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Healthy plex market !

Author
King Rothgar
Deadly Solutions
#21 - 2014-03-25 20:53:32 UTC
Simply a matter of inflation tbh. The price of everything has gone up. It wasn't that long ago BC's cost 20M isk and an Abaddon cost 120M. I also remember 250M isk plexes and privately owned capitals (not super caps) being a rare thing. Hell, I remember the PL blob being 12 thannies because being able to field a dozen carriers was a really big deal at the time. Power creep and inflation are inevitable in any persistent game.

Why is this type of thing inevitable? Because no game company with any sense actually nerfs their player's grinding speed directly. Imagine how well it would go over if they suddenly said "mission npc's in high sec will no longer pay bounties, drop loot or tags." That would fix a major inflationary source. It would also cause such an enormous uproar and rage quitting that they would have to be exceptionally foolish to even propose it as an option publicly.

As an alternative, other sources of income are boosted to alter the balance between high/low/null/w-space. Level 5 missions pay around 15-20% more LP than they did when I first started running them. I make less raw isk per mission however once LP is cashed out. In fact, it used to take only 2-3 missions to buy a plex when I first started, now it's closer to 7-8. By paying out more LP, they actually nerfed lvl5 missions by devaluing the LP greatly. It did make faction mods and implants a lot cheaper however, thus more can afford them.

To counter this inflation in null, they keep adding items to game to improve the bounties there such as the new deployable structure. This in turns adds to inflation making high sec worth less in comparison. It also drives up the cost of everything since isk is worth less than it was before. Most major updates tune these things and every one of them that does adds more inflation.

Another major point is skill creep. The higher the average player SP, the faster the average player can accumulate raw isk and materials. This devalues both and as such, takes more of them to acquire things that are of a more limited or even fixed supply. This process will not end until the servers go offline. With that said, PLEX is not a speculator's dream. Yes, 4 years ago they cost 250M and today they are well over 600M. But you could also buy an Archon for 550M back then, Abaddons for 110M isk, an Ark for under 4B isk and a 1MN Gisti B-type MWD's for 7M isk instead of 70M or whatever they are now.

[u]Fireworks and snowballs are great, but what I really want is a corpse launcher.[/u]

Lidia Caderu
Brave Newbies Inc.
Brave Collective
#22 - 2014-03-25 21:26:09 UTC  |  Edited by: Lidia Caderu
If CCP will not do something, i'll simply stop playing.
Endovior
PFU Consortium
#23 - 2014-03-25 22:18:08 UTC
Market speculation, even of the 'simultaneous buy and sell order' variety, is not invalid. The market, too, is a PvP area. Buy orders provide instant gratification to those too lazy to sell their goods themselves and wait for their profit. By extension, sell orders are for those people in too much of a hurry to wait for their own buy orders to be filled.

Driving these two, of course, is the time value of money... the fact that you MIGHT be able to make more money later on by waiting for someone to buy your sell order, or save some money later on by putting up a buy order instead of buying from a sell order, is offset by the fact that if you do either of these, you will not have the money or the item you want right now. In that way, by providing market volume and organizing arbitrage, the competition of the speculators makes the market faster and more efficient for the 'right now' crowd. Neither is wrong.

Lidia Caderu wrote:
If CCP will not do something, i'll simply stop playing.
Thus does the market correct itself. More to the point, if you're the kind of player who wasn't paying CCP at all, and was only buying PLEX, CCP won't necessarily be sad to see you go; if you leave because PLEX prices go up, the mere fact that those prices are going up makes it clear that you're in a minority.
Amarisen Gream
The.Kin.of.Jupiter
#24 - 2014-03-25 22:38:05 UTC
i've tried to argue this point in another thread. The problem is two fold GREED, and inflation. You can't stop inflation, and the only way to kill GREED is by killing the people who harbor it.

The key factors people need to look at is the rate of inflation of the plex vs other things in game. Its going to get to the point where getting your monthly plex to feed your account will be more like a job, that takes a whole month, than something you can do in a few hours if your doing the right stuff in EVE.
Controling Plex would change this to the extreme, but would also have its own effects on the market.

It should work its self out after a few weeks to months, but not before the more causal players can't afford to plex their accounts, and can't afford RL funds to keep their accounts up...

"The Lord loosed upon them his fierce anger All of his fury and rage. He dispatched against them a band of Avenging Angels" - The Scriptures, Book II, Apocalypse 10:1

#NPCLivesMatter #Freetheboobs

Rowells
Blackwater USA Inc.
Pandemic Horde
#25 - 2014-03-25 22:42:02 UTC
As I am aware, CCP does inject its own Plexes into market when they think the supply is too low. They understand the importance of this item and keep an eye on it.
Hairpins Blueprint
The Northerners
Pandemic Horde
#26 - 2014-03-26 14:21:07 UTC
King Rothgar wrote:
Simply a matter of inflation tbh. The price of everything has gone up..



not true ... man 90% of market is going down only plex keep stedy up because of market speculations.

you can buy a moros for 2b now -_-
Hairpins Blueprint
The Northerners
Pandemic Horde
#27 - 2014-03-26 14:23:25 UTC
Rowells wrote:
As I am aware, CCP does inject its own Plexes into market when they think the supply is too low. They understand the importance of this item and keep an eye on it.



i don't think they do it any more Sad and i understand that more isk for plex = happy CCP because people like to get more isk for the plex they drop on the market ....

but there are peope that dry the market up to make isk on it, it's cool for me to do it on any other item but not this one.
Hairpins Blueprint
The Northerners
Pandemic Horde
#28 - 2014-03-26 14:30:12 UTC
HandelsPharmi wrote:
3 Plex per account per 30 days? you are kidding me...


way? you don't need any more do you? ....

it can be per 25 day's whot ever.

it's not about controling the price, it's about baning the "i buy all stuff of the market" button : |
Hairpins Blueprint
The Northerners
Pandemic Horde
#29 - 2014-04-03 21:49:54 UTC
i still think this is a good idea. before when you clould by gtc on forum, it was not posible to manipulate plex price ... it woyld be to hard.

But now it's easy : | and plex is out side game item, way the same rules should apply to it if it's way difrent :<

eaven 5 plex per 25 day's per account whot ever just not 1000 Cry
admiral root
Red Galaxy
#30 - 2014-04-03 23:02:10 UTC
Hairpins Blueprint wrote:
it's not about controling the price, it's about baning the "i buy all stuff of the market" button : |


AKA banning market PvP. I'd say ESO is that way ---> but I kinda like the game. GB2WoW. P

No, your rights end in optimal+2*falloff

Goatman NotMyFault
Lubrication Industries
#31 - 2014-04-03 23:04:58 UTC
Hairpins Blueprint wrote:
i think that after all plex is the one item that should not be speculated on the market ...

idea is easy, BAN buy orders on plex, and restrict amout of plexs you can buy to 3 per account per 30 day's. Blink



While ure at the idea, ill throw some lambs on the fire....

It could be CCP driving the prices up to get players to buy more plex to sell on the marked.... So send in a petition.
Derath Ellecon
University of Caille
Gallente Federation
#32 - 2014-04-03 23:16:10 UTC
Hairpins Blueprint wrote:
it's not about " lower plex prices" it's about less market speculations.


Posting in a stealth "lower PLEX prices" thread even tho it's claimed to be not.


Hairpins Blueprint
The Northerners
Pandemic Horde
#33 - 2014-04-03 23:28:41 UTC
Derath Ellecon wrote:
Hairpins Blueprint wrote:
it's not about " lower plex prices" it's about less market speculations.


Posting in a stealth "lower PLEX prices" thread even tho it's claimed to be not.





Shhhhhh
paritybit
Stimulus
#34 - 2014-04-03 23:58:07 UTC
When plex prices go up there is more incentive to buy a plex to sell on the market; therefore, more people are selling plex and the prices will go down as supply saturates the market. When plex prices go down, there is less incentive to purchase a plex to sell on the market. Plex just rides the natural supply and demand waves. When somebody spends real money the plex is magicked from thin air and put on the market. ISK changes hands and some leaves the system entirely through the NPC tax system. Everything is working as intended here.
Psychoactive Stimulant
#35 - 2014-04-04 00:12:59 UTC
High prices is a healthy market. I don't think you understand how markets work.

Housing crash was BAD for economy. Plex crash is BAD for economy.

People who purchase plex for RL money and convert it to isk are happy, because, as you stated, everything else isn't rising as fast. So you get more isk purchasing power for your plex. Why are you crying?

This is a booming economy filled with rich idiots who pay CCP real money to buy expensive ships from me while I pay a TINY bit more for a plex.

If you kids are crying about expensive plex, you really should reconsider what you're doing with your game time. Or just quit and go play something more suited to your entertainment needs... like Hello Kitty Online.

I believe it was CCP who said it best: Harden the F*ck Up.
Obunagawe
#36 - 2014-04-04 01:14:10 UTC
Psychoactive Stimulant wrote:
High prices is a healthy market. I don't think you understand how markets work.

Housing crash was BAD for economy. Plex crash is BAD for economy.

People who purchase plex for RL money and convert it to isk are happy, because, as you stated, everything else isn't rising as fast. So you get more isk purchasing power for your plex. Why are you crying?

This is a booming economy filled with rich idiots who pay CCP real money to buy expensive ships from me while I pay a TINY bit more for a plex.

If you kids are crying about expensive plex, you really should reconsider what you're doing with your game time. Or just quit and go play something more suited to your entertainment needs... like Hello Kitty Online.

I believe it was CCP who said it best: Harden the F*ck Up.


Except total traded volume has decreased so it's not healthy at all, is it?
Ivan Krividus
Cold Lazarus Inc
The-Expanse
#37 - 2014-04-04 01:20:09 UTC
Hairpins Blueprint wrote:
Rowells wrote:
bad idea is bad. Just because plexes are getting more expensive doesn't mean we need to control the prices. It's the natural flow and ebb.

Also means no more 50 plex noobship kills either



can agree, would it be natural to pay 100$ for 1 L of water just because some one have money to take over total control?

No. That is why a videogame exists where this is deliberately allowed to happen.
Hairpins Blueprint
The Northerners
Pandemic Horde
#38 - 2014-04-04 12:03:52 UTC
paritybit wrote:
When plex prices go up there is more incentive to buy a plex to sell on the market; therefore, more people are selling plex and the prices will go down as supply saturates the market. When plex prices go down, there is less incentive to purchase a plex to sell on the market. Plex just rides the natural supply and demand waves. When somebody spends real money the plex is magicked from thin air and put on the market. ISK changes hands and some leaves the system entirely through the NPC tax system. Everything is working as intended here.



not relly, is single person dry up the market and than just sell 1/10 of the stock for 20%+ or more ...
Hairpins Blueprint
The Northerners
Pandemic Horde
#39 - 2014-04-04 12:06:58 UTC
Ivan Krividus wrote:
Hairpins Blueprint wrote:
Rowells wrote:
bad idea is bad. Just because plexes are getting more expensive doesn't mean we need to control the prices. It's the natural flow and ebb.

Also means no more 50 plex noobship kills either



can agree, would it be natural to pay 100$ for 1 L of water just because some one have money to take over total control?

No. That is why a videogame exists where this is deliberately allowed to happen.



ofc, but plex is not an ordinary item ... it's out of game.
paritybit
Stimulus
#40 - 2014-04-04 16:04:31 UTC
Hairpins Blueprint wrote:
not relly, is single person dry up the market and than just sell 1/10 of the stock for 20%+ or more ...


Eventually he's going to have to sell them all back, use them all or he's lost money on the deal. Either way, supply and demand still has a hold on the system.
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