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708M.. cheapest PLEX in Jita.

First post
Author
MonkeyMagic Thiesant
24th Imperial Crusade
Amarr Empire
#121 - 2014-03-27 16:48:44 UTC
Looked back over past five years, the monthly plexflation is around 1.75%, yearly 23%.

Could hit a billion around the end of next year.
Markku Laaksonen
School of Applied Knowledge
Caldari State
#122 - 2014-03-27 16:49:15 UTC  |  Edited by: Markku Laaksonen
Desimus Maximus wrote:
bitches about PLEX prices


Work at a McD's making minimum wage, don't be totally irresponsible with your money, and save about two day's pay for a year's sub to EVE. A year's sub is currently 100 USD, but I could have sworn it was 120 USD, and am using the higher price anyway.

Can you make enough ISK to PLEX your account for a year during the course of two days even when PLEX has returned to normalcy... reasonable level? A year's worth of PLEX at 500m would be 6b ISK. What percentage of the player base can make 6b in two working day (16 hrs)?

No. You can't. Ever.

Minimum wage was used as a baseline. You likely make more. For example, if you're American, you likely make closer to the national average 24 USD / hr as per the Bureau of Labor website statistics. Lets say you're not quite average and only make 10 USD / hr, and you're not totally irresponsible with your money. You only need to work for 12 hours to make that much. Less than 2 full 8hr days. Let's just get the first 120 USD down payment out of the way and then start saving for the next one, and assume you get paid twice monthly. You only need to save 5 bucks a paycheck. That's it. If you can't save 5 bucks a paycheck, there are other things you need to worry about rather than playing EVE.



PLEX prices are subject to the in-game market. While CCP does intervene to effect its price, that's BS and they shouldn't. But so far they haven't and the cheapest you can find in Jita is over 700mil. Just pay a yearly sub. If you do it now, it's only 8.33 USD / mo and you never need to worry about grinding out ISK for next month.

EDIT: Added BoL source

EDIT2: UK statistics on earnings, average hourly earning on page 7. This one is a couple years out of date, but all I can be bothered to look up.

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Eli Porter
Ministry of War
Amarr Empire
#123 - 2014-03-27 16:49:41 UTC  |  Edited by: Eli Porter
Mario Putzo wrote:
Eli Porter wrote:


Let me explain it in simpler terms.

X has no PI resources. He gets about 600 mil a month from ratting and missions.

Y has lots of PI resources and a bunch of alts each taking advantage of them. Each character gets about 1 bil a month.

Y outnumbers player X and gets more money than him. Pilot X can no longer afford a PLEX, he's been drowned out of the market. But people like pilot Y can.


So what you are trying to say is you and some guy each got a couple alts running PI and instead of plexing 1 account you are plexing 2, and Y is plexing 4 instead of 1.

Instead of 2 Plexes to run your accounts you and Y now need 6 Plexes between the two of you.

.....
.....
.....

Really.



I'm not saying anything about me and some friend, but let's assume that yes. we're plexing 6 characters each making 1 bil, and the guy with no access to PI is making 600mil. We have 6 ppl that can at most afford to spend 1 bil on a plex, and there's a guy that can at most afford to spend 600mil. That guy won't be buying plexes.

Without PI, we would gain less ISK per month, and would have much less benefit in having alts for profit.
Vera Algaert
Republic University
Minmatar Republic
#124 - 2014-03-27 16:55:35 UTC
Markku Laaksonen wrote:
Desimus Maximus wrote:
bitches about PLEX prices


Work at a McD's making minimum wage, don't be totally irresponsible with your money, and save about two day's pay for a year's sub to EVE. A year's sub is currently 100 USD, but I could have sworn it was 120 USD, and am using the higher price anyway.

Can you make enough ISK to PLEX your account for a year during the course of two days even when PLEX has returned to normalcy... reasonable level? A year's worth of PLEX at 500m would be 6b ISK. What percentage of the player base can make 6b in two working day (16 hrs)?

No. You can't. Ever.

Minimum wage was used as a baseline. You likely make more. For example, if you're American, you likely make closer to the national average 24 USD / hr as per the Bureau of Labor website statistics. Lets say you're not quite average and only make 10 USD / hr, and you're not totally irresponsible with your money. You only need to work for 12 hours to make that much. Less than 2 full 8hr days. Let's just get the first 120 USD down payment out of the way and then start saving for the next one, and assume you get paid twice monthly. You only need to save 5 bucks a paycheck. That's it. If you can't save 5 bucks a paycheck, there are other things you need to worry about rather than playing EVE.



PLEX prices are subject to the in-game market. While CCP does intervene to effect its price, that's BS and they shouldn't. But so far they haven't and the cheapest you can find in Jita is over 700mil. Just pay a yearly sub. If you do it now, it's only 8.33 USD / mo and you never need to worry about grinding out ISK for next month.


You assume that I can earn more real-life money at will, just as I can sit down for an hour or two and earn some isk.

Good luck finding a McDonald's that will employ you for 2 days.

.

Last Wolf
Umbra Wing
#125 - 2014-03-27 16:58:39 UTC
I remember when 300mil got you a 90day GTC :(

That awkward moment at the Gentlemen's Club when you see your sister on the stage....and you're not sure where to put the money....

Markku Laaksonen
School of Applied Knowledge
Caldari State
#126 - 2014-03-27 17:06:32 UTC  |  Edited by: Markku Laaksonen
Vera Algaert wrote:
You assume that I can earn more real-life money at will, just as I can sit down for an hour or two and earn some isk.

Good luck finding a McDonald's that will employ you for 2 days.


Yeah, I totally implied that you should find 2 day employment at a McD's. Don't be a moron. You're so much smarter than that.

My assumption isn't that you "can earn more real-life money at will." You're so much better than that. But I'll spell it out. My assumption is that if you're playing EVE, there is every way in the world you can afford to put aside 5 bucks a paycheck.

I'm confidently assuming that EVERYONE who plays EVE does so being able to afford the PC, internet connection, electrical bill, and mortgage/rent associated with having the privilege of wasting away the day playing a computer game. I'd feel pretty safe assuming they can also at least afford the other comforts that come with having shelter in such a privileged society, such as water / sewer, gas, and waste.

If you'd like help to achieve this seemingly herculean task, please message me. I would be glad, more than happy actually, to sit down with you and talk about your family funds and how to manage this. EDIT: This is a sincere offer.

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Crasniya
The Aussienauts
#127 - 2014-03-27 17:16:43 UTC
People crying because it's hard to play for free, because not enough other people are paying for their game for them.

Entitlement much?

Soraya Xel - Council of Planetary Management 1 - soraya@biomassed.net

Radric Davids
GoonWaffe
Goonswarm Federation
#128 - 2014-03-27 17:41:27 UTC
The real price of plex has not changed.... You should be making about the same income in terms of price adjusted income, assuming you are doing the same thing every time (which i hope you arent). We dont know if plex has risen in real value, just in nominal price.

The increase in isk price of plex is simply due to natural inflation caused by growth of players, income earning efficiency, and the purchase of plex with real money.

OP, and anyone complaining about this, is mad cuz bad (at economics), basically
Eli Porter
Ministry of War
Amarr Empire
#129 - 2014-03-27 17:45:03 UTC
Radric Davids wrote:
The real price of plex has not changed.... You should be making about the same income in terms of price adjusted income, assuming you are doing the same thing every time (which i hope you arent). We dont know if plex has risen in real value, just in nominal price.


For a highsec carebear or a nullsec ratter, earnings have remained quite static while other, far more profitable venues have surfaced. So it's mostly those guys that are hurt.
Cranky MaDinky
Doomheim
#130 - 2014-03-27 17:56:53 UTC
I realize some people don't have a lot of money but heavens if you can't afford 15 lousy bucks a month for 1 account, that's pretty sad. The time you say you waste earning ISK to buy a PLEX could be used out digging through peoples recycling bins for beer bottles. You could get 15 bucks worth in a few hours...
Pew Terror
All of it
#131 - 2014-03-27 18:02:04 UTC
If 10 dollars are a problem to pay for your video game, you shouldn't play video games until 10 dollars are not a problem.
Victor Andall
#132 - 2014-03-27 18:12:19 UTC
Pew Terror wrote:
If 10 dollars are a problem to pay for your video game, you shouldn't play video games until 10 dollars are not a problem.


A thousand times this.

And I'm from a stereotipically impoverished country.

I just undocked for the first time and someone challenged me to a duel. Wat do?

19.08.2014 - Dinsdale gets slammed by CCP Falcon. Never forget.

Meilandra Vanderganken
Aliastra
Gallente Federation
#133 - 2014-03-27 18:28:38 UTC
I don't like it any more than you do OP, but if I see how easily I can PLEX 3 accounts a month I'm not surprised prices are going up. I f I can do it with my half arsed income schemes (I put in about zero effort to maximize my income, not in PVE, industry and trading, the pro's would prolly ROFLOL if they saw my inefficiency) then basically anyone can do it, which will translate in high demand.

And it's not just those 3 PLEX per month I have to use to PLEX my accounts, I started parking my excess liquid isk in PLEX too, since historically it only seems to be going up, and pretty fast too. I figure tons of players do this. Much as IRL gold is considered a good 'safe haven', so does PLEX seem to be a safe haven in EVE. It's even better than gold, if gold were to crash completely IRL (due to space mining or exotic synthetic materials developed at a fraction of the cost or whatever) you're stuck with a worthless raw material, if PLEX were to crash to 1/100th of it's value, it's still worth 30 days of play time per PLEX.

I'm guessing it will never crash or even stabilize as long as EVE is a thriving game. CCP keeps adding more stuff to do with PLEX which gives ppl with more isk then they know what to do with something to do with it. Dual/Triple training, transferring chars to other accounts, ship painting etc etc. And then there is RL inflation too, PLEX will not be 15$ forever (or however much it is atm).

Bottom line, it will keep going up, learn to deal with it, start paying subs or leave the game. Should the time come where I can no longer PLEX my accounts with the ammount of effort I now put into it, I might sub one or two accounts or leave EVE. That point should be reached at about 1 billion per PLEX with my CURRENT income.
Jack Lennox
Grove Street Families
#134 - 2014-03-27 18:37:27 UTC
So now that you're quitting can I have all your stuff?

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Meilandra Vanderganken
Aliastra
Gallente Federation
#135 - 2014-03-27 18:41:51 UTC
Pew Terror wrote:
If 10 dollars are a problem to pay for your video game, you shouldn't play video games until 10 dollars are not a problem.

A lot of the time when ppl say: "I don't have money for X." what the actually mean is:"I don't have money to get X, Y and Z and I really don't wanna give up Y and Z cuz they are more important or I enjoy them more.". Same with me, I like EVE but I'm pretty casual. If EVE were to cost me 45 euro a month to keep up that casual play I'd be gone. While I have no problem spending multiple times that a month on pubs, movies, dining out etc. It just wouldn't be worth it for me.
Meilandra Vanderganken
Aliastra
Gallente Federation
#136 - 2014-03-27 18:44:37 UTC
Jack Lennox wrote:
So now that you're quitting can I have all your stuff?

Tbh, I would recommend everyone 'quitting' EVE to liquify all their assets and turn them into PLEX, hell, maybe that's what's driving the rising prices as gankers such as myself are said to be driving players out of the game at an extounding rate regarding to the forums Roll
Qalix
Long Jump.
#137 - 2014-03-27 18:48:42 UTC
I no longer use my real money to pay for EVE. I don't think I ever will. It isn't so wonderful that I'll grind forever to pay for it or waste my precious, finite real money on a senseless luxury, no matter the price. There is a point at which many players will quit if the ISK for playtime equation no longer works out. Make any argument you like and call them any name you want, but it doesn't change that fact.
Lilliana Stelles
#138 - 2014-03-27 20:28:27 UTC
Plebeian thread.

Not a forum alt. 

Vaju Enki
Secular Wisdom
#139 - 2014-03-27 20:31:43 UTC
High plex prices are a great thing.

The Tears Must Flow

Qalix
Long Jump.
#140 - 2014-03-27 20:35:18 UTC
Lilliana Stelles wrote:
Plebeian thread.

Then you'd better hand out the bread and circuses. At least the Romans recognized the power and danger of the mob.