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The real reason PLEX is so expensive

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Ranger 1
Ranger Corp
Vae. Victis.
#281 - 2014-04-23 00:25:15 UTC
Desivo Delta Visseroff wrote:
If / when plex gets closer to 1Billion, I may just buy one. Reselling it will give me plenty of nice pew pew ships, without having to make the effort to grind the isk in game.

Grinding/PVE sucks and requires too much effort. I just want steady stream of fitted ships to throw through grinder. $20 bucks every few months to allow for that ain't that bad.

Should I feel bad??? I don't know, but I don't.

You see, that's the whole crux of this non-issue.

PLEX prices rise until many people start to think exactly as you do.
Then the supply of PLEX for sale on the market rises.
Unless there is some new demand for PLEX, at that point the price begins to drop.

Currently there is more demand for PLEX on the open market (ship painting, because most people spend ISK on PLEX to convert to AURUM, not cash).

Which means demand has risen in relation to supply.
Which means the price in ISK spikes up.
Which is the whole point of this ridiculous thread.
Which means more people will pay cash for PLEX to sell.
Which means supply will begin to meet and then exceed demand.
Which means PLEX prices will start to trend back down again.
Which is exactly what it has always done.

Has the price trended upwards? Sure, gradually over time when looking at the average price... but it's entire price history has always been a series of spikes and declines.

We are simply in the middle of one of those spikes, and there will be another one when CCP implements a permanent method for skinning all ships if AURUM or PLEX can be used to obtain them.... or another large charity event... or anything else that will increase demand.

Just as inevitably, that spike will be followed by a decline as market forces adjust.

View the latest EVE Online developments and other game related news and gameplay by visiting Ranger 1 Presents: Virtual Realms.
Nevyn Auscent
Broke Sauce
#282 - 2014-04-23 00:53:27 UTC
Salvos Rhoska wrote:
Dave Stark wrote:
source that isk inflation is actually a thing?

Source that it isn't.

Latest CCP Dev Market blog indicating we actually may have slight deflation occuring? And that even if there is inflation like there has been in recent years, it's been in the very very tiny 1% kind of range.
I.E. Inflation is not a significant factor in EVE. The market swings in response to actual market pressures. Exactly as plex price swings have been traced directly to announcements and uses for plex.
2 new uses of plex have been introduced recently.
Fanfest is also coming around again.
And no new faucets of plex have been introduced.

Of course, others have told you this already and you still won't listen.
Scipio Artelius
Weaponised Vegemite
Flying Dangerous
#283 - 2014-04-23 00:57:44 UTC
Nevyn Auscent wrote:
Of course, others have told you this already and you still won't listen.

While I don't like a lot of things Slavos has written recently, I think the last couple of pages in this thread show he isn't closed minded.

He has modified his view a bit since reading the evidence.
Tippia
Sunshine and Lollipops
#284 - 2014-04-23 04:44:47 UTC
Hasikan Miallok wrote:
Sinks:
  • Missions where player acquires items for agents such as "Preparation for War" and Data-center agents
Added an item.
Nah. That's just taxes and/or NPC sell orders, depending on the item.
Wacktopia
Fleet-Up.com
Keep It Simple Software Group
#285 - 2014-04-23 09:22:40 UTC
Define "expensive".

If you can make more ISK per hour in game now than you could a year ago and PLEX has gone up my the same margin then it is no more "expensive" than it was last year.

#checkoutmyeconomicsbro

Kitchen sink? Seriousy, get your ship together -  Fleet-Up.com
KnowUsByTheDead
Sunlight...Through The Blight.
#286 - 2014-04-23 13:31:32 UTC
:tinfoil:

Once you realize what a joke everything is, being the comedian is the only thing that makes sense.
MiniWeasel
The Forsakened Few
We Forsakened Few
#287 - 2014-04-23 15:17:45 UTC
Oh no.... You don't like PLEX price? Back in the day, we had to pay real cash every month. None of this here free to play PLEX stuff.
LHA Tarawa
Pator Tech School
Minmatar Republic
#288 - 2014-04-23 21:05:13 UTC
Higher in game price for PLEX, in ISK terms, is a DIRECT result of increased profit potential.

After game changes such as removing the "learning skills" (faster to train a new toon) M0 and drone drop (pushed up mineral prices) I did some math and found that at 600IM-ish a month (that PLEX had been going for) I could start an additional account, train it up quickly, and fund it with PLEX, and the account would generate more than 600M a month.

Heck, with buddy invite, I could get 51 days virtually free, and by then it would be generating way more than 600M a month.

So, I did, and so did some friends of mine. More demand for PLEX from all those extra accounts...

Supply and demand. The price of PLEX will go up until it is no longer worth it for me to have that 4th account that I am funding on PLEX. When I (we) decide to start reducing the number of accounts we are funding on PLEX, then the price of PLEX will stabilize.
MutnantRebel
Caldari Provisions
Caldari State
#289 - 2014-04-23 21:41:28 UTC
PLEX Prices are not the problem. People who whine and cry that they don't play for free... THAT is the problem. Don't want to pay to play Eve? You think Eve is "lol" worthy as a game? Go find something else to do. The rest of us will enjoy the game, and have a grasp on basic economics, which undertanding apparently fails you.

Trailer Trash and proud of it!
Solecist Project
#290 - 2014-04-23 22:55:02 UTC  |  Edited by: Solecist Project
MutnantRebel wrote:
PLEX Prices are not the problem. People who whine and cry that they don't play for free... THAT is the problem. Don't want to pay to play Eve? You think Eve is "lol" worthy as a game? Go find something else to do. The rest of us will enjoy the game, and have a grasp on basic economics, which undertanding apparently fails you.

Checked the german forums.

There's a miner who sits in rented nullsec space whining on an alt account
that he can't PLEX his up to eight accounts anymore,
because of the PLEX prices.

Oh and, of course, there's an afk cloaker ruining his game. lol

People shred him apart.


I say good riddance.

That ringing in your ears you're experiencing right now is the last gasping breathe of a dying inner ear as it got thoroughly PULVERISED by the point roaring over your head at supersonic speeds. - Tippia
Hasikan Miallok
Republic University
Minmatar Republic
#291 - 2014-04-23 22:59:44 UTC
The initial title of the thread is just wrong.

PLEX are not expensive.

Maybe on the chinese server where they have hit 3 billion they are. But not on the main global server.