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PLEX : Told you so

Author
Soll Narana
Echelon Research
Goonswarm Federation
#121 - 2011-11-26 03:12:37 UTC
NeGaMeSH wrote:
First of all CCP has nothing to do with plex pricing.


wasn't there a dev blog last year where CCP said they would intervene in PLEX pricing if they didn't like where it was going... so I would say that CCP does know what the price is, and they are either 1) making it this expensive by their actions, or 2) agreeing with the current prices through their inaction.

Either way, CCP wants PLEX prices this high, or else it wouldn't be.
Jenshae Chiroptera
#122 - 2011-11-26 04:01:04 UTC
Mr Epeen wrote:
PLEX is worth exactly as much as someone is willing to pay for it.

No more. No less.

End of story.

Mr Epeen Cool


*Scratches arms and looks wildly around.*

So ... umm ... how much for that PLEX? Is it the good stuff?

*Rubs nose and sniffs*

I just need a little to get by you understand? Maybe I can change my ways by next month or the prices will come down. I can beat this.

*Shifts from foot to foot and scratches scalp, while mussing hair.*

CCP - Building ant hills and magnifying glasses for fat kids

Not even once

EVE is becoming shallow and puerile; it will satisfy neither the veteran nor the "WoW" type crowd in the transition.

Hecatonis
Imperial Shipment
Amarr Empire
#123 - 2011-11-26 05:14:00 UTC
Lola Humpsalot wrote:
Hecatonis wrote:
let the prices go up, it will hit a point where people like me, with a good stockpile and/or extra cash, will invest money into the system. i am currently sitting on over a years worth of PLEX even i will sell if it gets too high.

everyone one has its price and people that want to invest will invest when the money is good. pring the prices down.


A years worth of PLEX is like what, 12, so I hope you mean ALOT of years worth, because your're not going to have any impact at all if not.





i have 32 plex sitting in hangers, i dont play much but can still make enough to buy one or two every month. they guys i fly with are also in the same boat, and i bet many others are too. we will all fold at some point and bring the prices back down.

people that think they are controlling the markets i feel are deluded, everyone has a price to buy into the PLEX game and frankly the RL cost is cheap. the price will go down
Ral Darkmoon
Center for Advanced Studies
Gallente Federation
#124 - 2011-11-26 05:22:45 UTC
Dont see why people are getting so worked up about Plex prices for. If you rage quit your 10 accounts that you plex because you wont be able to afford 500 million isk plex, CCP will not give a damn. You plexing 10 accounts does not make any money for CCP. I am sure they would rather have 2 people paying real money than 100 people plexing accounts any day. Business is business, deal with it, or find something else to do. I hear WoW is free up to level 20!
Jaroslav Unwanted
Brutor Tribe
Minmatar Republic
#125 - 2011-11-26 05:25:17 UTC  |  Edited by: Jaroslav Unwanted
Ral Darkmoon wrote:
Dont see why people are getting so worked up about Plex prices for. If you rage quit your 10 accounts that you plex because you wont be able to afford 500 million isk plex, CCP will not give a damn. You plexing 10 accounts does not make any money for CCP. I am sure they would rather have 2 people paying real money than 100 people plexing accounts any day. Business is business, deal with it, or find something else to do. I hear WoW is free up to level 20!


hmm. Interesting point, but totally wrong.

PLEX > Subscription

PLEX on market are still payed for

best deal for CCP would be if people who own PLEXes will just trash it.

And anyway if you want to be somewhat competitive in the mining industry you have to have at least 20+ account that include two rorquals.
Kietay Ayari
Caldari State
#126 - 2011-11-26 08:43:22 UTC
You people do realize that when you say you will unsub your PLEX accounts it is not like unsubbing a paid account. CCP will not even notice because the PLEX you would have bought is just sold to someone else. The moment that enough PLEX accounts unsub that there are no longer enough people to buy from the suppliers, the price will go down and the amount sold will remain constant. It will always remain constant and CCP will always make their money no matter the price.

Ferox #1

Vandy ColdStone
Doomheim
#127 - 2011-11-26 09:00:24 UTC
Phaser Inc. returns still pay for my PLEX.
Il Feytid
State War Academy
Caldari State
#128 - 2011-11-26 09:03:46 UTC
Kietay Ayari wrote:
You people do realize that when you say you will unsub your PLEX accounts it is not like unsubbing a paid account. CCP will not even notice because the PLEX you would have bought is just sold to someone else. The moment that enough PLEX accounts unsub that there are no longer enough people to buy from the suppliers, the price will go down and the amount sold will remain constant. It will always remain constant and CCP will always make their money no matter the price.


Doesn't work like that. Your assuming the demand will remain constant. You should reexamine Supply and Demand theory.
Akrasjel Lanate
Immemorial Coalescence Administration
Immemorial Coalescence
#129 - 2011-11-26 09:33:23 UTC
Levija Saplina wrote:
At the going growth rate of prices, I believe PLEX will hit 700 mil by christmas time.

It is now at 570-590 mil per in Jita.

And the trend to rise is only limited by the fact that most people purchase their PLEX on week ends.

This means that tonight's spike in PLEX is nothing compared to what is coming.

But so many warning signs were there and nobody wanted to listen.

Guess people will have to run many more incursions soon.


What.. i checked it yesterday and it was below 500 mil and you say - "It is now at 570-590 mil per in Jita."

CEO of Lanate Industries

Citizen of Solitude

Kietay Ayari
Caldari State
#130 - 2011-11-26 09:50:05 UTC
Marlona Sky wrote:
Kietay Ayari wrote:
You people do realize that when you say you will unsub your PLEX accounts it is not like unsubbing a paid account. CCP will not even notice because the PLEX you would have bought is just sold to someone else. The moment that enough PLEX accounts unsub that there are no longer enough people to buy from the suppliers, the price will go down and the amount sold will remain constant. It will always remain constant and CCP will always make their money no matter the price.


Doesn't work like that. Your assuming the demand will remain constant. You should reexamine Supply and Demand theory.


No Im not, obviously reducing accounts using PLEX is reducing demand, but right now there is still much more demand than supply. When demand goes under supply we will see prices drop so that the volume of PLEX moving still remains the same.

All I said was that no matter the price of PLEX CCP's income from it will remain relatively constant. My only point was that people saying less PLEX will be sold becase of the high prices are silly, the instant less PLEX is sold people will have to drop their prices to sell more. Sooooo if you read what I said you would know I didnt assume anything about demand >_>

Ferox #1

Dai DIEDIEDIE
Doomheim
#131 - 2011-11-26 12:15:35 UTC
As a person who pays for Eve with cash I can only laugh at the freeloaders who have to 'work' in game to pay with plex.Lol
Elson Tamar
Aliastra
Gallente Federation
#132 - 2011-11-26 12:35:10 UTC
You do realise a: it's market driven and b: plex tends to be cheaper out in the sticks? anout 410mil in stou atm
JC Anderson
RED ROSE THORN
#133 - 2011-11-26 12:42:20 UTC  |  Edited by: JC Anderson
TriadSte wrote:
I think that there will come a time when CCP receive no income from plex as no will buy because of the huge cost. At this time CCP will do something to lower the cost to a more normal price.

Already 500 million is imo too high.



Well every single plex you see on the market, too high a price or not, has already generated revenue for CCP. Each plex out there was purchased with real world money.

However, if that continues, I can see your point.

Keep in mind that people pay for plex with real dollars and then sell it on the market for ISK. Therefore, if the prices rise to a point where it's hard to sell, people _will_ drop the asking price for it.

PLEX prices are purely in the hands of the players. CCP has sold plex for the same price since it was introduced without any fluctuation. The price spikes are happening once its already been purchased and due to the whims of the players selling it... (Or the whims of a few players buying all the ones on the market and sitting on them to cause the price spike)

Tippia wrote:
Jaroslav Unwanted wrote:
I guess there is no need to explain this over and over and over.. Its common sense - seems like its some kind of super-power tho.
Since people keep believing that PLEX = “free” = CCP does not get paid, it apparently does need to be explained over and over. Ugh


Yeah that is the main issue here.. Time and time again you come across people thinking PLEX means free-to-play and that CCP gains no income from it.

CCP does NOT seed PLEX people. The PLEX being sold on the market is the PLEX that another player already purchased from CCP for real world money. It is they who determine the price in ISK as they are the ones selling it.
JC Anderson
RED ROSE THORN
#134 - 2011-11-26 12:57:14 UTC
Oh and that reminds me... Whats with the news post on the front page? Wonder if the price spike had anything to do with why they disabled PLEX activation in-game temporarily.

25/11/2011
PLEX activation available again

The in-game PLEX activation is available again after it was disabled temporarily. We apologize for any inconvenience.
Lors Dornick
Kallisti Industries
#135 - 2011-11-26 13:18:47 UTC
JC Anderson wrote:
Oh and that reminds me... Whats with the news post on the front page? Wonder if the price spike had anything to do with why they disabled PLEX activation in-game temporarily.

25/11/2011
PLEX activation available again

The in-game PLEX activation is available again after it was disabled temporarily. We apologize for any inconvenience.


Most likely a game/DB glitch that made them malfunction.

And to spare customer service form more work they temporarily stopped the PLEX activation.

CCP Greyscale: As to starbases, we agree it's pretty terrible, but we don't want to delay the entire release just for this one factor.

Levija Saplina
Ken Interplanetary Communication
#136 - 2011-11-26 15:01:50 UTC
Akrasjel Lanate wrote:
Levija Saplina wrote:
At the going growth rate of prices, I believe PLEX will hit 700 mil by christmas time.

It is now at 570-590 mil per in Jita.

And the trend to rise is only limited by the fact that most people purchase their PLEX on week ends.

This means that tonight's spike in PLEX is nothing compared to what is coming.

But so many warning signs were there and nobody wanted to listen.

Guess people will have to run many more incursions soon.


What.. i checked it yesterday and it was below 500 mil and you say - "It is now at 570-590 mil per in Jita."


You obviously have brain damage.
Rhaegor Stormborn
Sebiestor Tribe
Minmatar Republic
#137 - 2011-11-26 15:05:16 UTC
No one will buy them at 400m!

So many people buy them they go up to 500m.

No one will buy them at 500m!

Prices continues to climb on there way to 700m by Christmas.

No one will buy them at 700m when they get that high!
True Sight
Deep Freeze Industries
#138 - 2011-12-03 02:13:19 UTC
Bumping this thread, because PLEX prices are 400m atm. lol.
Grey Stormshadow
Sebiestor Tribe
Minmatar Republic
#139 - 2011-12-03 02:36:16 UTC
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