These forums have been archived and are now read-only.

The new forums are live and can be found at https://forums.eveonline.com/

Market Discussions

 
  • Topic is locked indefinitely.
123Next pageLast page
 

Plex Prices

First post
Author
Xanato Kaso
Frozen Flames
#1 - 2014-11-13 12:46:33 UTC  |  Edited by: Xanato Kaso
Why are they going up so fast??? Last month when I plexxed my accounts i was getting them for around 780m ea. Now they are running almost 900m!!!!





Edit: I have been fighting cancer for 5 years now. Please read and share my story. www.gofundme.com/ctmackenn
Bl1SkR1N
13th HOUR
#2 - 2014-11-13 13:00:03 UTC
Too much money poured into economy
Bad Bobby
Bring Me Sunshine
In Tea We Trust
#3 - 2014-11-13 14:15:31 UTC
Because PLEX are massively underpriced.
Meilandra Vanderganken
Aliastra
Gallente Federation
#4 - 2014-11-13 16:14:09 UTC
Because many players like to play without spending RL cash on EVE.
Bad Bobby
Bring Me Sunshine
In Tea We Trust
#5 - 2014-11-13 16:26:17 UTC
Meilandra Vanderganken wrote:
Because many players like to play without spending RL cash on EVE.

Many people like to have a second account without having to pay two subs.
RAW23
#6 - 2014-11-13 16:33:17 UTC
They are being very heavily manipulated both up and down but with the overwhelming trend being upwards. In a sense Bobby is right that they are undervalued, in that we obviously haven't yet hit the price beyond which supply will outstrip demand. On the other hand, from another perspective they are very much overpriced as 'plex producers' are willing to sell their product for much, much less. Without heavy manipulation the price would fall to something much nearer the lower levels that the people who create and sell plex would be willing to accept but the traders and medium to long term speculators have stepped into the gap to push prices towards the ceiling that demand will allow.

What I really like about the market at the moment is it's instability as this means margins are frequently opening and closing, making it a fun and dynamic market to watch on a daily basis.

There are two types of EVE player:

those who believe there are two types of EVE player and those who do not.

Bad Bobby
Bring Me Sunshine
In Tea We Trust
#7 - 2014-11-13 16:43:59 UTC
RAW23 wrote:
Without heavy manipulation the price would fall

But we are not planning to take our foot off the accelerator any time soon.
RAW23
#8 - 2014-11-13 16:59:13 UTC  |  Edited by: RAW23
Bad Bobby wrote:
RAW23 wrote:
Without heavy manipulation the price would fall

But we are not planning to take our foot off the accelerator any time soon.



I believe you Big smile

I'm still going to confine myself to cashing out of plexes at the end of any day's trading session, though, as I really don't want to be holding a significant stack overnight when the drop comes, even if it's only a drop to restock.

Now, if I wasn't living hand to mouth and had significant assets to invest then ... well, I'm still not sure. But then, I stayed out of the T2 BPO market for years because I knew a crash was coming. Sadly, by the time the crash did come (five years after I had come to my conclusions) I could have made more than enough profits to have covered the final crash losses. I think I may just be too risk averse Oops

Edit - I also know who to direct my corp-mates to when they are complaining about plex prices Blink

There are two types of EVE player:

those who believe there are two types of EVE player and those who do not.

Bad Bobby
Bring Me Sunshine
In Tea We Trust
#9 - 2014-11-13 17:17:31 UTC
RAW23 wrote:
I stayed out of the T2 BPO market for years because I knew a crash was coming. Sadly, by the time the crash did come (five years after I had come to my conclusions) I could have made more than enough profits to have covered the final crash losses. I think I may just be too risk averse Oops

The trick was to use your T2 BPOs as collateral on loans that you use to buy more T2 BPOs.

Someone has to hold the bag, but it doesn't have to be you.
RAW23
#10 - 2014-11-13 17:43:57 UTC  |  Edited by: RAW23
Bad Bobby wrote:
RAW23 wrote:
I stayed out of the T2 BPO market for years because I knew a crash was coming. Sadly, by the time the crash did come (five years after I had come to my conclusions) I could have made more than enough profits to have covered the final crash losses. I think I may just be too risk averse Oops

The trick was to use your T2 BPOs as collateral on loans that you use to buy more T2 BPOs.

Someone has to hold the bag, but it doesn't have to be you.



I did a fair bit of that with technetium back in the day. Must confess that I did wonder about the ethics of it, though, but since I would always have made good any losses it didn't personally seem too problematic. However, I suspect certain others might have been willing to default ...

There are two types of EVE player:

those who believe there are two types of EVE player and those who do not.

Sabriz Adoudel
Move along there is nothing here
#11 - 2014-11-13 22:49:33 UTC
RAW23 wrote:
Bad Bobby wrote:
RAW23 wrote:
I stayed out of the T2 BPO market for years because I knew a crash was coming. Sadly, by the time the crash did come (five years after I had come to my conclusions) I could have made more than enough profits to have covered the final crash losses. I think I may just be too risk averse Oops

The trick was to use your T2 BPOs as collateral on loans that you use to buy more T2 BPOs.

Someone has to hold the bag, but it doesn't have to be you.



I did a fair bit of that with technetium back in the day. Must confess that I did wonder about the ethics of it, though, but since I would always have made good any losses it didn't personally seem too problematic. However, I suspect certain others might have been willing to default ...


Ethics have no place in EVE, they are a weakness.

IRL is very different.

I support the New Order and CODE. alliance. www.minerbumping.com

Xanato Kaso
Frozen Flames
#12 - 2014-11-14 02:54:05 UTC
I have 7 accounts. its getting rediculous. I have to spend so much time playing the game doing what i dont want just so i can play the game. and each month its costing more and more time. why? cus some buttheads want to have phat bank sucks.
Signal11th
#13 - 2014-11-14 10:57:46 UTC  |  Edited by: Signal11th
Xanato Kaso wrote:
I have 7 accounts. its getting rediculous. I have to spend so much time playing the game doing what i dont want just so i can play the game. and each month its costing more and more time. why? cus some buttheads want to have phat bank sucks.



You have answered your own questions tbh, I have 4 accounts I run one, why? I'm not prepared to put that much time in to plex the other 3 accounts. People need to stop whining about it and either suck it up and pay or lose the accounts for now that they don't need and eventually when the demand falls the price will as well, it's pretty simple.

If you are moaning about plexing 7 accounts but in the end are still paying for the plex you can't complain about ever increasing prices.

There are fairly simple things that CCP could do that would pretty much half the price of plex overnight (e.g time limit on plex) but it won't be in their best interest to do so so don't expect them to do anything about it.

Only players can force a change like anything in life, if enough people stop plexing the price will drop like a stone.

God Said "Come Forth and receive eternal life!" I came fifth and won a toaster!

Ria Nieyli
Amok.
Goonswarm Federation
#14 - 2014-11-14 11:03:05 UTC  |  Edited by: Ria Nieyli
Bad Bobby wrote:
Because PLEX are massively underpriced.


An item that has no inherent ingame cost can never ever be underpriced. The funny part is, that no matter how low the price might be, there will always be people that are falling off the bottom since they can't afford it. I'm watching the effects of the price climb on people with morbid curiosity.
Jean Luc Lemmont
Carebears on Fire
Viral Society
#15 - 2014-11-14 17:05:57 UTC
Personally, I'm loving the current PLEX prices. Since I pay for my subs with RL cash, I just buy PLEX to resell - I haven't had to PVE in months and I can still replace ship losses without issues.

Will I get banned for boxing!?!?!

This thread has degenerated to the point it's become like two bald men fighting over a comb. -- Doc Fury

It's bonuses, not boni, you cretins.

Adunh Slavy
#16 - 2014-11-14 20:09:54 UTC
Xanato Kaso wrote:
I have to spend so much time playing the game ... so i can play the game.


Ok then


Necessity is the plea for every infringement of human freedom. It is the argument of tyrants; it is the creed of slaves.  - William Pitt

Vaerah Vahrokha
Vahrokh Consulting
#17 - 2014-11-14 20:16:43 UTC
Sabriz Adoudel wrote:
RAW23 wrote:
Bad Bobby wrote:
RAW23 wrote:
I stayed out of the T2 BPO market for years because I knew a crash was coming. Sadly, by the time the crash did come (five years after I had come to my conclusions) I could have made more than enough profits to have covered the final crash losses. I think I may just be too risk averse Oops

The trick was to use your T2 BPOs as collateral on loans that you use to buy more T2 BPOs.

Someone has to hold the bag, but it doesn't have to be you.



I did a fair bit of that with technetium back in the day. Must confess that I did wonder about the ethics of it, though, but since I would always have made good any losses it didn't personally seem too problematic. However, I suspect certain others might have been willing to default ...


Ethics have no place in EVE, they are a weakness.

IRL is very different.


I have had HUGE advantages with ethics in EvE.

I wish I could say the same about your mentioned RL...
Awesome MILF
Doomheim
#18 - 2014-11-14 22:49:33 UTC
in fact I'm surprised PLEX doesnt cost like 3b, provided most people brag about earning hundreds of millions passively every day.

Xanato Kaso wrote:
I have 7 accounts. its getting rediculous. I have to spend so much time playing the game doing what i dont want just so i can play the game. and each month its costing more and more time. why? cus some buttheads want to have phat bank sucks.


may I suggest STOP the obsession and play the GAME? There's no way you ENJOY eve online if you run 7 accounts. You have converted the game into a JOB.

stop it mate.
Xanato Kaso
Frozen Flames
#19 - 2014-11-14 23:52:07 UTC
Awesome MILF wrote:
in fact I'm surprised PLEX doesnt cost like 3b, provided most people brag about earning hundreds of millions passively every day.

Xanato Kaso wrote:
I have 7 accounts. its getting rediculous. I have to spend so much time playing the game doing what i dont want just so i can play the game. and each month its costing more and more time. why? cus some buttheads want to have phat bank sucks.


may I suggest STOP the obsession and play the GAME? There's no way you ENJOY eve online if you run 7 accounts. You have converted the game into a JOB.

stop it mate.



I enjoy mining. 6 of my toons are dedicated towards mining and this one is towards combat. but I have to spend a lot of time mining just to pay for PLEXES when i could be using those minerals for my industry goals. all due to the super inflated price of PLEX.
Rain6637
Simulacra and Simulation
Goonswarm Federation
#20 - 2014-11-15 00:43:28 UTC
pretty sure 90% of the people you think are causing a problem are doing the same thing you are. mining.

if you all stopped mining just to PLEX, the price of PLEX might go down.

that's not irony
123Next pageLast page