Market Discussions

4K PLEX is 3T ISK, after factoring in that you couldn't get buy order price for that quantity.

Three trillion ISK is less than one twentieth of one percent of the total player built or looted assets in EVE. There is provably more than six quadrillion (6000 T) in player-built assets without counting blueprints, 'unique' ships and the like.

I expect the PLEX price to trend up slowly over time, punctuated with speculative bumps along the way.

200m days are forever gone. 200m prices occurred when there was a lot less ISK in the economy.

Yes, by being bad.

Lowest Peak-concurrent-user numbers since 2007, with newborn player creation levels back to 2010, along with no increase in (new) players willing to spend real cash on the game, and ever-growing number of bittervets with 2.5 accounts average left in the game will do that for this most interesting commodity.

Elementary zupply und demand, friend.



Oooh, could you be so kind as to direct me to learning more details on this most curious facility? Thank you.



Entirely possible - Can artificially create supply and put it on the market to suppress prices, or buy out current supply to hike prices via unlimited ISK facility, subject to the data on new player creation numbers, review of current habits in the fotm meta of popular aspects-activities in the game, and their interest in spending lave on a virtual currency at specific price levels/thresholds. Along with data on total liquid ISK in circulation and its monthly inflation, number of accounts active via plex and real credit, and many other metrics.

A hiiiigh price also grants incentive to people, willing to purchase said most illustrious currency that is our ISK with real monies, as well as deterring established players from using plex as an alternative to subscription, which increasingly gets more attractive as certain thresholds are met and passed, requiring people to abandon Fun in a race acquiring the eternal ISK for the purpose of the ultimate exchange.

You didn't hear me say any of that, but I'm thinking aloud.

I'm just trying to stem human interaction, that is all.

Thanks

Four thousand PLEX is not that much, considering daily volumes though.

Speaking of volumes, it is unavailable pre-2014/07 on eve-markets. http://eve-markets.net/detail?typeid=29668#history

Fuzz works excellently for the short term charting - https://www.fuzzwork.co.uk/market/marketdisplay.php?typeid=29668&regionid=10000002

Another reason for plex prices *in general*, is the efforts in combating RMT. Not sure how current the problem is, but I'd imagine the troublemakers would always try to offer a better exchange rate versus it.

Think simple, there's just too few revenue streaming in. I wonder why ccp.... how about: "Ha Ha you should have listned 5 yrs ago"

Actually there was a podcast a while back (I'll hunt for it later) with one of the owners of one of the GTC selling websites (I think it was eve-codes) and they were asked about PLEX prices and they stated that there was no real correlation between price of PLEX and PLEX sold. I imagine it's because while people need less PLEX each when the price gets highers, more people are willing to part with real cash for that much more ISK.

As for people trading PLEX, that's what a healthy economy does. It's not a problem that requires a solution, it's a required part of a healthy market. I doubt very much CCP will put in arbitrary limits on or remove the ability to trade PLEX.

There is no inflation in this game. It has been said many many times with many many graphics. Eve has been deflationary for more than half a decade. Now even the Faction/DED gear is deflationary.

Falling subscription numbers, free CCP gifts, changes to mining and manufacturing, increased averaged SP and increased availability of drops have made everything in this game deflationary.

Don't believe me? Consult the graph http://cdn1.eveonline.com/www/newssystem/media/65910/1/Indices_2014-02.png

By the way, your statement is completely wrong. There might be an upper limit to how much money the player base will spend because of real life budgets, but just because plex goes to 2bil a piece doesn't mean people will continue to max out their budget.

What you describe is the upper limit of spending, but the bottom limit is zero. I am sure the players using plex for isk would love higher prices, CCP wouldn't though.

They do, actually.



A price difference of 8 times is an extreme example - yes, at those exchange rates people wouldn't be interested in plex. Now, 800 vs 600 is a lot more reasonable - a 25% decrease in plex "purchasing power", but still within the threshold of providing excellent options.

Since prices topped just short of 1bn ISK, that would constitute a 40% decrease, or 1.66 plexes being required to purchase the same basket of commodities, compared to just one back in Nov of 2014.

Still a very good exchange rate for those interested, and as McSelling Alt mentioned, in light of Deadspace/Pirate modules & ships price crash and the ISBoxer ban in Dec of 2014, that would indeed be a reasonable target for CCP to pursue at this moment in time.

No they don't. As I said above, when one of the ETC traders was interviewed they stated that the number of codes sold does not change with the price of PLEX, likely either because peopel have a set amount they want to spend or codes or the price increases attract more players buying fewer each for the same total.

Prices didn't really top just short of 1bn, at least not steadily. If you look at the PLEX graphs the price suddenly shot up rapidly just prior to the isboxer announcement. To me that was an artificial raise being pushed by someone with enough capital to get the price primed for cashing out around the time the announcement was made (which actually raises questions of who had prior knowledge of the change) as you can see here. Even without any other changes I don't think the price would have stayed there without someone holding it up as it was too sharp a rise to be the natural price increase.