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Plex Prices

First post
Author
u3pog
Ministerstvo na otbranata
#501 - 2015-06-21 11:46:14 UTC  |  Edited by: u3pog
Asinar, do like I did. I used to do missions and at some point I saw it isn't enough and it's very time consuming as you've said.

So? I tried doing something else, there are many ways to earn ISK in the game. And you know what? It worked! In just one year and something I was able to accumulate enough ISK to subscribe for the next 10 years! And I put a lot less effort into it, It just took some time to know what I am doing.

My only problem is that I don't want to stop now that my wallet is full. I want more and more :P And this is where alts come in...While making ISK with one account, you can freely do whatever you like with another.

The way I see It I won't stop playing even if PLEX goes up beyond 2-3 billion, maybe this will force me to stop any alts, but as long as I have ISK I will pay with it, because I don't have a lot of spare real money to spend. Yes, I remember when it used to be 300 mil, but there's no going back.
RAW23
#502 - 2015-06-21 11:55:45 UTC
Bad Bobby wrote:
Alexi Stokov wrote:
Is that actually a record player?
Of course it is.


And it's powered by a waterwheel.

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
#503 - 2015-06-21 11:58:10 UTC
RAW23 wrote:
Bad Bobby wrote:
Alexi Stokov wrote:
Is that actually a record player?
Of course it is.
And it's powered by a waterwheel.
Don't give me ideas.
Alexi Stokov
State War Academy
Caldari State
#504 - 2015-06-21 22:46:30 UTC
Bad Bobby wrote:
RAW23 wrote:
Bad Bobby wrote:
Alexi Stokov wrote:
Is that actually a record player?
Of course it is.
And it's powered by a waterwheel.
Don't give me ideas.


You might want to "nyx" that one... Last thing you'd want is to spring a leak with all those electronics. I'm so funny
Tomb Ovaert
9B30FF Labs
#505 - 2015-07-29 13:26:22 UTC
The current price of PLEX appears to reflect the overall slump in activity in EVE Online, as, arguably, new-er players are reluctant to purchase said PLEX, or as can be gleaned from eve-offline.net, courtesy of Chribba, new-er player creation numbers themselves are back to 2009-ish levels, while demand is constant along with more stemming from the addition of Tech 2 SKINs.

As a representative of GankYou, I am going to be settling the PLEX price bet with Angelica Everstar next month. The conditions of the bet, I believe, were ten PLEX either way with the price target being seven hundred fifty million ISK across all major trade hubs by the start of the month of August.

He was adamant in honouring this - a Pirate's word, or so he said.
Koniforous
Tauren Transit
#506 - 2015-07-29 13:56:29 UTC
Koniforous wrote:
Gank, where do you see plex prices at in December? Based on your graphing, and also in separate based on your intuition? I'm guessing this will be a temporary damper to the price rise and when its done plex will recover quickly to slightly below 900mil, and achieve ~1bil by December.

Tomb Ovaert
9B30FF Labs
#507 - 2015-07-29 14:45:40 UTC
That was a very good call, Mr Koniforous.

Although, as has been mentioned in this thread, high PLEX prices are detrimental to overall activity in the EVE Universe.
Makhpella
Bad Taste.
#508 - 2015-07-30 15:23:06 UTC  |  Edited by: Makhpella
There are 1004 units of plex on the entire eve market right now.

If you have 1T ISK lying in you wallet....

JUST DO IT!!!
Angelica Everstar
#509 - 2015-07-30 17:15:15 UTC  |  Edited by: Angelica Everstar
Tomb Ovaert wrote:
The current price of PLEX appears to reflect the overall slump in activity in EVE Online, as, arguably, new-er players are reluctant to purchase said PLEX, or as can be gleaned from eve-offline.net, courtesy of Chribba, new-er player creation numbers themselves are back to 2009-ish levels, while demand is constant along with more stemming from the addition of Tech 2 SKINs.

As a representative of GankYou, I am going to be settling the PLEX price bet with Angelica Everstar next month. The conditions of the bet, I believe, were ten PLEX either way with the price target being seven hundred fifty million ISK across all major trade hubs by the start of the month of August.

He was adamant in honouring this - a Pirate's word, or so he said.


I still firmly believe that the days of 750m per PLEX are LONG gone...

Or "this is just the beginning..." Blink

§ Current Bond AE09 1 Trillion / Acc. 4,5t ISK

ƒ Want to become a better trader ?

¢ Pls help support EVEs charities!

@EveEntrepreneur

Alt Pilot1
Native Freshfood
Minmatar Republic
#510 - 2015-07-30 18:16:49 UTC  |  Edited by: Alt Pilot1
Here's what I think.

Player A - People sell PLEX because:

1. They only log in to PvP. So when they run out of ISK, they sell more PLEX to fund their PvP. However, the population is decreasing. Therefore the number of players doing this decreased. The fact that supercaps are now useless might also have an effect, because you have less people selling PLEX to buy super.

2. They are relatively newer players using PLEX to fund their trading / industrial operations.

3. The number of Newborn Players have been decreasing. The population of Eve have been decreasing. So there are less players selling PLEX.

Player B - People buy PLEX because:

1. They are older players that already have the capability to generate ISK, and use PLEX to fund their second account, multiple character training, or whatever they choose to do with it.

2. They are older players with enough ISK to buy up and hold a boat load of PLEX for speculation.

3. There is "PLEX for Good" from time to time, which creates a PLEX sink when people donate. I think older players who are holding a lot of PLEX are likely to donate more.

In summary, Player B has a bigger market impact than Player A, that's why PLEX prices are going up.
Tomb Ovaert
9B30FF Labs
#511 - 2015-07-31 16:11:59 UTC  |  Edited by: Tomb Ovaert
Angelica Everstar wrote:
I still firmly believe that the days of 750m per PLEX are LONG gone...

Or "this is just the beginning..." Blink


In the eye of the beholder, I'd say, as I personally view high PLEX prices restrictive to player count growth in EVE O. Then again, it might not be too bad, considering that incomes went up by several times: from FW LP to Incursions and Wormhole PvE.
Angelica Everstar
#512 - 2015-07-31 17:58:53 UTC
I want to hereby confirm that I received 10 PLEX from Tomb Ovaert, on behalf of GankYou, to honor a stated bet regarding PLEX prices predictions.

§ Current Bond AE09 1 Trillion / Acc. 4,5t ISK

ƒ Want to become a better trader ?

¢ Pls help support EVEs charities!

@EveEntrepreneur

Pontryvel Crendraven
Federal Navy Academy
Gallente Federation
#513 - 2015-07-31 18:04:57 UTC
If you invest in PLEx 7 years ago and plan on selling now, you'd get a profitable 200% return on top of the original capital investment.

(That is 300% including the investment.)

The above figures are in relation to in-game currency since there is no direct correlation to sell the PLEx for other currency.
One possible conversion is to Aurum, however, Aurum also is an in-game currency.



The fact that one can purchase PLEx with other currencies only if from authorized CCP sources as per the rules does not mean the reverse is true.

You can plan that it will not be possible to sell PLEx for other currencies.



300% or 200% is better than transporting material effectives in ships risking to be destroyed even while protected by expensive escorts eating away potential billions of the cargo value per one way trips.

It is easily worth 400% to 500% more due to the potential risk + time and efforts consumptions costs.
Tomb Ovaert
9B30FF Labs
#514 - 2015-08-03 11:23:42 UTC
Going that far back - http://eve-markets.net/detail?typeid=29668#history

Price then was around three hundred million ISK, which is around 17% Year on Year growth against today's prices. There are instruments that produce this much per week.
Freelancer117
So you want to be a Hero
#515 - 2015-08-20 09:03:16 UTC  |  Edited by: Freelancer117
Let's compare Plex prices in isk for eve online, and Gem prices in gold for guild wars 2

http://www.gw2spidy.com/gem (select all)

http://i.imgur.com/ViLQ0TM.jpg

Rising game time prices must be due to the global mmo-rpg economy Cool

Regards, a Freelancer

PS: also new now is https://wowtoken.info (since april 2015)

Eve online is :

A) mining simulator B) glorified chatroom C) spreadsheets online

D) CCP Games Pay to Win at skill leveling, with instant gratification

http://eve-radio.com//images/photos/3419/223/34afa0d7998f0a9a86f737d6.jpg

http://bit.ly/1egr4mF

Market McSelling Alt
Doomheim
#516 - 2015-08-20 10:49:36 UTC
Freelancer117 wrote:
Let's compare Plex prices in isk for eve online, and Gem prices in gold for guild wars 2

http://www.gw2spidy.com/gem (select all)

http://i.imgur.com/ViLQ0TM.jpg

Rising game time prices must be due to the global mmo-rpg economy Cool

Regards, a Freelancer

PS: also new now is https://wowtoken.info (since april 2015)



No, but both of these games have something in common... Quickly diminishing active player numbers.

Still think rising prices are a good thing? It is a direct result of new players not selling plex to vets, because the new players aren't staying.

CCP Quant: Of all those who logon in Eve, 1.5% do Incursions, 13.8% PVP and 19.2% run Missions while 22.4% mine.

40.7% Join a fleet. The idea that Eve is a PVP game is false, the social fabric is in Missions and Mining.

Vince Nolen
Doomheim
#517 - 2015-08-21 13:40:33 UTC
RAW23 wrote:
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.


I like that its this high it gave me the push I needed to Use Real life cash to buy Plex to sale on the market
so far I invest over $200 dollars on them and Im very happy on my return.

I fund my accounts with RL money paying yrly for the discounts you get.
so plex never intrest me never saw the value of the dollar vs isk on plex. now its worth it

I'm hoping it hits and passes over the billion mark to make worth buying plex in the long run Big smile
Angelica Everstar
#518 - 2015-08-21 17:01:42 UTC
Vince Nolen wrote:
I'm hoping it hits and passes over the billion mark to make worth buying plex in the long run Big smile


Trust me it will :D

"This is still just the begin..."Cool

§ Current Bond AE09 1 Trillion / Acc. 4,5t ISK

ƒ Want to become a better trader ?

¢ Pls help support EVEs charities!

@EveEntrepreneur

Vince Nolen
Doomheim
#519 - 2015-08-22 05:10:55 UTC
Angelica Everstar wrote:
Vince Nolen wrote:
I'm hoping it hits and passes over the billion mark to make worth buying plex in the long run Big smile


Trust me it will :D

"This is still just the begin..."Cool



IT DID IT DID PASS A BIL IM SO HAPPY now if only ccp would give a discount on the plex lol
Nalelmir Ahashion
Industrial Management and Engineering
Mouth Trumpet Cavalry
#520 - 2015-08-22 16:20:10 UTC
1b per plex.

I personally do not purchase those since they had price tag of 700m+,
I find the fact of taking huge amounts of isk burnt on game time to suck the soul out of the gameplay.

If someone do not find the game enjoyable enough to pay the subscription he shouldn't play it, if someone does not have enough income to support playing eve with subscription he should really DON'T play eve or any other game and take care of his livelihood first.

I can see plex in current prices an investment if someone wish to train an alt on same account or something like that but to pay 1b+ of isk each month for a sub? hell no.