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Market Discussions

 
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Plex Prices

First post
Author
Elizabeth Norn
Nornir Research
Nornir Empire
#601 - 2015-09-12 00:51:43 UTC
Vibiana wrote:
Careby wrote:
Vibiana wrote:
Btw, you just made poor sobs farm 20% extra time, insted of PVPing Ugh


The poor sobs farming on real farms can now farm 20% less and PVP more.



leaving CCP without 20% extra farm producs


You can't be sure of that.
Ria Nieyli
Nieyli Enterprises
SL33PERS
#602 - 2015-09-12 00:56:04 UTC
Elizabeth Norn wrote:
Vibiana wrote:
Careby wrote:
Vibiana wrote:
Btw, you just made poor sobs farm 20% extra time, insted of PVPing Ugh


The poor sobs farming on real farms can now farm 20% less and PVP more.



leaving CCP without 20% extra farm producs


You can't be sure of that.


There have been people that couldn't afford PLEX and were falling off the bottom back when I was starting and it cost 600m, I doubt the price hike is hurting.
Buzz Orti
State War Academy
Caldari State
#603 - 2015-09-13 05:01:44 UTC
1,126,116,985.00 ISK
Broker's fee (0.0%) 0.00 ISK
Sales tax (0.75%) 8,445,877.39 ISK
1,117,671,107.61 ISK

Builds ship in empty Quafe bottle.

Lieu Thiesant
University of Caille
Gallente Federation
#604 - 2015-09-13 05:06:20 UTC
The price went up to 1.17b ISK in Jita,
folllowing a raise to 1.16b (also in Jita).

(Of course I was unable to get the 500m ISK difference profit,
no matter how unfair.)

Now the price dropped again,
except for some low volume about 10-20 jumps away.

Sizeof Void
Ninja Suicide Squadron
#605 - 2015-09-14 00:15:24 UTC
Looks like someone, probably CCP, has been dumping a bunch of PLEX on the market, across most regions, for the past couple of days. Perhaps an attempt to stabilize prices and slow/stop the recent steep upward climb?

BTW, if it was not CCP, then someone was using a script/bot, because, in at least one region, the sell orders, all at identical prices, were placed seconds apart.
CaptainMorgan49
Perkone
Caldari State
#606 - 2015-09-14 00:28:48 UTC
Sizeof Void wrote:
Looks like someone, probably CCP, has been dumping a bunch of PLEX on the market, across most regions, for the past couple of days. Perhaps an attempt to stabilize prices and slow/stop the recent steep upward climb?

BTW, if it was not CCP, then someone was using a script/bot, because, in at least one region, the sell orders, all at identical prices, were placed seconds apart.


Take the tinfoil hat off! P

If CCP put plexes on the market, they would be directly lowering the profit margin of CCP games because nobody had to pay RL money for those plexes. I feel confident in saying that that is something that CCP will never(TM) do.
Sizeof Void
Ninja Suicide Squadron
#607 - 2015-09-14 00:52:50 UTC
CaptainMorgan49 wrote:
If CCP put plexes on the market, they would be directly lowering the profit margin of CCP games because nobody had to pay RL money for those plexes. I feel confident in saying that that is something that CCP will never(TM) do.

From what I was told by some folks at Fanfest, this is not how it works.

CCP has a large number of PLEX, which were confiscated from players, who violated the EULA. They also collect PLEX from activities like the Alliance Tournament. These PLEX have already been paid for, in terms of RL money.

For accounting purposes, CCP apparently does not recognize revenue from PLEX sales, until the PLEX has been consumed in the game - exchanged for game time, used for MCT, or whatever. So, making more PLEX avaialble, at a lower price, particularly that which will be immediately converted to game time, by players who pay for their subs via in-game PLEX, actuallly will improve CCP's income statement, not hurt it.
Market McSelling Alt
Doomheim
#608 - 2015-09-14 01:22:46 UTC
Sizeof Void wrote:
CaptainMorgan49 wrote:
If CCP put plexes on the market, they would be directly lowering the profit margin of CCP games because nobody had to pay RL money for those plexes. I feel confident in saying that that is something that CCP will never(TM) do.

From what I was told by some folks at Fanfest, this is not how it works.

CCP has a large number of PLEX, which were confiscated from players, who violated the EULA. They also collect PLEX from activities like the Alliance Tournament. These PLEX have already been paid for, in terms of RL money.

For accounting purposes, CCP apparently does not recognize revenue from PLEX sales, until the PLEX has been consumed in the game - exchanged for game time, used for MCT, or whatever. So, making more PLEX avaialble, at a lower price, particularly that which will be immediately converted to game time, by players who pay for their subs via in-game PLEX, actuallly will improve CCP's income statement, not hurt it.



Correct, CCP actually carries Plex that are sitting in this game as a liability on their books until they are redeemed, then it goes from unearned income to revenue.

So it is in their best interest to get those confiscated Plex used up, for many reasons.

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.

Tempus Halley
Caldari Provisions
Caldari State
#609 - 2015-09-14 02:51:38 UTC
CCP could destroy confiscated Plex and realize the revenue that way. I hear aaything given to a GM is auto-deleted..
Sabriz Adoudel
Move along there is nothing here
#610 - 2015-09-14 03:01:24 UTC
Sizeof Void wrote:
Looks like someone, probably CCP, has been dumping a bunch of PLEX on the market, across most regions, for the past couple of days. Perhaps an attempt to stabilize prices and slow/stop the recent steep upward climb?

BTW, if it was not CCP, then someone was using a script/bot, because, in at least one region, the sell orders, all at identical prices, were placed seconds apart.



I often sell multiple stacks of an item at once, and use copy-paste on the prices so I can sell 10 stacks of an item fast enough to look like a bot.

Have a look at https://eve-central.com/home/quicklook.html?typeid=34201 and specifically all the ones priced at 850000.00 - those are all me, all placed seconds apart from each other from the Assets-Search window.

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

Buzz Orti
State War Academy
Caldari State
#611 - 2015-09-14 04:23:44 UTC
Back to 1.149b ISK in Jita, and nowhere else is higher, < 5 minutes ago from EVE-marketdata.com
From 1.12b ISK still another loss.

Give me those complex confiscation, I need to make up for 4 PLEx + 2.
Maybe a new sale for PLEx?

Builds ship in empty Quafe bottle.

erg cz
Federal Jegerouns
#612 - 2015-09-14 08:09:39 UTC
Would be funny, if someone, who stockpilled about 10 000 PLEXes in Jita, will decide to put them on the market at, let say, 500 milions ISK. Hardcore market PvP, anyone?
Daidary Oriki
Caldari Provisions
Caldari State
#613 - 2015-09-14 18:12:52 UTC  |  Edited by: Daidary Oriki
well, if you complain it wont get better.

just reduce the amount of training/active toons you have(if you plex with isk). the worst thing you can do is to buy them with real money now, since thats what CCP wants and they keep releasing more stuff that pushes up the plex price(skins etc.)

show them that rising plex prices are not always good. on the short run it gives CCP more money, but the long run: less players -> less people starting to play eve

if a player stops playing eve because of insane plex prices, his friend might stop as well.

im currently training 11 toons.. gonna drop down to 5(not because i cant afford it.. its because it isnt worth with the current prices for me)

so if you dont want them to keep going up, stop training like 12 toons, reduce it to the minimum - if you're not poor, then go on and everything is fine :)
Alexi Stokov
State War Academy
Caldari State
#614 - 2015-09-14 19:00:36 UTC
Daidary Oriki wrote:
well, if you complain it wont get better.

just reduce the amount of training/active toons you have(if you plex with isk). the worst thing you can do is to buy them with real money now, since thats what CCP wants and they keep releasing more stuff that pushes up the plex price(skins etc.)

show them that rising plex prices are not always good. on the short run it gives CCP more money, but the long run: less players -> less people starting to play eve

if a player stops playing eve because of insane plex prices, his friend might stop as well.

im currently training 11 toons.. gonna drop down to 5(not because i cant afford it.. its because it isnt worth with the current prices for me)

so if you dont want them to keep going up, stop training like 12 toons, reduce it to the minimum - if you're not poor, then go on and everything is fine :)


What do you use your 11 accounts for?
N00B-SAIB0T
MK Financial
#615 - 2015-09-14 19:29:37 UTC
I'm not sure if this is note worthy but I just noticed that a lot of the sell orders were picked up, leaving only 5 active sell orders on the market for about 20 minutes. Looks like someone bought up a lot of sell orders? The price hiked up from 1.17 billion (last night) to 1.22 billion as soon as this happened.
Sizeof Void
Ninja Suicide Squadron
#616 - 2015-09-15 00:48:46 UTC
N00B-SAIB0T wrote:
I'm not sure if this is note worthy but I just noticed that a lot of the sell orders were picked up, leaving only 5 active sell orders on the market for about 20 minutes. Looks like someone bought up a lot of sell orders? The price hiked up from 1.17 billion (last night) to 1.22 billion as soon as this happened.

Yes, I noticed this, as well, in the 3 high-sec regions in which I regularly zip around. Someone(s) with trillions of idle ISK in wallet are working to keep pushing the prices up.

And, it looks like CCP tried to slow this down recently - first with a PLEX sale, then dumping PLEX on market across multiple (all?) regions. It doesn't look like it worked, though - the prices pushed right through the momentary drops/plateaus, as soon as the sale/dumping stopped. I think CCP underestimates how much idle ISK is in the hands of a small number of aggressive market players.

As for why CCP might intervene? I suspect that high PLEX prices affects low-income players who cannot afford to pay for their subs with RL cash, eventually forcing them from the game when they can no longer grind enough ISK to buy in-game PLEX - and I don't think CCP sees this as a good thing.

But, that's just my theory....
u3pog
Ministerstvo na otbranata
Ore No More
#617 - 2015-09-15 09:24:20 UTC
I made an experiment yesterday - grind missions for few hours, I made about 300 million. In one day. If someone wants to play this game, but can't afford it with real money, then they should put some effort in it. PLEX has been near a billion for quite some time, I don't think ±200 mil are that much of an issue. Even if you don't grind few hours per day, 1 week should be absolutely enough to earn that PLEX, so you can do whatever you do till the end of the month.

Also, as Bad Bobby said earlier, each character can have up to 305 market orders, 11 manufacture and science jobs, 21 contracts, 21 R&D agents and so on, and you have 3 characters per account, so if you can't make enough ISK to buy a PLEX, then you are doing it wrong.

People keep creating new threads, omg PLEX is 1 bil, then new one PLEX reached 1.2!! I guess they gonna keep doing it with every 100 mil it goes up, but by now everyone should know that it's price won't stop rising, so...

...PLEX is so cheap right now, compared to what will it be in 1-2 years, buy buy buy. Big smile
Linistitul
Gea'Vii Enterprises
#618 - 2015-09-15 09:36:22 UTC
Supply and demand. Entities with trillions of ISK can easily manipulate the demand. Looking at how some of those entities got screwed with the new sov, it's not hard to assume that they are pissed at CCP and try to screw them any way they can.
Rumbaldi
Phoenix Connection
Lack of Judgement.
#619 - 2015-09-15 16:57:32 UTC
u3pog wrote:
I made an experiment yesterday - grind missions for few hours, I made about 300 million. In one day. If someone wants to play this game, but can't afford it with real money, then they should put some effort in it. PLEX has been near a billion for quite some time, I don't think ±200 mil are that much of an issue. Even if you don't grind few hours per day, 1 week should be absolutely enough to earn that PLEX, so you can do whatever you do till the end of the month.

Also, as Bad Bobby said earlier, each character can have up to 305 market orders, 11 manufacture and science jobs, 21 contracts, 21 R&D agents and so on, and you have 3 characters per account, so if you can't make enough ISK to buy a PLEX, then you are doing it wrong.

People keep creating new threads, omg PLEX is 1 bil, then new one PLEX reached 1.2!! I guess they gonna keep doing it with every 100 mil it goes up, but by now everyone should know that it's price won't stop rising, so...

...PLEX is so cheap right now, compared to what will it be in 1-2 years, buy buy buy. Big smile


But doesnt that mean that those players will just be playing the game to firstly train up to get those 305 order slots and the R&D agents etc, then just literally playing to get the next plex which is not ideal. I've seen bad Bobby on the forums and I dont think he is wanting for a few isk so its easy for him to just say, go use the market orders or the R&D agents etc.

but not everyone wants to play the game that way, so regardless of what you or he (or others say) if people plex their account and suddenly the price of plex is restrictive for them they will unsub accounts and/or leave altogether. Whilst some PVE acitivity is necessary, if you are a mainly pvp player, why would you want to grind PVE stuff for 50% of your month? especially those with limited time and perhaps not the game knowledge of how to make good money like the vets have
Sizeof Void
Ninja Suicide Squadron
#620 - 2015-09-15 19:28:26 UTC
u3pog wrote:
I made an experiment yesterday - grind missions for few hours, I made about 300 million. In one day. If someone wants to play this game, but can't afford it with real money, then they should put some effort in it. PLEX has been near a billion for quite some time, I don't think ±200 mil are that much of an issue. Even if you don't grind few hours per day, 1 week should be absolutely enough to earn that PLEX, so you can do whatever you do till the end of the month.

Also, as Bad Bobby said earlier, each character can have up to 305 market orders, 11 manufacture and science jobs, 21 contracts, 21 R&D agents and so on, and you have 3 characters per account, so if you can't make enough ISK to buy a PLEX, then you are doing it wrong.

Many, if not most, adults simply do not have that much time available to play a game. RL activities - such as work, family, church, social obligations, taking care of a house, et cetera - take higher precedence. And, it is particularly difficult for lower income players, who may even need to work a second job - they are also the ones with the least amount of free time available to play a game.

So, maybe you get a couple of hours per week, to spend playing games, such as EVE Online - if so, you want to spend those hours enjoying yourself, and not doing stuff in-game which is not particularly fun for you. And, for PVP players, grinding ISK - via mission running, market trading, mining, or other PVE activity - has never been fun.