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Plex is in free fall - investors have lost faith to the bubble

Author
Grey Stormshadow
Sebiestor Tribe
Minmatar Republic
#1 - 2011-12-03 10:33:06 UTC
Who has missed the train and ended up having hangar full of overpriced game time?

Lowest sell orders are below 409 already and some key regions have their buy orders below 385m

Expected rock bottom 350 - 380 inside week or two.

Seems like the end customers finally realized that they were being used as a tool.

Get classic forum style - custom videos to captains quarters screen

Play with the best - die like the rest

Donald MacRury
LankTech
#2 - 2011-12-03 10:37:16 UTC
Looks like it soom might be time to buy some
Liam Mirren
#3 - 2011-12-03 10:42:49 UTC
It had to drop really as it was just a bubble based on absolutely nothing else than price gouging and speculation. I bet all the speculators will start to sell feverishly before they're late to the party and prices will have dropped even more.

Excellence is not a skill, it's an attitude.

Chainsaw Plankton
FaDoyToy
#4 - 2011-12-03 10:43:13 UTC
350 for a plex is rock bottom!? and I remember when I could get a 90d for 300m <_<

@ChainsawPlankto on twitter

Eins Zwei Drei
Doomheim
#5 - 2011-12-03 11:06:59 UTC
I sold too early, but I guess it's better than selling too late.
Halcyon Ingenium
Caldari Provisions
Caldari State
#6 - 2011-12-03 11:10:21 UTC
I now laugh at that one person that quit because of plex price. As if this doesn't happen regularly or something.

By the way, since we're already talking, do you want to buy a rifter? I've got the cheapest rifters in Metropolis. If you can find a cheaper rifter, buy it!

J3ssica Alba
Federal Navy Academy
Gallente Federation
#7 - 2011-12-03 11:12:29 UTC
I approve of plex prices falling.
This is my signature. There are many others like it, but this one is mine.  Without me, my signature is useless. Without my signature, I am useless
Solstice Project
Sebiestor Tribe
Minmatar Republic
#8 - 2011-12-03 11:13:19 UTC  |  Edited by: Solstice Project
wow, i'm so surprised.

Before the expansion, the price was high.
After the expansion, the price goes low.
A bit early, though.

Nice work, CCP. ^^
Akrasjel Lanate
Immemorial Coalescence Administration
Immemorial Coalescence
#9 - 2011-12-03 11:16:26 UTC
J3ssica Alba wrote:
I approve of plex prices falling.


Where is Jita... Shocked

I don't live in Jita so i can still earn few isk from it. Twisted

CEO of Lanate Industries

Citizen of Solitude

Lady Spank
Get Out Nasty Face
#10 - 2011-12-03 11:22:50 UTC
Fascinating.

(ಠ_ృ) ~ It Takes a Million Years to Become Diamonds So Lets Just Burn Like Coal Until the Sky's Black ~ (ಠ_ృ)

Grey Stormshadow
Sebiestor Tribe
Minmatar Republic
#11 - 2011-12-03 11:23:13 UTC
I believe that Jita still has one of the highest prices around, was about 420/405 before downtime but that too has been sinking like a rock.

Get classic forum style - custom videos to captains quarters screen

Play with the best - die like the rest

Destiny Corrupted
Deadly Viper Kitten Mitten Sewing Company
Senpai's Afterschool Anime and Gaming Club
#12 - 2011-12-03 11:45:30 UTC
This is about Hilmar, this is about Hilmar!

Forget the investors!

Hilmar needs to buy PLEXes from the market, that's how bad things are out there. Hilmar needs to focus on this. CCP told everyone to do incursions, and then raised the rewards seventeen times!? And Hilmar is being an academic! It is no time to be an academic; it is time to get on the red phone with the Russians...

Listen! Open the darn wormhole to Jove space!

He has no idea how bad it is out there, he has no idea! He has no idea! I have talked to the heads of almost every single one of these mining corporations in the last seventy-two hours, and he has no idea what it's like out there! None!

And Dr. Eyjolfur Gudmundsson...has no idea what it's like out there! My people have been in this game for eight and a half years, and they are losing their mining barges, and these carebear corporations are going to go out of business, and he's nuts! They're nuts! They know nothing!

I wrote some true EVE stories! And no, they're not of the generic "my 0.0 alliance had lots of 0.0 fleets and took a lot of 0.0 space" sort. Check them out here:

https://truestories.eveonline.com/users/2074-destiny-corrupted

Pak Narhoo
Splinter Foundation
#13 - 2011-12-03 11:52:39 UTC
Chainsaw Plankton wrote:
350 for a plex is rock bottom!? and I remember when I could get a 90d for 300m <_<


I remember that too. I was sooo close making my first 300 mil. then CCP kicked the 90 days out. X
Cozmik R5
Chez Stan
#14 - 2011-12-03 12:01:27 UTC
And a couple weeks ago everybody and his cat was whining, screaming and kicking about the fact that PLEX's were over 500m ISK.

EVE players: they are never satisfied!

Try not. Do. Or do not. There is no try.

Jaroslav Unwanted
Brutor Tribe
Minmatar Republic
#15 - 2011-12-03 13:25:21 UTC
Cozmik R5 wrote:
And a couple weeks ago everybody and his cat was whining, screaming and kicking about the fact that PLEX's were over 500m ISK.

EVE players: they are never satisfied!


human nature - cant be ever satisfied, unless you are brain dead.
Akita T
Caldari Navy Volunteer Task Force
#16 - 2011-12-03 13:28:44 UTC
Jaroslav Unwanted wrote:
human nature - cant be ever satisfied, unless you are brain dead.

Nah, a few electrodes in the right places will work just fine too. And not just satisfied, but ecstatic. Twisted
Halcyon Ingenium
Caldari Provisions
Caldari State
#17 - 2011-12-03 13:32:17 UTC
Akita T wrote:
Jaroslav Unwanted wrote:
human nature - cant be ever satisfied, unless you are brain dead.

Nah, a few electrodes in the right places will work just fine too. And not just satisfied, but ecstatic. Twisted


I never took you for a current addict Akita.

By the way, since we're already talking, do you want to buy a rifter? I've got the cheapest rifters in Metropolis. If you can find a cheaper rifter, buy it!

Elsa Nietchize
School of Applied Knowledge
Caldari State
#18 - 2011-12-03 13:42:57 UTC
Destiny Corrupted wrote:
http://www.youtube.com/watch?v=SWksEJQEYVU


I was entertained
Tanya Powers
Doomheim
#19 - 2011-12-03 13:49:18 UTC
Grey Stormshadow wrote:
Who has missed the train and ended up having hangar full of overpriced game time?

Lowest sell orders are below 409 already and some key regions have their buy orders below 385m

Expected rock bottom 350 - 380 inside week or two.

Seems like the end customers finally realized that they were being used as a tool.


They will prob hit the 250M or under with this plex offer and I think it's good.

Those "investors" that are nothing but speculators will loose isk, so what? -was their choice to buy and stock them, it's their loss and makes a lot of isk IG just go like poof.

It's good for the economy so it's good for the game.

Tanya Powers
Doomheim
#20 - 2011-12-03 13:53:29 UTC
Elsa Nietchize wrote:
Destiny Corrupted wrote:
http://www.youtube.com/watch?v=SWksEJQEYVU


I was entertained



Awesome Lol
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