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Why is the price for PLEX rising ?

Author
Adriana Nolen
Sama Guild
#21 - 2015-05-17 08:46:47 UTC
Jeremiah Saken wrote:
BrundleMeth wrote:
I don't know about most people. But if I had to work for less than 25 Euros an hour, I'd retire...

I don't even earn 4 euro/h and my salary is average in my country.


This thread has much potential.
BrundleMeth
State War Academy
Caldari State
#22 - 2015-05-17 09:53:56 UTC
Jeremiah Saken wrote:
BrundleMeth wrote:
I don't know about most people. But if I had to work for less than 25 Euros an hour, I'd retire...

I don't even earn 4 euro/h and my salary is average in my country.

Yikes...

Where is that?
Eve Solecist
Shitt Outta Luck - GANKING4GOOD
#23 - 2015-05-17 10:18:47 UTC
BrundleMeth wrote:
Jeremiah Saken wrote:
BrundleMeth wrote:
I don't know about most people. But if I had to work for less than 25 Euros an hour, I'd retire...

I don't even earn 4 euro/h and my salary is average in my country.

Yikes...

Where is that?

Tbh I too wondered about your 25 bucks per hour.

If you say you won't work for less ...
... I guess cost of living is high, where you live ?
  • All incoming connection attempts are being blocked. If you want to speak to me you will find me either in Hek local, you can create a contract or make a thread about it in General Discussions. I will call you back. -
Eve Solecist
Shitt Outta Luck - GANKING4GOOD
#24 - 2015-05-17 10:20:03 UTC
stoicfaux wrote:
Because socialism?

Greece ain't going to pay for itself, ya know.

/I'll_let_myself_out
Yay **** free markets.
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Logan Revelore
Symbiotic Systems
#25 - 2015-05-17 10:20:20 UTC
stoicfaux wrote:
Because socialism?

Greece ain't going to pay for itself, ya know.

/I'll_let_myself_out



An extra + from here.
Logan Revelore
Symbiotic Systems
#26 - 2015-05-17 10:21:49 UTC
..
Mithandra
B.O.P Supplication For Glorious
Dracarys.
#27 - 2015-05-17 11:07:44 UTC
why does the cost of bread keep going up?


Eve is the dark haired, totally hot emo gothchild of the gaming community

Eve Solecist
Shitt Outta Luck - GANKING4GOOD
#28 - 2015-05-17 11:15:52 UTC
Mithandra wrote:
why does the cost of bread keep going up?

Not sure that's comparable.....
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Jeremiah Saken
The Fall of Leviathan
#29 - 2015-05-17 11:28:49 UTC
BrundleMeth wrote:
Yikes...

Where is that?

Central Europe.
20 euro for plex? Greed is good?

"I am tormented with an everlasting itch for things remote. I love to sail forbidden seas..." - Herman Melville

Cyborg Girl86
Federal Navy Academy
Gallente Federation
#30 - 2015-05-17 12:05:47 UTC
I make $70k a year in Canada where I live. Its pretty decent Smile
Eve Solecist
Shitt Outta Luck - GANKING4GOOD
#31 - 2015-05-17 12:22:08 UTC
Cyborg Girl86 wrote:
I make $70k a year in Canada where I live. Its pretty decent Smile

Are you Cosmic Girl86 ??
  • All incoming connection attempts are being blocked. If you want to speak to me you will find me either in Hek local, you can create a contract or make a thread about it in General Discussions. I will call you back. -
Cyborg Girl86
Federal Navy Academy
Gallente Federation
#32 - 2015-05-17 12:41:03 UTC
Eve Solecist wrote:
Cyborg Girl86 wrote:
I make $70k a year in Canada where I live. Its pretty decent Smile

Are you Cosmic Girl86 ??


Haha yep its my alt.
Pohbis
Neo T.E.C.H.
#33 - 2015-05-17 13:09:23 UTC
The dollar price is the same, so no, CCP has not increased the price.

1. Dollar has gone up against the Euro. 2. You are paying someone in Euro. 3. That someone is paying CCP in dollars.

Simple global economy 123 answer; if you're buying something with dollars and the value of the dollar goes up, you have to adjust the price in your local currency to keep the same margin.
Shailagh
6Six6Six6Six
#34 - 2015-05-17 13:23:07 UTC
Greed is Good
Eve Solecist
Shitt Outta Luck - GANKING4GOOD
#35 - 2015-05-17 13:25:45 UTC
Pohbis wrote:
The dollar price is the same, so no, CCP has not increased the price.

1. Dollar has gone up against the Euro. 2. You are paying someone in Euro. 3. That someone is paying CCP in dollars.

Simple global economy 123 answer; if you're buying something with dollars and the value of the dollar goes up, you have to adjust the price in your local currency to keep the same margin.

It's a german site..... doubt they pay in dollars tbh .....
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Delt0r Garsk
Shits N Giggles
#36 - 2015-05-17 13:33:38 UTC
In other news.. Beer is now also more expensive than a year ago. Just the other day i went to see mad max (great movie btw) and the price had gone up *again* in the last year. Why someone was complaining that his rent is no longer 30 shillings a month. And where is the broken glass and snow that we all had to walk in with bare feet to school?

Yea prices go up. Exchange rates change. The world turns. Deal with it.

oh and i earn about 2.5 to 3 plex an hour with my current salary.

AKA the scientist.

Death and Glory!

Well fun is also good.

Zealous Miner
Doomheim
#37 - 2015-05-17 13:42:28 UTC
New SKIN system - People converting PLEX to Aurum to get SKINs.
Upcoming sov changes - People PLEXing their accounts, creating alts and people coming back into the game in preparation.
Summer - More free time for students on summer break to play EVE, needing PLEX to fuel/augment their playtime.
PLEX4GOOD - Currently in effect. A lot of people buying up PLEX to donate.

The real world economy has an effect on prices as well. When times get hard, PLEX prices rise.

Various reasons.

Fedo. Fedo? Fedo!

Tippia
Sunshine and Lollipops
#38 - 2015-05-17 14:01:32 UTC
Zealous Miner wrote:
New SKIN system - People converting PLEX to Aurum to get SKINs.
Upcoming sov changes - People PLEXing their accounts, creating alts and people coming back into the game in preparation.
Summer - More free time for students on summer break to play EVE, needing PLEX to fuel/augment their playtime.
PLEX4GOOD - Currently in effect. A lot of people buying up PLEX to donate.

The real world economy has an effect on prices as well. When times get hard, PLEX prices rise.

Various reasons.

None of those have any effect whatsoever on the retail price of PLEX.
The Bigpuns
United Standings Improvement Agency
#39 - 2015-05-17 14:05:13 UTC
Tippia wrote:
Zealous Miner wrote:
New SKIN system - People converting PLEX to Aurum to get SKINs.
Upcoming sov changes - People PLEXing their accounts, creating alts and people coming back into the game in preparation.
Summer - More free time for students on summer break to play EVE, needing PLEX to fuel/augment their playtime.
PLEX4GOOD - Currently in effect. A lot of people buying up PLEX to donate.

The real world economy has an effect on prices as well. When times get hard, PLEX prices rise.

Various reasons.

None of those have any effect whatsoever on the retail price of PLEX.



Srsly? Supply and demand? Greedy retailers? Any of that sound familiar?
Tippia
Sunshine and Lollipops
#40 - 2015-05-17 14:12:00 UTC  |  Edited by: Tippia
The Bigpuns wrote:
Srsly? Supply and demand? Greedy retailers? Any of that sound familiar?

Aside from maybe the SKIN system, none of those actually increase the demand buying PLEX, and even then, it would assume that people are buying in bulk to get skins for themselves rather than just buying AUR from CCP. Everything else happens in-game and is far too dampened out by the in-game economy to really have any useful effect on the retail prices. Also, even in such a case, it would actually make more sense for the retailers to reduce their prices by offering bulk sale packages to beat CCP's prices (cf. the deals that show up on Amazon every now and then).

A spot increase like the one the OP is talking about really only makes sense for the reason already listed: an exchange rate change (and at the prices quoted, the retailer buying in dollar somehow seems quite likely), a general wish to increase margins, or the retailer trying to retain margins when faced with new taxes and fees.

e: Come to think of it, if there were any actual effect from those factors, it would be to drive demand down for spending money on PLEX: as in-game demand increases, so do in-game prices, which means you now have to sell fewer PLEX to get the ISK you need, which in turn means you have to spend less money. But again, such fluctuations would only trigger the aforementioned bulk sales to drum up some interest, and not a gradual increase in price.
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