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Plex hits 1b ISK in Jita

First post
Author
Caleb Seremshur
Commando Guri
Guristas Pirates
#281 - 2015-09-17 06:14:22 UTC
Scotchmo wrote:
Divine Entervention wrote:
Well, imo this game (and society but that's a different story) needs less lazy poor people.

So high PLEX prices = less undesireables so this is a great situation for the rest of us.


Who is going to give you those dank kill mails cause they were too **** to dock up when you entered local?
Lazy kids are the content for the PVPers.

Its funny no one sees this. If you ONLY have plex sellers and let the in game buyers rot, who are you going to catch in anoms?
Who will you catch in a WH farming for their plex?

Come on people.


This is perhaps the only legitimate counter argument I've seen on the topic in weeks if not months.
Diamond Zerg
Taking Solo Away.
#282 - 2015-09-17 06:48:43 UTC
Almost at 1.3b now rofl
Hi.
Aerasia
Republic University
Minmatar Republic
#283 - 2015-09-17 07:20:12 UTC
Diamond Zerg wrote:
Almost at 1.3b now rofl

Have you seen the change in gain over the last couple weeks though?

Something's changed in the market. Maybe PLEX has gone from "Grr expensive!" to "Flip it to win it" in the minds of buyers? Whatever it is, the recent spike looks exceedingly dangerous for anybody trying to hold value in their PLEX.
Caleb Seremshur
Commando Guri
Guristas Pirates
#284 - 2015-09-17 08:14:23 UTC
Aerasia wrote:
Diamond Zerg wrote:
Almost at 1.3b now rofl

Have you seen the change in gain over the last couple weeks though?

Something's changed in the market. Maybe PLEX has gone from "Grr expensive!" to "Flip it to win it" in the minds of buyers? Whatever it is, the recent spike looks exceedingly dangerous for anybody trying to hold value in their PLEX.


All we can concretely say is that the price will keep rising until the majority of people who PLEX their accounts to stay online stop buying. Say what you will about speculators but if there turns out to be no market to sell it on to then it runs the risk of crashing.

The comparison to gold prices is apt - PLEX -> aurum we observe as being private individuals buying gold jewelery, with the opposite side being PLEX hoarders who are like precious metals speculators more or less trying to strangle the market and manipulate its price. They're not just manipulating the PLEX price, they're manipulating the real or perceived value of every service that PLEX facilitates elsewhere.

But none of this is news, infact I find it credulous at best to expect that we've hit the ceiling on PLEXed accounts yet. No way. Not even close.
James Morgan
Pod Republic
#285 - 2015-09-17 09:19:03 UTC
It would be interesting if CCP released how many accounts are actively plexed (as in plex is applied to keep that account active).
Black Pedro
Mine.
#286 - 2015-09-17 09:44:55 UTC
Aerasia wrote:
Diamond Zerg wrote:
Almost at 1.3b now rofl

Have you seen the change in gain over the last couple weeks though?

Something's changed in the market. Maybe PLEX has gone from "Grr expensive!" to "Flip it to win it" in the minds of buyers? Whatever it is, the recent spike looks exceedingly dangerous for anybody trying to hold value in their PLEX.

It's all speculation on where PLEX will end up. Likely CCP will step in soon (I am surprised they haven't already) like they have said they would if the change in price gets too rapid and sell some of the seized PLEX dampening the spike. We are up what 30% in a few weeks? That is a pretty high delta.

But long term, PLEX prices are probably still undervalued. Too many players can make a few billion ISK in an afternoon. Too many players are also sitting on trillions of ISK and are looking for a place to park it. Of course some casuals will be squeezed out, but based on the time effort/required, there is still a big upside. There are many factors though, especially supply, which are hard to prognosticate which makes any calls on the long-term stable price of PLEX just wild guesses.
Horus V
The Destined
#287 - 2015-09-17 10:02:34 UTC
James Morgan wrote:
It would be interesting if CCP released how many accounts are actively plexed (as in plex is applied to keep that account active).


I would definitelly like to see that data. I dont think CCP would ever show it though.

V

Boom Laison
University of Caille
Gallente Federation
#288 - 2015-09-17 11:08:07 UTC
In a less, that one month there will be one account less. Cause my family hates this game and the moment they will see real money transfer onto CCP account I will get into serios troubles in real life. Spend whole month of my occasional play to make 1,5 b ISK is just stupid. I can play other PvP MMOG for free.
Sheldon d'Albion
#289 - 2015-09-17 11:23:11 UTC  |  Edited by: Sheldon d'Albion
There is no reason to complain about the plex prices .

At the current moment in Jita , there is so few SO ( less than 50 )
that nothing could really prevent the plex from rising to 2B before the end of the month .
CCP should have responded earlier , now if they act ,
they would need 50 times the amount of isk ( plex) they would have used a month earlier to calm this market .
As the french says " Le roi est nu", meaning CCP is powerless against it .
Boom Laison
University of Caille
Gallente Federation
#290 - 2015-09-17 11:35:14 UTC
Sheldon d'Albion wrote:

As the french says " Le roi est nu", meaning CCP is powerless againts it .


CCP will be even more powerless in a month or so, cause even more players, who participated in sandbox via plexing their single account will abandon the game. So less buyers to support any CCP attempt to fix the situation. Two years ago CCP got 60 euro from anyone, who wanted to replace killed Maradeur without grinding, now - only 20 EUR.
Brutus Utama
State War Academy
Caldari State
#291 - 2015-09-17 11:41:51 UTC
The plex price has effected me quite heavily had to drop 3 accounts and move out of nullsec due to the high cost of both the plex and living out there means i am barely able to keep 1 account running atm, i dont have the time like alot of people to grind the isk i get a couple of hours a night online so far this week i have made maybe 300m isk which is barely 1/5 of what i need to plex never mind actually having isk to play the game....

people mentioned about making billions in an afternoon but i have no idea how thats possible...

If the plex doesnt start to lower in price soon i will possibly have to drop this account also.... now people will say pay with real money but as others have said i can play other games for free...
Deck Cadelanne
CAStabouts
#292 - 2015-09-17 11:49:09 UTC  |  Edited by: Deck Cadelanne
Brutus Utama wrote:
The plex price has effected me quite heavily had to drop 3 accounts and move out of nullsec due to the high cost of both the plex and living out there means i am barely able to keep 1 account running atm, i dont have the time like alot of people to grind the isk i get a couple of hours a night online so far this week i have made maybe 300m isk which is barely 1/5 of what i need to plex never mind actually having isk to play the game....

people mentioned about making billions in an afternoon but i have no idea how thats possible...

If the plex doesnt start to lower in price soon i will possibly have to drop this account also.... now people will say pay with real money but as others have said i can play other games for free...


Nobody has ever played EVE for free.

You either invest a lot of your time to buy a PLEX (which somebody else bought with cash) or you pay cash.

It seems almost all PLEX price whiners fail to comprehend that simple bit of reality.

If PLEX price is rising beyond what you are willing to invest in game time, maybe you need to consider just paying a sub until it goes back down.

"When the going gets weird, the weird turn professional."

- Hunter S. Thompson

Brutus Utama
State War Academy
Caldari State
#293 - 2015-09-17 11:53:23 UTC
Deck Cadelanne wrote:
Brutus Utama wrote:
The plex price has effected me quite heavily had to drop 3 accounts and move out of nullsec due to the high cost of both the plex and living out there means i am barely able to keep 1 account running atm, i dont have the time like alot of people to grind the isk i get a couple of hours a night online so far this week i have made maybe 300m isk which is barely 1/5 of what i need to plex never mind actually having isk to play the game....

people mentioned about making billions in an afternoon but i have no idea how thats possible...

If the plex doesnt start to lower in price soon i will possibly have to drop this account also.... now people will say pay with real money but as others have said i can play other games for free...


Nobody has never played EVE for free.

You either invest a lot of your time to buy a PLEX (which somebody else bought with cash) or you pay cash.

It seems almost all PLEX price whiners fail to comprehend that simple bit of reality.

If PLEX price is rising beyond what you are willing to invest in game time, maybe you need to consider just paying a sub until it goes back down.


Obviously you cant read i stated that i have never payed for the game maybe other people have payed for the plex which i buy in game, now its becoming too difficult to make the isk for plex and the game isnt a game anymore if all you do is work to play the game... having nothing left over afterwards...

and about paying a sub why pay for a game when you can play free games?
erg cz
Federal Jegerouns
#294 - 2015-09-17 11:54:51 UTC
Deck Cadelanne wrote:

If PLEX price is rising beyond what you are willing to invest in game time, maybe you need to consider just paying a sub until it goes back down.


Boom Laison wrote:
my family hates this game and the moment they will see real money transfer onto CCP account I will get into serios troubles in real life. Spend whole month of my occasional play to make 1,5 b ISK is just stupid. I can play other PvP MMOG for free.


Seems, that paying a sub is not an option at least for some players...
Black Pedro
Mine.
#295 - 2015-09-17 11:57:56 UTC
Brutus Utama wrote:
and about paying a sub why pay for a game when you can play free games?
Because you like to play it?

Why drink whiskey when perfectly good water comes free from the tap?

Only you can decide what your leisure activities are worth to you. However, if you aren't enjoying yourself, why are you still playing Eve at all?
John Ratcliffe
Tradors'R'us
IChooseYou Alliance
#296 - 2015-09-17 12:01:30 UTC
I sub my 3 accounts with cash. If I need ISK I just drop more cash on PLEX, because I have won at 'Real Life'. The higher the PLEX price the better IMHO.

Plus ça change, plus c'est la même chose

Caleb Seremshur
Commando Guri
Guristas Pirates
#297 - 2015-09-17 12:01:49 UTC
Essentially the above. The time spent grinding for a plex could easily be spent at a real job earning several months worth of subs in a single week.

There is an assumption that because the option to PLEX via grinding isk eixsts that literally anyone and everyone should be able to do it - but that only shows immature perspectives of the market - I'm amazed that 2 years ago I used to buy plex to finance my hobby that I was selling for as little as 480m a piece.
Gillia Winddancer
Aliastra
Gallente Federation
#298 - 2015-09-17 12:18:32 UTC
Brutus Utama wrote:


and about paying a sub why pay for a game when you can play free games?


"and about paying your salary, why pay you when you can work for free?"

This is the line that I hope your (future) boss will tell you when you are employed.
Boom Laison
University of Caille
Gallente Federation
#299 - 2015-09-17 12:28:15 UTC
Gillia Winddancer wrote:


"and about paying your salary, why pay you when you can work for free?"

This is the line that I hope your (future) boss will tell you when you are employed.


-1 for this.

There is a huge difference between being abused by employee and playing a sandbox, where non-paying players create content for thiose, who pay. Instead of CCP creating thousands of randomly acting driffters they use humans, who are willing to create that conent for free. It is just there is much less such humans as long as PLEX getting unreachable for some reasonable amount of PvE activity. Less those PvE humans = less PvP targets for not-so-PvE humans.
Gillia Winddancer
Aliastra
Gallente Federation
#300 - 2015-09-17 12:34:08 UTC
Boom Laison wrote:
Gillia Winddancer wrote:


"and about paying your salary, why pay you when you can work for free?"

This is the line that I hope your (future) boss will tell you when you are employed.


-1 for this.

There is a huge difference between being abused by employee and playing a sandbox, where non-paying players create content for thiose, who pay. Instead of CCP creating thousands of randomly acting driffters they use humans, who are willing to create that conent for free. It is just there is much less such humans as long as PLEX getting unreachable for some reasonable amount of PvE activity. Less those PvE humans = less PvP targets for not-so-PvE humans.


Nothing is free. That is all.