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Plex hits 1b ISK in Jita

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Kooshti
Pator Tech School
Minmatar Republic
#21 - 2015-08-07 10:57:30 UTC
Yossarian Toralen wrote:
It is a strange product in that it costs more real money to use a PLEX to pay for game time than it costs to sub it, so people are going to sub their accounts more and more as the price rises and lower the profit for CCP in the long run, I'm sure they got a nice cash injection in the short term.

Short term thinking for a game that has been running this long is a bit odd.


think its the opposite way around, people sub accounts instead of f2p so thats 9.99 extra for ccp instead of a carebear grinding for a month to buy a plex off the market, then people will buy plex for rl cash because of the amount of isk they will get. ccp will make more profit from this
Daniela Doran
Doomheim
#22 - 2015-08-07 11:20:04 UTC  |  Edited by: Daniela Doran
Kooshti wrote:
Yossarian Toralen wrote:
It is a strange product in that it costs more real money to use a PLEX to pay for game time than it costs to sub it, so people are going to sub their accounts more and more as the price rises and lower the profit for CCP in the long run, I'm sure they got a nice cash injection in the short term.

Short term thinking for a game that has been running this long is a bit odd.


think its the opposite way around, people sub accounts instead of f2p so thats 9.99 extra for ccp instead of a carebear grinding for a month to buy a plex off the market, then people will buy plex for rl cash because of the amount of isk they will get. ccp will make more profit from this



Wrong! People will stop plexing and either quit because too expensive or pay the 3 months/6months package from account management. Either way is bad because the rising plex prices is due to the rapid decline in subscribers and this is still summer. Makes you wonder what's gonna happen to eve when school starts.
Remiel Pollard
Aliastra
Gallente Federation
#23 - 2015-08-07 11:34:37 UTC
Daniela Doran wrote:
Kooshti wrote:
Yossarian Toralen wrote:
It is a strange product in that it costs more real money to use a PLEX to pay for game time than it costs to sub it, so people are going to sub their accounts more and more as the price rises and lower the profit for CCP in the long run, I'm sure they got a nice cash injection in the short term.

Short term thinking for a game that has been running this long is a bit odd.


think its the opposite way around, people sub accounts instead of f2p so thats 9.99 extra for ccp instead of a carebear grinding for a month to buy a plex off the market, then people will buy plex for rl cash because of the amount of isk they will get. ccp will make more profit from this



Wrong! People will stop plexing and either quit because too expensive or pay the 3 months/6months package from account management. Either way is bad because the rising plex prices is due to the rapid decline in subscribers and this is still summer. Makes you wonder what's gonna happen to eve when school starts.


Someone is still buying the PLEX I buy off CCP with my credit card. There are still PLEX buy orders all over the place. This doomsday scenario you're suggesting is highly unlikely.

“Some capsuleers claim that ECM is 'dishonorable' and 'unfair'. Jam those ones first, and kill them last.” - Jirai 'Fatal' Laitanen, Pithum Nullifier Training Manual c. YC104
Vortexo VonBrenner
Doomheim
#24 - 2015-08-07 11:54:14 UTC
circles...running...hair...fire...virtual ragnarok is here...game over, man, game. over. ...










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Webvan
All Kill No Skill
#25 - 2015-08-07 11:55:44 UTC
Remiel Pollard wrote:
Daniela Doran wrote:
Kooshti wrote:
Yossarian Toralen wrote:
It is a strange product in that it costs more real money to use a PLEX to pay for game time than it costs to sub it, so people are going to sub their accounts more and more as the price rises and lower the profit for CCP in the long run, I'm sure they got a nice cash injection in the short term.

Short term thinking for a game that has been running this long is a bit odd.


think its the opposite way around, people sub accounts instead of f2p so thats 9.99 extra for ccp instead of a carebear grinding for a month to buy a plex off the market, then people will buy plex for rl cash because of the amount of isk they will get. ccp will make more profit from this



Wrong! People will stop plexing and either quit because too expensive or pay the 3 months/6months package from account management. Either way is bad because the rising plex prices is due to the rapid decline in subscribers and this is still summer. Makes you wonder what's gonna happen to eve when school starts.


Someone is still buying the PLEX I buy off CCP with my credit card. There are still PLEX buy orders all over the place. This doomsday scenario you're suggesting is highly unlikely.

And also in that fanfest video I linked, at the time PLEX on Serenity was going for 3.5 Billion as mentioned in the video.
Ok, now let the whining commence Big smile

<--- powered by actual dollars and sense ...er cents.



I'm in it for the money

Ctrl+Alt+Shift+F12
Gallowmere Rorschach
The Scope
Gallente Federation
#26 - 2015-08-07 12:25:46 UTC
B0RG 0VERLORD wrote:
well i disagree,i think prices of plex will start to fall when supply and demand slopes,the amount of users buying will drop due to less people playing eve,numbers say we dropped 10000 members online in the last month(since fuzziesov),

so less people = less plex being bought

thanks

The inverse is also true.
Less people playing=less people buying PLEX with cash to sell on the market.
The true equilibrium is somewhere between these two points.
Ishtanchuk Fazmarai
#27 - 2015-08-07 12:50:43 UTC
I'm not gonna grind 1 billion to buy a PLEX. My target price was, and still is, 750 million.So when I don't feel like paying 15 euros to play another month, that will be it, time for another break. Cool

Roses are red / Violets are blue / I am an Alpha / And so it's you
Tippia
Sunshine and Lollipops
#28 - 2015-08-07 12:56:13 UTC
Wohoo! More cash for less. \o/

Daniela Doran wrote:
Wrong! People will stop plexing and either quit because too expensive or pay the 3 months/6months package from account management. Either way is bad because the rising plex prices is due to the rapid decline in subscribers and this is still summer. Makes you wonder what's gonna happen to eve when school starts.

Do you have any actual numbers on that decline? And have you taken into account the regular player activity behaviour during summer and early autumn?
Frostys Virpio
State War Academy
Caldari State
#29 - 2015-08-07 12:58:46 UTC
Gallowmere Rorschach wrote:
B0RG 0VERLORD wrote:
well i disagree,i think prices of plex will start to fall when supply and demand slopes,the amount of users buying will drop due to less people playing eve,numbers say we dropped 10000 members online in the last month(since fuzziesov),

so less people = less plex being bought

thanks

The inverse is also true.
Less people playing=less people buying PLEX with cash to sell on the market.
The true equilibrium is somewhere between these two points.


Why should there be equilibrium when it can just keep rising?

Big smile
Gallowmere Rorschach
The Scope
Gallente Federation
#30 - 2015-08-07 13:00:51 UTC
Frostys Virpio wrote:
Gallowmere Rorschach wrote:
B0RG 0VERLORD wrote:
well i disagree,i think prices of plex will start to fall when supply and demand slopes,the amount of users buying will drop due to less people playing eve,numbers say we dropped 10000 members online in the last month(since fuzziesov),

so less people = less plex being bought

thanks

The inverse is also true.
Less people playing=less people buying PLEX with cash to sell on the market.
The true equilibrium is somewhere between these two points.


Why should there be equilibrium when it can just keep rising?

Big smile

That just means we haven't found it yet.
Onward to 3.5B!
Tippia
Sunshine and Lollipops
#31 - 2015-08-07 13:04:19 UTC
Frostys Virpio wrote:
Why should there be equilibrium when it can just keep rising?

Big smile

Hey, these aren't tulips we're talking about.
Remiel Pollard
Aliastra
Gallente Federation
#32 - 2015-08-07 13:11:00 UTC
Tippia wrote:
Frostys Virpio wrote:
Why should there be equilibrium when it can just keep rising?

Big smile

Hey, these aren't tulips we're talking about.


I totally get that reference. **** I'm old.

“Some capsuleers claim that ECM is 'dishonorable' and 'unfair'. Jam those ones first, and kill them last.” - Jirai 'Fatal' Laitanen, Pithum Nullifier Training Manual c. YC104
Darek Castigatus
Immortalis Inc.
Shadow Cartel
#33 - 2015-08-07 13:12:16 UTC
Remiel Pollard wrote:
Tippia wrote:
Frostys Virpio wrote:
Why should there be equilibrium when it can just keep rising?

Big smile

Hey, these aren't tulips we're talking about.


I totally get that reference. **** I'm old.


Nah, just have good historical taste.

Pirates - The Invisible Fist of Darwin

you're welcome
Tippia
Sunshine and Lollipops
#34 - 2015-08-07 13:16:36 UTC  |  Edited by: Tippia
Darek Castigatus wrote:
Remiel Pollard wrote:
I totally get that reference. **** I'm old.

Nah, just have good historical taste.

I suppose I could have said boo.com stock, but now I realise that there are probably posters here that were born after that, so now I feel old.

And tulips should be common knowledge, dammit. Evil


e: vvv Also, webvan stock, I suppose, but that's cheating since they were resurrected. P
Webvan
All Kill No Skill
#35 - 2015-08-07 13:20:11 UTC
Tippia wrote:
Wohoo! More cash for less. \o/

Daniela Doran wrote:
Wrong! People will stop plexing and either quit because too expensive or pay the 3 months/6months package from account management. Either way is bad because the rising plex prices is due to the rapid decline in subscribers and this is still summer. Makes you wonder what's gonna happen to eve when school starts.

Do you have any actual numbers on that decline? And have you taken into account the regular player activity behaviour during summer and early autumn?

Also keep in mind the bulk of the playerbase is in their 30's here. Some 60% I think it was. 10-15% in their 40's. ~25% in their 20's. A large percentage of players according to CCP are into tech, computer related, IT jobs. Why does it matter when school starts? So wrong on so many things, Dan.

I'm in it for the money

Ctrl+Alt+Shift+F12
McChicken Combo HalfMayo
The Happy Meal
#36 - 2015-08-07 15:55:25 UTC
Tulips and boo.com

Not sure what era you folks are from but glad I wasn't part of it.

There are all our dominion

Gate camps: "Its like the lowsec watercooler, just with explosions and boose" - Ralph King-Griffin
Frostys Virpio
State War Academy
Caldari State
#37 - 2015-08-07 16:01:51 UTC
Tippia wrote:
Frostys Virpio wrote:
Why should there be equilibrium when it can just keep rising?

Big smile

Hey, these aren't tulips we're talking about.


If people do what was done back when the tulip market crashed when the PLEX market potentially crash, I won't be able to do anything but laugh.
Jenn aSide
Worthless Carebears
The Initiative.
#38 - 2015-08-07 16:22:05 UTC  |  Edited by: Jenn aSide
Adriana Nolen wrote:
I'm sure all of us are space rich but Shocked


Yea, one has to be super space rich to generate an average of 33.3 million isk per day in a game that has missions and anomalies that pay 33.3 million isk for 5-10 minutes of 'lol work' (if you are a scrub and don't want to do 6 minutes of faction warfare missions that is).
Tippia
Sunshine and Lollipops
#39 - 2015-08-07 16:46:59 UTC
McChicken Combo HalfMayo wrote:
Tulips and boo.com

Not sure what era you folks are from but glad I wasn't part of it.

Bad news: you are… Twisted
Starbuck05
Abiding Ormolus
#40 - 2015-08-07 16:51:46 UTC
Get used to it...gone are the days when plex was 400 mil

Just because i am blond does not make me stoopid !