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Can we get rid of CSM after the recent PLEX insider trading fiasco?

First post
Author
Girka Kring
Doomheim
#1 - 2017-03-16 20:28:22 UTC  |  Edited by: Girka Kring
Recently PLEX prices went up by 20%. Some ppl were buying it for quite a while. Now we know the reason behind that.

Today we learned that PLEX prices will rise even more, since ppl will buy PLEX to get AUR above 1000. Then, after the changes are implemented the price will drastically drop.

CSM knew about it. Their friends who got the info were buying PLEX for few weeks now, so now they can make dank ISK selling all those overpriced PLEX now or when the prices will be even higher.

Can we get rid of CSM? Their only role is to leak info for big entities/their friends. Casual players don't care and don't even vote for CSM. Players in big alliances are forced to vote for specific candidates. Overall CSM is giving advantage to 1% of player base, at the expense of reminding 99%.

If we can't get rid of CSM we should at least demand for the current CSM crew (who leaked that info) to be banned from being CSM ever again.


tl;dr CSM is corrupted and should be removed/punished.


Edit - adding links/graphs to the first post.

PLEX changes - "On launch day for this feature we will convert all existing Aurum balances above 1000 Aurum to the new PLEX."
PLEX market 60 days
PLEX market 15 days
Sir BloodArgon Aulmais
Fortis Fortuna Adiuvatt
#2 - 2017-03-16 20:30:34 UTC
Plex prices go up and down all the time.

Proof? Or are you just spewing garbage.
Drake Aihaken
CODE.d
#3 - 2017-03-16 20:33:17 UTC  |  Edited by: Drake Aihaken
Sir BloodArgon Aulmais wrote:
Plex prices go up and down all the time.
Proof? Or are you just spewing garbage.

So you're saying it just happens to be a huge coincidnce?
I don't even need my tinfoil on that tight to see that someone leaked and players reaped.

If my CSM term were up in 2 weeks, I wasn't planning on running again and maybe even quitting EVE...
Just saying - it's not much of a stretch.
mkint
#4 - 2017-03-16 20:39:37 UTC
Look at price history graphs. They have been almost completely flat for a good long while, maybe a 1% fluctuation up or down. There wasn't any public inciting incident to drive prices up, they should have stayed completely flat. Then a 20% gain in 3 days with nothing to provoke such a ridiculous jump, and suddenly after the fact there's a big related announcement. It is suspicious as hell. IA had better be doing some investigating, not just of CSM but of CCP employees. If this was Wall Street, somebody would be going to jail.

Maxim 6. If violence wasn’t your last resort, you failed to resort to enough of it.

Girka Kring
Doomheim
#5 - 2017-03-16 20:40:50 UTC
Sir BloodArgon Aulmais wrote:
Plex prices go up and down all the time.

Proof? Or are you just spewing garbage.


PLEX changes

PLEX market 60 days

PLEX market 15 days

You need to be really blind to not see what just happened.
Soel Reit
The Scope
Gallente Federation
#6 - 2017-03-16 20:42:19 UTC
mkint wrote:
Look at price history graphs. They have been almost completely flat for a good long while, maybe a 1% fluctuation up or down. There wasn't any public inciting incident to drive prices up, they should have stayed completely flat. Then a 20% gain in 3 days with nothing to provoke such a ridiculous jump, and suddenly after the fact there's a big related announcement. It is suspicious as hell. IA had better be doing some investigating, not just of CSM but of CCP employees. If this was Wall Street, somebody would be going to jail.


what did you expect man??????
like seriously???

it's CCP!!!!!!
t2 bpo same story!
people still get surprised LUL

it's 2k17! everything can be sold Cool
Drake Aihaken
CODE.d
#7 - 2017-03-16 20:42:32 UTC  |  Edited by: Drake Aihaken
PLEXGate. Just scrap the CSM already. So much for CSM XI being an improvement over CSM X...
Soel Reit
The Scope
Gallente Federation
#8 - 2017-03-16 20:44:29 UTC
build a wall and throw CSM to the other side!!!!!!!!!!!! Twisted
Drake Aihaken
CODE.d
#9 - 2017-03-16 20:47:58 UTC
Soel Reit wrote:
build a wall and throw CSM to the other side!!!!!!!!!!!! Twisted

And make null-sec pay for it. If they refuse, tax their high-sec exports.
Scialt
Universal Sanitation Corporation
#10 - 2017-03-16 20:51:17 UTC  |  Edited by: Scialt
Girka Kring wrote:
Sir BloodArgon Aulmais wrote:
Plex prices go up and down all the time.

Proof? Or are you just spewing garbage.


PLEX changes

PLEX market 60 days

PLEX market 15 days

You need to be really blind to not see what just happened.



PLEX price in the Forge:

Mar 1, 2016 - 1.2 billion
May 1, 2016 - 0.9 billion
July 1, 2016 - 0.9 billion
Sept 1, 2016 - 1.0 billion
Nov 1, 2016 - 1.2 billion
Jan 1, 2017 - 1.0 billion
Today - 1.2 billion

So.... the problem is what?

edit to add link to the data I used:

https://www.fuzzwork.co.uk/market/link/10000002/29668

To be honest, it's odd how flat the market has been since the beginning of December.
grin man
Deep Core Mining Inc.
Caldari State
#11 - 2017-03-16 20:54:11 UTC
Or keep them but don't give them any info about future changes?
Kalemi
Mercenaries X
#12 - 2017-03-16 20:58:18 UTC
If there's any foul play there should be a pretty easy to follow paper trail.
Cade Windstalker
#13 - 2017-03-16 21:09:38 UTC
Couple of qualitative problems with this theory.

First, the flatline on PLEX prices goes back to well before the summit which is likely where the CSM would have heard about anything like this, so it's questionable if the flatline on PLEX could be easily related to this.

Second, this change is likely to introduce a lot of new PLEX onto the market in the form of spare AUR. Like, I've personally got about a PLEX's worth of AUR that I've never spent before that I got entirely for free, and a lot of others will have something similar. This influx of new PLEX will likely drop the price, not raise it, so it doesn't make sense for the price to be going up like this in response to a leak, if anything people would be selling their PLEX in anticipation of a drop in value.

Third, and running somewhat contrary to the last point. This change is months out so even with advanced info any kind of action is going to be hugely risky.

And lastly three days ago was patch day, and PLEX prices always go nutty after a patch, especially one as economically 'interesting' as this last one that saw changes to both Rorqual Mining and Carrier Ratting. That's a far more likely cause for anything like this than "OMG CSM leaks!!!"

If you're right I hope CCP bans those involved, but I don't think you're right.

sits back to watch the entertainmentPirate
roberts dragon
The Scope
Gallente Federation
#14 - 2017-03-16 21:12:17 UTC
oh dear looks like theres a bit of nudge nudge wink wink , i get the popcorn out
mkint
#15 - 2017-03-16 21:19:49 UTC
Kalemi wrote:
If there's any foul play there should be a pretty easy to follow paper trail.

The questions are 1) If CCP would actually admit to it, 2) what kind of punishment should be passed out.

1) CCP has reason to keep it under wraps, as discrediting the CSM would be bad publicity. As far as I can tell, it sounds like most of the devs don't particularly like the CSM anyway and every CSM basically has to start over every year. This might just neuter the CSM, especially since all the influence they might have is pretty unofficial anyway.

2) a 20% price jump in this kind of price-vs-volume item wouldn't be easy for just 1 person to manipulate. They would have to involve an alliance financing it. So who gets punished? If the CSM member didn't care anyway and was just trolling before quitting the game, there isn't really any way to punish them. So, how far down the hill does the sh*t roll?

On the other hand, if it was a CCPer, would we even hear about it? They might be able to hide their involvement better, and there might be even MORE incentive to keep it under wraps. Unless there's some public confession by the perpetrator (assuming it was an employee), we'll probably never even hear about it.

The big thing that concerns me about this conspiracy is the trade volume. Even though the price jump was big, the volume stayed pretty normal, though I'm not good enough with these kinds of graphs to know if that would still be within the expected behavior in the case of a leak.

Maxim 6. If violence wasn’t your last resort, you failed to resort to enough of it.

Mr Epeen
It's All About Me
#16 - 2017-03-16 21:31:39 UTC
Cade Windstalker wrote:

Second, this change is likely to introduce a lot of new PLEX onto the market in the form of spare AUR. Like, I've personally got about a PLEX's worth of AUR that I've never spent before that I got entirely for free, and a lot of others will have something similar.
Hardly any new PLEX being introduced compared to the many billions of AUR that will simply be erased from the game.

Keep in mind that you need 1000+ Aur to be considered for the conversion. Then remember that there are probably 500,000 characters in the game with leftover AUR that amounts to less than 1000 per character.

That's straight up theft by CCP to my mind and needs to have some careful discussion before this goes live. You buy AUR with cash and then find it gone one day?

Not good for business, CCP. Not good at all.

Mr Epeen Cool
Drake Aihaken
CODE.d
#17 - 2017-03-16 21:33:11 UTC
roberts dragon wrote:
oh dear looks like theres a bit of nudge nudge wink wink , i get the popcorn out

The CSM leaked... and players freaked.
Frostys Virpio
KarmaFleet
Goonswarm Federation
#18 - 2017-03-16 21:37:24 UTC
A raise of 20% around the same time 2 things got nerfed and people announced army of alts would replace it is surprising?

You know, the "I will run a fleet of barge instead of mine in that POS rorq" and "Carrier rattign si dead, I'll run a fleet of afktar instead" people. Is it possible they might actaully ahve followed through with those ideas and bought PLEX to, you know, PLEX those accounts?
Drake Aihaken
CODE.d
#19 - 2017-03-16 21:38:08 UTC  |  Edited by: Drake Aihaken
Mr Epeen wrote:
Not good for business, CCP. Not good at all.

Nope. Grand Theft CCP™.

Frostys Virpio wrote:
A raise of 20% around the same time 2 things got nerfed and people announced army of alts would replace it is surprising?

Coincidentally surprising, yes. The conspiracy theorist in me won't be appeased that easily, though.
Frostys Virpio
KarmaFleet
Goonswarm Federation
#20 - 2017-03-16 21:38:27 UTC
Mr Epeen wrote:
Cade Windstalker wrote:

Second, this change is likely to introduce a lot of new PLEX onto the market in the form of spare AUR. Like, I've personally got about a PLEX's worth of AUR that I've never spent before that I got entirely for free, and a lot of others will have something similar.
Hardly any new PLEX being introduced compared to the many billions of AUR that will simply be erased from the game.

Keep in mind that you need 1000+ Aur to be considered for the conversion. Then remember that there are probably 500,000 characters in the game with leftover AUR that amounts to less than 1000 per character.

That's straight up theft by CCP to my mind and needs to have some careful discussion before this goes live. You buy AUR with cash and then find it gone one day?

Not good for business, CCP. Not good at all.

Mr Epeen Cool


Will people actually quit over this? If not, then it's essentially a non-issue.
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