Jester’s Trek: Week in the Life – Staging
Just a quickie, and yes I know I’ve mentioned this topic already, but this is really remarkable.
After going up 20 million ISK yesterday, the price of PLEXes has gone up 35 more million… in the last 12 hours. Put another way, PLEX prices are up 30% in 30 days. Here’s the last 10 days.
Put into perspective, that’s about equal to the growth curve of an old-style rocket’s acceleration right after it stages. If the curve keeps up, PLEXes will cost 825 million on November 1, and will pass a billion ISK each before the New Eden Open Tournament kicks off. That’s six weeks away…
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i know a good portion of people who are deciding to stop playing once their subscriptions are up because they can't play through plex. I personally have resorted to paying a 1 year subscription because of the price of plex.
While CCP is probably watching this closely, i wouldn't be surprised to see the playerbase that use plex as their subscriptions to drop. Which worries me if CCP is actually going to do anything about the rise in the price of plex…
What can CCP do about it?
One of the game feature's is a player driven market and economy. CCP couldn't regulate the price of items this would be a contradiction of the feature….
At fanfest CCP said they ahd 10000 PLEX on banned accounts they could slowly release into the market.
Not saying they should, but they could.
CSM will probably get the first crack at knowing about these 10k PLEXs before they hit the market… then they'll release the PLEX info to the rest of the PUBLIC?
CCP does regulate the Plex market carefully. They have said it many times.
CCP fucks with the plex market constantly and introduces game breaking, market, features all the time. Look at all the stupid shit connected to PLEX, why the fuck is anything attached to plex except game time?
less, plex = more people paying $$ for their accounts.
I was actually wondering if CCP is simple removing the plex of the market themselfs.
PLEX don't appear from thin air. As it costs more to buy a PLEX with real money than it does to pay for a month's sub, CCP are making a higher margin on PLEX than subs
Plus, think of all those unsold PLEX on the market. They are money in the bank to CCP for something that has almost no more value to them anymore. It's like a gift card when you buy one from the store. You are giving them $50 for nothing at all. That's $50 in the bank to them RIGHT NOW, whether this person spends it or not. Lets assume there is some magic number of gift cards that get lost, don't get fully spent, etc. Free moneyz! People who buy gift cards are almost gambling, while the store already has your cash.
PLEX are similar. $$$ NOW for service in the FUTURE. And guess what? There will never be a day when there are 0 PLEX on market, and therefore, free cash in CCPs wallet. Don't take it wrong, I think its a novel idea and one that benefits a company that we all seem to be involved with. The only thing I hate about PLEX is when stupid corpies whine and moan about needing to make cash to PLEX their accounts to keep playing. STFU and get in fleet.
50 plex are destroyed in a noobship in jita, for example
I doubt that CCP would interfer, since it isn't direct EULA breach, rather the market reacting to smomething else.
To qoute CCP Soundwave from the other article today:
" everyone’s going to be like really mad and send petitions and then I’m just going to sit there and be really happy.”" – CCP Soundwave
CCP does interfere just you you know, its called "PLEX SALE, BUY BUY BUY!!!"
lol thedeeperthey discount the PLEX the more CCP issubsidisng the $10,000 Tourney :p
don't be surprised when all the prices inflate because of the plex.
like you sad it, "what will people that sub with plexes will do? "
Expect the Machariel to be 2 bill soon i guess
im no economist or anything so I may sound stupid but do you think it is supply and demand, or people buying up plex's for the new eden open? Or what?
Or people simply stopped buying PLEX because how easily you can print isk with FW…
ah that didnt even cross my mind.. all makes sense now
correct, if droepd 2 of my manufac alts as i dont need them anymore, i have enough isk to buy ships for the next 2years. any change to FW in the make is to late as most people have to much already.
It somewhat evens the playing field between the factions that can be easily speed-tanked and those that can't. It will potentially shift people away from farming for a faction that is "easier" to farming for the faction that they genuinely want to fight for. Otherwise, FW fixes aren't going to affect the balance of power between the factions much.
Yes, CCP reacts to extremely broken mechanics many months or years late.
Wait a minute. I'm a noob and not really into all the FW farming stuff, so I may be wrong, but Isn't FW printig LP, not ISK? All the ISK you get for selling sfutt you get for LP has to come from somwhere else. Isn't FW actually an ISK sink since for some LP-shop stuff stuff you also have to pay ISK?
It works like this: you farm up a lot of LP, wait for your faction to hit tier 5, then take your LP and seed isk to buy items that you think will net you a good return. You then sell those items on the market for hopefully a lot of money.
The "isk printing" isn't really isk printing. You are taking money from someone else in return for an item that you paid LP and isk for. What's being printed is LP, and that's being exchanged in return for services rendered to the government your militia is bound to.
It is, however, a very lucrative endeavor right now, because of the ease with which people can make LP in certain markets.
But this means it's only a method of ISK redistribution. That just happens to be too efficient. Generally speaking, it does not really mean FW players make too much ISK. Since what they make is LP. Which means LP is worth too much isk. Which, in turn, means that someone somewhere makes actual ISK even faster and/or has too much spare cash. Or that there are too few FW players to make LP prices sensible. Any fix to FW system does not get rid of the fact that there's apparently a mountain of ISK floating somewhere in deep space, and the only thing stopping it from being spent is that there's nothing to spend that much money at. Apparently faction items from LP shops are things woth spending ISK on. And I somehow feel that fixing FW will just drive up the price of LP, so people would just have to make less clicks in the shop interface to get the same amount of ISK. The only way it could affect PLEX prices is by potentially driving down the number of FW alts farming for PLEXes (thus reducing demand) if people consider that proper FWing is too much of a hassle.
You are able to get items for really cheap, and sell them at regular prices, allowing you to get lots of money. i got 8 billion in items for almost no effort. I felt bad honestly, but how can you sit there and not do it when everyone else it?
It would have been OK if you had only the 75% LP reduction but when you MULTIPLE the 75% ISK reduction the per item SINK ISK is near nothing & the porfits explode. Really Dr E should have known better about this one the way he talked about thelack of ISK sinks last fanfest.
People try to make up some ruse about a ISK: LP ratio but it fall apart closer you get to 99%. The future ISK sinks function of the LP store is being shot to hell. We probably now have 3+ years worth of attribut implants out thereo.0
if ppl stopped buying plexes plex prices would skyrocket even faster. it would cause a manufactured inflation and finally "bottom" out @ some point where that point is just depends. Selling plexes will curve this up word trend. Equilibrium will be achieved prolly shortly and with an over stock. Sellers market now buyers market prolly after the next 3 weeks.
you really should stop talking..
FW is the cause of this. Good job ccp!
Just like every new feature in eve and every FOTM ship everybody want's in on the action and over uses it.
Then people cry about how much its fucked things up or whatever and then CCP has to nerf it, see a pattern here?
It's not CCP that is the problem.
So the problem is the player reaction to something CCP didn't think through? I think the problem is still CCP
It is CCP thatis theproblem. They need arefresher course in Monty Haul campaigns
So how many plex did you buy before publishing this article? It's only going to drive prices higher and incite even more people to speculate on them. Wonder who the big losers will be when it crashes.
My FW alt bought 10 million before this article, I heard mittens bout 10billion before his rag published the same type of article & riverini boutgh 10trillion PLEXes ^_^
you mean like in RL when oil speculators raise the price of crude by 50%.
instead of "burn jita" the goons should do a FW interdiction.
start roaming FW space and stopping anyone from orbiting buttons.
the tears would be copious
This is all because of FW (this time, anyway). FW farming scales very well with the number of toons you have. Combine this with the recent "power of two" deals or the buddy invite system, and you have a recipe for high PLEX prices.
It works like this. A 5 day old character is capable of making ~15B a month farming FW LP sites. If I use the "power of two" and buddy invite systems, I can easily create and plex 10 new accounts. Each of these accounts easily pays for it's plex each month, so there are now 10 new accounts all soaking up plex each month. From personal experience, I can think of at least 4 people I know that all create 10+ toons SOLEY to farm LP and they are all paid for by plex.
Combine this with the fact that many FW players no longer need to buy ($$) PLEX and sell them to make isk (because they are making so much from LP farming) and you have both supply dwindling and demand skyrocketing.
And lets not forget that PLEX does not follow the normal supply/demand model due to it's unique value. Players don't think "I need $30 worth of isk", they think "I need 1B isk". As the price goes up, a player will need less PLEX to achieve their ISK goal, therefore causing supply to dwindle futher.
Simples?
guess i should look into FW. incursions only give me about ~2B per month. also wondering why i trained an industry char when mining gives something like 10% the amount of incursions. useless.
Too much isk is in the system (inflation) and the new expansion is driving up the price. https://www.youtube.com/watch?feature=player_deta…
(Evenews24 do some research, watch fanfest and you're better informed.)
Was thereyet another FW Tier 5 this week? it iseasy to correlate eachspike inPLEX price 3-5 days after a tier 5 attained. The billions, err trillions in cheap implants are staggering. & people thought incursions were Monty Haul campaigns?!?!?! The LP market's ISK reductions are going to suffer for years due to this 6 month windfall for the factions
It is, however, a very lucrative endeavor right now, because of the ease with which people can make LP in certain markets.
ccp might cleverly think this so people will minimize buying plex and start to pay real money
Why would they try to remove PLEX? They still get paid their monthly fees, last time I checked subscription was cheaper and by buying and using the plex you remove some isk from the game. I'm not seeing any reasons to minimize plex sales.