Or they complain even more because what little plex they had is suddenly worth less (meanwhile the big plex moguls have somehow managed to instantly unload their entire supply for maximum price at the same time)
There is no such thing as ârightâ price for PLEX. Supply/demand are the factors that should set the price. If there are possibilities to drive up price deliberately then price is not dictated by supply/demand but speculators. Is it artificially inflated in other words âtoo highâ? Happens in the past, CCP admited it. PLEX is no longer single item but 500 of them. Easier to manipulate.
So⌠if there is no right price for PLEX, why do you keep insisting that it is an issue?
1 Like
If there is observable or possible exploit of the market then how can we be sure the price we have on it reflects supply/demand?
We canât, but that still doesnât mean that the price is an issue, the issue is that the price can be manipulated.
This isnât rocket science.
what else is it going to reflect
unless youre suggesting ccp is involved in a conspiracy to remove plex from the market
But if the price has been manipulated, which CSM notes sure hint at, then the price is also an issue.
These are not exclusive things, they can both be true.
@ Nevyn, nor are they inclusive things, one can be true while the other is not; as I said earlier in the thread, the price is a symptom, not the disease.
CCP manipulation of the price may have a short term benefit in terms of the price dropping, however without addressing the underlying problem of players being able to deliberately manipulate the price itâll rise again in short order.
Sure, but that doesnât mean you ignore the symptoms in favour of the cause either. Both need treating.
Thatâs true.
What? It is in CCP business to keep PLEX market as healthy as possible without speculators. PLEX is not an items like other in games (apart from SP extrators)
then if the price doesnt reflect supply and demand then what does it reflect
demand from speculators is still demand
Who says that a market that people are speculating in isnât healthy?
It could very well be argued that the amount of speculation going on is an indication of the market being an attractive and active one, having actual (meaning non-speculator) demand. And having the prices rise at a steady, but not alarming rate can also been seen as indicator for a healthy supply.
Why should speculation even be bad for CCP?
As long as sufficient Plex are consumed and can be booked and the number of Plex bought for real money is not decreasing, everything is fine for CCP. Ongoing speculation with rising prices only underlines that Plex is a very much sought after commodity - even better for CCP.
Rising Plex prices are only an issue for those few people who buy Plex in-game (and somehow feel entitled to do so in the future) and who also are not very good at generating Isk.
And if for some reason we reach the point where ânobodyâ will buy Plex for Isk anymore, prices will inevitably fall again.
Apparently itâs not healthy, they were discussing that matter on the CSM summit. Itâs not that simple as low price is good for CCP or high price is good for CCP. Currently itâs a loop with SP trading. SP trading is cancer of this game, pure passive income.
Except that there isnât so much of income anymore. Last time I checked the numbers, profit was only achievable with some effort in trading. And when the profit comes from trading, it cannot be categorized as purely passive anymore.
tbh i dont think anyone is manipulating the plex market really
maybe there are people who think they are manipulating it
and that makes them feel special like puppetmasters
but really all they are doing is increasing demand so the sellers can profit
by hoarding plex they are increasing the isk price of plex to themselves and not actually making any profit from it
what they are doing though is protecting against isk inflation
but seeing as isk inflation only seems to really affect plex prices anyway it seems kinda moot
If you bought 100 PLEX for 500mil/unit, it cost you 50bil.
If you sell those 100 PLEX for 1bil/unit, you receive 100bil, 50bil of which is profit.
If you now buy 101 PLEX, it effectively only costs you 51bil rather than 101bil.
So you now have 101 PLEX, worth 101bil, for which you have paid in total 51bil (the remaining 50bil being reinvested in the value of the PLEX you own).
lol youre funny
2 Likes
Yep, just did the math. Not to worry CCP Rise already post somewhere that they are thinking of rising the 80 mil SP barrier.
I missed dinsdales insanity 
Ill admit, math is not my strong suit 
2 Likes