So, from what I can see Buys in Forge on PLEX are hovering at 4.1 Mil ISK each ( Cluster wide view is somewhat spread still ).
So we dig into the economy section here, specifically on PLEX, and larger market systemic ramifications (e.g., botting is why we can’t have nice things). From the minutes,
"Brisc Rubal asks what tools apart from sales CCP has to reduce the PLEX value. CCP Goodfella asks if they consider rising PLEX prices to be an issue and the CSM says very much think it is. Sort Dragon mentions that this situation is forcing a creep that players can’t keep up with. Brisc Rubal says that 3.5mill per PLEX will be a mark where bad things start happening. The CSM says that there are many factors at play here. One of them is the steady increase of prices that incentivize players to hold PLEX until they can turn it into a profit, instead of directly injecting it back into the market.
There are additional real-life factors that make people shift from a subscription to PLEX and make them not purchase more PLEX from CCP. Then there are a lot of people who are sitting on PLEX and never dump it on the market but rather wait for the prices to hit a peak before they will dump a small portion of their total amount."
At 4.1 Mil per PLEX, it looks like the start of a climb and drop. PLEX speculators are seeking a target around 4.35 (Higher than 5 flat if it goes full Tulip) Mil ISK on the buy side if I had to guess, before they start dropping some inventory and milking the market, to keep ahead of ‘Botflation’ of ISK (Brought up at the start of the economic section of the minutes).
There is also monthly login numbers of Omegas back down to their pre Alpha bump (Omega accounts saw a bump, as Alphas using it as a trial converted over), and the pressures on Alpha accounts that PLEX over subscribe, coming into play.
There much market opinion on this all as far as a new trend? Or just 'Markets go up, markets go down. Bulls and Bears make money, pigs get slaughtered."
PLEX data as seen via Eve Marketer
|Selling||4.16 M ISK||13.14 M ISK||4.50 M ISK||627,395|
|Buying||4.06 M ISK||3.55 M ISK||3.70 M ISK||2,039,217|