Almost 72,000 for the first 13 sell orders is not enough? Mmmkay.
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thats only 144 of old Plex/months worth of subscription.
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So?
First that is only the first 13 orders. I have not added up all the sell orders. Nor did I look at Amarr.
Second…why is that the “wrong” number and what is the “right” number and how did you determine it?
I love these comments.
Some person: “The market is doing it wrong.”
Me: “How do you know?”
Some person: “Motivated reasoning, dude.”
Thats enough for about 700 accounts to plex themselves for a month.
Eve has about 20k concurrent users most of the time. If we assume 3 different prime times (EU, Americas, Asia) thats about 60k active accounts. Are you trying to say that less than 1.2% of accounts plexing themselves to omega so that amount currently on the market is “enough”?
There is a huge disconnect between offer and demand, so plex prices will continue to rise.
Why is this the right number. Telling me it is enough for 700 accounts is insufficient. Why is that “good” or “bad” or whatever?
I’m not making the claim that it is “right” or “wrong” you are. So support your claim.
Also, yes. That shows enough PLEX for 700 accounts on the market right now. How many are being bought? How many more are added later today, tomorrow, and the day after? How many are being sold directly to buy orders?
Edit:
To be clear, I am calling into question your “estimate” (being very generous with that term) “that less than 1.2% of accounts plexxing themselves to omega”. To be more accurate, it is probably a crap estimate.
The volume numbers speak for itself. The demand for buying is almost 10 to 1 selling. As long as the volume remains that way there will be upward pressures on PLEX.
Yup.
Make more multiboxers, moar rorqs, moar caps, moar VNI ratting, make more Plex suppliers quit because of it while simultaneously increasing plexed accounts per month. Things will self correct themselves.
O, and its time the multiboxers and botters become their own plex suppliers as due to what they have done to the game, rest of the people are leaving at increasing rates.
A high plex price is indeed very healthy for the game and hit hurts botters and multiboxers (non alpha varity), A suitable low point would be 10 million per plex.
This is rather incoherent.
Demand is a locus of points that representing demand for a commodity at different prices, different levels of income, etc. That there are 10x the number of buy orders than sell orders does not really tell us much about demand without looking more closely. Especially when you look at the order and their prices. Of course, there is going to be huge demand at 0.01 ISK. And just looking at a handful of those orders we see that there is demand of 212,000,000 million PLEX. At that price I would expect very high demand…
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A cost of 0.01 is such an outlier of an example, a reasonable actor would reject that offer without a second thought. The assumption is a 10 to 1 ratio of buyers-to-sellers is weighted towards reasonable actors in that a buyer will find a seller at an acceptable price while leaving all other offers unresolved in perpetuity, especially at a buy of 0.01 ISK, or for that matter anything substantially below the resistance floor. Simply put the ratio tells me it’s a “sellers” market and their are only a few who to meet the buyers demand. All the while buyers step over each other with higher offers to fill their orders. Offers below the resistance floor are negligible, if at all, to upward forces in a sellers market.
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Of course, but those buy orders have associated with them 100,000,000 PLEX as well. That is the person who put it up basically put up a buy order for 100,000,000 PLEX at 0.01 ISK.
That there maybe 10x more buyers than sellers does not tell us much. I have like 5 grocery stores within a certain driving distance of my house. Yet, these groceries may have 1,000 customers every day. That is a 200-to-1 ratio and yet prices are not rising quickly.
So noting this ratio is not really going to tell us that much.
No, the price tells us that. Second there are dozens of sell orders in Jita alone. Now maybe 1 guy has set them all up, but I doubt it.
Flew over my head. Too complicated for me.
All I know is this:
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Increasingly more normal players are quitting the game and being replaced by multiboxed accounts and often bots. Easily verifiable by simply flying around the game and playing on regular basis, everywhere, all regions. if you are looking for data, there was a post somewhere on Reddit not too long ago tracking all this stuff. Eve Online in 2010 had 1.7 average accounts logged in per person, today that number is around 3.5. You can go dig for it if it matters to you. But there it is. 1.7 to 3.5 accounts per person while average concurrent users is on a slow downward trend. Combine the 2, its a no brainer.
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Despite peoples wishful thinking most actually do not even know of, and do not understand the business model of Eve Online. Eve Online relies on a mix of regualer players and whales. Whales supply huge chunk of income, some in excess of $100k each but those are rare. Most whales in Eve Online simply pay for 6,8+ accounts. And by pay, I mean pay, as in sub or by plex from CCP. The business model shift started a few years ago World of Darkness - the inside story on the death of a game | Games | The Guardian you can find it mentioned in here among other stuff and many other places. And the game development has shifted to accomodate this business model. And it shows.
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Plex suppliers are also divided into bacically 2 categories, normal players and whales. Normal players are people who play regularly, using a single or 2, sometimes up to 3 accounts or so who sometimes buy plex and put it up on market for the ISK rich to buy. These players are leaving the game or like me, have decided to go full alpha and stay that way while waiting for things to improve or quit altogether.
The 2nd group of Plex suppliers are whales. These are largely unaffected and remain as is, they can be found predominantly in large nullsec blocks and make huge plex purchases to fund their blobs. They also fund things such as cap proliferation, rorq multiboxing and botting, all that sort of ■■■■. And on top of it, while at it, they are making the 1st group of players leave the game at an even faster pace.
Again, there is data available, no I don’t have the links, you can dig for it if its important to you, its been rehashed and reposted not too long ago.
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Read my reply here:
Volume ticked up slightly because of a “rational forced offer;” a buyer is trying to set the price at 3.78M ISK. Offers below that will obviously be disregarded by the seller, so they don’t count unless the sellers meet the order of nearly 224,000 PLEX.
You actually make some very valid points here.
I’m just trying to say the volume of buyers-to-sellers does have relevancy as an indicator in which way the market is heading, and that unreasonable offers (such as 0.01 ISK) does not have much of an affect on market direction.
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