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Whats going on? Price of PLEX
GnatBug
Member Posts: 75
in EVE Online
I must admit i am no econimist but if the economy of EVE is driven by Supply & Demard trends then does the current collapts in the demarnd for Plex indicate a bigger problem!
I was expecting the Price of Plex to climb as the NEX store requied you to covert Plex to AURA ... So whats up... or has somany poeple stoped playing that it is having a systemic affect on the Game Time Economy!
Comments
It's summer and many people are doing other things besides playing EVE. You'll find prices of most everything are on a downward trend, though long term there's actually been sort of a deflation of the economy that can't be accounted by just a summer downturn.
They should pick back up in the fall once more more players come back in the game.
Great time to be a plex buyer however.
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Its Dropping ...
What do you think it will bottom out at .... 300 Mil
i wanted to buy game time 4 days ago but it seems to be drop a about 10mil a day .... ?? Crazy so i am going to wait for a week
Don't forget supply and demand for plex works outside the game as well as inside, i.e. more demand ingame means more people buying outside an imbalance here could easily cause the price to drop in the short term.
Sell price: 372 million
Buy price 367.3 million
PLEX has dropped to it's pre-aura prices and is trending upwards at its expected rate.
Starships in Jita are up overall, but it's the summer and that usually happens.
Minerals and ore are down.
Planetary Materials are up in Jita but have dropped where I usually do my trading.
Personally, prices in the regions I frequent are right in the range Hazelle posted. I don't think this really indicates any problems for the reasons listed and for the fact there is a limited selection in the NeX store anyhow. Very likely those who wanted items cashed in and got them already so demand has receeded to near normal levels. I imagine it's possible to see spikes in PLEX prices each time a new wardrobe is released. But, as with the OP, I am no economist either. Just speculating....
-mklinic
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Do something wrong, no one forgets"
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Hmmm
In Armaar PELX is Selling at 360mil ... Buying at 352 mil .... There is a change!
not in villore i sold one for 430 mill last week in and around there selling for up to 369 -499
Possibly, prices were already too high due to people stocking up pre-incarna? And now are simply stabilizing?
I know it took a good 8 days for the Maller prices to normalize.