EVE Search - PLEX - Reverse Redeeming

All Channels

Market Discussions

PLEX - Reverse Redeeming

» Click here to find additional results for this topic using Google

Monitor this thread via RSS [?]

Pages: [1] 2 :: one page
Author	Thread Statistics \| Show CCP posts - 0 post(s)
Tesal	Posted - 2009.10.29 01:10:00 - [1] Its on Sisi. You can reverse redeem Plex for OOG stuff, dunno what it is about totally. Those PLEX that get reverse redeemed are removed from the game apparently. Quote: Are you sure you want to reverse redeem 1 30 Day Pilot's License Extension (PLEX)? The item stack will be removed from the game and brought into the redeeming system where it can be used out-of-game. If this what you want to do? never stop posting...with alts. Now you know what it is to be owned. Mittani alt says hi. I win. You lose. For the honor of spit stained basement dwelling virgins.
RAW23	Posted - 2009.10.29 01:46:00 - [2] Legal rmt? Given that they've legalised it in one direction already ...
Tesal	Posted - 2009.10.29 01:54:00 - [3] Originally by: RAW23 Legal rmt? Given that they've legalised it in one direction already ... Dunno. I speculate its for other stuff other than cash. Maybe I can get a Dust514 subscription with PLEX. If it was for cash, PLEX will go up, possibly a lot. never stop posting...with alts. Now you know what it is to be owned. Mittani alt says hi. I win. You lose. For the honor of spit stained basement dwelling virgins.
cosmoray Bella Vista Holdings Corp	Posted - 2009.10.29 01:56:00 - [4] Originally by: Tesal Originally by: RAW23 Legal rmt? Given that they've legalised it in one direction already ... Dunno. I speculate its for other stuff other than cash. Maybe I can get a Dust514 subscription with PLEX. If it was for cash, PLEX will go up, possibly a lot. It will not be for cash. CCP would not give up its earnings. I got 50B that you can NEVER sell PLEXES back to CCP for cash.
Solitary Victim Kind of Purple	Posted - 2009.10.29 01:57:00 - [5] Originally by: RAW23 Legal rmt? ^ No doubt redeemed funds will only be valid for purchases made in the eve store. An actual isk to cash pipe would be extremely destructive, whereas an isk to T-shirts-pipe would be kinda cool.
Tesal	Posted - 2009.10.29 02:11:00 - [6] Originally by: cosmoray Originally by: Tesal Originally by: RAW23 Legal rmt? Given that they've legalised it in one direction already ... Dunno. I speculate its for other stuff other than cash. Maybe I can get a Dust514 subscription with PLEX. If it was for cash, PLEX will go up, possibly a lot. It will not be for cash. CCP would not give up its earnings. I got 50B that you can NEVER sell PLEXES back to CCP for cash. Well, that is $2671. You sure you want to bet that? never stop posting...with alts. Now you know what it is to be owned. Mittani alt says hi. I win. You lose. For the honor of spit stained basement dwelling virgins.
RAW23	Posted - 2009.10.29 02:17:00 - [7] Originally by: cosmoray Originally by: Tesal Originally by: RAW23 Legal rmt? Given that they've legalised it in one direction already ... Dunno. I speculate its for other stuff other than cash. Maybe I can get a Dust514 subscription with PLEX. If it was for cash, PLEX will go up, possibly a lot. It will not be for cash. CCP would not give up its earnings. I got 50B that you can NEVER sell PLEXES back to CCP for cash. Sure. I don't expect they would really do this. But would they actually lose earnings? Each plex they sell they lose one month's subscription anyway, with the exceptionof the pile that sits on the market (not sure how valuable this pile is in real money terms). If you sell a plex for cash to someone else I don't really see how this affects their earnings any more than if you sell one for isk to someone in game. I may well be missing a step in the chain, though. Mmmm.... 50 billion . Well, I've only got 20 bil but I'll take the bet! No chance I will ever have to pay out (it will take an infinite length of time to prove that they will never do it, so I've got a while to put the other 30 bil together) and a very small chance you will.
Solitary Victim Kind of Purple	Posted - 2009.10.29 02:34:00 - [8] Originally by: RAW23 But would they actually lose earnings? Maybe not, since plex prices would rise sharply to counterbalance the current 'thin air to isk'-potential. Eventually it would probably just make plex trading fairly useless for anything but money laundering since your isk would suddenly represent an actual, legitimate cash value, making plex subscription less attractive once the market settles and reflects this dynamic. *In before 'isk already represents a monetary value'. To people like me who don't consider RMT an option, this is only true in the sense that a few days of missioning buys me a month's subscription. The plex price may represent a value, but it is a value belonging to CCP, not me.
Spectre Wraith Darwin Inc.	Posted - 2009.10.29 02:37:00 - [9] It'd be nice if it was put in for little things like portrait switches or other account related features.
Tesal	Posted - 2009.10.29 02:46:00 - [10] Originally by: Solitary Victim Originally by: RAW23 But would they actually lose earnings? Maybe not, since plex prices would rise sharply to counterbalance the current 'thin air to isk'-potential. Eventually it would probably just make plex trading fairly useless for anything but money laundering since your isk would suddenly represent an actual, legitimate cash value, making plex subscription less attractive once the market settles and reflects this dynamic. In before 'isk already represents a monetary value'. To people like me who don't consider RMT an option, this is only true in the sense that a few days of missioning buys me a month's subscription. The plex price may represent a value, but it is a value belonging to CCP, not me. They probably can't do a cash value for tax reasons and banking reasons. But they can use it for other services, for example they could contract with TS for their services or web hosting or a formal agreement with CCP on killboards. They can do stuff with strategic partners that open up a wide variety of services. There are some really cool things you can do to create alliance support applications paid for with PLEX. There is also an added side benefit. Using PLEX in game uses up server resources to play EvE. Using it OOG uses other people's resources, so CCP can pay someone to do a $5 service for the $15 they might get from the PLEX and not only do they keep more cash, they also outsource the headaches and extra costs of server loads AND prop up the price of PLEX. never stop posting...with alts.* Now you know what it is to be owned. Mittani alt says hi. I win. You lose. For the honor of spit stained basement dwelling virgins.
cosmoray Bella Vista Holdings Corp	Posted - 2009.10.29 04:07:00 - [11] Fact is they won't buy back any PLEXes because they MAY have already booked the earnings from those sales, and would take a hit in the future. IMO the reason they did this is because of the glut of PLEXes on the market. As CCP have stated there is way more PLEXes on the market than being used. This could be an issue that people stop purchasing PLEXes outside of the game. SO CCP will likely allow people to swap PLEXes for non-monetary items. 1 PLEX for a $5 T-shirt is still good business for CCP. If the amount of PLEXes suddenly drops more people will likely buy PLEXes for cash and sell them at higher values thus increasing PLEX sales and swelling CCP coffers. I am sure CCP would love people like me who have bought a lot of PLEXes from the market. I have 3 accounts paid up through 2012 from PLEXes.
CrazySpaceHobo Caldari Mysterys Inc.	Posted - 2009.10.29 04:44:00 - [12] My money says this is so you can "move" your plex from station to station. IE. You reverse redeem it in a crap station, and then fly to a hub and re-redeem it into plex to sell. Allows people to effectively trade in plex without them ever going into space.
Verite Rendition Caldari F.R.E.E. Explorer Wildly Inappropriate.	Posted - 2009.10.29 06:07:00 - [13] Originally by: CrazySpaceHobo My money says this is so you can "move" your plex from station to station. IE. You reverse redeem it in a crap station, and then fly to a hub and re-redeem it into plex to sell. Allows people to effectively trade in plex without them ever going into space. Why would you ever redeem them anywhere other than Jita 4-4? ---- FREE Explorer Lead Megalomanic EVE Null-Sec Player Influence Map http://dl1.eve-files.com/media/corp/Veritefw/FWinf
CrazySpaceHobo Caldari Mysterys Inc.	Posted - 2009.10.29 08:23:00 - [14] Originally by: Verite Rendition Originally by: CrazySpaceHobo My money says this is so you can "move" your plex from station to station. IE. You reverse redeem it in a crap station, and then fly to a hub and re-redeem it into plex to sell. Allows people to effectively trade in plex without them ever going into space. Why would you ever redeem them anywhere other than Jita 4-4? Beats me, But a look at the market reveals that alot of people do.
Lui Kai Better Than You	Posted - 2009.10.29 09:30:00 - [15] My money's on turning plex back into a GTC - which would allow you to buy PLEX with one char to re-activate an inactive char. ----------------

Chribba Otherworld Enterprises Otherworld Empire	Posted - 2009.10.29 10:38:00 - [16] Moving for sure, will make you able to start trading PLEX's between regions without getting killed and thus lose the game time. They probably want as much game time put into the game as bought - not see the stats of 3,000 days bought but only 2,000 applied since 1,000 was destroyed moving the PLEX.

Ynnub Knip Noitaroproc Ynnub	Posted - 2009.10.29 10:44:00 - [17] Would be pretty awesome to shoot someone down and loot a plex haha, but I see your point Chribba Maybe they could make them moveable but impossible to destroy so if someone would shoot someone down with a plex it would be in the wreck for whoever to loot :P This might mean if you redeem your plex in a bad station where no one is buying it or want to start doing some trading with plex you can by buying them up moving to a new station and dropping them off there. __________________________________________________ Time is money ... friend BUY SOMETHING OR LEAVE
Lui Kai Better Than You	Posted - 2009.10.29 11:42:00 - [18] Originally by: Chribba Moving for sure, will make you able to start trading PLEX's between regions without getting killed and thus lose the game time. They probably want as much game time put into the game as bought - not see the stats of 3,000 days bought but only 2,000 applied since 1,000 was destroyed moving the PLEX. PLEX can't be moved, thus can't be destroyed. Short of right click - destroy, anyway. ----------------

Chribba Otherworld Enterprises Otherworld Empire	Posted - 2009.10.29 11:52:00 - [19] Originally by: Lui Kai Originally by: Chribba Moving for sure, will make you able to start trading PLEX's between regions without getting killed and thus lose the game time. They probably want as much game time put into the game as bought - not see the stats of 3,000 days bought but only 2,000 applied since 1,000 was destroyed moving the PLEX. PLEX can't be moved, thus can't be destroyed. Short of right click - destroy, anyway. Hence why we discussing the whole reverse redeeming option, as that basically makes you able to move them from station to station - but withot moving them in a ship (if they allow redeeming to other stations ofc).

RAW23	Posted - 2009.10.29 11:59:00 - [20] Originally by: Chribba Moving for sure, will make you able to start trading PLEX's between regions without getting killed and thus lose the game time. They probably want as much game time put into the game as bought - not see the stats of 3,000 days bought but only 2,000 applied since 1,000 was destroyed moving the PLEX. I'm not sure I follow this. Why wouldn't CCP want them to be destroyed. For each time a plex is destroyed CCP will lose a liability and open up the chance of earning more money by selling a replacement. On another note, it would seem strange for them to allow risk free insta-transport for one item when a good part of the game's economy is based on the risk and time costs of moving goods. I can't quite see why plex should be special cases (I realise that they already are but can't quite understand why).
Lui Kai Better Than You	Posted - 2009.10.29 12:02:00 - [21] Originally by: Chribba PLEX can't be moved, thus can't be destroyed. Short of right click - destroy, anyway. Hence why we discussing the whole reverse redeeming option, as that basically makes you able to move them from station to station - but withot moving them in a ship (if they allow redeeming to other stations ofc). Ah, fair enough, I misunderstood. Thought it was a bit odd that a guy like you was unaware of their current un-movable status :p ----------------
Andron Blaxcor	Posted - 2009.10.29 13:31:00 - [22] Originally by: RAW23 Sure. I don't expect they would really do this. But would they actually lose earnings? Each plex they sell they lose one month's subscription anyway, with the exceptionof the pile that sits on the market (not sure how valuable this pile is in real money terms). If you sell a plex for cash to someone else I don't really see how this affects their earnings any more than if you sell one for isk to someone in game. I may well be missing a step in the chain, though. I think you're missing the fact that CCP has already made cash on each PLEX it sells to a pilot. It doesn't care who redeems a PLEX as they've already taken the real world money. What would be interesting would be if they did buy back PLEX for real money, but less than they sold it for. For instance, CCP sell a PLEX for $15, it gets passed a round a few people in game trading for isk until it gets bought by someone who then sells it back to CCP for $10. CCP make $5, the person who initially bought the PLEX from CCP gets in-game isk and the person who sells the PLEX to CCP makes RL cash. Everyone wins. I'm not sure what the tax implications etc may be and PLEX would shoot up in value. Additionally, CCP would be left out of pocket immediately after introducing it as players sell their stocks to CCP, but it might make a nice little earner for them in the long run. The other downside would be the massive increase in isk farming as a rl way of making a living. This would cause massive in-game inflation and all sorts of associated problems. I don't think they'll do this. My bet is that, if this comes to anything, it'll be for credit in the EVE store or somesuch. Maybe EVE voice subscription. I'll be surprised if it comes to anything though.
Dretzle Omega Caldari Caldari Navy Volunteer Task Force	Posted - 2009.10.29 14:03:00 - [23] Originally by: RAW23 Originally by: Chribba Moving for sure, will make you able to start trading PLEX's between regions without getting killed and thus lose the game time. They probably want as much game time put into the game as bought - not see the stats of 3,000 days bought but only 2,000 applied since 1,000 was destroyed moving the PLEX. I'm not sure I follow this. Why wouldn't CCP want them to be destroyed. For each time a plex is destroyed CCP will lose a liability and open up the chance of earning more money by selling a replacement. On another note, it would seem strange for them to allow risk free insta-transport for one item when a good part of the game's economy is based on the risk and time costs of moving goods. I can't quite see why plex should be special cases (I realise that they already are but can't quite understand why). Because you can imagine the whining and closed accounts. If people use PLEX to get ISK and buy items that they get destroyed, that's fine as it should be completely clear that those items are just part of the game. But people will get very very personal about their PLEX. I'm sure CCP doesn't want the backlash of people flying their PLEX and losing it and accusing/suing CCP of taking their ISK. PLEX is a special case because it is directly tied to real money. While I am of the belief that stupid people should lose their ISK , I'd probably make the same decision about making ISK indestructible as CCP has. Making PLEX tradeable would be decent. It could be popped out to 0.0 so those players that don't have access to high sec and still buy PLEX with their ISK. That is, assuming it isn't out there already. With the current situation I can't see why someone would put the PLEX in a 0.0 output they could lose docking rights to. But if you can right-click redeem even without docking rights so you can move it, that would be acceptable. On the other hand, just a PLEX > Eve Store would be nice. It might actually increase the in game demand for PLEX, for those players that already have their characters paid for a year out. Now they can come buy more PLEX to redeem for T-Shirts or the Eve Magazine or whatnot.
Lui Kai Better Than You	Posted - 2009.10.29 14:08:00 - [24] Originally by: Andron Blaxcor Maybe EVE voice subscription. Eve voice is free, has been for a long while now. ----------------
Dretzle Omega Caldari Caldari Navy Volunteer Task Force	Posted - 2009.10.29 14:15:00 - [25] Originally by: RAW23 Edited by: RAW23 on 29/10/2009 02:28:04 Edited by: RAW23 on 29/10/2009 02:27:35 Edited by: RAW23 on 29/10/2009 02:20:26 Originally by: cosmoray Originally by: Tesal Originally by: RAW23 Legal rmt? Given that they've legalised it in one direction already ... Dunno. I speculate its for other stuff other than cash. Maybe I can get a Dust514 subscription with PLEX. If it was for cash, PLEX will go up, possibly a lot. It will not be for cash. CCP would not give up its earnings. I got 50B that you can NEVER sell PLEXES back to CCP for cash. Sure. I don't expect they would really do this. But would they actually lose earnings? Each plex they sell they lose one month's subscription anyway, with the exceptionof the pile that sits on the market (not sure how valuable this pile is in real money terms). If you sell a plex for cash to someone else I don't really see how this affects their earnings any more than if you sell one for isk to someone in game. I may well be missing a step in the chain, though. @Cosmo - Mmmm.... 50 billion . Well, I've only got 20 bil but I'll take the bet! No chance I will ever have to pay out (it will take an infinite length of time to prove that they will never do it, so I've got a while to put the other 30 bil together) and a very small chance you will. Good odds! Edit - Damn. I just saw the "back to CCP" bit. Still, I'll take the bet anyway. No, they will never buy back PLEX for cash. If I had cosmo's 50 Bil to make that bet, I'd make that bet in a heartbeat. Of course, you're right about the never having to pay cosmo, since it would take an infinite time to prove his case. However, that only makes his feelings on the matter stronger, as he's sure he will never have to pay out. CCP has shown to care that it doesn't like what RMT does to the game; they would never take part in it like that. They specifically created PLEX and GTC so that players could still use money to buy ISK but to try to remove the ability of people farming the system to make Real Life cash off of CCP.
Loaby Amarr	Posted - 2009.10.29 14:16:00 - [26] plex for amazon giftcards would be cool
SencneS Rebellion Against Big Irreversible Dinks	Posted - 2009.10.29 14:18:00 - [27] Edited by: SencneS on 29/10/2009 14:19:30 Moving and I would be some sort the third party service payment. CCP moves into CCP-Pal for third party things like CCP Store etc. Think about it for a second, you remove all your PLEXs for "Credit" at CCP. CCP are dictating... 1) The cost of the PLEX in the first place 2) The conversion rate of the PLEX to "Credit" 3) The cost of the "Goods" available with credit. However I still believe CCP are scared about the over abundance of PLEXs floating around in game. Everyone laughed and say "Noooooo, you've got to be WRONG!" when the PLEX usage/available/created blog came out. That blog mentioned "Spend ISK on PLEXS TO PLAY FOR FREE" so many times it sounded like an infomercal!! That coupled with the CCP Email to expired accounts with enough ISK to buy a PLEX or two, offering 1 day of activation to allow you to BUY a PLEX to play for free for a month. All those SCREAM CCP want to reduce the abundant amount of PLEXs in game. Two reasons - 1) Too many PLEX means HUGE amounts of liability or Projected lower incoming subscription fees (Depending on how you look at it. 2) Too many PLEXs means price drops, so less people buy PLEX to get ISK, creating demand for ISK Sellers.. Allowing you to convert ISK to PLEX, then PLEX to "Credit" is a means to that end of "HOLY COW LOOK AT ALL THE LIABILITY WE HAVE IN GAME!!" So I'm going to say..... CCP Continue to panic over the massive amount of PLEXs this is just a way to get MORE of them out of game. Amarr for Life
Raw Yard Raw INC	Posted - 2009.10.29 14:24:00 - [28] The problem with plexes that have to be moved via ship is that people PAY for their plexes, seem fair to have the person who payed 30$ for the plexes loses them in a matter of seconds to another player. This also goes with the anti-plex scam group. ---------- Need capital BPC packs at a great price? Look no further: Great BPC packs at Great Prices
Krathos Morpheus Legion Infernal	Posted - 2009.10.29 17:00:00 - [29] Originally by: CrazySpaceHobo My money says this is so you can "move" your plex from station to station. IE. You reverse redeem it in a crap station, and then fly to a hub and re-redeem it into plex to sell. Allows people to effectively trade in plex without them ever going into space. That was my first thought weeks ago when I saw it, but... it is not for moving. They have restricted the station where you can redeem it to the one from where you unredeemed them. That combined with the text that says it is for out of game purposes makes me sure that they will not use them for that.
Breaker77 Gallente	Posted - 2009.10.29 17:06:00 - [30] Originally by: Raw Yard The problem with plexes that have to be moved via ship is that people PAY for their plexes, seem fair to have the person who payed 30$ for the plexes loses them in a matter of seconds to another player. This also goes with the anti-plex scam group. While true, what is the different in: Buying a GTC and converting it to 2 plexes, undocking and getting blown up with them in the cargo OR Buying a GTC and converting it to 2 plexes, selling them, using the ISK to buy stuff and getting that blown up? Either way you are out $30...

Pages: [1] 2 :: one page
First page \| Previous page \| Next page \| Last page

COPYRIGHT NOTICE
EVE Online, the EVE logo, EVE and all associated logos and designs are the intellectual property of CCP hf. All artwork, screenshots, characters, vehicles, storylines, world facts or other recognizable features of the intellectual property relating to these trademarks are likewise the intellectual property of CCP hf. EVE Online and the EVE logo are the registered trademarks of CCP hf. All rights are reserved worldwide. All other trademarks are the property of their respective owners. CCP hf. has granted permission to EVE-Search.com to use EVE Online and all associated logos and designs for promotional and information purposes on its website but does not endorse, and is not in any way affiliated with, EVE-Search.com. CCP is in no way responsible for the content on or functioning of this website, nor can it be liable for any damage arising from the use of this website.