|
Author |
Thread Statistics | Show CCP posts - 0 post(s) |
Denidil
The Graduates Morsus Mihi
114
|
Posted - 2011.11.04 15:44:00 -
[1] - Quote
thoth rothschild wrote:incursion inflation
that's what everyone says, but i don't find it likely. demand for plexes spiked with lots of bittervets going to plex only, then spiked more when lots of people came back. but with the real world economy in the state it is the supply of plex is constrained. Anyone who is blue to DRF are cowards and have failed Eve.
MM Bombers, Best Bombers |
Denidil
The Graduates Morsus Mihi
116
|
Posted - 2011.11.04 16:18:00 -
[2] - Quote
Ptraci wrote:Denidil wrote: but with the real world economy in the state it is the supply of plex is constrained.
If supply was constrained then volume would be down. If you look at the market statistics, volume is up more than in the past months, meaning that there is simply more demand. This is good news for CCP since high PLEX prices makes purchasing PLEX for real money more attractive. It's bad news for those (like me) who fund their multiple accounts with PLEX because either we have to play more/work harder to fund our accounts, or switch back to paying for (some of) them.
um... you can get more volume without an increase in supply.
in that situation the increased volume is chipping away at build up supply.
and when that happens price goes up. Anyone who is blue to DRF are cowards and have failed Eve.
MM Bombers, Best Bombers |
Denidil
The Graduates Morsus Mihi
117
|
Posted - 2011.11.04 19:22:00 -
[3] - Quote
Ptraci And where, pray tell, does this "increased volume" that is chipping away at built up supply come from? Oh. Demand. Thanks for proving my point for me. [/quote wrote:
don't try to retcon your argument to be something different then what it was. i didn't prove any damn point for you.
you're a goddamn idiot. i was addressing this statement:
[quote=Ptraci]
If supply was constrained then volume would be down..
which is WRONG - new supply is constrained, existing inventory is being depleted by new demand, thus prices are going up. QED.
Anyone who is blue to DRF are cowards and have failed Eve.
MM Bombers, Best Bombers |
Denidil
The Graduates Morsus Mihi
117
|
Posted - 2011.11.04 19:42:00 -
[4] - Quote
Ptraci wrote:Denidil wrote:
existing inventory is being depleted by new demand, thus prices are going up. QED.
Here we go again. "New demand" is synonymous with "increased demand". Jeez if you don't understand economics read a book and stop pretending you know how to argue about it. You have once again proven my point. If supply was constrained (ie there are less units available for sale), then volume cannot be anything but down. You can't buy what doesn't exist. The universe is best examined at its extremes. Make an extreme case and work it through. There are only 10 PLEX left in the universe. The price goes up as those PLEX-holders auction them off to the highest bidder, but what happens to the volume? It will never be more than 10. Love, Ptraci
you claimed that volume would be down if supply was constrained, which is wrong in the case of only NEW supply being constrained, which is what i was talking about. your pathetic attempts to evade simply admitting that you made an incorrect statement are ******* pathetic. Anyone who is blue to DRF are cowards and have failed Eve.
MM Bombers, Best Bombers |
Denidil
The Graduates Morsus Mihi
117
|
Posted - 2011.11.04 23:31:00 -
[5] - Quote
Ptraci wrote:Denidil wrote:
you claimed that volume would be down if supply was constrained, which is wrong in the case of only NEW supply being constrained, which is what i was talking about. your pathetic attempts to evade simply admitting that you made an incorrect statement are ******* pathetic.
Of course volume would be down if there's a supply bottleneck. You can't sell what you don't have. As for "new supply" I don't know what you mean. Are you saying that all the PLEX that is left on the market is PLEX that has been sitting for sale for years, and no one is buying new PLEX from CCP? Then why is more PLEX being sold this week than last week? Surely less people would want to buy this very expensive, older PLEX. It's not like it's Scotch and it gets better with age. You are going very far to support a "theory" that CCP for some reason can't sell PLEX to people anymore, and this theory only has your word as evidence. The facts show that for the past few weeks, more people have been buying PLEX in the EVE market (where we can see the volume numbers) than ever before. CCP is probably still selling the same amount of PLEX, leaving supply relatively unchanged. Therefore the price moves up.
******* Amarrian God you're dense
New Supply - new PLEX entering the game from people converting GTC Total Supply - New Supply + Existing Supply [aka inventory] Inventory - PLEX that have been in the market a while but haven't been sold Volume: sales in a given time
For a long time New Supply averaged just slightly above Volume, creating a noticeable surplus on the market. this surplus didn't grow very fast so it didn't have much effect on price. Then comes event that reduces New Supply, so existing Inventory starts being drawn down some. Then comes an event where demand goes up, and Inventory starts being noticeably reduced, price starts going up.
this is ******* like Economics 100. seriously. Anyone who is blue to DRF are cowards and have failed Eve.
MM Bombers, Best Bombers |
|
|
|