It's too early to say for sure but it looks like the recent PLEX price trend may be changing. The price rose somewhat quite recently and has been holding fairly steady since at around 820 million each.
Of particular interest is that for the first time in over a month the 5 day average is above the 20 day average. This is an indication prices are rising (or have risen recently).
Normally I'd consider that a strong indicator the trend is about to reverse and prices start going up again but right now things are still very much up in the air regarding the multi-boxing policy changes.
The next week or so should give us a better idea if the downward trend is going to continue (possibly at a lower rate), if prices will drop even further, begin to stabilize, or start rising again.
Really what happens next is heavily dependent on how well (or conversely how poorly) and how strictly CCP enforces the new policy. And it's probably going to be a while longer before we know for sure about that.
If you think CCP will not be effective at enforcing the new policy, then it's time to start buying now. If you think they'll be banning cheaters left and right, then it might be a good idea to sell before the price starts going back down again.
If you want some more signals to analyze, try the newest version of Evernus with market analysis - http://evernus.com/wp-content/uploads/2014/08/evernus-market-analysis-details-full.jpgReplyDelete
MoxNix, from your experience, is it standard that when you find some good stuff to trade with, soon lots of ppl find this same as grate oportunity?ReplyDelete
i suspect CCP will be very effective in policing this - by clearing out these quasi-bots then CCP clears a market distortion. You have been bang on the money with the effect this has had on the price of Plex.ReplyDelete
I also agree that if these quasi-bots find their way back into the game then they will be natural buyers of Plex - so, yes, they drive the price of Plex up.
However, i also suspect the market may have cleared, or be close to being cleared, of the surplus Plex which came from these accounts.
Hence, we are back to growth in the player base and growth in wealth being the main drivers give or take CCP Plex offers and patch launches.
Yes and the higher the margins the quicker they'll be in there undercutting you.ReplyDelete
It's annoying when it's something that's never even been sold in the entire region before (or hasn't been in a long time) but as soon as you list a few the spreadsheet warriors jump all over it.
It often helps to have just buy orders or just sell orders up, without both many spreadsheet warriors won't notice anything.
I'm probably going to have to stop posting specifics about items I buy and sell. Malma bot is definitely reading my blog. I posted a short list not very long ago and within days he was suddenly all over half the items on it.
Also noticed more competition than usual on the same items in other places. Not just more either, but far more aggressive and obsessive too (bot/no-lifer style campers).
Actually, I installed Evernus yesterday. I couldn't run it before because it doesn't run on XP. But I upgraded to 8.1 a few days ago and was finally able to check it out.ReplyDelete
The biggest problem is it really doesn't seem to be designed for those of us with multiple characters. Most of the displays and graphs are single character only.
I particularly hate how I have to download data for each character separately, It be a whole lot better if it handled API connections the way jEveAssets does. Click one button one time and does the rest, connecting to all accounts and downloading data for all characters on each account.
That sounds like a good idea. I'll make a version which downloads everything at once and send it to you to check it out. Graphs and statistics can already be combined. Do you know what else could?ReplyDelete
Im sure you know that you can connect all allts with your own corporoation.ReplyDelete
So you prabobly had a reason not to, can you share this reason(s)?
Wardec immunity mainly.ReplyDelete
Just about everything really, assets, orders, transactions, etc.ReplyDelete
Then again without filtering options like jEveAssets it'd be too difficult to find what you're looking for. jEveAssets filtering options are extremely powerful, one of the best things about it.
It's doable - I'll try to implement such features. Your feedback is much appreciated as your number of characters and orders is very high and Evernus should ease the life in such scenarios too. Would you be interested in testing it out once it's finished? I can send you a link via Eve-mail (or however else you like).ReplyDelete
But, I need to point out a potential problem with combining orders. Right now you can use the Fast Copy feature to update prices in about 1-2 seconds per order (even hitting the max updates per minute limit in Eve). With combined orders, it would be necessary to check if the order being updated actually is the order for currently logged in character and it would slow things down.
I'm not experienced enof to say, it's not a big issue, but here is why i use corporation for my self:ReplyDelete
It helps me keep private money from bussines money, also make assets way easer to maintain, as you can rent 'office' somewhere near trade hub and separate, again, private from bussines stuff. How my alt gets money? I sell stuff to my own corporation (kind of, as this is money transfer with some nice tag like "Mats for Executioner", and it's tax free). Products of manufacuturing are sold by corpo. This way my main gets cut of income, and everything is clear in jurnal.
Some day, when i will be a bilionere ^_^ going to create one more alt skilled mainly in hauling, this alt aint going to be in corpo, and I will tread it as separate player. If i will need some big stuff to be moved from A to B, will just put private contract, for my own alt :). This will let me keep track and plan all assets movement. But this is just some idea for future.
Any way, holding a corpo, that is closed for invitations, is some way to help manage stuff, even for single character.
Well I read your list about items to focus on like implants and some faction modules and last week I spend a billion isk on implants (only 5-10 CA1/2 and ocular +3/4/5, a billion isk won't buy you that much) and had them moved to my nullsec home.ReplyDelete
Then again, of the last 10 times I read advice on specific items I only followed up on it twice so far due to me being lazy.
And that's not a problem. That's healthy competition, good for all parties involved. You post your orders and wait for them to fill with occasional updates (or not). I do the same. The end user who buys it to use it gets it for a far more reasonable price than the no-lifers and bots charge when they have control and in more places (you transporting to null for example).ReplyDelete
The no-lifers and bots camp it perpetually with constant 0.01 cuts, trying to completely control and dominate all sales forever.
Your suggestions about importing and combining data are now live in a new version. jEveAssets filtering mechanism is interesting and I'll probably implement it soon.ReplyDelete
ok, I'll grab it and check it out in a day or two.ReplyDelete
Ah, I didn't get a notification about your reply. Would you mind tacking and sending me a dump file when you force close it? I would debug the issue.ReplyDelete
I have a dump for you where do you want it sent to?ReplyDelete
Send it to info at evernus.com please.ReplyDelete
This chart is from Evernus? I need to get into that program. I love the candlestick charts, they can be very telling as well.ReplyDelete
Would you say that reading the charts, like you did above, is a good way to really tell what things are doing or could do. I love charts, I love candle stick charts in the stock market and they can be very telling. I'm not sure that the eve charts are the same. Any advice on them. Just seems that with more variables, those being all the players, that can manipulate the prices would throw it a bit off.ReplyDelete
Personally I think charts and spreadsheets are vastly overrated (you really don't need them) but I don't believe most market players would agree with me on that.ReplyDelete
I am starting to agree with that. Reason being, markets change far to often to rely on those. It's something you need to follow on a daily basis almost, and make educated decisions based on things you've seen. Intuition really.ReplyDelete