Market Morons

It’s funny to watch players (like my counterpart, over at the other, less intellectually stimulating Merchant Monarchy) getting all excited and acting as if they have vastly more knowledge than they do.

Right now, MoxNix is looking at Plex prices.  At first he seemed to just miss the fact that multiboxers were getting the nerfbat and started talking about the “Plex bubble” exploding.  In itself, that’s retarded because there is no Plex bubble.  The in game economy simply doesn’t work that way.  With no drastic outside changes – like the nerfing of thousands of multiboxed charaters –  Plex prices will only ever go up.

Then he’s moved on to “Plex price manipulation”, which is another way of saying “I don’t know what’s going on, so I’ll cry that other players are doing something!”.  It’s a repeat of the “everyone I don’t like is botting” scandal all over again.  Listen up Mox, it’s not price manipulation.  It’s simply people far more educated and wealthy than you chucking down their wallets to hedge bets on where the dip from these announced changes is going to stop.

It doesn’t end there though.  He was wrong, then he was wrong again, and now he’s made a third wrong assumption.  He’s talking about the Plex prices as if on 1st January we’re suddenly doing to see a massive drop in the Plex price where all the multiboxers stop buying them.  What he’s forgotten to consider (probably because he’s a fat, unemployed neckbeard sitting in his mother’s basement dreaming of being popular) is that the Plex for multibox characters will be bought and applied before the 1st.  It’s not like every multiboxer in the world was going to apply plex on exactly the 1st of January and now they won’t, it will be any time from last week right up to January, and the impact will reduce the closer we get to the live date.

Remember though, if you want to tell him any of this, you can’t do so on his blog, since he gets upset and deletes out any comments he doesn’t like (which includes anything that proves him wrong).

4 thoughts on “Market Morons

    • Yeah, he’s definitely not the market guru he pretends to be. He’s got about an average amount of isk for a trader, which is generally more than a non-trader, so he uses that to convince noobs he’s epic, when really he’s just sat there updating orders for years. Anyone with half a brain could do exactly the same. Most people just don’t because they have more important things to do with their lives than waste them away on a game.

      I just scammed myself up to 1T then retired. Was much quicker and doesn’t require me to sacrifice my life to do it.

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  1. I didn’t really thing about it like that until you said it, but yeah the plex price going down in January is a lot less likely than it dropping more now. Good spot.

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  2. I was actually thinking along the same lines as Moxnix, and expecting the price to continue dropping. You could be right though, it makes sense for people to stop buying now rather than later.

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