So, CCP a while ago said that they were trying to move away from a model of people hoarding PLEX as an investment towards one where people spend it as currency (somewhat ignoring he fact that people save real currency for various reasons). I didn't immediately see anything changing in that department, particularly as it would probably involve them changing their sales model which has proven successful for getting PLEX used and off their balance sheet, an important accounting step.
however, recently CCP has been adding bonus PLEX to their real money store packs, injecting more into the economy. This has caused persistent PLEX price falls in the market:
Normally this would simply present an opportunity, a temporary price to drop where you could pick up cheap PLEX and use them in the next NES sale. But there have been a few real money packs with bonus PLEX and no major NES sales since that announcement of a change of course, so I feel this approach may be what their plan is, at least in the mid term. I had been holding 24,000 PLEX for use in the next big NES sale or for game time, but with the value of that falling and no immediate end in sight I decided to simply sell it all for 5.75mil each. This represented an on paper loss of about 6Bn from where I bought it but it does give me a bit of stability, and when I need to PLEX my industry accounts I can just buy PLEX on the spot. I now have nearly 200Bn ISK sat in wallets (need to make trade runs) so I can use that money to try and refocus on the core fundamentals of my trading business.
Organising my characters
On the Industry side of things, the falling price of salvage due to the new exploration sites has meant I am basically undergoing a sisyphean task of trying to make money faster than the price of my goods falls. Salvage prices will hit an equilibrium at some point, but until then the prices of rigs falls, so my sell orders fall and I lose money. I am still able to produce on paper profits and my Mobile depots are still reliably producing 120-150mil banked profit per day though, so it's not all bad.
I've decided to write down what I'm using each character for, and what I'm aiming for as well. I'm pretty bad at fully utilising all my slots and I'm hoping having a reference sheet will aid me in getting a more focussed operation rather than starting to set something up and then forgetting what I was doing when I next log in.
Early days and very rough, but at least gives an idea of how I'm organising things at the moment. It also clearly flags gaps, i.e. that I need to address the training of my first account as it's a bit directionless at the moment and that I'm doing absolutely no reactions right now, missing out on a potential revenue stream.
Speaking of null, the new exploration sites have pushed the prices down but they have lead to an abundance of supply of salvage in null. Whereas previously I'd have to ship in extra from Jita if I wanted to use more than 3 slots for rigs, costing money and more importantly time, now I can go after rig production really easily right out of staging, which is nice.
change always offers opportunities, you just need to roll with the punches!
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