Absolutely. There's no reason to say no. People think a global auction house would allow select players to control the market. They're already doing that now. Only difference is we have to run around 20 different areas to find what we're looking for
Carbonised wrote: »ARGUMENT FOR A GLOBAL AUCTION HOUSE:
The two main arguments in opposition of a global auction house are:
1. Undercutting the competition, leading to a race to the bottom in terms of pricing
2. Cornering the market, leading to price gouging
These two arguments lack merit.
A global auction house allows supply and demand to take their natural course and lead to an equilibrium of price.
Cornering the market is tough, even with add-ons. This is because the volume of items is so high and every single person in the game has the ability to sell items, resulting in a very large and constant supply - one that can easily outweigh the demand, making it unprofitable to buy every single quantity available. Even with low-volume items and attempts to price gouge, there will come a point where people decide the higher price is not worth it and either forgo the item or farm it on their own, or they will get it off-market. Either way, the price gouging sellers do not make the sale, and no profit results, forcing them to lower the price to the point where it sells at the desired volume (in a way that maximizes total sales dollars).
And then there is undercutting the competition, leading to a race to the bottom in terms of pricing. So this means that within a month of the global auction house going live, every item will be selling for one gold? Of course not. Just as there is a price ceiling set by the buyers, there is a price floor set by the sellers - at some point, they will decide it's not worth selling an item for a lower price. If this were not the case, then every item would be available for one gold.
Well, this argument is wrong on both accounts.
There is already significantly undercutting going on, for instance mats, tempers, furniture. In the large trade guilds such as Craglorn, Mournhold and Rawlkha (im in all of those places), there is already significantly undercutting and price wars going on. Price your item reasonably, and you can be certain that someone will price theirs a few hundred lower. You can then undercut their price and relist, or watch your item sit in the guild store until it drops into the back pages and never sells.
For many of the "normal" items that aren't too hard to get, such as mats, tempers, furniture, this would be even exacerbated.
There is also significantly price fixing going on in the other end of the market, with the rare furnishing plans, the Armiger motifs and rare motifs, and other goods that are few and far in between, but sell for a lot.
"Flipping" is very common in the large trade guilds, and there are several people who make a living out of not only flipping, but also buying furnishing recipes and Amiger motifs to control the market, and resell them for twice or thrice the price.
This has become even worse in recent time, and TTC is a very convenient tool to help them along that path. In fact, with TTC, we de facto already have a universal auction house at least on PC servers. "Good deals" are long gone by the time you get there, and you're better off just looking for your item via TTC than traveling from trader to trader to try and find a bargain.
I don't like either of these phenomenon, undercutting in the low end of the market and price controllers in the other end of the market, and a universal auction house would only make both of these penomenon worse than they already are.
Shezzarrine wrote: »Sigh, he finally ran out of topics to post about so now he is just copying threads that already have thousands of other posts.
xb1LL_mr_sir_LL wrote: »anybody that wants an auction house has no idea of the competition theyll face.
Do you want a global auction house?
Arguments for and against are below.
Do you want a global auction house?
Arguments for and against are below.
somebody said "the debate to end all debates" - does that mean there will be no more threads on the subject?? cuz THAT I'd vote for!!
seriously people...it's different. It works differently than a global AH - it's better in some ways, worse in others...but I can still buy stuff I need off of it, so it still works at it's most fundamental level - does "difference" really merit the unrelenting 3+ years of "I WANT THINGS BACK THE WAY EVERYONE ELSE DOES THEM"??
...sigh...
Do you want a global auction house?
Arguments for and against are below.
somebody said "the debate to end all debates" - does that mean there will be no more threads on the subject?? cuz THAT I'd vote for!!
seriously people...it's different. It works differently than a global AH - it's better in some ways, worse in others...but I can still buy stuff I need off of it, so it still works at it's most fundamental level - does "difference" really merit the unrelenting 3+ years of "I WANT THINGS BACK THE WAY EVERYONE ELSE DOES THEM"??
...sigh...
But every mmo should copy WoW, just how WoW copied Swg
This, then buying in an guild store you rarely bother to find the cheapest option even with TTS / master merchant unless you buy materials since they are common and can also be expensive purchases.xb1LL_mr_sir_LL wrote: »anybody that wants an auction house has no idea of the competition theyll face.
This, then buying in an guild store you rarely bother to find the cheapest option even with TTS / master merchant unless you buy materials since they are common and can also be expensive purchases.xb1LL_mr_sir_LL wrote: »anybody that wants an auction house has no idea of the competition theyll face.
For rarer items you do not you buy if price is reasonable.
This does not apply to an global auction house. ESO population is not as large as WOW but wow has hundreds of servers, eso has only 6.
Now fixing QoL issues with shops as in text search and more options is an higher priority, like how MM let you have an history of searches so you can search for groups of items in multiple shops.
Search would be pretty required in an auction house anyway or you would never find anything.
No it makes for a more unique setting and a feeling that there is actually traders and guilds that do trades, then one NPC action house which its just outright a lazy simplistic system.
The UI and system for needs improvement as with guild UI and system
No it makes for a more unique setting and a feeling that there is actually traders and guilds that do trades, then one NPC action house which its just outright a lazy simplistic system.
The UI and system for needs improvement as with guild UI and system
Not lazy if everyone agrees with it, people that can't play 2+ hours a day love the Global Auction house
No it makes for a more unique setting and a feeling that there is actually traders and guilds that do trades, then one NPC action house which its just outright a lazy simplistic system.
The UI and system for needs improvement as with guild UI and system
Not lazy if everyone agrees with it, people that can't play 2+ hours a day love the Global Auction house
Every poll on the subject has shown to not be in favor of an AH
No it makes for a more unique setting and a feeling that there is actually traders and guilds that do trades, then one NPC action house which its just outright a lazy simplistic system.
The UI and system for needs improvement as with guild UI and system
Not lazy if everyone agrees with it, people that can't play 2+ hours a day love the Global Auction house
Every poll on the subject has shown to not be in favor of an AH
Because they're all alt accounts
No it makes for a more unique setting and a feeling that there is actually traders and guilds that do trades, then one NPC action house which its just outright a lazy simplistic system.
The UI and system for needs improvement as with guild UI and system
Not lazy if everyone agrees with it, people that can't play 2+ hours a day love the Global Auction house
Every poll on the subject has shown to not be in favor of an AH
Because they're all alt accounts
No it makes for a more unique setting and a feeling that there is actually traders and guilds that do trades, then one NPC action house which its just outright a lazy simplistic system.
The UI and system for needs improvement as with guild UI and system
Not lazy if everyone agrees with it, people that can't play 2+ hours a day love the Global Auction house
Every poll on the subject has shown to not be in favor of an AH
Because they're all alt accounts
No it makes for a more unique setting and a feeling that there is actually traders and guilds that do trades, then one NPC action house which its just outright a lazy simplistic system.
The UI and system for needs improvement as with guild UI and system
Not lazy if everyone agrees with it, people that can't play 2+ hours a day love the Global Auction house
Every poll on the subject has shown to not be in favor of an AH
Because they're all alt accounts
Do you want a global auction house?
Arguments for and against are below.