Trader Guild system is an awesome concept when used as intended.

Unfortunately, between the monopoly, corruption and accumulated wealth, just like in the real world, 1% of the games population controls all the viable Traders.

Much like Wall Street, except no checks and balances and no way for any investigations to look into gold selling & other unethical activities being carried out within said system.

was wondering if the one week of posting this was gone, havent seen a new thread about it in two weeks !!!

its quite simple, this game has a unique and special trading system, that stands out from other mmos, which makes this game so great and special, that it dont follow the same way all the time of other mmos.

TheStealthDude wrote: »

The "elites" can manipulate a central auction house much easier than the guild trader system.

Not really, it's the same either way. It's actually better for the "Elites" to take advantage of this system than an open auction house cause they have the rights to sell in the most populated areas as the rest of the game does not.

The user and all related content has been deleted.

I knew there was something missing from the forums this week!

This has been an ongoing issue since betas and for what it's worth I would like an AH as well but it's not going to happen.

bitels wrote: »

The first person to post the dead horse gif on auction house threads should automatically get 10 awesome.

Why can't people just accept that we don't have an auction house and there are no plans to ever have one.

Want to know all the likes and dislikes for auction house verse guild traders? Use the forum search bar.

Now income the cartel conspiracy theorist.


Oops appears I am to late

TheStealthDude wrote: »

The "elites" can manipulate a central auction house much easier than the guild trader system.

Yes this. In 2 other games I played with a global auction system it was heavily manipulated and hard to make any money. With 1000 of the same item in one place, you make pennies on the dollar for things. Plus, the booths are more realistic for the technology represented in the ESO game world. A global one stop shopping location connecting multiple vendors is a modern day thing, and not at all realistic for tamriel. I don't see any department stores, computers, or linked inventory with point of sale systems, therefore a global auction house would be lore breaking, would it not?

At least on Xbox it is quite easy to get into a trading guild or three with little or no fees.

alexkdd99 wrote: »

Kyle1983b14_ESO wrote: »

TheStealthDude wrote: »

The "elites" can manipulate a central auction house much easier than the guild trader system.

Not really, it's the same either way. It's actually better for the "Elites" to take advantage of this system than an open auction house cause they have the rights to sell in the most populated areas as the rest of the game does not.

Anyone can sell. There is a reason that there are always traders that don't get bid on. There is a reason that there are always spots open in the prime location trade guilds I am in. So no, anyone can participate in the current system if they choose to.

By the open spots in the prime location trade guild I am in it is obvious that everyone doesn't wish to sell in the main trade locations.

Yeah, but how does one new person manage to give a guild bank 30-50k a week as payment for the trader if they just started?

New players / returning players would have a much better time using a server wide market place to do business than to upkeep a guild trader like that in a prime location. Not sure why everyone's against this auction house idea its working in every single MMO to date, and not one has changed it.

Kyle1983b14_ESO wrote: »

alexkdd99 wrote: »

Kyle1983b14_ESO wrote: »

TheStealthDude wrote: »

The "elites" can manipulate a central auction house much easier than the guild trader system.

Not really, it's the same either way. It's actually better for the "Elites" to take advantage of this system than an open auction house cause they have the rights to sell in the most populated areas as the rest of the game does not.

Anyone can sell. There is a reason that there are always traders that don't get bid on. There is a reason that there are always spots open in the prime location trade guilds I am in. So no, anyone can participate in the current system if they choose to.

By the open spots in the prime location trade guild I am in it is obvious that everyone doesn't wish to sell in the main trade locations.

Yeah, but how does one new person manage to give a guild bank 30-50k a week as payment for the trader if they just started?

New players / returning players would have a much better time using a server wide market place to do business than to upkeep a guild trader like that in a prime location. Not sure why everyone's against this auction house idea its working in every single MMO to date, and not one has changed it.

Where in the world did you come up with giving 30-50k a week? The most expensive dues on xbox are 10k, with the least being free.

If it is a new player I would think they wouldn't have enough to sell to warrant a prime location trader and could get by on smaller traders.


Yes and guild traders are working for this mmo, which is all that matters.

It's pointless to continue posting about it considering zos has stated a few times they are not even considering an auction house. And yes even me posting this is pointless but oh well.

Yoga.isDrunk wrote: »

Every mmo I have played has public auction houses except this one ...

ESO is special. Be proud, you are part of it.

Kyle1983b14_ESO wrote: »

alexkdd99 wrote: »

Kyle1983b14_ESO wrote: »

TheStealthDude wrote: »

The "elites" can manipulate a central auction house much easier than the guild trader system.

Not really, it's the same either way. It's actually better for the "Elites" to take advantage of this system than an open auction house cause they have the rights to sell in the most populated areas as the rest of the game does not.

Anyone can sell. There is a reason that there are always traders that don't get bid on. There is a reason that there are always spots open in the prime location trade guilds I am in. So no, anyone can participate in the current system if they choose to.

By the open spots in the prime location trade guild I am in it is obvious that everyone doesn't wish to sell in the main trade locations.

Yeah, but how does one new person manage to give a guild bank 30-50k a week as payment for the trader if they just started?

New players / returning players would have a much better time using a server wide market place to do business than to upkeep a guild trader like that in a prime location. Not sure why everyone's against this auction house idea its working in every single MMO to date, and not one has changed it.

I'm in 4 guilds that consistently get traders(each has higher than 75% weekly). Two require a sales of 5k and 10k a week, only donations if you can't make that amount. That's not hard. Nirnroot goes for about 300 each, so that's 17, and 34 a week. Columbine is about 200 so that's 25, and 50 a week. Raw iron ore goes for about 30 each, so that's 1 or 2 stacks a week. Even for a new player that isn't a huge requirement, and are amounts you can easily get questing. My other two guilds without dues have worse locations, an outlaws refuge and hollow city. Still any trader is better than no trader, and they can afford it without dues or sales requirement. Though I'm on PC NA, so probably the prices are a little different based on where you play.

lordrichter wrote: »

"Auction House. There's been some questions about whether that's something we're ever going to consider. It's not something that we plan on considering. While global auction houses would be convenient, they are not ideal for the economy of the game, so it's not something that we're planning to do."
--Jason Leavey, ESO Live #15, April 10, 2015

"No. Sorry."
--Gina Bruno, ESO Live #15, April 10, 2015

https://www.youtube.com/watch?v=7D0_q6cfhsE

I think we all agree on this though : Where is Jason and his amazing hair?

We. Don't. Need. One. Okay?

I am hoping this helps explain things a little bit. Since I played WoW for a lot of years and proved how easy it is to ruin an economy of scale in an MMO just by doing it, there was obviously quite a bit of thought into the idea of guild traders in this one.

First, economies of scale (I am sure after my first 140 characters, this is a TL;DR one) - all that really means is the economies scale to the society. We, in ESO, are trying to apply western style economics of a real good based system, into a virtual world. Those AH's in games like WoW and evercrack. Why this doesnt work - because those economies can be ruined very easily. Lets take leather scraps for example - applying the "free market" economic rules to it, the one who sells at the lowest price will always get picked first and it follows supply and demand theory. Then the next lowest, then the next. And so on. Generally, these prices stay very close to one another....A stack of 200 scraps for 1000 gold....next one is 1100, and so on. Well, this is all fine if everyone follows that trend - but what is stopping me from getting on and farming 10 stacks of 200 and selling it at 100 per stack?

The immediate answer is what I invested in it, right? No. Because we cant applie a real goods economy of scale into a virtual one. We arent talking about skinning real animals, putting real work inm investing in real tools, etc. In a virtual world, the only true investment is the time. What I am losing by spending 3 hours farming those scraps on a cartoon character? Nothing...but I can sure as hell kill the economy and the whole craft system (because now everyone can afford scraps to make them master crafts and sell the best gear" everyone is now equal. At that point, there really is no point in selling anymore because the market was flooded - and no real work was put in.

How do guild traders resolve that? because the market is dispersed. You have to invest the time into "finding the best prices for virtual goods and materials" which often results in "screw it, I dont feel like wasting time running around to every guild trader to save a few gold" - so you cannot severely undercut the market because they market isn't that connected (well imagine that, tamerial has no internet, so we can search an entire world for the best price - hmm, neat concept). The guild traders are ultimately "store fronts" and in fact, help tamper the the accumulation of wealth to corner the markets - which ultimately makes gold farming of these gold selling leeches, very hard to do and not profitable. How? Making guild compete at 3, 4 and 5 million a piece per week, keeps the currency "moving" in the virtual economy. So it doesnt behoove anyone to acquire so much wealth to where it is worth to sell it to one person. And items that cost a lot, cant be horded and the price controlled because it is too much of a hassle to see who is selling what and for how much. Again - this is designed as such in a virtual world where we dont have sales force software (or any electronics).

So in essence, this works 3exactly how an economy of scale should work in a virtual medieval fantasy world should.