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12-15-2005 @ 10:52AM
I've been playing the AH game since mid January, and have heard all sorts of frustrations vented towards prices, AH mules, and the like. The funniest thing to me is how the general consensus on the server is that if you have a lot of gold, you most like ebay'ed it instead of actually earning it.
I consider myself somewhat of a student of AH economics. I find it funny when people complain that the price of something is too high, that an item isn't "worth" that much on the AH. It's simple supply and demand, though. Take Copper Bars. They go conistently on my server for 85s-1g per stack. People complain about that all the time, saying they're not worth that much. But if they're not "worth" that much, why do they sell consistently at that price?
The truth of the matter is that the worth of the item is the value at which the majority of folks are willing to buy said item. You might see Copper prices spike to 1.5g or fall to 60s per stack, but they always even back out at around 80s-1g. Equilibrium.
Is it ethical to aggressively price items? Sure. If someone is willing to pay that much, they'll purchase the item. If no one is willing, you'll have your item back in your mailbox in 24 hours (or 8 or 12).
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