Auction House Removal

[Llir 5713]

 

The Administration has decided to test the idea of removing the Auction House for at least one month. This is after having this requested by the community many times over recent years. 

 

Feel free to make feedback threads to discuss the benefits/negatives you see, and it will be taken into consideration following the conclusion of the test.

 

As of today you you cannot place new items up for auction. Existing auctions will conclude as scheduled and unclaimed items will be distributed to your item caches should the system be permanently removed.

 

Cheers.

[itdontmatta 7192]

Thank you Llir.

[BonesOfTheEarth 1563]

How can I sell dumb rp items for massive amounts of money now

Spoiler

I like it good work folks

 

[HIGH_FIRE 4106]

Please implement a notice board system where players can put out requests for certain items and materials, offer a payment of any kind, for all to see, it would offer a nice two way street that will be conducive to roleplay and also realistic

[Gemini 1639]

Finally!!! Though please make something to allow selling basic unsigned items. Ain’t nobody got time for gathering blocks to decorate their house. 

[AnimeWolf0080 1493]

Cries in no longer being able to get cool items or food for new plays on the AH.

[Fireheart 2767]

YESSSSSS, now I'm forced to roleplay to get things I need!

[Legoboy7984 2441]

Boooo

[excited 10833]

[Knights5544 472]

I've spoken about this before, but I personally do not believe that Lord of the Craft's economy is currently stable enough to support the idea of removing the auction house. This is going to cripple the global economy as it'll only serve the purpose of limiting the opportunity to generate liquidity and create supply bottlenecks within the economy which will definitely impact the value of the mina. Currently the only instance in which additional money gets injected into the money supply is through voting alone. In prior years there was a very functional and well thought-out plugin which enabled people to become traders and deliver supplies via llamas across the map to NPCs for pocket change, this - in combination with voting - allowed for players to have multiple opportunities to acquire minas, this helped smooth out the economy as it meant that there was another means of increasing the money supply aside from voting. Maintaining liquidity is essential to creating a strong economy, the fact that the only way the money supply is increased is through voting impacts liquidity among other things - limiting the auction house is going to have a similar effect.

 

Believe it or not but I'm actually a big advocate of things such as removing the auction house, but LOTC in its current state is NOT going to be capable of handling such a removal unless we create more opportunity for players to be able to gain minas/compensate for the lack of liquidity. The removal of the auction house will likely mean that the rich will get richer (due to being able to fall back on taxes) and the poor will get poorer (due to not having a convenient way to sell their goods, nor acquire convenient minas to be able to buy goods from others).

 

I'm part of the economy team for a separate server, while I'm definitely not the brightest person on that team - nor the most technically minded - I feel like I can confidently say that this is a bad idea.

[bumblefina 2244]

[rukio 8909]

Man.

[Knights5544 472]

1 minute ago, satinkira said:

 

is this a meme I can't tell

How is this a meme? What did I say that's factually incorrect? 

[argonian 12836]

28 minutes ago, HIGH_FIRE said:

Please implement a notice board system where players can put out requests for certain items and materials, offer a payment of any kind, for all to see, it would offer a nice two way street that will be conducive to roleplay and also realistic

the trade subforum

[Unwillingly 11106]

I still think it should be considered that AH is a great resource for building materials and food. If it comes to a point where these things become more of a grievance than they are an RP incentive (which, lets be honest, most people do not regard mechanical hunger or building blocks as RP enhancers) I don't think it'd hurt to offer some form of restricted AH that only offers those two categories, or at the very least, easier access to building materials since resource gathering on this map is so abhorrent. RP items and books should be totally disjointed imo