poe 3.25 Problems with Path of Exile's Auction House System

The new auction house in the S of Calore will allow offline selling, partial orders, and instant currency transfers. It will also include gold costs to prevent illegitimate activities.

### Analyzing the Potential Impact of Path of Exile's New Auction House
* 💰  The introduction of an auction house in Path of Exile's upcoming 3.25 league is seen as a positive move by many, particularly for its **offline trading capabilities** and **partial order filling options**.
* 🕰  The system is designed to be more accessible for all players, but concerns have been raised about **potential market manipulation** due to the **lack of visibility into individual sellers** and the **fixed gold cost structure**.
* 📉  Items with low liquidity may be vulnerable to manipulation, as the system only displays the **top five market ratios** without revealing the **number of individual sellers**.
* 💡  Suggestions for improvement include implementing **more detailed order book features**, adjusting the gold cost based on **item value rather than quantity**, and allowing **more than 10 individual buy or sell orders at a time**.
* ❓  Key unknowns include whether the auction house trading data will be accessible through the API, which could **significantly impact the development of third-party tools for market analysis**.
* 🌐  The potential for advanced trading strategies, such as using technical indicators like **RSI or Bollinger Bands**, will depend on whether **detailed trading data** is available through the API.
* 💬  The system's success may hinge on how well these potential issues are addressed, as they could impact the **fairness and efficiency** of the in-game economy.
* 📈  Overall, the auction house is expected to have a **significant impact** on Path of Exile's trading ecosystem, and its implementation will likely be **closely monitored** by the player community.

### Potential Issues and Recommendations for Path of Exile's New Auction House System
* ⚖️  The speaker discusses potential issues with the new Path of Exile auction house system, particularly around **trade manipulation** and **market pricing**.
* 📊  They highlight concerns about how the system may prioritize orders, potentially favoring **larger transactions or specific players**.
* 💰  The impact of gold costs and how they relate to the **total number of currency items**, rather than their value, is discussed as a potential **loophole for market manipulation**.
* 📈  The speaker suggests adding more transparency to the system, such as **showing the total number of buyers and sellers for each currency type**.
* 🛑  They propose measures to prevent canceling and relisting trades multiple times to manipulate prices, including **increasing gold costs for such actions**.
* 🔄  Another suggestion is to tie the **gold cost of canceling a listing** to the **volume of the currency item**, particularly for **high-value, low-volume items like mirrors**.
* 🔒  The speaker recommends adding a **third column** to the market ratio display to show the **total number of buyers or sellers**, providing more context for market conditions.
* 📝  They emphasize the need for **ongoing testing and potential adjustments to the system**, especially in the **early stages of implementation**.

[PoE 3.25] Trade SAVIOUR or CHEATERS Paradise? | NEW Currency Exchange in Kalguur

Belton

Discussing the New Auction House in the S of Calore

The video discusses the good, bad, and suggestions for the new auction house in the upcoming League 3.

The good includes the ability to sell items offline, partially fill or withdraw orders, and have instant currency transfer.

The video also talks about the potential issues with the auction house and provides suggestions to combat them, such as addressing illegitimate accounts and gold cost.

The Implementation of Gold in Path of Exile

The gold system in Path of Exile is designed to have minimal impact on endgame players, potentially leading to market manipulation.

The auction house will allow trading from the player's stash, but some items like rare beasts and maps are not included, causing frustration for some users.

The gold cost is based on mid-game content, which may not deter market manipulation and could exacerbate the issue.

The Impact of Game Content and Trading System in Poe

The game's "trivial" content is based on the perspective of average players, allowing for active trading and market play.

The new trading system's implementation may lead to manipulation and organized groups influencing low-volume items, potentially causing issues.

The game's decision not to implement a market purchase type order may prevent potential exploitation in high volume trading.

Inefficient Market Display in PoE Trade System

The current market display shows individual sellers and their listings, leading to potential market manipulation, especially for low-volume items.

The lack of transparency in showing the total number of sellers can easily allow organized groups to manipulate market ratios for their benefit.

This system could lead to predatory market practices, especially for items with low liquidity, raising concerns about fair trading in the game.

Problems with Gold Cost and Currency Items in Poe

The gold cost is tied to the quantity of currency items, punishing some items more than others.

Whales can easily manipulate the market indicators and put up buy orders exceeding what they are selling.

The maximum of 10 individual buyer sell orders at a time, coupled with the non-refundable gold cost upon order cancellation, discourages market price buy or sell orders.

The Impact of Auction House Changes on Trading

The reduction of gold cost for high-value items may lead to increased undercutting and more competitive pricing.

The potential for third-party tracking and advanced trading strategies through the API could significantly shift the trading landscape.

The implementation of queue priority and gold costs will be crucial in shaping the future of trading in the game.

Questions About the Functioning of the Auction House in PoE

The user is concerned about the tradeability and traceability of the auction house through the API, as well as how orders will be prioritized, particularly with the "first in, first out" method.

They also raise the issue of potential manipulation of the system by listing a small number of items at a lower price to bypass the queue.

The user is unsure about how the auction house will prioritize orders and whether it will use a lottery system or prioritize the least amount of actions.

Questions About Auction House Functionality

Will auction house listings be visible on the trade site for individual orders? Can a buyer or seller conduct transactions with themselves, and will there be measures to prevent self-purchasing? Is there any preventative measure to stop the exploitation of running two clients on the same computer for trading?

Clarifying the Market Price and Mechanisms of the Auction House

The market ratio raises questions about whether it is based on listings or successful transactions, and if it considers a weighted moving average.

The video raises concerns about how the market ratio could be manipulated, especially in low-volume markets, and the lack of clarity on the weighted moving average.

There are also questions about how the gold cost is determined, based on the total number of currency items or the value of the trade, and whether it will be scalable based on the currency's value.

Manipulating the Average Listing Price of In-Game Items

The average listing price of an item could be manipulated by repeatedly listing and delisting it, affecting its perceived value.

This could be especially impactful for high-value items with low availability, potentially driving the market price down.

One suggestion to combat this behavior is to increase the gold cost of canceled transactions based on frequency, similar to how global chat mutes work, to prevent manipulation of the listing prices.

Suggestions for Improving Trading Mechanisms in Poe

Implementing a scalable punitive measure for excessive trade cancelling and relisting could prevent market manipulation.

Tying the gold cost of canceling a listing to the volume of the currency item may help maintain updated prices and prevent undercutting.

Adding a third column to the market ratio to show the total number of buyers or sellers could provide a more accurate representation of the true market value.

Providing an indicator for level two data on the total number of buyers and sellers for each currency type may help prevent organized group manipulation in trading.

Unclear and Unfocused Feedback on Auction House Implementation

The speaker is concerned about potential manipulation in the auction house due to the limited display of data.

They also emphasize the need for thorough testing before implementing the new system to avoid issues faced in the past.

The speaker provides insights and recommendations for addressing potential impact and encourages viewers to stay informed about the changes.