poe 3.25 Path of Exile Auction House: Good, Bad, and Unknown

The new auction house in Path of Exile offers benefits like offline trading, but potential issues arise from gold cost and market manipulation.

### Potential Implications of Path of Exile's New Auction House System
* 🏷️  The new auction house system in Path of Exile will allow **offline trading**, **partial order fills**, and **instant currency transfers**, benefiting players worldwide, especially those in **less active time zones**.
* 💰  The introduction of a gold cost for trades aims to **deter illegitimate activities**, but its impact may vary depending on the **item's value and liquidity**.
* 📊  The auction house interface displays market ratios without revealing the total number of sellers, potentially enabling **market manipulation for low-volume items**.
* 🕵️‍♂️  The lack of API tracking for the auction house could prevent the development of **advanced trading tools**, leveling the playing field for all players.
* 🏭  Items like **rare beasts, maps, and incubators** are not included in the auction house, potentially limiting its usefulness for certain trades.
* 🕰️  The gold cost is fixed based on the **quantity of items**, not their value, which may disproportionately impact **lower-value items** like alterations.
* 🏦  The **10-order limit per player** could discourage market speculation and limit the impact of **price fluctuations based on time zones**.
* 🔮  The success of the auction house may depend on **future adjustments and player feedback**, as it represents a **significant change to Path of Exile's trading system**.

### Potential Issues and Recommendations for Path of Exile's Auction House
* ⚖️  The speaker discusses potential issues with the upcoming auction house in Path of Exile, particularly focusing on **market manipulation** and **unfair advantages**.
* 📊  They raise concerns about how the auction house will prioritize orders, suggesting that it could lead to **potential manipulation**, especially for **low-volume items**.
* 💰  The speaker questions how the gold cost for transactions will be calculated, suggesting that it should be **tied to the value of the currency being traded** rather than just the **quantity**.
* 📈  They propose adding a third column to the market ratio display to show the **total number of buyers or sellers for each currency**, to prevent **organized group manipulation**.
* 🔒  The speaker suggests implementing **compounding punitive measures** for canceling and relisting trades, similar to how **global chat mutes work**.
* 💻  They recommend providing more transparency on the auction house, such as showing the **total number of buyers and sellers**, to prevent potential market manipulation.
* 🎮  The speaker emphasizes the importance of **player testing** for the auction house system, to ensure that it is **fair and balanced for all players**.
* 🏆  Overall, the speaker expresses **excitement for the auction house's potential**, but highlights the need for **careful implementation and ongoing adjustments** to address potential issues.

[PoE 3.25] Trade SAVIOUR or SCAMMER Paradise? The NEW Auction House

Belton

Discussing the New Auction House in Path of Exile

The new auction house in Path of Exile will allow offline trading, partial order filling, and instant currency transfers, benefiting players from all over the world, especially those in different time zones.

The addition of a gold cost to trading is aimed at reducing illegitimate activities and breaches of the game's terms of service.

Fus, the NPC controlling the auction house, can be invited to the player's hideout, providing easy access to the auction house's functionalities.

The Impact of the New Gold System in Path of Exile

The new gold system in Path of Exile is designed to scale with low-level content, making it punitive for those engaging in illegitimate trading, while being trivial for endgame players.

The system allows players to pull items from their stash for trading and will coexist with the classic trade site.

However, it may not include some bulk items like rare beasts, causing frustration for some users, and its focus on mid-game could potentially lead to market manipulation in the endgame.

The Impact of Game Changes on Trading and Market Manipulation

The game's new trading system may allow for more active participation in the market, but not infinitely.

The system's simplicity in showing market ratios could potentially lead to manipulation and trading issues.

Unlike real-world financial markets, the game's system does not implement a market purchase or limit order, which could affect trading transactions.

Analyzing Market Conditions and Manipulation in Online Trading

Individual sellers' listings and available quantities are being aggregated in the order book, potentially masking the true number of sellers and allowing for market manipulation.

The presentation of top book orders, without showing the total number of sellers, can create a high potential for organized market manipulation, especially for low-volume items.

The system's focus on the top five book order values may make items with low liquidity susceptible to manipulation and organized market abuse.

Problems with Currency Item Trading in Poe

The gold cost is associated with the quantity of currency items, punishing some and having little impact on others.

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

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

The Impact of Auction House Trading in the Game

The high-value items are being undercut by a small percentage, while lower-value items experience larger price fluctuations, impacting traders differently.

The limitation on the number of individual purchases and sales orders, especially for those in different time zones, is seen as a potential problem for traders.

The unknown factors, such as whether Auction House trading will be trackable through the API, and how gold costs and queue priority orders will be implemented, are the key areas of concern for the success of the auction house.

Questions About the Functioning of the Auction House in PoE

Will the auction house be tradeable or traceable through the API, and how will it prioritize filling orders for items with the same price? The conflict of interest between users and the practicality from the server side raises questions about the prioritization of filling orders and the potential for manipulation.

The system's functioning and prioritization methods will significantly impact trading, especially for highly liquid items, and may lead to strategic manipulation of order filling.

Auction House System and Potential Market Impact

The auction house system's integration with the trade site and prioritization of listings can significantly impact market dynamics and manipulation.

The ability to conduct self-transactions and run multiple clients raises concerns about potential exploitation and market price manipulation.

High-volume traders could potentially exploit the system to manipulate prices, posing a challenge for market stability and fairness.

Clarifying the Market Ratio and Gold Cost in Auction House Transactions

The market ratio's basis and calculation method need clarification to prevent manipulation and ensure fairness.

There is a need to determine whether the gold cost in auction house transactions will be based solely on the total number of currency items or if it will account for the value of the trade.

The impact of successful transactions versus current listings on the market price needs to be addressed, especially in terms of the gold cost calculation.

The Impact of Currency Item Manipulation on Market Prices

Manipulating the listing price of an item multiple times without actually selling it could potentially impact the average price of that item.

The gold cost associated with the total number of listings, rather than the value, may allow for manipulation of the market price, especially for high-value items.

One suggestion to combat this behavior is to increase the gold cost of canceled transactions based on frequency, similar to the system used for Global chat mutes.

Suggestions for Improving Trading Practices in a Online Game

- Implementing a scalable punitive measure to prevent abuse of the trading system, such as tying the gold cost of canceling a listing to the volume of the currency item.

- Adding a third column to the market ratio to show the total number of buyers or sellers, which would provide more transparency and accuracy in the market value.

- Tying the gold cost to the value of currency, not just the amount of currency items, and providing an indicator for level two data on the total number of buyers and sellers to prevent organized group manipulation.

Need for Transparency and Testing in the Auction House Implementation

The level two data in the auction house, showing the top five bids, is easily manipulable if not accompanied by information on the number of individual accounts involved in the transactions.

The speaker expresses the need for extensive playtesting and gathering macro data from thousands of players to ensure a smooth and fair rollout of the auction house.

There are concerns about potential disproportionate purchasing power and the impact of the auction house on the player base, emphasizing the importance of addressing these issues before implementation.