Auction house domination

Wait, so you’re trying to tell us that it’s YOU who’s responsible for the multiple trash pages we all have to scroll through to buy the full stacks of anything?

Ok great. Good to know. Why don’t you just sell full stacks and make it a bit easier for buyers?

Also, please don’t increase it to 10 pages… That would annoy the hell out of literally EVERYONE.

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Exactly. I’m trying to get blizzard to know my methods, so someone else doesn’t do it as well. Imagine if I moved on to mageweave, runecloth and felcloth. Bought out pearls and leather as well?
I mean earning passively on linen, wool, silk and slowly eating out the other sections

teach me master

Wait… I’m not quite understanding the problem here. Is this a troll, guys?

This is as old as marketspace have been a thing. Its called “cornering a market by buying out the competitor” as, a product is worth exactly as much as someone is willing too pay for said item.

And how much people are willing too pay increases for every day the game is live.

I’m not at all a troll. I own 10 pages of linen cloth on AH. 5 pages wool cloth. In a moment 10 pages silk cloth. I’ll be having a passive income of about 5 gold per day after tonight. If Blizzard doesn’t make a move I could easily go into Runecloth, Mageweave, Felcloth And than forwards into owning most of AH. I don’t have to care about other people selling anything. Because I sell for roughly 5 times the prices.

I punch up the prices and force people to buy at my prices because they can’t find the other cheaper items without addons and even so I’ve found a way to slowly eat out the addons as well.

Yes, that’s how it works in World of Warcraft. You can change prices if you buy everything out. The AH is a game in its own right.

But given that the things you’re “monopolising” are extremely common and replenishable items, people can keep putting up more and undercutting you. You can’t be on there all the time buying stuff so I doubt you hold all the cards.

What you need is do the same thing with slightly rarer items that don’t get put up ten times per second.

This is completely normal. It’s also not against the rules.

It’s called “playing the auction house”. I cornered a market in Cata/MoP of low lvl enchanting mats, transmog as well as JC gems. I made hundreds upon thousands of gold legitimately through playing the auction house. It’s one of my favourite things to do.

It’s not against “the rules”, you’re just playing for profit. I don’t know whether you’re trying to brag, troll or just a bit dim honestly.

The AH is a free market run by players and works on a supply and demand basis. Flipping on the AH is a standard way of making gold that has existed in it’s entire 15 year duration.

It is even part of guides on sites like wowhead

Flipping - The Art of Buying Low and Selling High

Flipping is one of the most lucrative ways to make gold in the live game. You rely on having a decent amount of capital and utilizing it to buy items when they are cheap and then reselling them for a higher value. In Vanilla we can expect prices to fluctuate a lot and it will take a long while until we reach any sort of stable equilibrium.

It will generally be quite hard to accurately value your items, which provides a massive opportunity for players looking to flip as well as a risk. Below is a list of potential items and markets where flipping may make sense based on my experience from the live game and what items are likely to be in demand in Classic.

  1. Materials, particularly materials used in consumables

  2. Bind on Equip world drops / Dungeon drops / Raid drops

  3. Rare recipes

Yeah guys, I think you misunderstand. This isn’t about the economics, the free market or the “playing the auction house”.
Those are common things. If you think I’m dim, trolling or attempting to brag. Please do pop by Razorgore AH and check out linen, wool or Silk.
I know what flipping is, I’m trying to break apart the Silk cloth flip. 35 silver to 40 silver. I’ve figured that one out. Now I’m selling it at 50silver, so no one can use that loop hole anymore.

You literally are doing just what we described to you.

It is called cornering the market.
If you have money, you can buy everything you want of a certain thing, then re-list it at a higher price.

As long as the thing you are listing is selling fast, you don’t need to worry about undercuts.

This is not a secret or a “loop hole” this exists in the real world too you know, hence why the definition exists.

How can you tell us it’s not flipping, then describe what you’re doing as flipping in the very next sentence? Are you moontouched elf?

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Yes. Having gold to invest allows you to control the market like this. Cool isn’t it?

Ok, I accused the OP of trolling, and to an extent he is, but I see the angle now. His post is a wind up on the borderline scammy practice of posting overpriced 1c auctions that the antiquated AH interface would show first. You can overcome that with addons, but post enough pages and even addons grind to a halt. It’s generally done for 0 deposit items(either due to design or low value) - but any widely available item can work as long as the markup is high enough. In fact it’s the opposite of cornering, where prime target are low velocity, niche items, the goal here is not to change the going price for an item, but to clutter the AH with items until it becomes too time consuming to dig for the lowest buyout option.

I’m someone who’s very keen on the economical playstyle, going back to the day of d2 trading, but the practice is too scummy for my playbook. The counter against it is to routinely bid about 50% of the bottom end of the market price for that commodity and thus get the poster to lose significant money from cancelling an auction that has a bid. But for this to be effective you need a mass bidding addon and so far Auctionator is not capable of that(TSM might, haven’t taken the time to delve into it). It requires market knowledge, time commitment and having a sizeable chunk of capital stuck in bids, so it’s only worth doing to drive out the practice from the niches you operate in, not something one would do for the greater good of linen buyers.

Yes exactly, and to further develop the strategy two things were added onto the above statement.

  1. Don’t think you can go from the other side of the AH, because I’m cludding that side with bid 30g and buyout 32g.
  2. if anyone tries moving my bid 1c up to bid 30c and selling their own for 1c. I can bid theirs to 35c and since they’re usually doing stacks instead of 1 pieces. this will be a victory for me. Also, if you cancel linen, there’s no fee, which is where the engine starts.

Once I have to pay fees for cancelling wool, I’m earning from linen to not mind cancelling wool

Why are you all feeding the troll

Good luck

It still doesn’t work though. I’ve tracked the price of linen from day one and there is this player called whitepage who does this very practice and sets the cost to 2s. However the selling cost of linen is not increasing, the trick just doesn’t work for more than a few very very impatient people.

Most people have auctioneer anyway! Though you have my sympathies that you’re investing so much of your finite time on this planet, to sell linen :smiley:

Thank you for taking the time to post on our humble forums here, but if you could go back to saving the universe now that would be great, thanks.

Passive income that relies on people not undercutting you and buying out your stock on a daily basis, while the stock is extremely common and easy to replenish, and spending probably over an hour a day doing so, for a profit of 5g. You could make more money farming random mobs in the world.

But i know, you’re going to lie and claim it takes you a minute a day and you never encounter any issues.