4am: Bob posts X item for 1g
5am: Marina posts X item for 1g
6am: Laura comes and purchases X item for 1g
Now whos items was sold? Was it Bob’s or Marina’s?
Yes 
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Marina’s item sells first.
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It’s a Last In First Out, in an attempt to reduce the need for undercutting.
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um… this only ensures that you need to undercut because now you have to remove all your junk from the auction and put them on for less to force other people out of business.
They need to make it so that there is no timer on the sale and the first on will be sold for this to work, undercutting exists because of limited time on your sales, not because people want to sell cheaper.
Idk,who sell first,but i do know i am not able to sell anything 
,it seems lower deposit cost encourage people to undercut more(i asume with addon gold makers have),so i had to repost same stack of 200 monelit ore which i got from mission table few times.
Then after few manual reposts i finaly made a sale !
and recived 7gold in mailbox,becouse someone bought a few ores out of stack of 200
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exactly that!
Mostly because people want their stuff to sell first, even if they must sell cheaper. Ain’t rocket science.
With a First In First Out folks would undercut anyway, while now with a LIFO they also have the option of selling for the same price and still be the first one to sell their items (at least compared to the previous auctions)
No, you don’t need to put the items again for less, if you put the items again at the same price. So in your example, Bob posts X item for 1g and later Marina posts X item for 1g, if Bob wants his items to sold first he will need to cancel the auction and put them again for 1g. Now Laura will buy Bob’s items because he is the last seller
But that won’t happen. Even if Blizzard made so the first one, Bob posts, even with that change Laura will still be buying from Marina and not from Bob because Marina won’t post X items for 1g, she will post those items for 99 silver, and she will be first because her items are 1 silver cheaper, no big loss for her.
Marina only lost 1 silver, but Bob could enter the undercutting fight and post the items again for 98 silver, and Marina then 97 silver and so on, until someone stop because is no longer worth it, and the one who keeps the auction may sell his items but probably the money decrease will be noticeable. Every seller loose.
No, undercutting happens because people want their own items to sell before anyone else, if Marina knows that posting items at 99 silver will mean she will sell the items but posting it at 1 gold means Bob will sell the items Marina will choose 99 silver because Marina only cares about how much will sell her.
If you are a seller you should prefer 8.3 system. You choose what seems best to you, to post again the same items at the same price so you sold first or to post again the same item at a lower price so you sold first. It seems obvious.
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That would be facepalm-nuts … i.e. cynically predictable.
If you want to sell your stuff first, that should come with a price, and as I understand, that’s closely related to the decision to remove copper values.
I noticed the system has a tendency to suggest to me the exact price of the other lowest seller. I guess that’s to automate non-competition for people who don’t care to put some own effort into setting an undercut. (Which is fair. No effort, no reward.)
I belive they are incentivating to not undercut beacuse probably the new AH database is optimized for items having the same price. If you want to buy 7 units of an item and there are hundreds of them at the same price the AH only needs to check the lower price and check the number of items is more than 7 and then pick the first one. If every auction has a different price they will need to check at least 7 records from the database. For one players is not noticeable, but with everyone in the server doing it that eficiency improvement could make a different.
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Yes, and that’s why I really hope they went for FIFO, since that would make total sense and LIFO very little.
I generally like the new system because I have been doing a lot of transmog gear searching lately, and although there are obvious issues like search filters being forgotten and some of them not working at all or doing more than they should, that speeds it up SO MUCH over the previous use of the CollectionShop addon where you could do one big long search every 15 minutes and then had to hurry and to your thing with chars of all armor classes.
I am actually surprised by just how quick it is.
It bothers me though that it seems like seller names only appear on buy search, not sell listing, and that when putting an item sale-ready, the buy page doesn’t list the according search results. (Also, and I guess this will have to be done by an addon again, I prefer undercut mode as default. - I undercut based on self-respect though.)
One thing that has always bothered me and seems to persist with the now native system is that gear modifiers are treated like essential part of the item name, so if you got different secondary attributes on yours, it’s treated as a different item.
But getting rid of the stack sizes complication is a real boon.
No, FIFO won’t make any sense because any FIFO will be only FIFO in theory but LIFO in practice. Because in both systems cheaper items will be sold first so that means in a theoric FIFO AH like the one we had before 8.3 people will undercut and so last items will be sold first.
The only way a AH could actually work in FIFO will be in a FIFO AH that severely penalize or directly not allow any kind of undercutting.
At the same time if the new AH is optimized to be more efficient without undercutting it wont work with FIFO becuase that system incentivate undercutting.
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I wish people didn’t just ignore my detailed explanations.
I have nothing to say about your detailed explanation, in most part I agree with what you said, the new AH is better and faster, I just not agree that FIFO will make any sense because I do not believe anything that you said is good in the new AH could be possible with a FIFO AH, in fact a FIFO AH will in practice be a LIFO AH so in makes no sense at all.
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A FIFO auction house only works if the prices are fixed which they aren’t so there’s not much to discuss there
Its a positive change.
I got friends who got mass reported by a competitor and its guild playing the AH and banned for 6 months. Nothing could be done about that.
So this avoids any report abuse going on. As it will make the AH feel like an in-game shop instead of ebay.
The downside is that you wont be able to see anyone you dont like you rather avoid buying from. Like multiboxers who harass solo players by monopolizing the farming zone and/or even bot sellers.
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Yep, as I commented in the announce thread, further depersonalization of a market is a folly.
so people still don’t understand, if the newer item sells first, then the original seller must take their item off the auction house, then sell for cheaper because they must ensure that their item AND any additional items sell quickly, this only encourages extreme undercutting.
Hell umbra shards are already HALF their pre-patch price because of this ah system.
Shouldn’t Bob’s sell first?