Pretty close to it, yes.
There are roughly 50 locations in the whole world where black lotus spawns. That means you need just 50 accounts botting to control all nodes.
Mountain SIlversage on the other hand has roughly 300 spawn locations alone, and doesn’t spawn once per hour.
we dont like that word here
So, if that’s the case, you could also just drastically increase the spawn times to like every 5 minutes, for example, and tank the price. This is assuming that there is “a problem” with the supply of Black Lotus, and increasing its quantity would solve that problem (rather than displace that problem).
The consensus opinion is that they should reduce the spawn time by a factor equal to that of the increase to the server population caps.
If they doubled the cap, the spawn rate should be lowered to 30 minutes.
If they tripled the cap, the spawn rate should be lowered to 20 minutes.
BTW, nobody knows for certain what the caps are in classic relative to what they were in vanilla. We know they are bigger, but we dont know precisely how much bigger.
I see. So thousands might be a bit of a stretch (if we assume each of the 3 mentioned also have roughly 300), but so is 10s. It would be close to 1000 potential spawn points (or rounded to a thousand). A far cry from 50 to be sure 
And I suppose that when layering was still on, it would effectively have been this way (or at least there would have been spawns for each layer, however the number of layers vs population was determined).
If the “problem” is high price, then increased supply of lowered demand will solve the problem…
Is that the “problem?”
It’s a symptom. The issue is that supply is lower per-player than was originally intended, due to increased server caps. So the ‘problem’ is the larger server caps, but that cant be changed now, so you have to artificially increase supply to compensate.
No, we were just one singular server. On a sunday morning peak time we’d have about 13.5k players.
On an NA evening peak times you’d have about 8500 online.
Overpopulation on servers combined with lack of supply of lotus is the problem.
Result is the high price.
Why raiders? I flask more in PVP than I ever did for raiding.
So, server population dynamics across multiple servers isn’t typically something that private servers would have experience with? That’s interesting.
Which, if we contrasted to the population of WoW Classic would be what? 5% roughly of the NA population?
The real solution is just to change consumeables. Make it so they dont work in instances at all.
There. Now price drops.
If you’re a serioius PvPer and are flasking for PvP, you must be buying a ton of gold.
If by serious pvper you mean ranker, I am not. I did my rank up back in vanilla and I’m not putting myself through that again. So now I’m a warlock where the PVE gear is perfectly good for PVP.
But I do enjoy roaming the typical horde camp spots where they go between queues and putting them into the dirt.
Most of them aren’t expecting or ready for any real resistance. You can get some good 1v1s and 1v2 or 1v3s out doing that because they just dont know what to do when you fight back.
I prefer the Klingon method over spawn rate because of ghost campers. I might actually stand a chance of getting one.
Maybe I’m just tired but it seems like you’re being super passive aggressive.
Anyway, the previous poster said:
The consensus opinion is that they should reduce the spawn time by a factor equal to that of the increase to the server population caps.
So I took that to mean that given the pop on any one server they should do this.
So I’m not sure why as a whole across the entire game it matters? On a smaller server like DD you wouldn’t need as many spawns as on a larger server like Faerlina.
Comments like this always baffle me. How much have you actually tried to find a lotus? I play on possibly the highest pop server NA (Faerlina), and just last week I snagged three lotus spawns in a row in Winterspring.
No botting, no camping. Just an epic mount, a working knowledge of the lotus route, and a timer. 360g in under 2hrs. And that’s including my detours to Azshara for douses and to Felwood for some PVP between spawns. For all the whining I hear about botters on these forums, you’d think i’d see more of them on my server, where you’ll find some of the most inflated lotus prices.
Except you’re wrong.
At the current page price of 80 gold a flask, my 40 man raid spends a total of maybe, 80 gold for that one try hard dude trying to max logs. Increase availability and price drops to, let’s say, 30 gold, and now 10 of our 40 deem it viable to use.
Which cenario made the lotus seller more gold?