In some commodities the LIFO might be contributing to growing surpluses because there’s no need to compete to get to the front of the line.
If surpluses keep rising and prices don’t start dropping then you’re creating a bubble that encourages people to go farm more, which creates worse surpluses until everyone wakes up and realizes they’re sitting on a mountain of worthless tulips.
And lets be honest here. If someone undercuts you by a silver, and their listing doesn’t sell by the time someone else undercuts them, then the price is too high.
It is LIFO, they did this to reduce undercutting…
YEAAH Blizzard that gonna help alright … 
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FIFO will just encourage undercutting without fixing the underlying issue, which is the AH architecture not seeming like it was built to handle this much traffic. so you’ll still be seeing basically the same issues, except the price will be tanking at the same time.
I undercut EVERYTHING I sell, LIFO is nice and all but I want my items gone ASAP so I price them to sell fast.
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Undercutting is part of how markets work. With FIFO, if there are enough buyers, you don’t need to undercut, you can list at your price or even higher and know your in line to sell at that price.
If there aren’t enough buyers you undercut to get to the front of the line. This keeps happening until the lower prices attract enough buyers that it’s better not to undercut.
Makin me google acronyms this early in the morning. Downvoted >:(
All they need to do to fix the AH is to throttle or remove the AH APIs. That’s it. It’s poorly coded addons that are whipping it right now. They need to defend against that kind it degenerate use case.
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That’s another problem, bots can leverage this to always be the 200 units at the front of the line. And I wouldn’t be surprised if that’s contributing to some of the backwards market results I’m seeing in herbs.
Although, they might have slowed down updates on market conditions so you’re not really seeing the trading volume that well.
You have bots competing with bots to be the first spot on the shelf when only like 10 people are even playing anymore. The immense supply has crashed the market, like always happens at the end of an expansion, but magnified because small server barons can’t counteract it with price manipulation.
So all they have to exploit is the stack. And exploit they will, because they are all soulless degenerates. If it were my decision, I’d have either remove the AH API entirely, or at the very least introduce a stacking delay between actions. Or even introduce hard quotas. 5 post per minute.
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The problem is, in some places it’s not. The surplus is growing.
Looking at mostly marrowroot. Of the four zone specific herbs it’s got the highest prices and the highest supply while there doesn’t seem to be the sales volume or demand to explain that result.
And the problem with this result is, someone comes to the AH to see what to farm to make a little money. It looks like it’s marrowroot. So they go farm more, but that’s not what the market needed.
The other thing they could do, which would never happen due to the amount of work it would take to ferret out cartels and multi accounts, is not allow people to play both sides of a trade by being able to buy and sell in a market at the same time.