We need an AH

[Jinko]

And why is that so? So you basically say everyone else who's smarter than the person selling for way too much must be punished? Just walk into a store. Or search items on the internet. You'll always find price differentiations. lol That's life.

Because say for example real life is kept in check by profit / competition, granted this takes place to some extent in a video game but there are always those who don't care about making a loss on something just to sell, which then creates an instability in the marketplace.

Its a good reason why the History feature in FF11 works and why there is an addon for WoW which determines the average price of scanned items on the AH.

People want stability it makes it easier not only to sell but to buy.