The reason why the Auction House in FFXI was so successful was because every purchase was a blind bid. You could see the transaction history but not the current price. You had to guess, and if you were willing to take the time and attempt and bid low in order to take advantage of the undercuters, you could, but most people paid whatever the previous bid was.

Right now, the markets are flooded and completely out of wack. People are selling stuff on the MB for less than what you get at a vendor, it's ridiculous. Please bring back the blind auction from FFXI.

Thoughts from the community?