The average price for Truegold on my server is 300-350 gold and has remained steady for months. But then this guy appeared....
At the start of the week someone listed 20+ truegold for 250g each, massively undercutting everyone else then for some reason people started undercutting him. When he saw this he took down all of his auctions and reslisted them at EVEN LOWER prices, even if someone only listed a single auction, and this has kept happening all week.
This one guy now has a full page of Truegold for 130g each and I don't know what to do... I can't even make it for that cheap. I'm certainly not going to list mine at that price.
I'm tempted to just buy them all and reset the price but I have no idea if it will even sell now (or if he'll just do it again).
Could this just be a coincidence with the expansion ending, or has this guy personally destroyed the entire market? I really don't think it's because of MoP comming soon, the price hadn't lowered at all until this guy came along, in fact it was slowly going up.