Bashiok's response to the user was:
Official Blizzard Quote:
Hah. No it won't. All of the issues that exist in Diablo II that essentially force people to use these kinds of sites in order to establish a base economy and help concentrate the playerbase to a centralized trading location will all be completely unnecessary when we achieve our economic and trade goals with Diablo III.
Other users then continued to ask Bashiok how they planned to control the economy rather than letting these other sites control it. They wanted to know what Blizzard had in mind to control item trade.
Official Blizzard Quote:
We've always said we intend to have some type of in-game auction house type feature.
That alone would remove almost all desire to alt+tab and trade outside of the game. People use these sites because they centralize the trading community, and they establish a base currency. If there's no reason for people to leave the game, then they won't. It's as simple as that.
Bashiok continued to reply to another question concerning the economy in-game. The question of ladder resets existing in Diablo III was asked. Ladder resets exist to essentially wipe the economy of high end items to reset the economy.
Official Blizzard Quote:
There's no reason for Diablo III to have ladder resets. They're a quick and dirty method of resetting the economy to 0 in Diablo II. It works. For a while. Then the great purging begins again.
And for anyone still worried about the economy in Diablo III, it appears that the team is more than capable of correcting a problem that exists in a game that is over ten years old.
Well, its quite simple really, they are just not going to have any non-ladder option.
Ah, makes sense! Thankyou!
On a side note, I was just given a warning for calling someone a retard on these forums. So I am prolly going to be banned for calling the admin who gave me the warning a retard for warning me over something so trivial. I have no desire to be part of a community that gets butt hurt over something so small. So peace out!
Yeah this is what you do in D2, I don't see how binding them so I can no longer trade them is going to make things better somehow. Its going to cut out the market for lower modded versions of top tier items that bind, which does nothing but discourage trading, as your obviously going to use the first one you get then hold out for perfect, and not bother trading multiple times to improve your item a little each time.
Every stable currency in the world limits how much is in circulation. When they print print print money like crazy, bad things tend to happen.
Whats going to happen in D3, that happens in all video games? Money is going to spawn spawn spawn. The end result will not be good.
Gold sinks are not the fix all solution. If the games balanced out so you can farm 100 gold an hour but 99% of what you farm goes towards sinks, or so that there was 0 sinks and you farm 1 gold per hour, the end result is exactly the same. The relative value of your wealth in terms of other peoples wealth will not alter 1 bit due to sinks when everyones paying the same sinks. Like stated above, the game is going to spawn an infinite amount of wealth, and sinks do nothing to prevent hording.
How exactly did a dozen filthy rich people on jsp control the economy of the entire game? Considering 99.9% of the d2 community had nothing to offer that they'd even want to trade for I don't think they had that big of an impact on the economy.
Besides the only single items that you'd need massive amounts of fg to purchase were uber rare/crafted weapons/amulets/etc. You could still acquire them in game by having a little luck mf'ing, mass crafting, getting a lucky trade with someone who doesnt know what they have, or having an item of equal value to trade as people generally don't care how many mid tier items you offer, they only want godly for godly.
The only real impact jsp had on ladder was if you managed to get some good drops early on in ladder, you could sell them for 50x what theyd be selling for in a couple months, so you could essentially make trades via jsp that would turn a shako into 50 high runes if you had a little patience. If anything this was the best time for a newer player to start gaining some wealth on jsp, yet at the same time nobody was forced to pay insane amounts to get items early, it was there choice. I don't know why anyone would complain about this.