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you could hold an auction at reasonable times for different timezones rather than every 3 hours
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How are the current auction times not reasonable?
The first auction starts at 1 AM Central Canada / US time. The following auctions are then held at 5 AM, 9 AM, 1 PM, 5 PM, and 9 PM Central Canada / US time.
This gives everyone who wants to attend the auction a fair shot at it.
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In my opinion the hat auctions are destroying the economy and suddenly all the players who have been around for years are now millionaires in theory
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This is the first time Classic has introduced a form of player-to-player commerce involving gralats and allowing players to actually assign value to hats beyond their shop price tag (if they even had one).
Auctions take a 10% cut on the gralats
transferred from player to player of which we have limited the system to 54 transactions a week.
Auction #10 removes those gralats from the economy completely as well.
The only thing Auctions are doing is slimming down some of the whales and fattening the wallets of some lucky hat/accessory submitters.