you could hold an auction at reasonable times for different timezones rather than every 3 hours
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.
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
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.