You are correct, they don't, which means that the pricing on new items from NPC vendors need to be calculated by the devs, and they will have to decide whether to balance the costs on the haves, or the have nots. Both have their downsides. It actually makes a lot of sense to balance the NPC costs based on the current AH values dynamically, it reduces the workload of the devs, and keeping the prices in flux adds a new dimension, just like people claim would be a "good" thing if an AH existed. It would give the appearance of a free market.
This game isn't f2p, it's b2p, and it certainly is far from pay to win. There is nothing in the bits store that gives any player an advantage over any other. If people want something in an AH badly enough, they will certainly look for the fastest method to obtain the item, many will not want to risk farming lockboxes for random items that whey won't be able to resell, and would seek alternatives, like scrip sellers; they exist because people buy from them. Quite often, the scrip farmers make their money by selling in the AH as well. They farm scrip, sell items in the AH, then sell you the scrip for real $, you buy their item, and they get their scrip back.
The comparison wasn't to condone hacking, it was simply to display the concept that making something easier to locate, increases the usage exponentially. While SOME people use the trading forums, when an AH is introduced, the number of people using a trading mechanic will increase substantially. If Trion posted specific sites with hacking information, saying don't use these, more people would be hacking, because it's become easier for them. It was a poor analogy, but it is valid.
A ToS violation won't stop people from farming/botting any more than it stops them from hacking. The risk vs reward for the farmers isn't that high, the $40 they pay for access is nothing if they can make more than $40 in scrip sales.
You seem to be under the impression that a legendary or epic will make you stronger in the game; it won't. The difference is very, very small, and is really negligible when you factor in the actual player skill. This isn't WoW, where gear is the single most important factor. It is for this fact, that an AH really isn't important, and many seem to be overlooking this, and are still looking at this game with "WoW goggles".



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