Joined
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8,459 Posts
Auctions are a strange thing indeed. I learned that long ago, well before Ebay was a thing.
Want to sell something that is is worth $300? Starting bid at $200. No one goes for it.
Nod to the auctioneer that they can start it at $100, and the bidding starts going like crazy and suddenly the thing sells for $350.
If your willing to pay $350, why not bid on it at $200? I have no idea, but it is a thing and is why Ebay and auctions still exist to this date.
Want to sell something that is is worth $300? Starting bid at $200. No one goes for it.
Nod to the auctioneer that they can start it at $100, and the bidding starts going like crazy and suddenly the thing sells for $350.
If your willing to pay $350, why not bid on it at $200? I have no idea, but it is a thing and is why Ebay and auctions still exist to this date.
