04-06-2016, 04:42 AM
A waste of time i don't agree with as there is reason why the baseline started low. By starting at a low price it encourages more bids as you said, thus potentially making a bidding war and increasing the price and potentially meeting my reserve due to the bidding war. Players who get outbid and reach their limit is natural and if they can't afford to go any higher for whatever reason then that's the proccess of an auction.
It's just like bidding on ebay for the most part where you could be bidding on an item starting at a low price and ending up at a decent to high final price. Sellers on ebay sometimes have a reserve price as well, and that too could be a total waste of time, but it's the risk you take to get the item you want, potentially on cheap depending on their vaule of the item,
And if i'm being honest other reason why i started it low is that players will bump this post with their bids, so that keeps the auction in the limelight for a little while.
It's just like bidding on ebay for the most part where you could be bidding on an item starting at a low price and ending up at a decent to high final price. Sellers on ebay sometimes have a reserve price as well, and that too could be a total waste of time, but it's the risk you take to get the item you want, potentially on cheap depending on their vaule of the item,
And if i'm being honest other reason why i started it low is that players will bump this post with their bids, so that keeps the auction in the limelight for a little while.