Are people waiting for the last minutes?
Don't they always? Makes me wonder why they make them go on for days. Why not just say "it will start at this time and will only go for 4-6 hours". IMO there will be extremely few bids lost.
And also Aussies and Asians. Problem is most important buyers are from the USA and they wake up about noon...and they should end in the morning PST (when both americans and europeans can bid)
And also Aussies and Asians. Problem is most important buyers are from the USA and they wake up about noon...
And also Aussies and Asians. Problem is most important buyers are from the USA and they wake up about noon...
I actually do not understand opposite - why they do NOT tell the reserve at live auction and do some "fake" bids instead...I do not understand why Moniker put the reserve price as the first bid...it makes it so no one will bid until the last 15 minutes...additionally, if the reserve is not met, there is no chance to negotiate or even find out who has an interest in the name....maybe at a slightly lower price.
Not talking about live auction here...but I can agree that they should give the reserve range...I actually do not understand opposite - why they do NOT tell the reserve at live auction and do some "fake" bids instead...
Oh OK, but why ? If someone is willing to sell cheaper he could give lower reserve from the start...I am talking about having the opening bid be the reserve - which I think is a bad idea.
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