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Old Nov 22, 2016, 7:58 am
  #51  
nihonto
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Join Date: Feb 2015
Location: Montreal
Posts: 260
Originally Posted by SparseFlyer
That's a pretty tight band.

They should make it $0-$inf with an internal reserve price.

Then we could watch all the sad bottom feeders board the plane sad and angry cause they bid too low.
Tight band is to make you think the high bid is not so bad compared to the low bid and will make you think you can lock it down by bidding high.

More people would do that then just buy the upgrade for the high price stated.

Because if you make people compete over something then they want it more.
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