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#81137
Item up for auction: Very slightly used Diamond Pickaxe with Unbreaking III and Efficiency IV enchantments.

Starting bid: 3000 credits

Minimum increments: 100 credits

Ending date: 24 hours after the last valid bid

Buyout price: 10000 credits
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Last edited by RyGuy130 on Wed Mar 07, 2012 5:31 pm, edited 1 time in total.
#81148
RyGuy130 wrote:Item up for auction: Very slightly used Diamond Pickaxe with Unbreaking III and Efficiency IV enchantments.

Starting bid: 3000 credits

Minimum increments: 100 credits

Ending date: 24 hours after the last valid bid

Buyout price: 10000 credits

Not allowed; you need a specific date and time.
#81163
Allowable, it's sufficiently specific. However, he needs to have a "Going once" at 8 hours after, "Going twice" 16, and it's sold 24 after.
#81396
Aelcalan wrote:Allowable, it's sufficiently specific. However, he needs to have a "Going once" at 8 hours after, "Going twice" 16, and it's sold 24 after.
Aelcalan wrote:Thank you! I've seen far too many auctions with with shady stuff going on, usually because the seller wanted to get more credits. I'd also like to recommend:
  • Unless there are extenuating circumstances, or otherwise bidder and seller agree, a winning bid MUST be paid. Too many people are bidding lightly, then trying to withdraw.
  • Same with the seller. If you post it, consider it GONE.
  • If there is still active bidding, an auction can be extended. Seller would be required to post with original auction post how long they will be adding each time.
  • Alternative to a set time, have a "going once", "going twice", "SOLD" system. I.E. X number of hours after the last bid, seller posts with "Going once". (S)He repeats this the same amount of time later if there are no bids, and a final time, X hours after THAT, with the highest bid winning. Any time someone bids, it's reset back to before the "Going once".
I'd also like to point out that a 'buy it now' price SHOULD be somewhat high. The point is that someone wants your item enough to pay a little (or a lot) more than it's actually worth. A reserve, should you want to have one rather than just starting it there, should be an amount you would accept for your object. Be reasonable, because if your auctions routinely fail from not meeting reserve, it's likely to make it harder to do business.
Aelcalan wrote:It's not simply a free extension, though. You have the bid, then x hours later (I would suggest 6-8) seller posts "Going once", then x more hours later edits that to "Going twice", then a final X hours later, "SOLD to so-and-so for <bid>!" It works just like a real auction, and bidding WILL eventually stop. Indeed, as a seller, I would probably prefer this format, as it seems to me better able to prompt high bids. Of course, this is all predicated on sellers being able to put together something worth buying.
No where in the "New Auction Rules" thread has this point become valid by Lm108. These were simply your personal suggestions.
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