Just looking at the auctions i noticed one plot where the bids leapt from 3kL to 15kL in one bid.
I am not sure i understand why anyone would make such a bid - can anyone explain please?
Thanks
Alexa
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auction land prices |
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Alexa Hope
Registered User
Join date: 8 Dec 2004
Posts: 670
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12-29-2004 10:51
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MrsJakal Suavage
Purple Butterfly
Join date: 18 Jul 2004
Posts: 1,434
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12-29-2004 10:52
Is it hub land?
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Alexa Hope
Registered User
Join date: 8 Dec 2004
Posts: 670
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12-29-2004 10:58
No MrsJackal - its just under 500m from the hub - just went to check. I am just intrigued why someone would do that, not having bought land other than my first land.
Alexa |
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Damien Fate
Goofy designer
Join date: 6 Nov 2003
Posts: 634
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12-29-2004 13:35
Im not sure on the correct name for the bidding system we have, but here's how it works.
It's pretty much like eBay, when you bid on land you enter the maximum amount you wish to pay for it. So lets say person A has bidded just 1000L$ for a plot Person B puts in his/her max as 5000L$, it will automatically bid for her up to that amount, but because she only needs to go to 1000L$, the next bid will be 1010L$ and will stay at that until person C comes along. Person C will pay 6000L$ max for this land, so the system automatically bids for his/her higher than person B's max bid. And now the auction bid stands at 5010L$ - a whole 4,000L$ jump! Hope that helps explain. _____________________
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Clint Cartier
Registered User
Join date: 16 Apr 2003
Posts: 122
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12-29-2004 13:39
proxy bidding.
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