Quote:
Originally Posted by oldjudge
A general question-Do people think that the auction's open format (you can bid any time, even in the last 15 minutes, whether you have bid on a lot or not) holds down early bidding? Is there any incentive to bid prior to the last hours of the auction?
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It probably does hold down early bidding but so long as the hammer bidding is as strong as possible, which is the point of the open format, it doesn't matter.