Posted By:
Corey R. ShanusI hear you. But what about a rule that gradually changes from a 30-minute (or 10-minute or whatever) rule to something incrementally less every, say, 15 minutes? At some point the time period to either place a bid or have the auction close would be so short that all remaining bidders would be forced to stay at their computers/phones and reasonably soon thereafter the auction would end. That would seem to be the best of both worlds. Certainly, IMHO, worth trying.