Wednesday, November 08, 2006

[Online] reversed-logic auction lets you take part in an auction where the price lowers every second. However, if you wait too long, the product will be sold out because they only have a limited quantity in stock of the product.

They sell a new product every day. If you're looking for a way to get a cheap Xbox 360 or iPod Nano, this is definitely a site you should keep an eye on.

Source: TechCrunch

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At Monday, 18 December, 2006, Anonymous Anonymous said...

In the United States, we call that a "Dutch Auction," named after the Dutch tulip auctions where the bidding price starts high and gets lower. The auctions go quickly as they require only one bid, and the first person to bid wins the item. More info at:


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