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You have a starting price of - say - 50p, and also a reserve price - say £5
Now to me, it seems logical that the reserve is going to be larger than the starting price, yes?
After all, if your starting price was the minimum you were willing to accept for the item, you wouldn't have a reserve on it, would you?
So why do people bid - once only - at the starting price?
At least try a bid of £1, y'know?!
Easy..
Or they're complete idiots.
You have a starting price of - say - 50p, and also a reserve price - say £5
Now to me, it seems logical that the reserve is going to be larger than the starting price, yes?
After all, if your starting price was the minimum you were willing to accept for the item, you wouldn't have a reserve on it, would you?
So why do people bid - once only - at the starting price?
At least try a bid of £1, y'know?!