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TOPIC: 2021 Condensed Lightning Auction - 95%- Closed/Not Funded

2021 Condensed Lightning Auction - 95%- Closed/Not Funded 10 months 1 week ago #37

Mike Steele wrote:

Wade Schwendemann (Dr. Uid) wrote: Not to exploit this unfortunate non-funding, but are people starting to believe that multiple concurrent auctions are a problem yet, or do they want even more data?

I will admit my bias in that I assumed they were an issue without data, so these last few may be me looking for evidence to support an already held position.


I still think low prices on the Teeth are a part of the problem. Even if having concurrent auctions lowers the chance of success, I think people should still be free to start auctions of whatever sort they want to run whenever they want to run them.


Of course people CAN start whatever they want, whenever they want. Whether they SHOULD is a completely different story.

Teeth are a little lower than last year, not substantially so.

I understand everyone wants the best deal for themselves, as they should. When auctions don't fund, it has to be a disincentive for people to start another, doesn't it?

Maybe the problem will eventually fix itself. Maybe not.

I guess there is only 1 way to find out.
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2021 Condensed Lightning Auction - 95%- Closed/Not Funded 10 months 1 week ago #38

Wade Schwendemann (Dr. Uid) wrote: Not to exploit this unfortunate non-funding, but are people starting to believe that multiple concurrent auctions are a problem yet, or do they want even more data?

I will admit my bias in that I assumed they were an issue without data, so these last few may be me looking for evidence to support an already held position.


Yeah, a bit death by a thousand cuts on a handful items, it seems. Despite the fact that I maintained a firewall on the vast majority of information regarding actual bids (pretty much "I can see he's on his computer processing bids" haha), I know it was quite the slog on the back end where stuff moved the needle so slowly, which you could see in the incrementality (which I know you understand, mechanically). I know it being close, but still to far, from a logical gap closure was frustrating.
~Rebecca

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2021 Condensed Lightning Auction - 95%- Closed/Not Funded 10 months 1 week ago #39

Don’t know if everyone saw, but Edwin is honoring winning bids from this auction here .
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