@StormLordIron I agree with this, I regret doing the thing I did during the bid, I highly recommend a cooldown for future bids so people like me(who don't understand giving other people a chance) can't just buy out every one of them.(Personally I just wanted to win 1 bid and be set for life but still please do the cooldown for people.)
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This is a surprise! I mean that in a good way mind you lmao
Auctions are ALWAYS problematic, my friend, it doesn't matter if they are online or face-to-face, they always give you a headache, it is always best to wait, also when you can try to advertise this auction when you have time on other networks you have, because there are users you probably weren't aware of this you've very come to the end of this.
the good thing is that it went well for you and now you know how to handle them better than before.
Cheers!
StormLordIron
I've seen various bid things here and there. I've not done one - I am not a visual artist but a writer, and I write for my own sake - but I've seen enough to have some thoughts on the process.
I think that one thing to *NOT* do is the "buy-out" price, which I've seen called "Autobuy". In certain circumstances, one particularly loaded guy can basically buy out whatever they want, denying anybody the chance to bid at all since they can't compete. AB tends to work on a first-come, first-serve basis, so depending on the situation a bid can be taken the near-second it begins. This can create a process where the previously mentioned guy murders any interest in the auction. After all, if this *one guy* always grabs it, what's the point in bothering?
Another thing I'd recommend to avoid the above situation of one guy bankrolling every single bid is to have a "cooldown" of sorts, where after one person gets an auction, they can't get another for a certain period of time. This means they still get the auction they put money towards, others can bid on the follow-ups, and prevents somebody from ultimately bankrolling anybody else out of auctions. However long this "cooldown" is is up to you.
Now I don't know how long the auction time is, so I can't give much thought there.
I wish you the best of luck with this stuff.