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  2. Bidding fee auction - Wikipedia

    en.wikipedia.org/wiki/Bidding_fee_auction

    Each of the bids increases the price of the item by a small amount, such as one penny (0.01 USD, 1¢, or 0.01 GBP, 1p; hence the name of the auction), and extends the time of the auction by a few seconds. Bid prices vary by site and quantity purchased at a time, but generally cost 10–150 times the price of the bidding increment.

  3. Swoopo - Wikipedia

    en.wikipedia.org/wiki/Swoopo

    Each credit was good for one bid. Standard auctions began with an opening price of $0.12 and every time someone bids the price increases by $0.12. Other bidding fee auctions use different values - "penny auctions" use $0.01, 6¢ auctions $0.06, etc. The price of bids and the incremental values vary depending on the regional version of the site ...

  4. DealDash - Wikipedia

    en.wikipedia.org/wiki/DealDash

    DealDash was founded in 2009 by William Wolfram, a 16-year-old Finnish entrepreneur, who had lost $20 bidding unsuccessfully for a MacBook on an earlier penny auction site. Wolfram had generated approximately $500,000 in affiliate sales a year earlier buying popular YouTube videos for $50, borrowed from his mother, then collecting revenue from ...

  5. Penny auction (foreclosure) - Wikipedia

    en.wikipedia.org/wiki/Penny_auction_(foreclosure)

    Neighbors would gather in large numbers at the auction and place bids of only a few pennies, while intimidating anyone who attempted to bid competitively. [1] In the end, the bank that owned the farm would get whatever was bid and the neighbors would return the farm and its contents to the farmer.

  6. The first known piece of mail sent using a prepaid stamp — “one of the greatest leaps forward in human communication” — could fetch between $1.5 million and $2.5 million when it comes up ...

  7. Biden admin quietly clears away border wall parts for auction ...

    www.aol.com/biden-admin-quietly-clears-away...

    The Biden administration is reportedly spending their final weeks quietly clearing away unused southern border wall materials to put up for auction — a move characterized by some lawmakers as an ...

  8. Daniel Penny trial live updates: Marine facing manslaughter ...

    www.aol.com/daniel-penny-trial-live-updates...

    Follow The Post’s live updates for the latest news from the trial, in which Daniel Penny is accused of manslaughter for placing Jordan Neely in a chokehold after the homeless man acted ...

  9. Auction - Wikipedia

    en.wikipedia.org/wiki/Auction

    Another special case of a combinatorial auction is the combinatorial clock auction (CCA), which combines a clock auction, during which bidders may provide their confirmations in response to the rising prices, with a subsequantial sealed bid auction, in which bidders submit sealed package bids. The auctioneer uses the final bids to compute the ...

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