naughty-mayhem Posted:
Because, to reverse the logic, no one would have sold a pink floyd if the auction was limited to 303,000 .
A limited bid price just makes all the rare moar files not worth selling. What would you limit the price to? 1000x (303,000 for pink floyd, pre-adjustment). All that would mean is people would have been swapping Versnatche for 500,000,000 (or whatever moderately expensive store item), and not selling floyds. Alternately, everything rare can be ridiculously expensive, and not worth using because of repair costs.
Limited bid prices means not selling rare items, and having an auction site full of things you can buy or find easily. While that might be great for newbies and people who haven’t bought Episode 2, it’d be pretty boring for everyone else. Taking advantage of differences in Frugality is cute and all, but not the most interesting part of an auction site.
Okay, so there could be bid limits on most cheap items and no bid limits on expensive items. (Pink Floyd, Earbleeders, ****.MILF, etc.)