CuriousGnu personal blog

Penny Auctions

Unless you use an ad blocker, you probably notice ads for penny auction sites from time to time. They usually advertise with sketchy messages like “iPhone sold for $14.21.” They can sell iPhones such low prices because of their unusual auction system where each bid increases the auction price by only one cent. This…
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Tech Industry & BusinessSociety, Policy & Culture2016

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Aug 22, 2016Penny Auctions by tonteldoos339159

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