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I believe you are referring to a Dutch Auction (http://en.wikipedia.org/wiki/Dutch_auction http://en.wikipedia.org/wiki/Dutch_auction). The fact that you don't
by dotBen 16y ago
I believe you are referring to a Dutch Auction (http://en.wikipedia.org/wiki/Dutch_auction http://en.wikipedia.org/wiki/Dutch_auction).
The fact that you don't know what the technical name is of the type of auction you are building would suggest that you probably haven't done enough research into the area.
You've not given enough info on what you are building, and perhaps this isn't the question you were asking, but you might want to research this some more before launching anything/taking anyone's money.
- noig3 16y agoActually kiwidrew nailed it. But, you are right. I have not done enough research. I actually didn't do any. I built some software and it turned into a reverse auction site (as defined in the WP article). I guess being sick and tired of terrible customer service helped as well. Thanks for your feedback. I am going to do some more research now! I am not sure why that did not seem like the thing to do when I started... Anyhow. Back to work!