The same is happening with real estate, people have started to post apartments "soon for sale" without any starting price or fixed bidding time, years before th

The same is happening with real estate, people have started to post apartments "soon for sale" without any starting price or fixed bidding time, years before they are ready to move, just in case some crazy guy happens to drop by and put a bid that is higher than the actual market value. The cost of advertising to a wide audience has simply dropped so much that you can constantly keep fishing even though you don't have anything actually ready, and to beat the competition everybody has to do it, its just a race to the bottom. MVPs are also a good anlogy to this, present a half working website just to see if people are interested and if enough are you can continue with development.