Ok well if you're willing to start the bidding at .4 I would allow that.
Bidding has been changed to BTC. Bidding starts at .4 and bids should be in increments of .05
Everything else remains the same.
I'm assuming this is allowed since there are no previous bids.
Setting the minimum bid at .4 BTC seems reasonable but minimum bid increments of .05 BTC seems pretty slimey to me.
I'd highly suggest instead of being greedy allowing users to bid in .01 BTC increments. This allows for a more fair and faced paced bidding war.
Just my 2mBTC.
Agreed, for this pricing of an auction an average of $15 bid increment is quite high.
I think your original $1 or 0.01
BTC ($3) is more on par with what you are offering.
Thanks MRKLYE!!!!