Amazon sells out of the NES Classic Edition in less than a minute

Re:Amazon sells out of the NES Classic Edition in less than ... by dom0 on Saturday November 12, 2016 @11:56AM (#12938752)

There is also at least one auction site with a similar business model that is practically a legal scam; bids cost money/points, and every bid increases the price by a fixed amount and extend the clock. Non-successful bids aren't paid back, of course.

[ Parent | on HN ]

Re:Amazon sells out of the NES Classic Edition in less than ... by ticviking on Saturday November 12, 2016 @01:20PM (#12939263)

There are actually some good arguments for a cost to bid system.

In theory it encourages people to bid their true preferences rather than waste time sniping.

[ Parent | on HN ]

Re:Amazon sells out of the NES Classic Edition in less than ... by dom0 on Saturday November 12, 2016 @02:34PM (#12939723)

Personally I find sniping quite enjoyable (as an idle-activity), but I also consider "recon" part of it (finding mislabelled or less widely known items that get the same job done usually results in huge effective discounts).

[ Parent | on HN ]