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A comment on Tell HN: I got 10x Hetzner storage at the same price. Parent comment

Re:Tell HN: I got 10x Hetzner storage at the same price by michaelsalim on Saturday February 19, 2022 @03:39PM (#30400316)
From what I understood, the price goes down occasionally (not sure how often). If you're happy with the price, then go for it. Otherwise wait for it go lower and risk someone stealing the deal. That's why the price varies widely. You need to wait for the price to go down. It's kinda like a reverse auction I guess?
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Re:Tell HN: I got 10x Hetzner storage at the same price by Normille on Sunday February 20, 2022 @10:40AM (#30406533) 

  >You need to wait for the price to go down. It's kinda like a reverse auction I guess?
It's called a Dutch Auction: https://en.wikipedia.org/wiki/Dutch_auction
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Re:Tell HN: I got 10x Hetzner storage at the same price by michaelsalim on Monday February 21, 2022 @09:50PM (#30423518)
Good to know, thanks!
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Re:Tell HN: I got 10x Hetzner storage at the same price by addandsubtract on Sunday February 20, 2022 @05:09PM (#30409723)
It's referred to as a Dutch auction: https://en.wikipedia.org/wiki/Dutch_auction
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