A real auction house

[Livemau]

So here is how it works
An item is placed in the auction with a time limit and a set price
Players than up the bids by 1k till all but 1 person gives out
It can make buying and selling more fun

[Phoenixking]

Nice idea. But what if no one decides to buy. Is there a fee? What if you want to out bid and bid more? What if you didn't have time to check if your still the highest bid?

[Mothwing]

And to think the economy is unbalanced enough, could you imagine the price ranges if this were implemented? The whole point would be to beat the highest bidder, and with items high in demand, they could reach the high millions. Not a good idea imo.