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Online Dutch Auction Software

Dutch Auction is different from traditional auctions because the seller offers a price for item bid as a very high. The primary price is usually much higher of the item and seller has no hope to get this item for that price. Participants must know the ID of the bids, bids are not concealed how are in some other types of traditional auctions that we know. The prices are reduced down in increments till a participator selects to get the acting price. The seller is paying the price to the one who have bought the item, that man has won. Read the rest of this entry »