Or sign of the times?
I don't think Kee does this well in that all of the bids need to go down on one day whereas many online auctions have several days if not weeks to get a bid in, and track them. In the auctions the flow of bids is important but on a digital auction I don't think people sit around all day watching for a bid, but at most wait til the last minute. I think if they accepted bids for several days there might be more action early and send a message that the sale is for real. I'm guessing that in a depressed market many are probably holding out for a higher price that never (and will never) show up.
jm
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