Auctions, though a battle of wits, usually have everyone slowly grinding up from the starting price. It's rare for anyone to just blow up the bid and pressure others right away!
After all, under an absolute price, all game-playing strategies seem like a joke!
To save face for the opponents, everyone takes turns raising the bid by ten million. In the end, if they pass, it's no big deal.
It's all about participating, right!
Tonight, with a guest in box number one, Brother Tao, who had been full of confidence, began to feel apprehensive when the auction for the plot of land started.
Boss Cai's piece of land was worth about eight hundred million in the market.
He reckoned that the person in box number one would only start to bid when it hit six hundred million.
Once the bid reached around eight hundred million, he'd see how tight the competition was.
