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They bid 75.29% to DLA.
Their payment system seems setup for business to business. They're cross advertising with the IP site.
Whether this payment system will work for GP will likely come down to how much of the sales from GL were hobbiest, and how many of lost sales GP can replace with B2B...
I don't get this at all. It's an auction. They want to sell it. If it sells for 10K+ now, it means someone else is willing to pay 10K+ now. The only delta between starting at 10K and selling for 11K and starting at $150 and selling for 11K is that some folks who bid in the middle got to dream...
The home page mentions the date of the auction.
I re-read the rules... And by the strictest letter of them you can't show information that covers that. Because some po-dunk barn auction's home page may show a date that only a few people know about and want to keep quiet. So the same seems to...
Or people will take out HELOC's (Which makes more sense anyways if you're going to carry debt)
There's a bunch of ways to pay for things other than visa if you don't have the money. And most are cheaper over any reasonable time frame.
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