Quote:
Originally Posted by Naughtyname
If there is a domain I want I bid the maximum I am willing to pay for that domain. If someone bids more than my maximum bid then fair play to them but no way would I let someone else get a domain I wanted if it was still within my target price 
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It's not my business how you run your auctions but i must agree with Frasier. And by the way, i think you can not compare this kind of forum auctions with others done through an auction system.
Just to put it to a real example, if Frasier would have said "$150", after the auction ends even if nobody else bid anything between $70 and $150 you would have charged him the whole $150. While the systems you are talking about if the bid start at $20 and you offer $150 they take your bid at $20 and if nobody offer anything else, they charge you just $20.
Here people bid what they will finally pay, and mail bids can discourage potential buyers.
Good luck

and don't take it wrong, it's just my opinion and my two cents.