I had a couple of auctions, but not many so far. Although I've noticed some "sketchiness", I didn't read through the help, because apparently I like to waste a chunk of tokens for absolutely nothing. Maybe it's an undiscovered fetish of mine.
Long story short, I just managed to waste 12 tokens and still failed to get what I wanted. Knockout round 11 when my fetish said "that's enough". So after losing I took a trip to the help page to see what's up with auction, looks like bidding will never stop until someone backs off. Which kinda makes sense I guess, that's how a real auction works, but still I have to ask, why do we even need a timer and different stages then? One would think that 2-3 rounds to eliminate players, then once the timer clocks out, the highest bidder wins. I don't really see the point.
Surely it's my fault for not reading it, "learner money" if you will (if I will), but still I don't really see the point of this. Either have a single round and make it "last man standing", or keep the knockout stages, but then make players actually "knockout-able".