Agreed dachkie. The bidding system is comparable to gambling at casinos. Can we stop people from bidding way above their budgets like how people end up losing everything at casinos? No. The person who is bidding should be mature enough to make a judgement call.
P.S Your Dac-mobile looks better in its new color.
If everything is cheap, there will be no progress in this hobby. If everyone wanted Arowana cheap, the Arowana hobby would probably still be stuck at silver Arowanas. Rising prices for is not necessarily a bad thing. In the long term, it will help drive the hobby forward towards responsible reefkeeping. Look at the amount of clowns that are killed just because they cost $1. If they cost something like $5, much less lives would have been sacrificed as compulsive buying is curtailed. Rare/unique pcs of coral/fish deserve to have their premium pricing, to reduce the number of irresponsible people from purchasing them.
I never have a good impression of prices being dumped. Consumers naturally feel benefited, but have they truly thought of the long term repercussions? They could end up solely relying on a single supplier to supply what they want, as others will not dare to bring in the stock. If that single supplier brings the price back to norm after the price-war, consumers will feel that they have been "carroted" and not buy the stock. What you get is..the possible total disappearance of a particular species from the local hobby scene as no money can be made already. For instance, the hawaiin yellow tang. Do you guys know that no money can be made from the sale of this fish in Singapore?