I feel that it should simply reset after X days without any takers, thereby reflecting the market's ill-appetite for the increased price. Or perhaps the price should decrease by $2 each day without takers. Would be really interesting to then graph the price after several months, seeing where the market settled.
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Sounds interesting but the problem then is that nobody will share it with friends. Since you gain an advantage by keeping it silent and take the low price offer when it resets. But I like the general thinking. Needs to be fleshed out.