Source: I once put a website for sale on eBay. Bids went up to $10M. The press covered it like crazy. Turned out the bids were fake.
For example:
http://www.salon.com/2000/09/11/ebay_deadpool/
There were articles about it in Forbes and Cnet also.
This video will explain shows actual game play. http://www.youtube.com/watch?v=KJY7HKJsnAI
I had imagined that someday I would just be able to emulate the games on future computers, and there was no rational reason to waste space with the dusty relics I was not playing. What was less obvious at the time was that I really had little intention of actually re-playing most of these now collectibles which I had already played to a pulp. The future of perfect hardware and software emulation was as irrelevant as was impossible.
What I gave up for some quick cash was basically a life long historical record with the physical artifacts to match. It will be a bitter sweet day in the future when I visit the Video Game Museum to see my lost history. At least I still have my Marvel cards.
Is it not conceivable that video games might be collected in the same way in 60 or 70 years time?
Young people starting to collect now might rationalising their purchases as a bet that the value of such things will skyrocket by the end of their lifetime. I don't think that's such a crazy bet.
EDIT: I said track and field originally.
Why would someone bid multiple times when they already have the highest bid?
In this system, the highest bid always wins -- bid amount being equal, the earlier bid prevails.
