I have attended real life auctions for decades, and I was working on an online auction environment in the early 90s, and gave it up to concentrate on my degree.  I felt frustrated when eBay exploded and I was on the sideline.

I have now run an auction in the bitcoin environment.  I have interacted with real people, real concerns, and real deviations from instructions.

There are many flavors of auction, and of course there are different rule packets for each one.  The Rule Packet #1 that i have drafted covers 1 one these scenarios.

Please feel free to comment on this.  I have the view that it is preliminary guidance to make an auction-client.