Actually it may be bad to set up an automated function because if you end up being outbid, or outgassed, you are going to be continually wasting gas every time. Which could add up to a lot of ETH. This coin is really interesting because there will always be the potential to "get some cheap" just by the nature of how quickly ETH blocks can be mined back to back, but the price isn't going to be always kept low for the coin because the more popular it gets, the more people there will be bidding at any given block. I think this coin has the potential to really catch on. Especially because you know that it's distribution is going to end up very very balanced in the long run.