Dominick Sela:I bid $160 because I am willing to pay that
And others (like me) may be voting $50 with our feet... that's all we'd pay... (YMMV)
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David Ames:If you dropped out and did not buy and then latter tried to buy the book your price would be your highest bid. The starting Pre Pub price would be the higher of the Average bid and the Mean bid.
Observation: if drop out of bidding (and miss community price closing), then later want to purchase, anticipate pre-publication increases that range from 57 % to 700 % (based on current pre-publications under development for community pricing). After resource ships, price typically increased again that ranges from 108 % to 1,566 % (compared to community price closing: one resource that closed for $ 20 now is $ 229.95 while another that closed at $ 6 is now $ 89.95, yet a third resource closed at $ 9 now is $ 149.95). Later, Logos may offer a sale that is below pre-publication price (know of a couple instances, vast majority of sale prices are more than pre-publication price).
With retail value of $ 934.95 not know what increase to anticipate compared to community pricing close (if enough bids are placed by Logos community).
Denise Barnhart: Time to get the ole dictionary out (mean / average).
Time to get the ole dictionary out (mean / average).
May want to look up median too. Noticed one dictionary meaning for average (noun) is mean. Likewise one dictionary mean (adjective) meaning is average.
Looking at http://www.logos.com/product/8522/classic-commentaries-and-studies-on-revelation, appears many Logos users are willing to pay $ 160 (noticed progress up a bit since yesterday). If enough $ 160 bids are placed, initial closing price would be $ 160 then would need more bids to reduce $ 160 (e.g. 6.25 % more bids at $ 150 or $ 160 would reduce price to $ 150, while price reduction to $ 80 needs 100 % more bids than $ 160).
As stated on Logos Community Pricing page: "Click on the highest price you'd pay. If the final price is lower, that's what you'll pay."
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Probably the system would work better if 'Bid the highest price you think the community might actually PAY.
But first, us Americans, anyway, don't bid for anyone but ourselves!!
And second, it would completely obfuscate the process further.
I think the main reason CP isn't the number one way to build a library is because it's confusing. I avoided it for a long time due to what looked like complicated rules. I notice that continues to be a challenge for many.
"God will save his fallen angels and their broken wings He'll mend."
Denise Barnhart:I think the main reason CP isn't the number one way to build a library is because it's confusing.
Since September 1st, from books released and available for use you could buy 146 books for $257. Measured in terms of cost per book, CP is clearly the number one way to build a library, if you care about cost per book. What is your criteria for #1 way to build a library?
Dominick Sela: if you care about cost per book. What is your criteria for #1 way to build a library?
If cost per book is my criteria, I can always go for the books-by-the-foot decorating scheme. Unfortunately, my number one way to build a library is to purchase books that are on subjects that are missing to lightly covered or books that are required for a particular project. With any money left in my budget, I can look for enjoyable bargains or things that I think pushing into production is in Logos' (and my) best interests.
Orthodox Bishop Hilarion Alfeyev: "To be a theologian means to have experience of a personal encounter with God through prayer and worship."
Dominick ... maybe MY comment was confusing!
I'm agreeing with you (CP is best way). But with such a large Logos user base, some of these CP resources should get 'bid out' almost instantly (instead of sitting in some cases for years).
Some of these of wide enough value that they should be going out the door at 1/3 to 1/2 of present prices (i.e. much more interest).
Tommy Miller:I'm in at $51 (bid on Nov. 3, 2011). How did that happen?
fgh:Where are you from? I've only seen this happen when you bid in a foreign currency and the exchange rate changes.
I am from the foreign State of Wyoming (that's a little east of Logos headquarters, but still in the US ), and we still use US dollars here. I did make two mistakes in my post, however. The $51 bid was entered on Nov. 3, 2010 (not 2011) as I mistyped in my first post. At that time, $51 was on the chart as the projected price. But like so many of my other CPs (mistake number two is that I labeled them "prepubs" in my first post), the projected prices have gone up on many of the ones that I had bid on over a year ago. For example, a few months back, when I was really watching these closely, I only had two or three bids in red (slated as potential failures). Now I have 24 in red. I believe the projected prices have gone up, not down, as more people have placed bids in the past 12 months.
But the real puzzle is not that the economy of a particular CP resource changes as more people bid, or change bids. The real question is why the scale itself changed from $51 (in Nov. 2010) to even ten dollar increments a year later. It seems that Logos made that change on their end.
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Tommy Miller:But the real puzzle is not that the economy of a particular CP resource changes as more people bid, or change bids. The real question is why the scale itself changed from $51 (in Nov. 2010) to even ten dollar increments a year later. It seems that Logos made that change on their end.
Yes, Logos does sometimes change the scale (the low end, high end, and/or increments), but that's relatively rare. They might respond to complaints on the forum that the scale is way too high and unreasonable for such a public domain resource, or maybe there's some other reason that causes them to sometimes change the possible bidding range.
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This set has nudged up a small amount on the $50 bid, but needs a much bigger push to get it above the stagnant $160, and hopefully renew interest in this great collection.
Dean053: This set has nudged up a small amount on the $50 bid, but needs a much bigger push to get it above the stagnant $160, and hopefully renew interest in this great collection.
I predict that the Revelation Collection will go over the top achieving an excess of the "cost of publication" in December, 2110.
georgegfsomsel
יְמֵי־שְׁנוֹתֵינוּ בָהֶם שִׁבְעִים שָׁנָה וְאִם בִּגְבוּרֹת שְׁמוֹנִים שָׁנָה וְרָהְבָּם עָמָל וָאָוֶן
Hi George,I'm working on ESL as my primary language... (LOL) Would you mind translating what you said?
BillS: Hi George,I'm working on ESL as my primary language... (LOL) Would you mind translating what you said?
The Revelation collection will succeed in achieving sufficient support to advance to pre-pub and publication status in December, 2110.
George ... excessive subtle sarcasm is not allowed on this forum. The next thing, you'll probably want to suggest 'TimeMachine'.
George Somsel:in December, 2110
. .. well, there's still time, then . . .
I like Apples. Especially Honeycrisp.
Dan DeVilder: George Somsel:in December, 2110 . .. well, there's still time, then . . .
To be slightly more accurate, it will go over the top December 6, 2110 at 9:46 pm Bellingham time.
George Somsel: The Revelation collection will succeed in achieving sufficient support to advance to pre-pub and publication status in December, 2110.
That's assuming the events outlined in these commentaries haven't occurred beforehand.
George Somsel:advance to pre-pub and publication status in December, 2110
Ah... Got it! I got brain freeze trying to decode the earlier part & missed the date/year... Have you checked with Harold Camping to determine whether that year's prophecy of the end date will permit prepub/pub status? LOL (and apologies to anyone offended--intended only as humor)
Well I put in a bid to help out. With the Camping (humorous) replies I figured we really needed some.
The best commentary on Revelation at this time - at least for me - is G.K. Beale's, but some other resources can't hurt .....(though I am A-Mil, 'if' the Pre-trib view is correct won't Camping still be around to pay everyone's credit card biils )
Yours In Christ
Joe: Well I put in a bid to help out. With the Camping (humorous) replies I figured we really needed some. The best commentary on Revelation at this time - at least for me - is G.K. Beale's, but some other resources can't hurt .....(though I am A-Mil, 'if' the Pre-trib view is correct won't Camping still be around to pay everyone's credit card biils )
Thank you for joining in. I'm sure all who want this to succeed appreciate it. I think there is only one person I can think of you got the right idea, but he didn't write what might be considered a commentary. Try reading "City of God" by Augustine.
George Somsel: [Thank you for joining in. I'm sure all who want this to succeed appreciate it. I think there is only one person I can think of you got the right idea, but he didn't write what might be considered a commentary. Try reading "City of God" by Augustine.
[Thank you for joining in. I'm sure all who want this to succeed appreciate it. I think there is only one person I can think of you got the right idea, but he didn't write what might be considered a commentary. Try reading "City of God" by Augustine.