I’m starting to not mind the 2K increments. At the end of the day you’re either bidding more or you’re not. Squeezing an extra 1K or $500 isn’t that big of a deal. There’s a higher chance someone will just bid an extra 2K if they really want the domain.
At this price point I disagree, and losing those $500-$1,000 extra bids will add up over the long run.
I really don't see any way this benefits a business like BM and if anything it benefits domain buyers who can scare away competitors with massive $2K bid increments, then potentially save that $500-$1,000.
Yes, as has been pointed out, I meant to make the change but hadn't gotten to it. I was planning on $1k increments, but now that I think about it, Smaller increments would actually fix some of the "2nd highest price" issues (bid leapfrogging). Still, I don't want to change it mid auction. Thanks for the reminder. - Tom