triticale - the wheat / rye guy

Valuation

Glittering eyes the notion of an "insult price". What makes a wildly low bid an insult is that is a comment on the perceived worth of the item, and thus on your sense of self-worth. Sometimes, of course, ego does in fact distort valuation.

There is an aside about Bill Gates in the comments to the second link which is worthy of note. Keep in mind that he personally designed and did much of the coding for Microsoft's first product, which shipped on punched paper tape.