Do you want to bid?
because you don't even know if that all newbie have the funds or just trolling around here just to increment the price of the bid. Because it is easy to create an account and they don't care about their reputation.
Look i had those thinking as well, but usually those newbies accounts are created by senior, hero or even legendary accounts that wanna to get a extra account without had to be connected, i do believe as long they can honor their bids it wont be a problem otherwise op must return to starting price and see if someone will really wanna the account and has money to pay for it.