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understanding the plukka value proposition (PVP)

 
What is the Plukka Value Proposition (PVP)?
What is the Plukka Value Proposition (PVP) sliding scale calculator and how does it work?
What do the numbers on each end of the sliding scale represent?
The price dropped after I committed to buy. Did I just lose out?
Why shouldn't I wait for the price to drop further to purchase from an event?
Does the Current Price ever increase?