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Originally Posted by isarl
I'm not super familiar with the publishing industry – is there a better way to get a sense for this kind of characteristic for a given book other than just looking at its price history on eReaderiQ? (I have noticed that some books' price histories are remarkably flat, while others have extraordinarily frequent sales. And then some books fall between, like LotR going on sale on Tolkien Reading Day each year.)
Great job on your restraint, though. Although the median price was ~$3 (and the lowest was 21¢), I was not so successful, and managed to expand my library by over forty books in March alone.  I am down to my last $10 of gift credit at this point though, so I'm starting to get a bit more selective in how I spend it. 
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In this case there's not much price history as it was published a few months ago. However, it's my best guess based on my experience with other books -- Big Five, nonfiction, special interest. Similar books have languished on my wishlist for years. The Big Five aspect is critical as it means no discounts from list, so it's the same price everywhere and discounts don't apply.
So, I could be wrong. But if I read it soon, at least I paid the going price. And I won't be looking to see if it gets cheaper!
As for binge mode: cheap books are a snare and a delusion. In most cases, if the price creates the want, the book should be given a miss. I am not a poster child for this, more's the pity, but I've got better over time.