Tactics to Solve the Chicken-Or-Egg Problem and Grow Your Marketplace
nfx.com
nfx.com
Tactic 17: Set a time constraint. You can actually program excitement into the marketplace with the help of time constraints.
Examples: At launch, Tophatter only let people bid between 8-9pm PT. During this hour the marketplace felt crowded.
I wouldn't frame it as being about feeling crowded. To my mind, limiting the time frame helps ensure that there is a sufficient activity level to be worthwhile for participants.