2 May
2001
2 May
'01
3:46 a.m.
Yes, it has happened to me too. Another strategy that
is beginning to become commonplace is "last-minute flooding",
when a bidder will send 10 or 20 bids with the smallest value
increment within the last 10 seconds or so of the auction.
I wonder if this can actually block out other last-second
bidders or if eBay has an adequate receipt-time-stamp/post-processing
bid evaluation system.
Having survived a 4 hour live auction yesterday, I have to say eBay is a
marvel of sensibility. On eBay you look over the item, maybe send a few
emails with questions, and you make your bid, either via the eBay proxy
bidding system, or via some snipe engine, and your done. Go away, work or
play, the results can be expected to be fairly logical. With a live auction
the situation is constantly changing, often to extremes that truely suck. I
was planning on maybe $50 bid for a batch of cables, but when that item
comes up it gets lotted with 32 large broken monitors, which must be
removed, which I can't practically do. Bid goes for $25.