24 Apr
2003
24 Apr
'03
7:46 p.m.
On Thu, 24 Apr 2003, J.C.Wren wrote:
Sellam said:
Nonsense. What I was replying to was the practice of setting a price
higher than you would want to pay because you were trying to "protect your
bid". You then get sniped in the end and the price gets pushed up to past
your intended maximum. It's a specific case.
And like I said, it suerly doesn't happen all the time, but it certainly
can contribute to some auctions ending with a ridiculous price.
--
Sellam Ismail Vintage Computer Festival
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Which is a clear example of how eBay pricing
gets
artificially inflated.
I'm not saying it happens all the time, but it probably happens enough
(and this is clearly obvious from some of the prices that
some auctions
end at) that the end result is artificial price inflation.
Nonsense. This is how *all* auctions work. It has nothing to do with
sniping, it has to do with emotional bidding. If you starting letting the
"I gotta have it" emotions run over the "I'll pay only this much"
logic,
you're not bidding wisely.