Sniping is simply a bidders maximum bid entered at the latest possible
moment, no more, no less.
Nick Miller
----- Original Message -----
From: "J.C.Wren" <jcwren(a)jcwren.com>
To: <cctalk(a)classiccmp.org>
Sent: Thursday, April 24, 2003 10:29 PM
Subject: RE: eBay sniping
Sellam said:
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.
--John