On Feb 7, 2011, at 9:04 PM, joe lobocki wrote:
actually that
makes good sense. it comes down to whos faster and willing to
pay more, that almost
seems the most fair and random.
Oddly enough (and I'm sure other people have different data, I'm just going off
what I've observed as an infrequent eBay buyer): I've seen a much higher
"failure to pay" rate on snipers. I can't tell you how many times I've
gotten sniped on a bid, only to be contacted later by the seller (either unofficially, or
officially through eBay's "Second Chance offer"). Sometimes I've seen
the seller just relist the item, I bid again, I get sniped again. More than once: by the
same non-paying buyer.
In some categories (not classic computer related) this failure rate approaches 100%.
The only way this is ever going to be resolved is if eBay requires bidders post a deposit
for transactions over a certain dollar amount (like $20), which is forever lost if they
back out of a deal and they are permanently banned. You know, like a real reputable
auction house would typically require.
That won't happen, which is increasingly why a lot of "normal" people are
now avoiding eBay. It's so rife with fraud and "bad faith actors" (of which
PayPal can be included in those descriptions) it's better off just dumping stuff at
Goodwill.