On Sun, 27 Apr 2003, steve wrote:
--- Adrian Vickers
<avickers(a)solutionengineers.com>
wrote:
The fact that the price changes during the
auction,
however, is the
greatest indicator that eBay is not remotely like a
"sealed bid" auction.
Not remotely? Is almost exactly like a sealed bid.
Those price changes during the auction mean absolutely
nothing, as the final price is determined in the last
5 seconds (at least in the majority of cases). Nobody
Um, I'd have to disagree. I rarely try to snipe auctions, and most of the
auctions where I'm selling things, there aren't any bids in the last few
minutes. From my experience, you can usually tell how the auction is
going to end up from watching it, and if there aren't many bids before the
last few hours, there probably isn't going to be anyone sniping the
auction.
Your experience might be different than mine, but those are my
experiences.
Pat
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