15 May
2005
15 May
'05
12:40 p.m.
On 5/15/05, Scott Stevens <chenmel at earthlink.net> wrote:
On Sun, 15 May 2005 09:24:18 -0400
"Bob Lafleur" <bob_lafleur at technologist.com> wrote:
People who go into eBay with the mindset of a traditional auction get
frustrated with the sniping phenomenon. You have to bid your highest
amount up front. Wether 'up front' is 2 days or two seconds before the
close of the auction is immaterial. That's just how it works. I prefer
'real' auctions where you can camp on an item, watch the price climb and
can make at-the-second decisions how high to go. But that isn't eBay.
And eBay isn't better or worse than it, just different.
And that is Ubid.com. I know that people are mad about their system:
an automatic extension of 1 hour after the last bid.
vax, 9000
I
don't mind being out bid. I mind not being able to big again.
In "theory", you're supposed to put in your absolute maximum the first
time. So why would you WANT to bid again if you've already put in your
highest bid?
Unfortunately, Ebay's "theory" goes against human nature. What you
think is your maximum bid, when someone else outbids that your brain
says "well, if I could get it for just a little more, I guess I'd be
willing to pay that".