Pdp8 on ebay

On 5/6/2014 11:57 AM, Richard wrote: Ebay is not real auction. It is most similar to a silent auction and the fixed deadline for the end of bidding changes the psychology. Yes you can bid against people as the auction runs, but the auction won't extend as long as there are willing bidders in the room. That is a key time for any auction. At any time during a REAL AUCTION the gavel will go down when there is a gap of bidding pre determined by the auctioneer. Continued bidding in an auction with an auctioneer in small increments is totally reasonable because the auctioneer will terminate the bidding when the room goes quiet. That simply does not exist in either EBay or silent auctions. The last bid (which by ebay rules has to be the highest) wins, but it is at the time of the end of the auction. Therefore the sniping works. I don't agree that the practice of coming into an auction mid term and placing a bunch of 5 or 10 dollar increment bids has anything to do with 'REAL AUCTION' . That is the only practice I"m critical of, and I'm not even critical of it if the person wins the auction. But a single bid of x amount or a couple of bids is not equivalent to 20 silly small bids. I apparently didn't explain that was my only complaint. You can do any strategy you like, but as has been pointed out the last one that is accepted wins, an there is no reason to place it till as close to the end of the auction period given ebay rules. All the arguments here just make the case that if you want to bid and win it and have the least affect on the auction other than winning it a snipe is the way to go.