11 Feb
2011
11 Feb
'11
11:11 p.m.
that's not true.
sniping is very limited to the last few minutes of the auction,
if not the last few seconds. and a limited number of bids can happen at that point.
therefore it does not equal to the same thing.
it is very hard to "drive the price up" in the last few seconds the way early
bidding does.
early bidding serves only one purpose - drive the price up.
in fact, normally early bids before the last day have driven the price up beyond full
retail.
there's no longer any point in bidding on the item. I've seen this happen a lot.
people still buy items because
1) they're stupid
and
2) they think since it's fleabay they must be getting a deal
and with the tie-in to paypal and excessive fees, and lack of sellers being able to leave
negative feedback for buyers,
it's really gone down hill.
From: bob at theadamsons.co.uk
To: cctech at classiccmp.org
Subject: Re: Sniping Does Not Require Justification!
Date: Fri, 11 Feb 2011 23:04:10 +0000
Tony Duell wrote:
I think that's a bit contrived Tony - after all _any_ later bid would drive
up the price you have to pay, this isn't a function of sniping.
Bob
That makes no sense.
sniping does not drive up prices like early bidding does.
Of coursei it does. If I (early bid) $50 for an item with an opening bid
of $5, say, and somebody snipes me at the last minute with a $20 bid,
then the price I have to pay has been driven up.