24 Feb
2004
24 Feb
'04
7:44 p.m.
Alas, eBay does NOT mimic a decent "real-life" auction. There are many
strategies. I agree that holding off on bidding (and even using a bidding
"robot") is one of the most effective, but it is not the only one. Placing
an early bid can also have a dramatic impact. There are a number of items I
do NOT bid on because I see another specific person has logged a bid, and I
do not want a bidding war (at this stage he can probably make better use of
individual parts than I). Other times I will place a bid for 70%-90% of my
"limit" early. If other people see a significant bid early on, they my not
bid.
All said and done it is a "Game" in the strictest mathematical sense.
Personally, I wish that the auction would be more like a real world one
where the auction ended (after a suitable startup delay) when not bids had
been placed for a specific interval (30 minutes?). This would more
accurately reflect a "real world" open auction. IMsnHO.....
>> -----Original Message-----
>> From: cctalk-bounces(a)classiccmp.org
>> [mailto:cctalk-bounces@classiccmp.org] On Behalf Of Teo Zenios
>> Sent: Tuesday, February 24, 2004 7:57 PM
>> To: General Discussion: On-Topic and Off-Topic Posts
>> Subject: Re: ebay question
>>
>>
>> ----- Original Message -----
>> From: "Fred Cisin" <cisin(a)xenosoft.com>
>> To: "General Discussion: On-Topic and Off-Topic Posts"
>> <cctalk(a)classiccmp.org>
>> Sent: Tuesday, February 24, 2004 7:44 PM
>> Subject: Re: ebay question
>>
>>
>> > > I'm bidding on an item, and I'm pretty sure the seller
>> has another (0
>> > > feedback) account and is bidding up the price. I don't
>> see any spot on
>> ebays
>> > > website where I can raise this issue. Is there someone
>> I can bring this
>> > > issue to there? Anyone have any thoughts on this?
>> >
>> > If it is, instead, a "friend" of his, then there is no
>> resourse, since
>> > THAT would be legal.
>> >
>> >
>>
>> To be honest your better off not bidding until the last
>> minute of the
>> auction to avoid shills and other people bidding an item
>> up. I know what I
>> am willing to pay for an item and once that line is crossed
>> I don't bid
>> anymore, if the seller wants to have a friend bid it up
>> then he is most
>> likely going to be relisting it.
>>
>>
>>
>>
>>