25 Feb
2004
25 Feb
'04
10:41 a.m.
"Peter C. Wallace" wrote:
On Tue, 24 Feb 2004, Vintage Computer Festival wrote:
I think you are talking about the proxy bidding when you refer visible
pricing meaning something; it is meaningless except to say that someone
has made a bid. Sniping is not sleazy, but rather the only intelligent
approach to the stupidity that takes place on ebay. I'm not sure it
makes any difference on other sites.
On Tue, 24 Feb 2004, David V. Corbin wrote:
Yes, Ebay's allowing sniping is really kind of sleazy, You think its a real
auction with some idea that the visible bid prices mean something when in fact
by allowing sniping its really a sealed bid auction... Sleazy 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.....
And that's exactly how the Vintage Computer Marketplace works.
"Snipe-Proof Auctions"