2 May
2018
2 May
'18
9:59 a.m.
On May 2, 2018, at 9:20 AM, Mark J. Blair via cctalk
<cctalk at classiccmp.org> wrote:
That is what the classic car auctions on Bring-A-Trailer do. Within 2 min of auction close
time and thereafter, each bid extends the time 2 minutes.
I was high bidder on a car at $15k with 30 seconds to go. The price went up $10k (and
someone else got the car) in the 15 min after the scheduled close time.
alan
On May 2, 2018, at 09:08, Chuck Guzis via cctalk
<cctalk at classiccmp.org> wrote:
Although eBay in the past has tried to kill off sniping because it
reduces the number of visits an individual might pay to their site, I
think they've given up with trying to kill the sniping system.
If eBay really wanted to kill sniping and maximize winning bids, I think they could
simply change the format from fixed ending time to automatically extending the auction
period N minutes past the last bid. There would still be some benefit to a bidder for
bidding late and hoping nobody notices, but there would always be a window of up to N
minutes for other bidders to decide to increase their losing bid. It would end up as a a
hybrid of proxy bid + live auction.
--
Mark J. Blair, NF6X <nf6x at nf6x.net>
http://www.nf6x.net/