2 May
2018
2 May
'18
8:34 a.m.
On May 2, 2018, at 10:22 AM, Chuck Guzis via cctalk
<cctalk at classiccmp.org> wrote:
On 05/02/2018 08:06 AM, Eric Christopherson via cctalk wrote:
?.
If the successive bids are at a constant ratio (is it still 5%?) that is eBay making
public higher and higher portions of the not-to-exceed (but still private) value that
person originally entered.
The other possibility is that the original bidder, on being outbid, lets their competitive
instincts get the better of them and enters a higher not-to-exceed bid ? and then a higher
one ?
if the successive bids have a minute or two between them, or a non-constant ratio, that is
likely what is happening, and it?s a *great* reason shills exist in the first place. I
think the original intent of the eBay system, and my recommendation, is that folks
dispassionately, calmly, decide what their true ceiling is, enter that value the first
time, and then walk away. eBay doesn?t promote that behavior now, though. The ?you?ve been
outbid! But there?s still a chance!? email they send seems pretty calculated to stampede
you into competitive behavior. I suspect that leads to regrets.
- Mark
When you say you snipe with a bot, do you mean
you use eBay's highest-bid
functionality to do it? Or do you use third-party software?
I've never been clear on how the built-in highest-bid functionality works.
I often see things where the same person has several consecutive bids,
which doesn't make any sense to me in the absence of other people's bids in
between them.
When you submit a bit do eBay using the traditional method, your bid is
really a proxy bid--it's increased by specified increments until it's
outbid by another bidder. If you prevail, you win by the minimum
winning proxy bid.