1 Oct
2010
1 Oct
'10
1:55 p.m.
I've been outbid by lots of folks with deeper
pockets than mine (there
are plenty of them out there). I've also been seen clear evidence of
OK, I do the naive thing and put in the maxiumum I am prepared to pay for
the item when I first bid. If somevbody else outbids me, I am not really
upset fro long.. It jsut means they were prepared ot pay more than I was.
No problem
bid-rigging on auctions I was bidding on. When I see
it, I'm done.
More than one of those auctions has been "won" by the 12-hour-old
account with zero feedback. I presume the item then gets relisted. I
wouldn't know. I'm done with that seller.
There is a scam (I believe) that's been tried on me a couple of times. It
goes like this :
1) Seller (legitimately) lists item)
2) Several people bid on it (legitimately)
3) In the last few seconds a shill puts in an outlandish bid (say $1000
for a itme that noone would pay more than $50 for). Of course he wins it
4) The shill bid is withdreawn by 'mutual ageeement' giving reasons like
'The buyer didn't realise it wasn't <foo>'.
5) But the seller now knows the highest legitimate bid limit. He then
offers the item to that buyer at that price. Point being, he's getting
that bid limit, not the real high bid (one incement over the second
highest bid limit)
Logically, the buyer should be prepared to pay for the item (by having
that bid limit he's saying that he thinks the item is worth that much).
But I sstill feel it's a scam,
-tony