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  Re: Bid retractions (was Re: eBay dead again)
 
(...) A reason to always pay attention to your auctions, and look at the bidding history if the auction jumps a lot in the last moments. If I'm eagle eying an auction, I'll even capture the current bidders just before the last moment, and then (...) (25 years ago, 23-Mar-00, to lugnet.market.theory)
 

dead
(score: 0.234)

  Re: Bid retractions (was Re: eBay dead again)
 
(...) My idea was to make the person type in their bid again if it is some multiple (like 10x) above the current bid, not just click an OK button, though even just putting an EXTRA "are you sure" screen, with a differently arranged button, would (...) (25 years ago, 23-Mar-00, to lugnet.market.theory)
 

dead
(score: 0.234)

  Re: Bid retractions (was Re: eBay dead again)
 
(...) Weird, I didn't know eBay accomodated bid retractions on closed auctions. Seems kind of futile to put in a bid retraction _after_ you've entered a binding contract to buy the item. -Adam (25 years ago, 23-Mar-00, to lugnet.market.theory)
 

dead
(score: 0.234)

  Re: Bid retractions (was Re: eBay dead again)
 
(...) Winner. If the winner retracts his bid. After the auction is closed. There isn't a winner until the auction is closed. eric (25 years ago, 23-Mar-00, to lugnet.market.theory)
 

dead
(score: 0.234)

  Re: Bid retractions (was Re: eBay dead again)
 
(...) [snip] Ebay already does this. You type in your bid, then you get a revue screen where you see your bid and then have to confirm your intention. I don't see where yet another page would help the process if you already missed it on the (...) (25 years ago, 23-Mar-00, to lugnet.market.theory)
 

dead
(score: 0.234)

  Re: Bid retractions (was Re: eBay dead again)
 
(...) Wait, do you mean "if the winner retracts his offer" or "if the current high bidder retracts his bid"? Are we talking about completed auctions now? I think that if you placed the second highest bid, and the highest bidder retracts his bid, and (...) (25 years ago, 23-Mar-00, to lugnet.market.theory)
 

dead
(score: 0.234)

  Re: Bid retractions (was Re: eBay dead again)
 
(...) Although that would be annoying to the first person to bid on a Metroliner or some such (which if I was auctioning off, I would start at $1 on eBay, no reason to pay excess listing fee..., yet a serious first bid should be at least $100). (...) (25 years ago, 23-Mar-00, to lugnet.market.theory)
 

dead
(score: 0.234)

  Re: Bid retractions (was Re: eBay dead again)
 
(...) still (...) You aren't considered the "high bidder" if the winner retracts- but the seller does get everyone's bids, and it's natural to assume they might contact a lower bidder to unload the item. In other words, you might get contacted, but (...) (25 years ago, 23-Mar-00, to lugnet.market.theory)
 

dead
(score: 0.234)

  Re: Bid retractions (was Re: eBay dead again)
 
(...) I fugured this was the way it would work, just wanted to make sure (and graphically point out why it needs to be against the actual bid, not the proxy). (...) Does AucZilla have an automated way (or is that a future enhancement)? As far as I (...) (25 years ago, 23-Mar-00, to lugnet.market.theory)
 

dead
(score: 0.234)

  Re: Bid retractions (was Re: eBay dead again)
 
(...) I recently participated in an auction on eBay where I was outbid by someone who later retracted his bid. I had already outbid him though, so my bid was reset to what it was before I got bumped. I found it odd that my proxy bid was IIRC still (...) (25 years ago, 23-Mar-00, to lugnet.market.theory)
 

dead
(score: 0.234)

  Re: Bid retractions (was Re: eBay dead again)
 
(...) Probably should also allow retraction of the actual bid at no penalty if done within, say, 5 minutes or something like that, and if no one else has yet counter-bid with information based on your mis-bid. Probably should also make you go (...) (25 years ago, 23-Mar-00, to lugnet.market.theory)
 

dead
(score: 0.234)

  Re: Bid retractions (was Re: eBay dead again)
 
(...) Against the actual bid, not the proxy bid. Nobody sees your proxy bid anyway except you the bidder. (...) Oya! any auction system should *always* allow that! (If not through automated means, at least the auctioneer should be able to handle (...) (25 years ago, 23-Mar-00, to lugnet.market.auction, lugnet.market.theory)
 

dead
(score: 0.234)

  Re: Bid retractions (was Re: eBay dead again)
 
(...) What about missing decimal point bids? I did that once by accident. How do you assess the 10% penalty (against the actual bid or the proxy - if by the proxy, retractinc a misplaced decimal bid would cost you 10 times the max you expected to (...) (25 years ago, 23-Mar-00, to lugnet.market.auction)
 

dead
(score: 0.234)

  Re: Bid retractions (was Re: eBay dead again)
 
(...) That's a great idea Todd, get 'em where it hurts, right in the pocketbook. I really wanted that lot to begin with so I didn't mind buying it but (25 years ago, 23-Mar-00, to lugnet.market.auction)
 

dead
(score: 0.234)

  Re: Bid retractions (was Re: eBay dead again)
 
(...) According to the registration page at Ebay, you don't need a credit card, just an address: (URL) just created a throw-away account ; it only uses my email address for confirmation. Aren't those free email services grand? Chris (25 years ago, 23-Mar-00, to lugnet.market.theory)
 

dead
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  Re: Bid retractions (was Re: eBay dead again)
 
(...) I think people should have to pay a 10% penalty (10% of their bid) in order to retract a bid. And on small amounts, the higher of 10% or $10. --Todd (25 years ago, 23-Mar-00, to lugnet.market.auction)
 

dead
(score: 0.234)

  Re: Bid retractions (was Re: eBay dead again)
 
Hmmm... I don't like this whole bid retraction thing.... It also means that the seller could pull one over on the buyer if he has two extra throw-away Ebay accounts, and unless I check the bidding history I'd never know it... Scenario: 1. I bid on (...) (25 years ago, 23-Mar-00, to lugnet.market.theory)
 

dead
(score: 0.234)

  Re: Everything Lego links page administrator?
 
Ben, Just by chance I saw this email. Yes my address has changed. I have tried to get through to Todd, but he is either very busy, or I am sending to a dead email address. I tried submitting a suggesting form from LUGNET webpage. I would love to (...) (25 years ago, 25-Mar-00, to lugnet.admin.general)
 

dead
(score: 0.234)

  Re: eBay dead again
 
(...) minutes. (...) I switched these off. I seldom up my bid once it is placed. Anyhow, I usually get outbid in the last nano-second anyway. Such is life. Scott A (...) (25 years ago, 22-Mar-00, to lugnet.market.auction)
 

dead
(score: 0.234)

  Re: Bid retractions (was Re: eBay dead again)
 
Let me tell all of you about retractions...Very interesting thing that occured to me on Tues. Now the guy who retracted (2x mind you!) is bidding on ANOTHER large lego lot... Be wary of this guy, good feedback or not. When he retracts because his (...) (25 years ago, 23-Mar-00, to lugnet.market.auction)
 

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