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Subject: 
Re: $2,137.00
Newsgroups: 
lugnet.lego.direct
Date: 
Fri, 12 Apr 2002 22:57:24 GMT
Viewed: 
671 times
  
Pedro Silva wrote:

In lugnet.lego.direct, Drew Croke writes:
I am amazed at this price....

http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=1719045942

Heh.  I love capitalism....

Actually, I'm sort of confused as to what exactly that "iron horse"
(ferroequus, whatever...) dude was doing - why did he successively outbid
himself?

If you look carefully, you will see that the higher bids are older, and
thus were "proxy" bids (where you bid what you really think you want to
pay for the item, then the system submits the lowest possible bid for
you, and then automatically ups your bid as people come along later and
attempt to outbid you).

What the bid history does not show is whether the bid was actually
successful or not.

Now I have upped my bid even when I do hold the high bid, when I decide
my current high bid isn't really the highest I'm willing to bid.

Frank



Message has 1 Reply:
  Re: $2,137.00
 
(...) Got it! (...) That would really be useful. I mean, just to satisfy my curiosity... :-^ (...) Most convenient, the whole system. Does it work as intended, never creating any sort of issues? Thanks, Frank! Pedro (23 years ago, 12-Apr-02, to lugnet.lego.direct)

Message is in Reply To:
  Re: $2,137.00
 
(...) Actually, I'm sort of confused as to what exactly that "iron horse" (ferroequus, whatever...) dude was doing - why did he successively outbid himself? Pedro (who knows virtually nothing about the fantastic world of auctions) (23 years ago, 12-Apr-02, to lugnet.lego.direct)

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