Subject:
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Re: $2,137.00
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Newsgroups:
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lugnet.lego.direct
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Date:
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Fri, 12 Apr 2002 23:15:38 GMT
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Viewed:
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713 times
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In lugnet.lego.direct, Frank Filz writes:
> 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).
Got it!
> What the bid history does not show is whether the bid was actually
> successful or not.
That would really be useful. I mean, just to satisfy my curiosity... :-^
> 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.
Most convenient, the whole system. Does it work as intended, never creating
any sort of issues?
Thanks, Frank!
Pedro
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Message has 1 Reply:
 | | Re: $2,137.00
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| (...) [...] (...) It tends to drive up the final price, in my opinion. I think it's better to wait until the last minute (or in some cases, the last 10 seconds) of an auction before submitting your true highest bid... --Bill. XFUT: (...) (23 years ago, 13-Apr-02, to lugnet.lego.direct, lugnet.market.theory)
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Message is in Reply To:
| | Re: $2,137.00
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| (...) 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 (...) (23 years ago, 12-Apr-02, to lugnet.lego.direct)
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