 | | Re: [DISC] Shortcircuit eBay?
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-----Original Message----- From: John DiRienzo <jdiri14897@email.msn.com> Newsgroups: lugnet.market.auction Date: Tuesday, April 27, 1999 12:33 AM Subject: Re: [DISC] Shortcircuit eBay? (...) STOP WHINING! If your buyer was willing to pay $50 above (...) (25 years ago, 27-Apr-99, to lugnet.market.auction)
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| | Re: [DISC] Shortcircuit eBay?
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(...) This has been discussed in detail before. Several dozen appends right here in this very group debunk this line of reasoning, at least for a significant fraction of buyers. You might want to review that rather than repeating the same argument (...) (25 years ago, 27-Apr-99, to lugnet.market.auction)
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| | Re: Proxy ratcheting: How do auction systems work?
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(...) Yeah, that's crap. I think I understand how SC has tried to give somewhat equal treatment to firm and proxy bids, but, in my mind, no matter what kind of bid you make, you ought to have to beat the previous high bid by the minimum increment. (...) (25 years ago, 27-Apr-99, to lugnet.market.auction)
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| | Re: [DISC] Shortcircuit eBay?
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One other thing -- the 'established high-bidder' approach requires the seller to analyze and know who is the 'established high-bidder'. In most auctions, this wouldn't be a problem. Just check once a day, and see who's got the item. But if there was (...) (25 years ago, 27-Apr-99, to lugnet.market.auction)
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| | Re: [DISC] Shortcircuit eBay?
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(...) This is a problem in my idea, but I don't think it would actually come into play in real life. I'm assuming X is relatively short, like 5-10 minutes. But even if it is relatively long, like 1-2 hours, I wouldn't expect that bidders could keep (...) (25 years ago, 27-Apr-99, to lugnet.market.auction)
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| | Re: [DISC] Shortcircuit eBay?
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(...) <snip> If he was willing to pay 50$ more wy didn't he put his proxy 50$ more in the first place? By snipping at the end of an auction give you the chance of winning the bid for lest money. Bidder A put a bid of 50$ with proxy of 100$ 3 day (...) (25 years ago, 27-Apr-99, to lugnet.market.auction)
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| | Re: [DISC] Shortcircuit eBay?
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Whoa, hold on there, pardner! I don't know if I'd equate the two! You could just shoot someone who drives like that;-) As far as sniping goes, I have come in late on occasion and put in last minute bids but the difference was that, sometimes, the (...) (25 years ago, 27-Apr-99, to lugnet.market.auction)
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| | Re: Proxy ratcheting: How do auction systems work?
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Larry, I think you already pointed this out - I had mentioned to Todd (in (...) Ouch. Chris, you are obscure! And *I* thought it was Jude;-) Check out (URL) (...) (25 years ago, 27-Apr-99, to lugnet.market.auction)
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| | Re: [DISC] Shortcircuit eBay?
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(...) Yes, but worse. But we digress. (25 years ago, 27-Apr-99, to lugnet.market.auction)
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| | Re: [DISC] Shortcircuit eBay?
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(...) Was this on your mondo set of lots that all ended at the same time? Guess that it didn't prevent sniping (of one lot) after all. Bummer. my condolences to the snipee. Another idea along these lines is to announce in the setup that any and all (...) (25 years ago, 27-Apr-99, to lugnet.market.auction)
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