Subject:
|
Re: Proxy ratcheting: How do auction systems work?
|
Newsgroups:
|
lugnet.market.auction
|
Date:
|
Wed, 21 Apr 1999 23:05:27 GMT
|
Viewed:
|
857 times
|
| |
|
|
In lugnet.market.auction, lar@voyager.net (Larry Pieniazek) writes:
> [...]
> The bid increment is 15%. Are you willing to take the item to 575 or
> thereabouts to win it back? Why should you have to spend 75 bucks to top
> them if they only spent 50 cents to top you?
> [...]
Yea, brother!
--Todd
|
|
Message is in Reply To:
 | | Re: Proxy ratcheting: How do auction systems work?
|
| (...) Really? Consider this scenario that could happen at SeriousCollector You have an item won, sitting at 400, and your max proxy is 500. Someone outbids you with a hard bid of 500.01 (lucky guess on their part) which gets rounded to 500.50 under (...) (25 years ago, 21-Apr-99, to lugnet.market.auction)
|
96 Messages in This Thread:
 
 
- Entire Thread on One Page:
- Nested:
All | Brief | Compact | Dots
Linear:
All | Brief | Compact
|
|
|
|
