Subject:
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Re: eBay Anti-Sniper Strategy
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Newsgroups:
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lugnet.market.buy-sell-trade
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Date:
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Fri, 2 Feb 2001 18:15:43 GMT
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Reply-To:
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roy@centricsystems#saynotospam#.ca
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Viewed:
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439 times
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> If you want to maximize the price you receive for it, then why are you
> against sniping? I believe sniping helps you to get the best price and more
> in some cases! If anything, sniping often drives the price above what would
> be considered reasonable! I could see being against sniping if you were
> wanting to sell something for a fair price, but not if you want a maximum
> price. The only people who should be against sniping are the ones who want
> to bid on something but are afraid of putting a maximum bid on it! I
> personally don't see anying wrong with sniping! I think it makes the
> auctions a lot more exciting. But that's just my opinion. I hope you
> figure out what you want to do..
Hmm, the way I see it is that sniping actually keeps the price down,
since it kills the competition that is essential to the auction spirit.
If the sniper were to bid earlier, then another motivated buyer would
still have a chance to top the currently-winning bid, and could then in
turn be topped by another bidder, etc. When I'm sniping, I hope to
sneak a winning bid in at the last minute, when it's impossible for
other bidders to come back and top me. Of course, this assumes that my
bid beats out the other bids.
The only way sniping helps the seller is if someone has bid high earlier
in the auction, and the sniper makes a bid that forces up the final
price (regardless of whether the sniper bid wins or the other standing
bidder does).
Overall, I'm still not sure what the best way to go is, but I'll have to
decide this afternoon.
-Roy
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Message has 1 Reply: | | Re: eBay Anti-Sniper Strategy
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| (...) I personally believe that snipping only works for the buyer if the other buyers don't know have to effectively use the maximum bid system. As a buyer that means I bid whenever I want and bid the highest that I am absolutely willing to pay (and (...) (24 years ago, 2-Feb-01, to lugnet.market.buy-sell-trade)
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Message is in Reply To:
| | Re: eBay Anti-Sniper Strategy
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| (...) Hi Roy, If you want to maximize the price you receive for it, then why are you against sniping? I believe sniping helps you to get the best price and more in some cases! If anything, sniping often drives the price above what would be (...) (24 years ago, 2-Feb-01, to lugnet.market.buy-sell-trade)
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