 | | Fool's Question
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| Alright. I know that lots of people have super-strong opinions about this issue. The question I'm about to ask is not a challenge. I honestly don't know the answer. Flame if you want. But an helpful answer might convert me to your opinion. Why do (...) (25 years ago, 16-Jun-99, to lugnet.market.theory)
| | | | | Re: Fool's Question
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| (...) I think the biggest argument why snipers are bad for the seller have been along the lines that people would like to see the auctions keep going until no bids have been received for x amount of time. The fact that the auctions on eBay are (...) (25 years ago, 16-Jun-99, to lugnet.market.theory)
| | | | | Re: Fool's Question
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| (...) Possibly, because they think it may reduce the prices they can realize on their sales. Potential buyers might be more likely to bid (or bid higher) if they aren't worried about being sniped, or they might bid higher simply out of appreciation (...) (25 years ago, 16-Jun-99, to lugnet.market.theory)
| | | | | Re: Fool's Question
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| (...) Well, I didn't bother to do the math in Chris's post, so I can only assume that it discourages sniping. Can't really comment on it, though. As a seller, why would I not like sniping? Hrmmm, probably lots of little reasons, some of which may (...) (25 years ago, 16-Jun-99, to lugnet.market.theory)
| | | | | Re: Fool's Question
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| (...) Some thoughts from a current buyer, probable future seller I've been sniped a couple times. In most of these cases I would have gone above the bid the sniper placed. One thing I have started to do is near the end of the auction (or near the (...) (25 years ago, 16-Jun-99, to lugnet.market.theory)
| | | | | Re: Fool's Question
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| Hi, David Sorkin and Mike Stanley both got parts right from my POV. (...) I don't want to flame or convert, but answering you will help me to clarify my own thoughts, so completely ignoring the benefits of healthy conversation, this is good for me (...) (25 years ago, 16-Jun-99, to lugnet.market.theory)
| | | | | Re: Fool's Question
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| (...) As a seller, the sole reason I'd prefer an auction format that doesn't encourage sniping is so that the winner of an auction is the one who wanted to pay the most for it, who may not necessarily be the one who has the fastest connection or (...) (25 years ago, 28-Jun-99, to lugnet.market.theory)
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