Subject:
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Re: another thought on "Bid Siphoning"
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Newsgroups:
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lugnet.market.theory
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Date:
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Mon, 4 Oct 1999 15:07:31 GMT
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Viewed:
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448 times
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Ok, what is "Bid Siphoning"?
David Wiggins wrote in message <37F53DAC.4CBC8584@onramp.net>...
> what if a bidder were to bid on an obvious scam auction (like the ones
> currently runnin on set 3438 - mcdonalds drivethru) and then retract
> with a comment such as "holy wow! i bought one direct from lego instead
> for $11!"
>
> is that bid siphoning?
>
> just a thought. personally, i don't have a disposable account to test
> the theory with.
>
> -dave
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Message has 1 Reply:
 | | Re: another thought on "Bid Siphoning"
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| (...) Bid siphoning is when someone is running an auction, and someone else offers to sell the same item for less than the current high bid. By extension, bid siphoning can also include providing information on alternate sources for the item. Some (...) (25 years ago, 4-Oct-99, to lugnet.market.theory)
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Message is in Reply To:
| | another thought on "Bid Siphoning"
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| what if a bidder were to bid on an obvious scam auction (like the ones currently runnin on set 3438 - mcdonalds drivethru) and then retract with a comment such as "holy wow! i bought one direct from lego instead for $11!" is that bid siphoning? just (...) (25 years ago, 1-Oct-99, to lugnet.market.theory)
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