When an auction is suppose to be over it's should be over. Would the NFL extend the time remaining just because a team is driving for a winning score with very little time left just to make it exciting.
<< <i>When an auction is suppose to be over it's should be over. Would the NFL extend the time remaining just because a team is driving for a winning score with very little time left just to make it exciting. >>
I think a better analogy for an auction would be an auction. Not a football game.
ebay is one of the hardest places to find authentic ivory tusks and bearskin rugs. They don't last any longer there than they did on the animals themselves. However, when it comes to coins, you can find all the fakes in the world there.
<< <i>An auction was extended 10 seconds every time there is a bid in the final seconds. So that all the bidding is complete and that a bidding war could erupt. When there are no bids for 10 seconds, then the auction could end. >>
The flippant answer would be that you should set up a competing auction site and run it by these rules. Build a better mouse trap, reap the rewards.
<< <i>I do not see any benefits to the buyer if the bidding is extended in this manner. >>
The benefit is to the buyer who is unable to accurately value an item on his own and needs the help of other bidders' confirmation (by their participation in the bidding) that he is not overpaying for something. >>
A bidder has to be prepared - not trust other bidders who may be shills. And that brings up a new thought--Do you think that such a system would increase shill bidding? >>
Your defense of "snipe programs (actually max bid programs) is obvious since you use one or maybe two.
The comment that "A bidder has to be prepared" follows that same line of thinking that a person selling a coin, to say an untrustworthy dealer, "has to be prepared".
Unfortunately, IMO, neither scenario can be justified as the snipe program cheats eBay and the seller by eliminating bids just like the unscrupulous dealer cheats a seller who just does not know any better.
Since eBay has "Auction Style Listings", eBay should make every effort to make them "Auctions" despite the trickery that some have employed to push the scales in their direction.
But, that's just my opinion and as an educated buyer I would not allow myself to "bid" more than what I felt an item was worth. This is the reason I usually avoid BINs. Sniping software, on the other hand, is probably the reason that so many BINs exist since they subvert the "auction" process.
As for the possibility of increasing shill bidding, I don't think so since the shill usually operates well before then end of the listing thereby insuring that the seller at least gets what is desired for the item. On the same token, sniping is probably the culprit that generated the need for shills.
I decided to change calling the bathroom the John and renamed it the Jim. I feel so much better saying I went to the Jim this morning.
<< <i>I have heard a lot of crazy things here - but ebay sellers being the customers is the craziest. >>
Wow, I just passed this one over but hopefully you've been set straight in that Sellers are eBays ONLY customers since they are "buying" eBays "services".
State that sellers are not customers is something I would expect to hear from an eBay rep.
I decided to change calling the bathroom the John and renamed it the Jim. I feel so much better saying I went to the Jim this morning.
<< <i>Unfortunately, IMO, neither scenario can be justified as the snipe program cheats eBay and the seller by eliminating bids... >>
I'm pretty sure if eBay thought snipers were eliminating bids and hurting auction results, they'd not hesitate in eliminating the practice.
edited to add... there have been numerous posts on this board saying that sniping is the only way that the poster will bid. If those posters are being honest with their comments, eliminating sniping will eliminate bids.
The comment that "A bidder has to be prepared" follows that same line of thinking that a person selling a coin, to say an untrustworthy dealer, "has to be prepared". Unfortunately, IMO, neither scenario can be justified as the snipe program cheats eBay and the seller by eliminating bids just like the unscrupulous dealer cheats a seller who just does not know any better.
I stand by my statement that a buyer has to be prepared. Just as a buyer of any item, house, car, or anything else has to be prepared. Saying that this follows some other line of thinking is incorrect. You are confusing buyers with sellers. Caveat emptor (let the buyer beware) is the phrase I believe.
Yes I do use a snipe program for some items where I cannot be at the computer at the selling time. A snipe program does not cheat anyone. It is just a means of getting to an end. Snipe programs add more bids, not less. Without a snipe program I would have missed out on a lot of bids. I do not win most of my snipe bids. I am usually the second or even third or fourth place bidder, this increases the bids, the final bid (whether I win it or not) and the price that the seller gets and the more money ebays gets for the final selling fee.
As for the possibility of increasing shill bidding, I don't think so since the shill usually operates well before then end of the listing thereby insuring that the seller at least gets what is desired for the item. On the same token, sniping is probably the culprit that generated the need for shills.
Shills were around long before snipe programs. Why do you feel that there is a need for shills? Shills can operate right up to the end of the auction-especially if it is the owner themselves trying to get more money than something is worth. Shilling happens everywhere not just coin auctions.
Comments
<< <i>
<< <i>Obviously ebay (one of the most successful internet businesses ever) also views the BUYERS as the customers. >>
If you call a tail a leg, how many legs does a dog have? >>
Does calling a tail a leg make it a leg?
Lance.
Lafayette Grading Set
<< <i>When an auction is suppose to be over it's should be over. Would the NFL extend the time remaining just because a team is driving for a winning score with very little time left just to make it exciting. >>
I think a better analogy for an auction would be an auction. Not a football game.
My Early Large Cents
``https://ebay.us/m/KxolR5
<< <i>An auction was extended 10 seconds every time there is a bid in the final seconds. So that all the bidding is complete and that a bidding war could erupt. When there are no bids for 10 seconds, then the auction could end. >>
The flippant answer would be that you should set up a competing auction site and run it by these rules. Build a better mouse trap, reap the rewards.
Coin Rarities Online
<< <i>
<< <i>
<< <i>I do not see any benefits to the buyer if the bidding is extended in this manner. >>
The benefit is to the buyer who is unable to accurately value an item on his own and needs the help of other bidders' confirmation (by their participation in the bidding) that he is not overpaying for something. >>
A bidder has to be prepared - not trust other bidders who may be shills. And that brings up a new thought--Do you think that such a system would increase shill bidding? >>
Your defense of "snipe programs (actually max bid programs) is obvious since you use one or maybe two.
The comment that "A bidder has to be prepared" follows that same line of thinking that a person selling a coin, to say an untrustworthy dealer, "has to be prepared".
Unfortunately, IMO, neither scenario can be justified as the snipe program cheats eBay and the seller by eliminating bids just like the unscrupulous dealer cheats a seller who just does not know any better.
Since eBay has "Auction Style Listings", eBay should make every effort to make them "Auctions" despite the trickery that some have employed to push the scales in their direction.
But, that's just my opinion and as an educated buyer I would not allow myself to "bid" more than what I felt an item was worth. This is the reason I usually avoid BINs.
Sniping software, on the other hand, is probably the reason that so many BINs exist since they subvert the "auction" process.
As for the possibility of increasing shill bidding, I don't think so since the shill usually operates well before then end of the listing thereby insuring that the seller at least gets what is desired for the item. On the same token, sniping is probably the culprit that generated the need for shills.
The name is LEE!
<< <i>I have heard a lot of crazy things here - but ebay sellers being the customers is the craziest. >>
Wow, I just passed this one over but hopefully you've been set straight in that Sellers are eBays ONLY customers since they are "buying" eBays "services".
State that sellers are not customers is something I would expect to hear from an eBay rep.
The name is LEE!
<< <i>Unfortunately, IMO, neither scenario can be justified as the snipe program cheats eBay and the seller by eliminating bids... >>
I'm pretty sure if eBay thought snipers were eliminating bids and hurting auction results, they'd not hesitate in eliminating the practice.
edited to add... there have been numerous posts on this board saying that sniping is the only way that the poster will bid. If those posters are being honest with their comments, eliminating sniping will eliminate bids.
all buyers had to sell x amount of items per year, to get a taste of being a seller. i.e. shipping, going to the PO, dealing with returns, etc..
I stand by my statement that a buyer has to be prepared. Just as a buyer of any item, house, car, or anything else has to be prepared. Saying that this follows some other line of thinking is incorrect. You are confusing buyers with sellers. Caveat emptor (let the buyer beware) is the phrase I believe.
Yes I do use a snipe program for some items where I cannot be at the computer at the selling time. A snipe program does not cheat anyone. It is just a means of getting to an end. Snipe programs add more bids, not less. Without a snipe program I would have missed out on a lot of bids. I do not win most of my snipe bids. I am usually the second or even third or fourth place bidder, this increases the bids, the final bid (whether I win it or not) and the price that the seller gets and the more money ebays gets for the final selling fee.
Shills were around long before snipe programs. Why do you feel that there is a need for shills? Shills can operate right up to the end of the auction-especially if it is the owner themselves trying to get more money than something is worth. Shilling happens everywhere not just coin auctions.