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 Replies: 11 / Views: 1,431 |
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Moderator
 United States
6563 Posts |
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Moderator
 United States
23522 Posts |
The impression I get is that it starts bidding as soon as you tell it to. That totally defeats the purpose of a snipe; if I wish to drive the price of an auction up, I'll do it in person, thank you.  |
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Bedrock of the Community
United States
14454 Posts |
Yes thats not a sniping program that is just a bidding assistant where it will bid on everything that is on the list until you win one of them for the price you have set. For example if you see 5 1878 morgans that you would like to have and you are only willing to pay 100.00 for them all you do is add all 5 to the list and it will place a bid of 100.00 on the one ending first and if you get out bidded on that one it will bid 100.00 on the next one ending next and so on but if you win the 3rd one you have in your list it will not bid on the 4th and 5th coin. A sniping program will bid the 100.00 in the last few seconds of the auction which gives you a better chance of winning because your 100.00 bid isn't in there until the last few seconds and no one has time to rebid if they bidded 99.00 but was willing to pay 105.00 and was trying to get a bargain
Edited by Bryan1315
05/18/2007 3:39 pm
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Pillar of the Community
United States
1984 Posts |
Yep, better to avoid ebay products as they are not designed for the benefit of buyer or seller, but for the benefit of ebay.  |
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Forum Dad
United States
24165 Posts |
quote:
Yep, better to avoid ebay products as they are not designed for the benefit of buyer or seller, but for the benefit of ebay.
Sounds like a great tool for the right situation to me. You're going on vacation and there's 3 aquamarine widgets ending while your gone. Put them in a group with a max bid, go on vacation and forget about it. You don't have to risk winning all 3, so what's the problem? Selling Manager Turbo Lister File Exchange All tremendous ebay tools for ebay sellers. 2 of the 3 are totally free, and one is free if you have a store, so they don't benefit ebay one iota unless you have selling manager without a store. Even then, it's only 5 bucks/month to save tons of time. |
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Pillar of the Community
United States
1984 Posts |
I should have been more specific. My comments should have been "better to avoid this particular ebay product since its design is a profit driver for ebay rather than for you as an ebay buyer." It's not like ebay can guarantee that no matter what happens, you'll get one of your five items. It's not really different enough from setting a max bid on a single item to even make writing this much about it worthwhile, really. Ultimately all of ebay's tools are designed for ebay's profits; whether they also provide some benefit to sellers or buyers is peripheral. What do you think would happen if ebay did offer it's own version of a sniping program? Of course ebay will give away tools that generate more fees. The bidding assistant is a final value fee driver and is far less effective (from a buyer's perspective) than a sniping tool. If you know what you want and what you are willing to pay why should you start bidding the item up 9 days before it ends? And it's not like they don't have computers where most people go on vacation. |
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Pillar of the Community
United States
2703 Posts |
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If you know what you want and what you are willing to pay why should you start bidding the item up 9 days before it ends?
Bidding a coin up early on is another winning strategy. I do it all the time to discourage those nasty snipers. I also do it to give visible support the dealers I like, since I want them to be successful and to stay in business. A third benefit is that it also tends to bring out more nice coins immediately into the marketplace (in my little collecting niches), because sellers can see there are active bidders for them. Plus I like to see the nasty snipers pay too much when they do bite me. Edited by t360
05/22/2007 10:54 am
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Pillar of the Community
United States
830 Posts |
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Bidding a coin up early on is another winning strategy. I do it all the time to discourage those nasty snipers.
I love your philosophy as it mirrors my own. I, too, bid early, and nice and HIGH for something I really want. That way, I know that if I win it, I've paid my maximum or less. If I lose, I know I made a sniper pay a bundle for the item.  |
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Pillar of the Community
United States
1984 Posts |
The early bid strategy can certainly work and has worked for me, but are you saying that if you bid $150 for a coin and a sniper gets it for $152.50 that they've paid too much, or even "a bundle"? I'm not sure what makes $2.50 a bundle when it won't even buy a fancy coffee drink. Maybe I'm not understanding your philosophy. If you bid $150 for a coin the moment it's listed, I assume you think the coin is worth $150, or are you bidding $150 to protect the coin hobby, since a coin of that quality shouldn't sell for less than that amount?
Also, there's a fine line between bidding high for a coin you really want and bidding high for a coin you know you can return to a dealer with whom you are friendly. One is called overpaying and one is called shill bidding. As long as you know which one you are doing.
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Pillar of the Community
United States
2703 Posts |
I don't ever return anything, if I don't like what I get, I just don't come back.
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Pillar of the Community
United States
2703 Posts |
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Pillar of the Community
United States
1984 Posts |
I guess that would work if our grocery stores would ever close...  |
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Replies: 11 / Views: 1,431 |
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Posted 05/18/2007 3:36 pm
