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 Replies: 11 / Views: 1,679 |
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Moderator
 United States
16681 Posts |
Just listed a coin today. 2 unique bidders, already 40 bids between them. I don't use snipe stuff. Is that what that is  All I can think of. swcoin.ecrater.com
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Pillar of the Community
United States
7840 Posts |
From what I understand "sniping" is when someone places a last couple of seconds bid to try and shut out any future bids.
It may be some "healthy" activity between two enthusiastic bidders.
I just took a look at the 1877 Cent, the lesser feedback bidder finally overtook the higher feedback bidder after some persistence.
Edited by oih82w8
12/27/2013 11:06 pm
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Bedrock of the Community
13014 Posts |
it could also be that some people will make a lot of small bids thinking it will scare away bidders at the end. Whether or not thats effective is debatable.
It does seem like since they redid the interface more people are just clicking the quick bid instead of putting in max bids too
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Pillar of the Community
United States
7840 Posts |
 very possible on the "quick bid" button. Edited by oih82w8
12/27/2013 11:07 pm
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Pillar of the Community
Canada
4944 Posts |
That was my first thought as well. |
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Moderator
 United States
16681 Posts |
baseball21,
My second thought :-)
swcoin.ecrater.com
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Pillar of the Community
United States
1130 Posts |
Quote:
it could also be that some people will make a lot of small bids thinking it will scare away bidders at the end. Whether or not thats effective is debatable.
It does seem like since they redid the interface more people are just clicking the quick bid instead of putting in max bids too Yep, that is what I figure also. |
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Moderator
United States
23522 Posts |
Buyer #1 bids a huge number, but ebay only places it at the opening bid because that's all that's necessary. Buyer #2 makes an equally-huge overbid, but ebay only places it one increment over the first bidder because that's all that's necessary. ebay then sees that Buyer #1 has an overbid in place..... Dog chases tail for a while. I'll bet those two bidders are more surprised than you. |
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Pillar of the Community
United States
4085 Posts |
SsuperDave, I am pretty sure that's not how ebay would do an auto bid in that situation. Since ebay knows both bids, it doesn't do incremental bidding - it just bids straight to the higher value. For example, if bidder one puts a $100 bid on a item starting at $0.99, it will go to $0.99. But if a second bidder bids $200, it will enter a single bid of $102.50, which is the next increment over $100. If bidder one then bids $300, it would enter a bid of $305, which is the next increment over $300. If there are 40 bids, this is either 2 bidders manually entering bids just over the previous bid or one bidder entering a bid just over the "current price" and the ebay proxy bidding on the other bidder's behalf: http://pages.ebay.com/help/buy/auto...bidding.htmlVermontensium, it is bidders like these that are precisely why I believe sniping is a better strategy on ebay. You get people who will only bid until they are "winning", rather than enter a maximum bid. So - let them think they are winning until the very last second when you (the sniper) swoop in when it's too late for them to react. |
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Pillar of the Community
Canada
2124 Posts |
Anyway you should be happy ....
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Moderator
United States
16681 Posts |
Oh, no doubt! Was just a little perplexed was all :-)
swcoin.ecrater.com
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Pillar of the Community
United States
4085 Posts |
Realized I had incorrct numbers in my original post. Here's the correct version:
For example, if bidder one puts a $100 bid on a item starting at $0.99, it will go to $0.99. But if a second bidder bids $200, it will enter a single bid of $102.50, which is the next increment over $100. If bidder one then bids $300, it would enter a bid of $305 $202.50, which is the next increment over $300 $200.
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Replies: 11 / Views: 1,679 |
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Posted 12/27/2013 11:06 pm
