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Does 78% Of 215 Bids In The Last 30 Days Indicate A Shill?

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coinguybrian's Avatar
United States
5375 Posts
 Posted 05/16/2010  4:09 pm Show Profile   Bookmark this topic Add coinguybrian to your friends list Get a Link to this Message Number of Subscribers
Especially when they bid up a coin from $2000 to $5000 rapidly?

http://cgi.ebay.com/ws/eBayISAPI.dl...TRK:MEWAX:IT
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Halfwitty's Avatar
United States
1523 Posts
 Posted 05/16/2010  4:17 pm  Show Profile   Bookmark this reply Add Halfwitty to your friends list Get a Link to this Reply
That just means that there was a reserve placed.Nothing unusual.
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coinguybrian's Avatar
United States
5375 Posts
 Posted 05/16/2010  4:35 pm  Show Profile   Bookmark this reply Add coinguybrian to your friends list Get a Link to this Reply
This seller doesn't use reserves.
Edited by coinguybrian
05/16/2010 4:35 pm
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edgman's Avatar
United States
402 Posts
 Posted 05/16/2010  5:21 pm  Show Profile   Bookmark this reply Add edgman to your friends list Get a Link to this Reply
Right now there are 7 different bidders pushing this price up. Is there a shill involved? Almost impossible to tell from the bid history. Only see a slight pattern on this item that would suggest it. You could possibly find a pattern on the seller if you wanted to but it involves quite a bit of work and I will not tell you how on this thread. Private email me if you want. A lot of big ebay sellers have friends (call it shill if you want) who will bid up the item if the bidding is too low or to make the item look more attractive by having a lot of bids. Used to be very rampant on ebay years ago. Some people on this forum will say that's not true but believe me it is! ebay goes to a lot of trouble to keep those things out but its almost impossible and basically shills are doing nothing illegal unless they don't actually purchase the item.

edgman
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Saruma's Avatar
United States
968 Posts
 Posted 05/16/2010  6:19 pm  Show Profile   Bookmark this reply Add Saruma to your friends list Get a Link to this Reply
Shadow,

I think Halfwitty means the buyer's maximum bid instead of the seller's reserve. ebay is somewhat confusing in the way it displays the bid history. In this case I assume you are referring to buyer OM. He put in a bid of 555.65, a couple other people bid higher and he came back with 1,515. Here is where things may have gotten confusing:

DA made a bid at 9:26 this morning 2,250. The next bid was RA at 11:43 AM with $5451... NOT OM. OM then had a series of 3 bids at 11:59am, the highest being $4949, which was below RA's bid 17 minutes earlier. That appears to be ebay doing automatic bidding for OM based on they way he set up his bid for this item. I think it is just a quirk of ebay's system that made it look like OM ran up the price in a short time when he actually had nothing to do with it. DA then came in with a bid of $5500 and won. Why it shows two bids from him for the same amount I don't know.
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coinguybrian's Avatar
United States
5375 Posts
 Posted 05/16/2010  6:30 pm  Show Profile   Bookmark this reply Add coinguybrian to your friends list Get a Link to this Reply
Yeah, I understand how that whole system works and it really can be kind of confusing, I just mean that the 78% thing seems suspicious to me. It seems that much of the time high end sellers may use friends instead of outright shills, because its too easy to get caught.
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Saruma's Avatar
United States
968 Posts
 Posted 05/16/2010  6:58 pm  Show Profile   Bookmark this reply Add Saruma to your friends list Get a Link to this Reply
I agree 78% seems odd. I only meant to comment on the quick run up of bids by OM in that auction, which on its own seemed perfectly normal. While I think shills should be stopped when found, if a regular buyer goes in knowing what the maximum he will pay for a particular coin is (and refuses to bid a cent over that amount) then a shill should only be a minor problem.
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edgman's Avatar
United States
402 Posts
 Posted 05/16/2010  7:12 pm  Show Profile   Bookmark this reply Add edgman to your friends list Get a Link to this Reply
One way to possibly (notice I said possibly) tell if people are bidding on a sellers item without the intent of buying it is: Look at all the items that seller is selling. The more the better. Look at all the bid histories of all his items and see if you can spot one user bidding on a few of his items. Don't just look at the coins he is selling but everything. If one user is bidding on say coins, books and clothes from one seller a pattern starts to exist. If that user starts bidding early or late the pattern gets bigger. Look at similar coins and see if that bidder is bidding on any of them especially if they are a better deal. If not, why? Next week do the same with that seller and if the same bidder appears again, if so there is a possible problem. Saruma is right in his explanation of the bidding on this coin. First thing I noticed was OM bidding 3 x in a row. Next thing was 2 or more bidders with the user name starting with the letter "O" even though it ended differently. Little things add up. Used to do analyzing stuff like this for a living. Looking for patterns. Edgman is short for "electronic data gathering analyzing and retrieving" man. Still like getting into it.

edgman

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Australia
1040 Posts
 Posted 05/16/2010  7:39 pm  Show Profile   Bookmark this reply Add latman100 to your friends list Get a Link to this Reply
You never know. I use Oztion, an Aussie version of ebay. There was one seller there (unfortunately it looks like he has retired now) who would get nearly 100% of all the bids I placed there. His coins were always perfectly described, he had great service, he would throw in freebies every now and again and would always answer questions honestly and quickly. Looking at his bid histories, it would appear as though I was shill bidding. Truth is I just really wanted his coins in particular.

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coinguybrian's Avatar
United States
5375 Posts
 Posted 05/17/2010  9:36 pm  Show Profile   Bookmark this reply Add coinguybrian to your friends list Get a Link to this Reply
Yeah but the difference is...first this guy isn't winning very many, so hes placing a lot of bids but not getting them. Second, its over two hundred. I mean, there could be some explanation, but I've been suspicious of this certain user before (I deduced their ID) and it smells fishy to me.
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vermontensium's Avatar
United States
16677 Posts
 Posted 05/17/2010  9:41 pm  Show Profile   Check vermontensium's eBay Listings Check vermontensium's eCrater Listings Bookmark this reply Add vermontensium to your friends list Get a Link to this Reply
Shady and fishy has become the brand of ebay lately. Sad.
swcoin.ecrater.com
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livingdinasaur's Avatar
United States
1571 Posts
 Posted 05/17/2010  9:59 pm  Show Profile   Bookmark this reply Add livingdinasaur to your friends list Get a Link to this Reply
Since they quit placing the bidders ID on the page, (or in the windowa0, It is hard to tell. When I run across something I want in an auction, My bid will be the MAX I will pay for the item. Then ebay will notify me that, "you are still the top bidder", Or, "Youu have been out-bid, etc". I used to go along with the bidding, and always ended up losing out, or paying too much. That type bid could account for the rapid bidding, "shill effect". I seldom bid, on ebay. I use the "Buy-it-now", and If I like the price, I'll buy it. I have seen "shill bidders" in live auctions for surplus commodities, and have kept a good eye on the staff, and floor workers when bidding. I have managed to "drop it" on them, several times. The auctioneer, doesn't like that.
Dick
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