Due to the age of this thread, it has been closed to further replies. Please feel free to start a new thread if you wish to continue to discuss this topic.
Thank you for understanding.
Anonymous User
·12 years ago
That is what bidding is all about. If you really want it so badly, bid at higher price so you can win for sure, otherwise you are out each time if you bid at the most lowest price each time. Good luck in bidding.
It may be sniping, but if the sniper paid more than you were willing to pay, then he paid too much and is a sucker.
Sniping is last minute bidding. Which is what you are doing when you hang over your keyboard, bidding and rebidding.
The winners may be using the same method. or an electronic sniping service which does it for them.
Or the winner may have bid early, bid their maximum, and left, knowing that the proxy bidding system will continue raising their bids until that maximum is bid.
For example.
An item has an opening bid of $10
I want it and on Day Five of the seven day auction I bid $100.
The winning bid shows as $10
You see in on Day Six and bid $11.
The winning bid now shows as $12, still to me.
You continue bidding one or two dollars more, until you are bidding $50.
The winning bid is now $51, to me.
Then another bidder sees it and using a service like esnipe, bids $87.21 to be put on Day 7, Hour 23 Minute 58.
There is no change, because eBay can't see that bid.
You come bace on Day 7 Hour 23 and bid $85
The winning bid is now $86 to me. Still.
Meanwhile I am on a hunting trip, with an elk in my gunsights.
At Day 7, Hour 23 Minute 58 esnipe makes that last second bid for $87.21.
You quickly bid $88 but the winner is me at $89.21.
I am delighted that I got the item under my $100 maximum, but I don't know about it until I get back from hunting.
What you see there is a "proxy bidder" (me), a "nibble bidder" (you) and a "snipe bidder". Any one of us could have won, but the winning bid would have to be more than my $100 maximum.
If you bid early you will, Never win an auction. Drive up the price unnecessarily. This is why long auctions are ridiculously unnecessary. Most of the effective bidding is done in the last 3 seconds. Early bidders are a real irritant.
If you bid early you will, Never win an auction. Drive up the price unnecessarily.
How does an early bid drive up the price of an auction? If an auction starts at $20 and I bid $100 as the first bid, the bidding isn’t driven up to $100 right away.
kh-leslie
·3 years agoHi everyone,
Due to the age of this thread, it has been closed to further replies. Please feel free to start a new thread if you wish to continue to discuss this topic.
Thank you for understanding.
Anonymous User
·12 years agoThat is what bidding is all about. If you really want it so badly, bid at higher price so you can win for sure, otherwise you are out each time if you bid at the most lowest price each time. Good luck in bidding.
femmefan1946
·12 years agoIt may be sniping, but if the sniper paid more than you were willing to pay, then he paid too much and is a sucker.
Sniping is last minute bidding. Which is what you are doing when you hang over your keyboard, bidding and rebidding.
The winners may be using the same method. or an electronic sniping service which does it for them.
Or the winner may have bid early, bid their maximum, and left, knowing that the proxy bidding system will continue raising their bids until that maximum is bid.
For example.
An item has an opening bid of $10
I want it and on Day Five of the seven day auction I bid $100.
The winning bid shows as $10
You see in on Day Six and bid $11.
The winning bid now shows as $12, still to me.
You continue bidding one or two dollars more, until you are bidding $50.
The winning bid is now $51, to me.
Then another bidder sees it and using a service like esnipe, bids $87.21 to be put on Day 7, Hour 23 Minute 58.
There is no change, because eBay can't see that bid.
You come bace on Day 7 Hour 23 and bid $85
The winning bid is now $86 to me. Still.
Meanwhile I am on a hunting trip, with an elk in my gunsights.
At Day 7, Hour 23 Minute 58 esnipe makes that last second bid for $87.21.
You quickly bid $88 but the winner is me at $89.21.
I am delighted that I got the item under my $100 maximum, but I don't know about it until I get back from hunting.
What you see there is a "proxy bidder" (me), a "nibble bidder" (you) and a "snipe bidder". Any one of us could have won, but the winning bid would have to be more than my $100 maximum.
peclem38
·3 years agoNever win an auction.
Drive up the price unnecessarily.
This is why long auctions are ridiculously unnecessary.
Most of the effective bidding is done in the last 3 seconds. Early bidders are a real irritant.
mrdutch1001
·3 years ago@kh-leslie
ZOMBIE THREAD FROM 2013!
marnotom!
·3 years agoHow does an early bid drive up the price of an auction? If an auction starts at $20 and I bid $100 as the first bid, the bidding isn’t driven up to $100 right away.