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For those who have seen the Moonwalker Control Panel on Ebay..

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ften:

A sniping websites are no fun. Where is the rush of bidding in the last 10 seconds, or the fun of having one window open with the confirm bid screen and the other continually refreshing so you can see what the latest bid is. Winning auctions on EBay would be boring with out that.
Bidding within the last 10 seconds and at a strange number like X dollars and 78 cents always seems to get me what I want.

-FTen


u_rebelscum:


--- Quote from: Abomination on September 19, 2005, 01:22:30 am ---....  Its always better to snipe if its something you really want and it will usually save you money if there is more than 1-2 people bidding on the item, people always talk themselves up over what they intended to pay when they see the numbers, they think hell its only 5$ ect.
--- End quote ---

Finally a logical reason on why bidding early can result in higher prices and losing the bid, besides a version "that's the way it is" & "it works".  The "other people have more time to react" arguement doesn't make sense by itself.  It needs the above post (or that no one bids their max in the first place) to have any weight.

Of course there's the
--- Quote from: Crazy Cooter on September 19, 2005, 10:59:12 am ---... I forget and miss about 75% of the auctions I wanted to bid on.

... and I'm too lazy to sign up for an autobid/snipe site.
--- End quote ---
reason why biding late keeps the final price down. ;)  (Same reason I always lose, too)

NoOne=NBA=:

That's the argument I've always used, occasionally with examples from recent auctions where one bidder's "max" bid went from $50 with 3 days left to $80 with 20 minutes left to $120 with 10 minutes left, etc...
If their "max" bid is $50, and you don't outbid them until there's 3 seconds left, they don't get a chance to CHANGE their "max" bid.

Also, if their max bid is already at $120 early, YOU don't get a chance to rethink YOUR max bid, and pay more than you really wanted to, just to win.
The downside to that is that I've lost alot of auctions that went for $0.50 more than I bid.
You don't know what their real maximum was in that case though, so I always assume it was alot higher than I would have bid with a "new" maximum.

The only ones I really get mad at are when my cable goes out while I'm trying to snipe.
That's happened to me about 1/2 dozen times, and I've seen items go for $0.06, when I was TRYING to bid $15+ on them.
I've usually ended up having to spend $15+ to get the next one that came up.

the3eyedblindman:

Thats what im trying to say, bidding your max bid makes the auction rise quick if someone outbids you, and lets you know you just lost the auction. Thats why I usually put a reasonable bid in, just to smooth things out, sometimes people dont even bid against you, then if you do get outbid you still have your max bid to put up. Anyways, my logic obviiously worked, because I wont.

krick:

This is the place I use all the time...

http://www.vrane.com/

If you do the free snipe thing, you can only have one snipe in at at time.

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