Ahhh - now that is interesting. If you are planning to venture into the auction
forest, better load for eBayer. - Phil
On 21:07, Jeff Keller wrote:
>yaBe shows canceled bids fortunately. If someone places a
>ridiculously high bid, then withdraws it claiming they made an
>error, the max bid of the previous bidders will be obvious before
>the bid is withdrawn. Also the reserve price will be visible.
>
>yaBe had a problem awhile back where some sellers would have shills
>keep bidding on something that was purported to be valuable but in
>reality was fake or junk. Real customers would be caught up in the
>bidding frenzy and bid against the shills untimately being stuck
>with expensive junk. Doesn't normally affect snipes since they are
>setup before the shills do much.
>
>Make sure your snipe isn't too early. When I place a manual snipe I
>believe it would take me less than 15 seconds to revise it and place
>it again.
>
>Also look at the difference between your bid and the next highest.
>YaBe has a minimum increment that varies with last bid price. If
>your bid is regularly at the absolute highest you entered and the
>second highest bid is the minimum increment below that, that is an
>amazing coincidence unless you are entering bids in simple multiples
>of for instance $5. The going price of Olympus gear is known by many
>of the regular bidders. It's not too surprising that the winning
>bids often fall in a narrow range.
>
>If another bidder knows you are going to put in a snipe, they can
>check out your bidding history and make a guess what you will do.
>
>-jeff
==
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