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Old 06-05-2011, 12:17 AM
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Mike1888 Mike1888 is offline
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Default Re: Why do eBayers drive prices.

Quote:
Originally Posted by lhurgoyf View Post
Not entirely correct. eBay is a standard english auction type-- you can see if you have been outbid, you get immediate feedback on whether you are winning or not when you place a bid. A silent auction is silent. You place your bid anytime, at the end of the bidding period you see if you win.

The practice of sniping makes ebay almost like a silent auction. If 3 people are sniping, then neither has the opportunity to respond (even though they know if they did not win with their bid). eBay typically doesn't want this though.... with an english auction you know you didn't win and can re-evaulate you max bid = more $$ for seller and more fees for ebay.
Just watched an MGS3 Subsistence LE get bid on a good 20 times by a guy in the last 10 seconds until he eventually bested my bid by a cent.

Is this guy using a sniper? If so, I hate them.
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