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Old 06-02-2011, 06:52 PM
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twistedsymphony twistedsymphony is offline
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Default Re: Why do eBayers drive prices.

Quote:
Originally Posted by asiak75 View Post
If two or more person want the item badly and you bid in the last moment. Its not an auction anymore in my eyes its a lottery game since it is time that is a factor.
eBay works mostly like Silent Auction... you have a time limit in which you can place your bid, it doesn't matter if you place it in the first 5 seconds or the last 5 seconds, the highest bid wins...

The only people who lose because of a last second bid at the end are those who don't fully understand how the eBay biding process works.

"If two or more people want an item badly", they should both punch in the maximum amount they're willing to pay for the item and the person who is willing to pay more will win the item.... it doesn't matter who entered their amount first, there's no "lottery" involved.
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