I have to say me too, sorry. I always wait until the last 30 seconds to 1
minute to bid. Yesterday was the exception. I was tired and just bid anyways as
I couldnt hold my eyes open. If I had bid at the last minute, chances are the
guy would have never seen the bid and it went for the first price which was
around $7 if I recall. He surely wouldnt of had time too do much. I have Snipe
Monkey here and tried a few others. All they do is sync with eBays time and
send in a maximum bid in the last few seconds. Using a dial up though, aint too
good as some times is slower than others, and the snipe program will send it
too late! That happened to me a couple of times so I quit using it. As Tony
said, if you show your hand too soon, others has time to compensate and raise
their bids. Ahh well, the book was worth at least $20 so I'm not complaining,
but the $7 sounded better, hi hi.......
Best,
Will
*********** REPLY SEPARATOR ***********
On 5/4/05 at 11:42 PM Tony King - W4ZT wrote:
>Colin,
>
>I respectfully disagree with you. Whether you use a "sniping" program or
>whether you enter the bid manually (both work equally well in the last
>seconds), the benefit of not placing your bid earlier is to not show
>your hand which gives folks time to THINK about their maximum and creep
>up on yours. If they've loaded their snipe program with their maximum,
>it isn't like they had time to debate going over your bid, they are
>doing exactly what you would be doing; setting your maximum and pulling
>the trigger in the last seconds.
>
>The key is, as you say, not to get into a bidding war. Know your
>product, set your maximum and don't waiver in the heat of the auction.
>Ebay can be a good experience (and is for many of us) as long as you
>keep your wits and don't let emotion get into your pocket.
>
>73, Tony W4ZT
>
>k7fm wrote:
>> Holding your bid until the last few seconds accomplishes nothing, because
>> many of the bidders use "sniping" programs, which automatically check the
>> bid at the last few seconds, then up the bid to their maximum.
>>
>> While it appears that someone knows how much you bid, because the ending
>bid
>> will come at the last second, just barely higher than yours, it is all
>part
>> of the legal bidding process.
>>
>> Let us say you put in a maximum bid of $99.99. If the bidding process
>gets
>> to $97.50 and your bid must be $2.50 higher minimum, then the sniper
>program
>> will come out at $100 and appear to have beaten you by a penny.
>>
>> The secret is, if you want something, put in the maximum bid you are
>willing
>> to pay, then forget about it. Where bidders get messed up is when their
>> maximum bid changes depending upon whether or not someone else wants it.
> If
>> you want something, what someone else is willing to pay for it is
>> irrelevant. It only matters what you are willing to pay for it.
>>
>> I sell a few unwanted things on eBay, and from friend's estates. What I
>> find is that a number of people have money and hate to lose at a bidding
>> war, so they bid more than it is worth. To them, losing a bidding war is
>> failure. That is perfect for a seller. Keep it up.
>>
>> 73, Colin K7FM
>>
>>
>>
>
>
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