Nothing complex about it, you're being outbid by snipers. Buying stuff on ebay
is a sham.
http://www.xellsoft.com/HarvEX.html
73,
Blake N4GI
----- Original Message -----
From: Don Havlicek <n8de@thepoint.net>
Date: Wednesday, October 20, 2004 2:05 pm
Subject: Re: [Amps] Blowing off steam
> eBay bidding goes like this:
> If two people bid on an item .. the higher bidder will be listed
> as the
> HIGH bid .. but only at an increment above the lower bidder. The
> increments depend on the price range .. at very low prices .. it's
> only
> 50 cents .. then it moves to $1 .. then to $2.50 .. then $5.00 ...
> and
> higher increments for much higher prices.
>
> Assume the starting price is $298 ... If you bid $315 ... your bid
> will
> be $298 ... until someone bids higher [increment at that point is
> $5] ..
> their minimum bid must be $303 ... let's say they bid $310 ... at
> that
> point .. they will be notified that 'you have been outbid by
> another
> bidder' ... and the mid price will be $315 [increment above their
> bid].
> ETC.....
> Don
> N8DE
>
> W0UN -- John Brosnahan wrote:
> > At 12:35 PM 10/20/2004, Bill Turner wrote:
> >
> >> On Wed, 20 Oct 2004 11:57:41 -0400, Will Matney wrote:
> >>
> >> >All in all, it makes me think about Jay Leno's "Jay Walking"
> skit. I
> >> >didn't know there was that many folks out there that dense.
> >>
> >> _
> >
> >
> >
> >
> > Bidding will auto-increment on eBay. So if two (or more) people set
> > an upper limit the program will increment each one until it runs out
> > of "limit".
> >
> > In a recent case I put in a limit of $310 for an item that had a
> minimum> bid of $298. Since I was the only bidder on the item I
> got it for $298.
> > The auto-increment program didn't have to do anything.
> >
> > I am not positive of the details of how the auto increment works
> but I
> > think it will work so that if someone puts in a $300 bid and I
> put in a
> > $310 LIMIT bid and someone else puts in a $315 LIMIT bid then
> the third guy
> > will get the item at $311. But I am not sure if the computer
> will
> > increment
> > my bid to $301 and then auto increment the other limit bid to
> $302 and then
> > auto increment mine to $303 until it gets to the total final
> $311 or if
> > it is "smart"
> > and just makes the jump to the top automatically.
> >
> > So, from that perspective, it is not like an "in-person" auction
> exactly.> This might explain how the bidding jumps up a number of
> times> by the same people. It may just be auto incrementing.
> >
> > Under this scenario you just decide what is the maximum price you
> > are willing to pay and the bidding will get you the item for the
> least> amount of money that exceeds everyone else's idea of what the
> > maximum they will pay. If you get beat then it is because someone
> > else was willing to pay more for it than you would.
> >
> > BTW I have only done a couple of eBay bids--lost one and won
> one--
> > so I am NO expert. But it seems like a pretty fair way to run
> things--
> > because you set your own max that you are willing to pay. There is
> > the risk that you are bidding against a shill of some sort.
> But you
> > never have to pay more than you are willing to pay. And "shills"
> > are not unique to eBay. I once bid on a lathe at a "live" (real
> people> holding up their numbers) auction and was beat out by
> someone else
> > when they went higher than I wanted to go. But, amazingly, the item
> > was RE-auctioned at the end of the sale and I bought it the
> second time.
> >
> > It could have been a shill bidding against me--but maybe it was
> someone> who exceeded his ability to pay by buying too much and
> just could not
> > afford to pay for the item when it was time to settle. But I
> assume it
> > was a shill. The good news is that the second time I got it for
> less
> > money.
> >
> > --John W0UN
> >
> >
> > _______________________________________________
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> > Amps@contesting.com
> > http://lists.contesting.com/mailman/listinfo/amps
> >
>
>
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