On Apr 18, 3:10=A0pm, Payton Byrd <plb...@[EMAIL PROTECTED]
> wrote:
> On Apr 18, 1:29 pm, "Michael J. Mahon" <mjma...@[EMAIL PROTECTED]
> wrote:
>
>
>
>
>
> > Steven Hirsch wrote:
> > > Michael J. Mahon wrote:
>
> > >> vcgm.gro...@[EMAIL PROTECTED]
wrote:
>
> > >>> Items can be posted in auction format (buy-it-now can be used for
fl=
at-
> > >>> rate sales) with descriptions and a photo gallery for each. Bids
on
> > >>> items within the last two minutes of an auction will extend that
> > >>> auction by 30 minutes, making sniping a thing of the past.
>
> > >> ...and making emotional p***ing contests in the middle of the
> > >> night a thing of the present. =A0;-)
>
> > >> Think about the price that would make you a satisfied buyer if
> > >> you won and a satisfied loser if you didn't--then snipe that bid
> > >> to protect it from people who like to steam open envelopes...
>
> > >> As you can see, I much prefer sealed-bid auctions. =A0;-)
>
> > > I can think of one good way to outright discourage sniping.
=A0Introdu=
ce a
> > > random posting dither to any bids placed in the last few minutes,
with=
> > > the uncertainty growing higher as the finish time approaches.
=A0That
> > > should neatly prevent the pile-on of automatic snipes in the last
few
> > > seconds.
>
> > I greatly prefer snipes--all snipe bids are "sealed bids".
>
> > Sealed-bid auctions are free from emotional bidding, which leads to
> > bids more accurately reflecting the value of the item to the bidders.
>
> > Sellers may prefer emotional interactive bidding, which often leads
> > to irrational prices.
>
> As a seller I much prefer the eBay method of ending the auction when
> the auction is scheduled to end. =A0I believe Yahoo Auctions did the
> automatic 30 minute extension and I remember it being very frustrating
> to wait for hours to get another $0.50 in bids. =A0The eBay system of
> defining your maximum bid is the simplest (and most effective) way to
> ensure that the interests of both the buyers and sellers are
> protected.- Hide quoted text -
>
> - Show quoted text -
I agree with Payton.. and as both a seller and a buyer on ebay, I
don't see anything wrong with sniping. As a seller, I can protect
myself with a reserve price, and as a buyer, hey, if everyone justed
entered really at any time, the bid at which they'd be happy if they
won or ok if they lost (as Michael said), then it doesn't matter
whether there's sniping or not.
JS
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