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#21
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Roadie, you don't understand how eBay works. Sniping is a valid technique
that a lot of people use. If it didn't work, people wouldn't do it and there wouldn't be third-party services that offer to do it for you. Simply "bid your maximum and forget about it" is for beginners, amateurs, or people that don't really care if they win an auction. If you truly want to win an item at the lowest possible price, you must incorporate sniping into your total strategy. Period. "Roadie" wrote in message ups.com... On Feb 2, 8:07 pm, Carter-k8vt wrote: Roadie wrote: You are giving the perfect description of someone who really doesn't know or care to know what the value of an item is. That person wants that radio and will snipe to get it. He is a seller dream cause he will come in with a premptive bid 10 secods before the auction close. Heart pounding, hands sweating he bangs the enter key at the last possible second so that he and he alone willl get that radio and the price is secondary. You say that like it's a bad thing. If snipers are concerned more about winning the auction than they are about the price they paid, that's ok as long as they acknowlege it. But for them to say they have found some secret strategy for minimizing their costs and at the same time winning auctions by sniping is largely self-delusional. To quote you: That person wants that radio and will snipe to get it. So why not? He wants it, he likes having it delivered to his front door, it's worth it to him. If YOU want it badly enough, feel free to snipe, bid high, whatever. And that's ok as long as the individual realizes that he is probably spending a lot more money than he would have had he applied a little self discipline by setting and sticking to an established price and not getting caught up in auction fever. eBay prices are like water. They seek their own level. Nobody puts a gun to anyone's head to force them to bid... P.S. Furthermore you say: so that he and he alone willl get that radio He and he alone? You and you alone? I miss your point. There is only one item so, yes, only -one- person will get it. That is a point that some of us seem to forget. It really does not matter when you enter your bid. It only matters that yours is the highest entered before the auction closes. Period. Again folks, this is an *AUCTION*, not Wal-Mart. *High* bidder wins. What else would you expect of an auction? |
#22
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On 3 Feb 2007 09:00:00 -0800, "Roadie" wrote:
On Feb 2, 7:55 pm, "Brenda Ann" wrote: "Roadie" wrote in message oups.com... You are giving the perfect description of someone who really doesn't know or care to know what the value of an item is. Value is subjective. It is based almost solely upon a persons desire to have the item. For instance, a specific bit of origami is made from less than a penny's worth of paper. However, if a person wants that bit of origami very badly, they may wish to bid hundreds of dollars to get it. This is that bit's value to that person, whereas to me it may not be worth as much as the paper it was made from. "True Market Value" is an artificial construct. Well, sure you and I likely value items differently. But the point remains that some of us know the value we assign to an item and others do not. Those that snipe and otherwise get caught up in auction fever bidding are more focused on getting the item than they are on what it is worth. It is not a truism that sniping implies "getting caught up in auction fever". I approach eBay, as I do antiquing, as "last chance shopping." If there is a item for bid that I want, it is because I can't just run down to the local mall and buy it. Manufacturers seem to be in love with change for change sake, not necessarily for true improvement. eBay presents occasional products that I know to be truly worthwhile. Monitoring an auction without advertising my participation as a bidding competitor allows me to make a last minute determination to outbid what I think any snipers out there are likely to bid in the final moments. If bidding exceeds my limit, so what, I'll wait for another auction. (I'm successful about 80% of the time with a sale price I'm truly happy with.) |
#23
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On Feb 3, 7:45 pm, Michelle wrote:
On 3 Feb 2007 09:00:00 -0800, "Roadie" wrote: On Feb 2, 7:55 pm, "Brenda Ann" wrote: "Roadie" wrote in message groups.com... You are giving the perfect description of someone who really doesn't know or care to know what the value of an item is. Value is subjective. It is based almost solely upon a persons desire to have the item. For instance, a specific bit of origami is made from less than a penny's worth of paper. However, if a person wants that bit of origami very badly, they may wish to bid hundreds of dollars to get it. This is that bit's value to that person, whereas to me it may not be worth as much as the paper it was made from. "True Market Value" is an artificial construct. Well, sure you and I likely value items differently. But the point remains that some of us know the value we assign to an item and others do not. Those that snipe and otherwise get caught up in auction fever bidding are more focused on getting the item than they are on what it is worth. It is not a truism that sniping implies "getting caught up in auction fever". I approach eBay, as I do antiquing, as "last chance shopping." If there is a item for bid that I want, it is because I can't just run down to the local mall and buy it. Manufacturers seem to be in love with change for change sake, not necessarily for true improvement. eBay presents occasional products that I know to be truly worthwhile. Monitoring an auction without advertising my participation as a bidding competitor allows me to make a last minute determination to outbid what I think any snipers out there are likely to bid in the final moments. If bidding exceeds my limit, so what, I'll wait for another auction. The bidding may exceed your limit no matter when you enter your bid. If you know that your are willing to pay no more than $100.00 for an item you could enter your bid at the first day or at the last minute. It makes no difference to the outcome. Ebay will always award the item to the highest bidder. It's that simple. (I'm successful about 80% of the time with a sale price I'm truly happy with.)- Hide quoted text - - Show quoted text - |
#24
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On Feb 3, 4:54 pm, "Unrevealed Source"
wrote: Roadie, you don't understand how eBay works. Sniping is a valid technique that a lot of people use. If it didn't work, people wouldn't do it and there wouldn't be third-party services that offer to do it for you. Yes, and scads of people believe and buy purportedly foolproof programs to beat the stockmarket and invest in real estate too. Unfortunately the person who makes the money is the guy selling the service. As with sniping software. Ebay works as follows: 1. Sellers offer items for sale and sometimes they have an established reserve. 2. Buyers make offers to purchase. 3. Ebay concludes the auction at a given time and ALWAYS awards the auction to the person with the highest bid. The high bidder may enter his bid on the first minute of the first day on on the last minute of the last day. It makes no difference to the outcome. If your bid is the highest you will win. Holding a bid until the end will have no effect on who wins because the winner is always determined by price. Simply "bid your maximum and forget about it" is for beginners, amateurs, or people that don't really care if they win an auction. If you truly want to win an item at the lowest possible price, you must incorporate sniping into your total strategy. Period. "Roadie" wrote in message ups.com... On Feb 2, 8:07 pm, Carter-k8vt wrote: Roadie wrote: You are giving the perfect description of someone who really doesn't know or care to know what the value of an item is. That person wants that radio and will snipe to get it. He is a seller dream cause he will come in with a premptive bid 10 secods before the auction close. Heart pounding, hands sweating he bangs the enter key at the last possible second so that he and he alone willl get that radio and the price is secondary. You say that like it's a bad thing. If snipers are concerned more about winning the auction than they are about the price they paid, that's ok as long as they acknowlege it. But for them to say they have found some secret strategy for minimizing their costs and at the same time winning auctions by sniping is largely self-delusional. To quote you: That person wants that radio and will snipe to get it. So why not? He wants it, he likes having it delivered to his front door, it's worth it to him. If YOU want it badly enough, feel free to snipe, bid high, whatever. And that's ok as long as the individual realizes that he is probably spending a lot more money than he would have had he applied a little self discipline by setting and sticking to an established price and not getting caught up in auction fever. eBay prices are like water. They seek their own level. Nobody puts a gun to anyone's head to force them to bid... P.S. Furthermore you say: so that he and he alone willl get that radio He and he alone? You and you alone? I miss your point. There is only one item so, yes, only -one- person will get it. That is a point that some of us seem to forget. It really does not matter when you enter your bid. It only matters that yours is the highest entered before the auction closes. Period. Again folks, this is an *AUCTION*, not Wal-Mart. *High* bidder wins. What else would you expect of an auction?- Hide quoted text - - Show quoted text - |
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