> I hope I'm not being too dense but I still don't understand the last- > minute bidding game.
Conventional wisdom is that bid items get more interest than unbid items and items with more bids get more interest than those with less. So by waiting until the last minute, you get a chance at a better deal. With so many people bidding last minute to the point there are programs and even services to facilitate, I doubt this is the case now if it ever was. Personally, I just think it is kind of fun to see how close to the end of an auction I can bid without being too late. Yes, I am easily amused. On Aug 14, 5:02 am, GeorgeS <chobur...@gmail.com> wrote: > I hope I'm not being too dense but I still don't understand the last- > minute bidding game. If you've got a personal limit of what you are > willing to pay for the item and you bid that amount for starters, you > won't ever pay more and you may pay a lot less depending on other > bidding. Why wait to the last 20 seconds or resort to programs for > slipping in bids at the last minute? Is it because another bidder can > figure out what your maximum bid is and then cut in at the last moment > with $2 more? > GeorgeS > > On Aug 9, 6:54 pm, "S.Cutshall" <clotht...@gmail.com> wrote: > > > > > Redundant question, Steve... > > > that's what I am saying [only exception being: known fact that most > > bidding on high-end/desirable goods on The Bay happen in the last 20 > > seconds... so again, know your Max-Bid, program it in for the > > recommended 6 second protocol, walk away, enjoy life, and then check > > it after the fact]. > > > Re: the last 20 seconds... > > > Recently sold a very high-end 18" bass drum on The Bay. It was a 0.99 > > cent auction [let the market decide and all that... but very risky on > > my behalf as a seller], 7 day auction, bass drum was stalled at > > $199.99 for 6 of those days [not good on my end]... final day, 30 > > seconds to go, each time I hit Refresh on my browser to watch my day > > get better [or much, much, worse], the bidding popped from 3 bids > > @199.99 to 17 bids and a final of $1034.00. > > > -Scott > > > On Aug 9, 2:59 pm, Steve Palincsar <palin...@his.com> wrote: > > > > On Mon, 2010-08-09 at 14:51 -0700, S.Cutshall wrote: > > > > Hope you win, but let me add please... > > > > > I can never quite understand the eBay "Refresh-n-Stress" method of > > > > bidding. Recently I've won a coupla things on The Bay, and even more > > > > recently I've sold [and am selling] a metric poop-ton of high end > > > > drums & cymbals... and it seems to me that it's logical to approach > > > > these sorts of things with two thoughts: > > > > > 1. Know your limit, your budget, what you are willing to go to... and > > > > then that's that. > > > > > And then... > > > > > 2. Just use something like 'Snipe It' [which is a legal eBay bidding > > > > device]. > > > > > And really, that's it. > > > > > PS-> You can read more about 'Snipe It' here [and download it too, if > > > > interested]... > > > > >https://www.myibay.com/ > > > > How would this be an improvement over simply bidding as much as you are > > > actually willing to pay in the first place?- Hide quoted text - > > > - Show quoted text - -- You received this message because you are subscribed to the Google Groups "RBW Owners Bunch" group. To post to this group, send email to rbw-owners-bu...@googlegroups.com. To unsubscribe from this group, send email to rbw-owners-bunch+unsubscr...@googlegroups.com. For more options, visit this group at http://groups.google.com/group/rbw-owners-bunch?hl=en.
