[meteorite-list] Meteorite eBay Bidding Comment

From: Jim Strope <jim_at_meteoritecentral.com>
Date: Sun Jun 13 07:03:22 2004
Message-ID: <000e01c45136$0c3a07b0$6401a8c0_at_DJQVK441>

Good Morning Walter, list members.........

I hate to beat a dead horse at this point, but I think most ebay bidders try to get an item at the lowest possible price with no regard to what they would be willing to buy the item at a fixed sale. This is just the way most of us conduct ourselves in an auction.

Here is a perfect example:

I currently have a 100 gram DOUBLE ORIENTED 100 gram Sikhote-alin on ebay that started at a penny. Four DIFFERENT bidders have placed bids and it is only up to $5.50. See item number 2249907461 if this link does not work:

http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&category=3239&item=2249907461

I think it is just natural for all of us to try to get the best deal possible and by budding the maximum one is willing to pay on the first bid then perhaps we feel like we are giving up our control over the situation.

Just my two cents on the subject.........

Jim Strope
421 Fourth Street
Glen Dale, WV 26038

http://www.catchafallingstar.com

>From: <branchw_at_bellsouth.net>
>To: "Meteoryt.net" <marcin_at_meteoryt.net>,<Meteorite-list@meteoritecentral.com>
>Subject: Re: [meteorite-list] Meteorite eBay Bidding Comment
>Date: Sun, 13 Jun 2004 05:48:13 -0400
>
>No, I am RIGHT.
>
>If you place your maximum bid the first and only time, then you should walk
>away happy from the deal each and every time.
>
>If you win, you the item at YOUR price.
>
>If you lose, you may be disappointed over not getting the item, but you walk
>away with the satisfaction knowing that you did not spend beyond your means.
>
>BTW, I see nothing wrong with bidding in the last few seconds. It is still
>a valid auction. I have obtained many nice pieces this way and I have lost
>many nice pieces to others. Either way, I was happy with outcome because I
>did not spend more than what I wanted to spend.
>
>You might be irritated that you lose an auction, but what have you really
>lost? Besides, what is ebay supposed to do, stop an auction after a given
>individual bids.
>
>Other bidders don't know your maximum bid. How can you say you are the
>loser when you were willing to go to x amount anyway?
>
>Also, as someone else pointed out, if you have a "sniper" placing a bid
>against you at the last second, the person isn't quaranteed to win just
>because he or she places a bid. What happens when the sniper places his or
>her bid and it is below yours?
>
>It seems to me that bidders only have a problem with "sniping" when they
>lose an auction, not when they win.
>
> >Only faster gunmen survive.
>
>You are making a rather large assumption, that the faster gunmen will
>actually hit his target. What if he misses?
>
>-Walter
>--------------------------------------------
>www.branchmeteorites.com
>----- Original Message -----
>From: "Meteoryt.net" <marcin_at_meteoryt.net>
>To: <branchw_at_bellsouth.net>; <Meteorite-list@meteoritecentral.com>
>Sent: Saturday, June 12, 2004 1:30 PM
>Subject: Re: [meteorite-list] Meteorite eBay Bidding Comment
>
>
> > > Hi Mike,
> > >
> > > Just bid your highest bid the first time and forget it. If you win, you
> > > win. If you don't, via sniping or otherwise, well you weren't going to
> > bid
> > > any higher anyway so what difference does it make whether the other
> > person's
> > > bid was entered 10 hours, 10 minutes, or 10 milliseconds before the
> > auction
> > > ends?
> >
> > You are WRONG.
> > Its verry importand when You place bid.
> >
> > exam1
> > If item is placed f.e. for 1$ , and in a first few days will go up to 20$
> > then You put f.e. 100$ your max bid 3 days before auction ends. So then
>many
> > other bidders will try to outbid You and final price will grown up more or
> > less slowly, and finally price will be f.e. 90$. You are lucky winner ?
>No,
> > You are lucky looser. And many times You will return from work, log to
>ebay
> > and what You see ? You are outbited and someone win Your item. Nothing
>more
> > irritated.
> > exam2
> > Without your early bid price is still 20$ and in the next days will not
>grow
> > up in the same speed as with your bid. So finally in last 5 minutes of
> > auction, item price will be 50$. Someone who is high bidder in last 60
> > seconds think that noone will place higher price, and then You come. A
>lone
> > sniper, who will place his 101$ in last 20 seconds of auction. Not 100$,
> > becouse people usualy enter prices as 50, 60, 100, 110, so to be sure you
> > must put 51, 61, 101$. If You do this in the last 20 seconds Your bid will
> > be entered in around 5-10seconds before auction end and THEN You will win
> > the same item for less than 90$, becouse noone can place another bid in
>last
> > 5 seconds. Your system is working, buy snipers can win the same items for
> > smaller money.
> >
> > You can say, that this is not right, this is sniping etc. But this is real
> > life like on old westerns :))) Only faster gunmen survive.
> >
> >
> > -----[ MARCIN CIMALA ]-----[ I.M.C.A.#3667 ]-----
> > http://www.Meteoryt.net marcin_at_meteoryt.net
> > http://www.PolandMET.com marcin_at_polandmet.com
> > http://www.Gao-Guenie.com GSM +48(607)535 195
> > --------[ Member of: Polish Meteoritical Society ]--------
> >
> >
>
>
>______________________________________________
>Meteorite-list mailing list
>Meteorite-list_at_meteoritecentral.com
>http://six.pairlist.net/mailman/listinfo/meteorite-list
-------------- next part --------------
An HTML attachment was scrubbed...
URL: http://six.pairlist.net/pipermail/meteorite-list/attachments/20040613/0c5c2f83/attachment.htm
Received on Sun 13 Jun 2004 07:03:24 AM PDT