[meteorite-list] Is EBAY bidding fixed?

From: GREG LINDH <geeg48_at_meteoritecentral.com>
Date: Wed, 11 Apr 2007 23:17:16 -0700
Message-ID: <BAY118-DAV10CCC54BA228C31750C151C95E0_at_phx.gbl>

       Hi Darren,

    I appreciate the link that you gave me which explains the bidding system
on EBAY. I'll have to go back and check out EBAY more carefully. Perhaps I
thought this has occurred and maybe I was wrong. I'll go and take a better
look at it.
    Thanks for not "shooting me" and for giving a kind and thoughtful reply.

    Regards,
              Greg Lindh



----- Original Message -----
From: "Darren Garrison" <cynapse at charter.net>
To: "meteorite-list" <meteorite-list at meteoritecentral.com>
Sent: Thursday, April 12, 2007 12:05 AM
Subject: Re: [meteorite-list] Is EBAY bidding fixed?


> On Wed, 11 Apr 2007 23:04:05 -0700, you wrote:
>
> > My question still has not seemed to be answered. My concern is about
> >someone who bids over and over with no apparent competition. They single
> >handedly raise the price from $10.00 to $30.00 to $60.00 to $80.00,
> >etc.....
>
> It is not possible for someone-- with nobody else bidding against him-- to
> in
> any way change the price from the opening price (in a non-reserve
> auction).
> Let's say there is an item with a starting bid of 99 cents. Only one
> person
> bids on it. He could modify his bid 1500 times and the auction price
> isn't
> going to go above 99 cents if nobody is bidding against him. And, even
> after
> the close of the auction, you'll never see what his maximum bid price was,
> only
> what the auction closed at. What you are describing doesn't happen.
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Received on Thu 12 Apr 2007 02:17:16 AM PDT