[meteorite-list] Is EBAY bidding fixed?

From: GREG LINDH <geeg48_at_meteoritecentral.com>
Date: Wed, 11 Apr 2007 23:35:07 -0700
Message-ID: <BAY118-DAV9EED1E0CABA30104BABEEC95E0_at_phx.gbl>

       Hi Daniel,

    I've gotten a number of reasoned answers (though not from everyone) and
to those who offered true help, like yourself, I say thanks.

    Greg Lindh





----- Original Message -----
From: "Daniel Svensson" <daniel_svensson at hotmail.com>
To: <meteorite-list at meteoritecentral.com>
Sent: Wednesday, April 11, 2007 11:24 PM
Subject: Re: [meteorite-list] Is EBAY bidding fixed?


> hello,
>
> I think I might have an explanation:
> if there is a secret reserve you can raise your bid several times without
> anyone else bidding
> until you reach the limit of the secret reserve. In this case it will look
> like someone is bidding with themselfes.
>
> Why are people bidding before the last 30 seconds? Well this bidding is
> probably often raising the final price, but I see at least some possible
> reasons:
> 1. The person cannot bid at end of auction for practical reasons
> 2. They dont want to win, but want to raise the final price (for some
> reason)
> 3. It is fun!
>
> I hope this can be helpfull.
>
> /Daniel Svensson
>
>
> >
> > 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.
> > > ______________________________________________
> > > Meteorite-list mailing list
> > > Meteorite-list at meteoritecentral.com
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> > >
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Received on Thu 12 Apr 2007 02:35:07 AM PDT