[meteorite-list] EBAY not fixed. I just REALLY wanted it!!!

From: GREG LINDH <geeg48_at_meteoritecentral.com>
Date: Thu, 12 Apr 2007 10:58:09 -0700
Message-ID: <BAY118-DAV14D4DA5FBE80D00B515D1CC95E0_at_phx.gbl>

       Hi Rob,

    Thanks so much for your reply. Last night I got some very good
explanations to my question. Your answer just adds to my understanding. I
can now see how one person *seems* to be deliberately bidding up the price
of an item, when in reality this is not necessarily the case.
    Again, thanks for taking the time to explain.

    Greg Lindh



----- Original Message -----
From: "Rob McCafferty" <rob_mccafferty at yahoo.com>
To: "GREG LINDH" <geeg48 at msn.com>; <meteorite-list at meteoritecentral.com>
Sent: Thursday, April 12, 2007 5:11 AM
Subject: Re: [meteorite-list] EBAY not fixed. I just REALLY wanted it!!!


> Greg
>
> I buy, I don't sell. I'm so hopeless when it comes to
> mailing stuff that I'd get murdered on the feedback
> for taking weeks to get round to posting the stuff.
>
> Anyway, I'm going to explain it simply as there may be
> times when you fall victim to me by what you describe.
>
> Normally, I wait until the auction is about to end and
> then try to snipe it (outbid everyone else at the last
> minute). This usually works for me because I'm usually
> prepared to pay more for something I really want than
> others. Sometimes it doesn't.
>
> The reason it may not work is because someone
> outsnipes me (not a real word but who cares).
>
> Other times its because of what happened to you.
>
> Living in the UK, I cannot often be up at 3am when the
> auctions end so if I really REALLY want something,
> I'll put in an outrageous bid which I'm pretty sure
> nobody will outbid/snipe.
>
> Fortunately, it doesn't declare this full amount as my
> bid. It only places the amount to make me highest
> bidder.
>
> Whenever someone tries to outbid me, ebay will
> increase my bid up to but not beyond the maxmimum I
> was prepared to go.
>
> Often, My max bid on something I "havetohave" may be
> 2-3times market value of the meteorite I want.
> Nobody's going to bid this high and nobody's going to
> snipe that high either. So I win.
>
> Best of all, the following morning when I check
> expecting to have delicate parts of my body removed by
> my wife for spending so much, I find that the price I
> have to pay is much lower than I was prepared to go.
> I've taken a couple of real gems this way.
> 244mg of NWA3163 spring to mind as my favourite :)
>
> I'm pretty sure Dave F was not trying to be rude. The
> problem with written text is context is often hard to
> determine unless you're Shakespeare, Hemmingway,
> Tolstoy etc...
>
> Good luck with the bidding in future.
>
> Rob McC
>
> --- GREG LINDH <geeg48 at msn.com> wrote:
>
> >
> > 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.
> > > > > ______________________________________________
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> > > > >
> >
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> > > > >
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Received on Thu 12 Apr 2007 01:58:09 PM PDT