EBaying; howling after an auction

From: Marvin <marvin_at_rain.org>
Date: Sun Oct 17 23:56:30 1999

Dave McGuire wrote:
>
> Ahh, the time-honored practice of "sniping". Yes, it works rather
> well...some people scream about it, but the fact remains that it's the best way
> to get what you want on eBay. People seem to forget that what makes it "fair"
> is that it goes both ways. Snipers get sniped as often as non-snipers.
>
> If you're bidding on something that you really want, be prepared to be awake
> and in front of your machine when the auction ends. Everyone learns this after
> a while.

Sniping is the art of ignorance on the value of something. Putting in an
early bid is IMHO not a wise idea since there is always someone pushing just
to see if they might get it. The wise bidder bids their maximum bid at the
latest possible time. FWIW, sniping can be compared to a sealed bid.
Received on Sun Oct 17 1999 - 23:56:30 BST