At 07:48 PM 12/19/00 -0600, you wrote:
>> Or do like I did for the Apple-1 auction at VCF 4.0: keep extending the
>> auction for fifteen more minutes after each new bid came in within 15
>> minutes of the planned closing time. The bidding actually went on another
>> 50 minutes or so before no more bids came in.
>
>Excellent idea. On-line it could be a shorter period, like 5 minutes, but
it would
>let the price develop to its full potential.
Let's face it, at any auction, especially eBay where the bidding goes on
for rediculous periods like 9 days, there will never be a method that is
agreeable to both those selling the item, who want the most money it can
possibly bring, and for those buying, who would like to spend as little as
need-be. Personally, I snipe because I think bidding early does nothing
but drive prices up to totally outrageous levels. This fact is commented
on by members of this list almost constantly in the jokes made about the
auctions there. Likely, whatever action one takes to curb either the
inflated prices or sniping would be unacceptable to the other side, so it's
doubtful a mutually agreeable system will be found. That's not even
factoring in those with too much time and money on their hands where
neither is an object when they decide they want a particular item. Just my
2 bits.
Jeff
------------------------------------------------------------------------------
Power Computing PowerCurve, 288mhz G3, Mac OS 9
http://www.geocities.com/siliconvalley/lakes/6757
Home Of The TRS-80 Model 2000 FAQ
Received on Wed Dec 20 2000 - 20:06:09 GMT