eBay sniping

From: steve <gkicomputers_at_yahoo.com>
Date: Mon Apr 28 01:07:00 2003

--- Vintage Computer Festival <vcf_at_siconic.com> wrote:
> On Sun, 27 Apr 2003, steve wrote:

> I take exception to your claim that one has no way
> to enter a bid within
> the last 5 seconds if someone tops yours. There are
> numerous ways to
> achieve this, with the lowest tech way being to have
> multiple windows open
> with different bids ready to be submitted while you
> constantly refresh the
> item page.

Maybe if you had multiple windows up with a predefined
bid alreadly placed into another window (where all you
have to do is click a mouse button) you could do it
one out of 10 times (server response is typically
seconds, both on your end and ebays end), but I doubt
you could enter a new bid value based on the new
information of the sniped bid, which is what you
really need to be able to do, but I suppose in theory
its possible.

If you automated the process with a intelligent sniper
that could read the current ebay bid, well then, I
guess you would have a bunch of computers bidding
against each other in a true open bid auction, that I
agree with. (hmm, I wonder is thats coming)

> Again, while I agree that the basic premise of your
> description of eBay
> auctions can be correct under the right
> circumstances,

Yes, thats all I am trying to say (excuse me as I am
thinking on the fly), its really a hybrid auction
model, the higher the interest in the auction item,
the more snipes are likely to occur, and the more the
auction appears to simulate a sealed bid auction
The New Yahoo! Search - Faster. Easier. Bingo.
Received on Mon Apr 28 2003 - 01:07:00 BST

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