eBay sniping

From: Nick Miller <nickmiller_at_charter.net>
Date: Mon Apr 28 01:59:12 2003

Sniping is simply a bidders maximum bid entered at the latest possible
moment, no more, no less.

Nick Miller


----- Original Message -----
From: "J.C.Wren" <jcwren_at_jcwren.com>
To: <cctalk_at_classiccmp.org>
Sent: Thursday, April 24, 2003 10:29 PM
Subject: RE: eBay sniping


> Sellam said:
>
> > Which is a clear example of how eBay pricing gets
> > artificially inflated.
> > I'm not saying it happens all the time, but it probably happens enough
> > (and this is clearly obvious from some of the prices that
> > some auctions
> > end at) that the end result is artificial price inflation.
>
> Nonsense. This is how *all* auctions work. It has nothing to do with
> sniping, it has to do with emotional bidding. If you starting letting the
> "I gotta have it" emotions run over the "I'll pay only this much" logic,
> you're not bidding wisely.
>
> --John
Received on Mon Apr 28 2003 - 01:59:12 BST

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