eBay sniping

From: Vintage Computer Festival <vcf_at_siconic.com>
Date: Mon Apr 28 11:21:01 2003

On Mon, 28 Apr 2003, Jeffrey Sharp wrote:

> The time period when most bids happen is irrelevant. On an active eBay
> auction, there is some non-zero duration in which you or some machine can
> see the highest proxy bid and react. It doesn't matter how close to zero it
> is, because any sufficiently fast machine could do it. Sealed bid auctions
> do not have this duration. A person or machine would require time travel in
> order to react to a bid. Not even an infinitely fast machine could do it.

Superman could win any sealed-bid auction he wanted to.

Sellam Ismail                                        Vintage Computer Festival
International Man of Intrigue and Danger                http://www.vintage.org
 * Old computing resources for business and academia at www.VintageTech.com *
Received on Mon Apr 28 2003 - 11:21:01 BST

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