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Ebay Sniping : A love hate relationship

Originally posted by: mugs
I guess you should have bid as much as it was worth.
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LOL, a lot of times, idiots get so caught up, that they end up bidding/paying more than the item is worth, or more than it is new.
 
I made a bid of $57.01 on a calculator for my gf earlier today with 10 secs left...someone bid $57.00 with 2 seconds left and we win 🙂
 
I've never understood why ebay didn't make it more like an auction...
Okay, we've just had $50.01 bid. Anyone else? Going once, twice, SOLD!"

i.e. The auction should automatically be extended 5 minutes when someone bids during the final seconds.
(Yeah, I know, "people should just bid what they're willing to pay in the first place, and they can't be sniped.")
My answer to answer that, "the majority of people aren't that bright."

But, it's really not that simple to draw the line. Say, you're willing to pay $2,500 for an item. So, you bid $2500. You return a few days later to see that someone won the auction at the last minute with a bid of $2500.50. No one is going to say, "oh well, that was too much to pay", they're going to think "crap, if only I bid a dollar more." The amount that people are being beaten by usually isn't significant enough to justify the loss of time watching the auction.

If I'm willing to pay $30 for an item, I'm not going to care if someone wants to pay $35 or $40 for it. It's no big deal. But, when they win with a bid of $30.05, then I'm pretty irritated.
 
Originally posted by: DrPizza
I've never understood why ebay didn't make it more like an auction...
Okay, we've just had $50.01 bid. Anyone else? Going once, twice, SOLD!"

i.e. The auction should automatically be extended 5 minutes when someone bids during the final seconds.
(Yeah, I know, "people should just bid what they're willing to pay in the first place, and they can't be sniped.")
My answer to answer that, "the majority of people aren't that bright."

But, it's really not that simple to draw the line. Say, you're willing to pay $2,500 for an item. So, you bid $2500. You return a few days later to see that someone won the auction at the last minute with a bid of $2500.50. No one is going to say, "oh well, that was too much to pay", they're going to think "crap, if only I bid a dollar more." The amount that people are being beaten by usually isn't significant enough to justify the loss of time watching the auction.

If I'm willing to pay $30 for an item, I'm not going to care if someone wants to pay $35 or $40 for it. It's no big deal. But, when they win with a bid of $30.05, then I'm pretty irritated.
Click to expand...

The only problem is that with ebay, you don't ever know what someone else's max bid was. Sure, it will look like they beat you by $0.50 or $1.00 or whatever the minimum bid increment is, but in reality they might have actually had a max bid that was $50 higher than yours.

 
Originally posted by: DrPizza
I've never understood why ebay didn't make it more like an auction...
Okay, we've just had $50.01 bid. Anyone else? Going once, twice, SOLD!"

i.e. The auction should automatically be extended 5 minutes when someone bids during the final seconds.
(Yeah, I know, "people should just bid what they're willing to pay in the first place, and they can't be sniped.")
My answer to answer that, "the majority of people aren't that bright."

But, it's really not that simple to draw the line. Say, you're willing to pay $2,500 for an item. So, you bid $2500. You return a few days later to see that someone won the auction at the last minute with a bid of $2500.50. No one is going to say, "oh well, that was too much to pay", they're going to think "crap, if only I bid a dollar more." The amount that people are being beaten by usually isn't significant enough to justify the loss of time watching the auction.

If I'm willing to pay $30 for an item, I'm not going to care if someone wants to pay $35 or $40 for it. It's no big deal. But, when they win with a bid of $30.05, then I'm pretty irritated.
Click to expand...

Quite a few online auction places do that, I think Yahoo! does. Not sure of the exact sites cause I don't do online auctions. (even though I have a basement full of crap I need to get rid of)
 
Half the time I think it's just the seller using an alt. account/ip and trying to squeeze more money out of people. eBay charges more for higher reserve prices and starting low probably nets more people anyway.
 
Originally posted by: Special K
Originally posted by: DrPizza
I've never understood why ebay didn't make it more like an auction...
Okay, we've just had $50.01 bid. Anyone else? Going once, twice, SOLD!"

i.e. The auction should automatically be extended 5 minutes when someone bids during the final seconds.
(Yeah, I know, "people should just bid what they're willing to pay in the first place, and they can't be sniped.")
My answer to answer that, "the majority of people aren't that bright."

But, it's really not that simple to draw the line. Say, you're willing to pay $2,500 for an item. So, you bid $2500. You return a few days later to see that someone won the auction at the last minute with a bid of $2500.50. No one is going to say, "oh well, that was too much to pay", they're going to think "crap, if only I bid a dollar more." The amount that people are being beaten by usually isn't significant enough to justify the loss of time watching the auction.

If I'm willing to pay $30 for an item, I'm not going to care if someone wants to pay $35 or $40 for it. It's no big deal. But, when they win with a bid of $30.05, then I'm pretty irritated.
Click to expand...

The only problem is that with ebay, you don't ever know what someone else's max bid was. Sure, it will look like they beat you by $0.50 or $1.00 or whatever the minimum bid increment is, but in reality they might have actually had a max bid that was $50 higher than yours.
Click to expand...

Right.

But I think it'd be great if they did that. uBid used to, not sure if they still do.
 
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