Originally posted by: Schfifty Five
Originally posted by: archcommus
This is awfully confusing.
I agree with not bidding until the end. There's simply no point since the auction may go WAY higher than you're willing to pay anyway. If you can be there, just wait, and with 10 seconds to go, decide if you're willing to pay more or not.
I think the point of sniping is to pay just slightly more than you are willing so you can still get the item, am I right? For example, you're only willing to pay $35, ABSOLUTELY NO MORE. But, you actually WOULD be okay with paying $35.03 if it came down to it. That's what sniping does for you. But mugs, you'd probably say, then you should've bid $35.03 in the first place. Well, no, that's not true, because if you'd bid $35.03, why not bid $35.50? Or $36? Hell, why not $40 even? See what I mean? It would go on forever. So sniping does have its uses, I've never tried it, though, I don't bid much.
Basically, this is why sniping is good.
Let's say you have a newbie ebayer. He sees a brand new auction with 5 days left at a $1.00 starting price. He bids to $5.00 and he's currently the high winner.
You come along and see this auction and decide to want it, so you put your max bid in of $25 with still nearly 5 days left of the auction.
Well the newbie ebayer now sees he's been out bid so he decides to bid more, and more, and more, until it's past your $25 max bid.
Ok, so no biggie really, you didn't want to pay more than $25.....however, had you sniped it (ie, waited till the last second), the newbie ebayer would not have had a chance to keep bidding it up.
In other words, you let the newbie ebayer sit on his ass for 5 days thinking he is the high bidder....then last 5-10 seconds, BAM, your bid gets put in and he does not have time to sit and enter $6, $7, $10, $15, etc. So now you have your item for less than $25.
Of course that's just the idea behind sniping, clearly it doensn't always happen that way.