Flaw in ebay bidding software?

[Steve]

Originally posted by: Mo0o
That way you dont take the risk of paying past what you are willing to spend. or is that too logical

Whatever I high-bid, I'm usually not wanting to spend more than that anyway.

 

[Mo0o]

Originally posted by: sm8000
I've never known much about it, learned how proxy works or tried it out. I'd be willing to try it sometime down the road. I've had to stop my eBay activities for a while because I need to start hanging onto my money. I'm owed about $1500 in loans to my brother and sister.

What are you talking about, whenevre you bid a high number, you're proxy bidding.

 

[Steve]

Okay, I didn't know that was the name for it. I just call it bidding.

 

[tami]

Originally posted by: sm8000

Originally posted by: mugs
You were pretty close sm8000, exept that you pay the next highest bid PLUS one bid increment. You don't pay what the next highest bidder bid.

I know, I almost corrected myself in a later post.

tami - Thank you for at least speaking with reason. Your sentence "people cannot have the same bid UNLESS the seller is selling multiple items" - I know about this as I have participated in those types of auctions. When it's a single item, what mugs said below you is correct. And I believe you about first come, first serve.

So, where exactly did I go wrong?

i don't know. i didn't read/write clearly so i edited my post 300 times.

 

[Mo0o]

Originally posted by: sm8000

Originally posted by: Mo0o
That way you dont take the risk of paying past what you are willing to spend. or is that too logical

Whatever I high-bid, I'm usually not wanting to spend more than that anyway.

I win my auctions by placing a maximum bid that is outrageously high, so even if somebody tries to snipe they come nowhere near my highest bid.

SO you would be willing to pay that outrageously high price for your items?

 

[Steve]

Okay, "outrageously" high was a bit exaggerated. How about "unexpectedly" high (to the other bidders)?


Often, I'm willing to pay a pretty fair price. I hope it doesn't get as high as I bid, but usually I bid only as high as I'm willing to deal with.

 

[Mo0o]

Originally posted by: sm8000
Okay, "outrageously" high was a bit exaggerated. How about "unexpectedly" high (to the other bidders)?


Often, I'm willing to pay a pretty fair price. I hope it doesn't get as high as I bid, but usually I bid only as high as I'm willing to deal with.

Ok now you're making more sense. Basically you're willing to pay "unexpectedly" more than other people for the item and that's how you win the auctions.

 

[Steve]

Thanks, glad we got that cleared up.


I'm still curious as to how I'm about as wrong as is humanly possible.