Originally posted by: tcsenter
It makes no difference WHEN the bid is placed. If you're willing to list a max you're unwilling to pay should it get that high, you're being unethical whether you bid early or late.
Yeah, as I said its unethical, but it happens.
So, we agree that it's clearly unethical to list a maximum bid higher than what you're willing to pay.
Would you also agree that sniping isn't unethical unless you bid higher than you would pay as your maximum bid?
It's not sniping that's unethical, it's saying that you agree to pay up-to "X" dollars when you don't really agree that is unethical, and that can happen regardless of sniping.
If everyone played the way Ebay tells them to (Bid your maximum and leave it at that) then sniping wouldn't be effective at all.
I've always been a proponent of limiting the number of times you can raise your maximum bid, and also having auctions not just extend after the last bid comes in, but to EXPIRE after the first bid comes in. Even if it's a 5-day auction, once someone bids, a clock should begin ticking, perhaps even a randomized one so no one knows when the auction is going to end except that it's between say 24 and 48 hours of the first bid being placed. If someone places another bid, then add 30 min or an hour to the clock.
This would eliminate any benefits of waiting until the last minute--you don't know when the last minute is, and it also may never come. You place your max bid and that is that. If you bid high enough, you win.
This would kill sniping, although it wouldn't save us from people listing max bids they wouldn't pay if it came down to it, unfortunately.
I know for me, I'm one that the possibility the price will go too high is too risky to put an artificially high bid. When I snipe, I pick my price, and I set it and forget it.
In essence, sniping actually saves me from getting into a bidding frenzy at the end and continuously raising my bid. I pick my price and I just say if I win, I win, if I lose, I lose.
I realize that. That's not what I intended to imply, but realized later that it may have read that way.
I hate when I do that
🙂