Retarded. Ebay won't allow decrease of maximum bid even if I am current winner?

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AkumaX

Lifer
Apr 20, 2000
12,648
4
81
skoorb + ebay reminded me of an old post from a while back:

so i bought a postal scale off ebay, ~$9 shipped. seller sent me 50pk dvds. so i was like,
kool, "free" dvds, but i knew something would have had to be done, pay
or send them back. at first he said ship back the dvds, but then i
offered to buy them for fair market value. i didn't want to
return them because it would be a waste, so he said keep them and he'll send me
back the scale. i kinda felt bad so i sent him a check for fair market value on the dvds.

eventually he got the check, sent me an email saying that i can buy anything
from his auctions less than $20, and he'd give them to me for free. got something to give away for a cheesy
x-mas gift

other than the extremely blantant and corny message, true story

however no one caught on to the last bit..
 

StageLeft

No Lifer
Sep 29, 2000
70,150
5
0
Originally posted by: Leros
How many people wish there was a link so they could bid $24?
Hah, so that's why people want to know? :) It would be great if I had said $30 and then one of you had actually over bid past my $25.

Part of this is I really want to buy the item today because I kind of need it in the flesh and if I will end up paying nearly as much on ebay, it sucks!

 

mugs

Lifer
Apr 29, 2003
48,920
46
91
Originally posted by: smack Down
If the price gets to high just don't pay it.

The plane on treadmill thread was proof enough that you're a dumbass, you don't have to continue to prove it over and over again.
 

StageLeft

No Lifer
Sep 29, 2000
70,150
5
0
Originally posted by: mugs
Originally posted by: smack Down
If the price gets to high just don't pay it.

The plane on treadmill thread was proof enough that you're a dumbass, you don't have to continue to prove it over and over again.
You mean he thought that it could take off while on a treadmill? Everyone knows it can't!

 

KevinH

Diamond Member
Nov 19, 2000
3,110
7
81
That's not the way ebay works for me at least. It's been over a year since I've made a bid that wasn't a buy-it-now but from what I recall, doesn't ebay just put your bid at whatever the highest bid it would take to be the highest bidder?
 

StageLeft

No Lifer
Sep 29, 2000
70,150
5
0
Originally posted by: KevinH
That's not the way ebay works for me at least. It's been over a year since I've made a bid that wasn't a buy-it-now but from what I recall, doesn't ebay just put your bid at whatever the highest bid it would take to be the highest bidder?
It does just put it at what's necessary. Right now it's necessary to be $15, but if somebody else bids it up to $24, my auto-bid will bring it to $25. I want to lock it at the $15 so that if they bid above me I'm out of the running. This truly is exactly the same as originally planning to go to a car auction and bidding up to $200k but once you become high-bidder at $100k you decide you don't want to go higher, so if it stops there you pay; if it goes higher you're no longer on the hook for anything.

 

Injury

Lifer
Jul 19, 2004
13,066
2
81
Originally posted by: KevinH
That's not the way ebay works for me at least. It's been over a year since I've made a bid that wasn't a buy-it-now but from what I recall, doesn't ebay just put your bid at whatever the highest bid it would take to be the highest bidder?

Pretty much, yes.



I totally agree with Skoorb here, but the fact is that eBay is a company, not a charity, and they stand to make more money by letting people who get caught up in the moment suffer from it.

A max bid isn't a matter of "I did, in fact, bid this amount and want to retract my bid", it's a matter of "I'm willing to pay this much for this product should the auction go this high". If a bid hasn't actually been made, it should be allowed to be canceled.

 

xboxist

Diamond Member
Jun 25, 2002
3,017
1
81
I don't understand, I'm sorry. I've read all your posts in here twice.

It sounds like you've bid $25 on an item. The actual price you pay right now if the auction were to end would be $15 (based on either that being the item minimum, or because the next highest bidder bid $14, or whatever). If someone bids up to $24, the system would register your max bid as $25, and any bids after that would take you out of the running.

And now... you want to "lock in your bid at $15"? Umm, yeah. Sorry. Doesn't work like that. If you wanted that you should have bid $15, not $25.

If I completely misunderstood what you're talking about, I apologize.
 

SoulAssassin

Diamond Member
Feb 1, 2001
6,135
2
0
If the current bid from someone else was $10 and there max bid was $14, you put in $25 and it puts you ahead of the class at $15 that is fair. If you could then change your max bid to $15 it wouldn't be fair to the person who bid $14. You found out what their max bid was and to change yours to just above potentially gives you an advantage (depending on the max amount you are really willing to pay).

Deal with it.
 

StageLeft

No Lifer
Sep 29, 2000
70,150
5
0
Originally posted by: xboxist
I don't understand, I'm sorry. I've read all your posts in here twice.

It sounds like you've bid $25 on an item. The actual price you pay right now if the auction were to end would be $15 (based on either that being the item minimum, or because the next highest bidder bid $14, or whatever). If someone bids up to $24, the system would register your max bid as $25, and any bids after that would take you out of the running.

And now... you want to "lock in your bid at $15"? Umm, yeah. Sorry. Doesn't work like that. If you wanted that you should have bid $15, not $25.

If I completely misunderstood what you're talking about, I apologize.
You are close. I want to lock in what I am willing to pay at $15. I don't want the auction to end now with $15 at a lock. I want to say "I'm locked at $15. The seller sees $15. I do not want to pay more; if somebody else pays more, by all means they can have at it but this item is now worth only $15 to me." Go back to the car analogy...

Really this is no different than me having bid $15 in the first place but I bid $25 so I'd not have to bother putting in more later if it went higher and I wanted to pay more. As far as the seller knows, this item is only worth $15 to the audience at the moment. I just no longer want to pay more than that.
If the current bid from someone else was $10 and there max bid was $14, you put in $25 and it puts you ahead of the class at $15 that is fair. If you could then change your max bid to $15 it wouldn't be fair to the person who bid $14. You found out what their max bid was and to change yours to just above potentially gives you an advantage (depending on the max amount you are really willing to pay).

Deal with it.
Advantage is vague at best.
 

ruu

Senior member
Oct 24, 2008
464
1
0
Originally posted by: xboxist
It sounds like you've bid $25 on an item. The actual price you pay right now if the auction were to end would be $15 (based on either that being the item minimum, or because the next highest bidder bid $14, or whatever). If someone bids up to $24, the system would register your max bid as $25, and any bids after that would take you out of the running.

And now... you want to "lock in your bid at $15"? Umm, yeah. Sorry. Doesn't work like that. If you wanted that you should have bid $15, not $25.


Originally posted by: SoulAssassin
If the current bid from someone else was $10 and there max bid was $14, you put in $25 and it puts you ahead of the class at $15 that is fair. If you could then change your max bid to $15 it wouldn't be fair to the person who bid $14. You found out what their max bid was and to change yours to just above potentially gives you an advantage (depending on the max amount you are really willing to pay).

Deal with it.

Agree with these two. There are lots of things eBay does that are completely stupid, but the eBay rules are the eBay rules. Bidding is a legal contract; you make up your mind about what you want to pay BEFORE YOU BID. You don't renege on legal contracts because you have buyer's remorse or something; neither should you complain about being unable to change your max bid.

If it bothers you that much, just cancel your bid and quit complaining.
 

PingSpike

Lifer
Feb 25, 2004
21,766
615
126
Originally posted by: Skoorb
Originally posted by: randay
yeah, i agree, you are retarded.i recommend cutting up your credit cards, closing your bank accounts, and staying the hell off the internet.
lulz not found

I'm not linking to the auction because I cannot imagine anything good will come of that. Just please trust me , it is as I say! I don't want to reduce my current bid, which is also the maximum, I merely want to edit what the auto bidder is willing to go up to if others come along and keep bidding.

Just don't pay for it if it gets too high. Thats what everyone else on ebay does.
 

darkxshade

Lifer
Mar 31, 2001
13,749
6
81
Originally posted by: SoulAssassin
If the current bid from someone else was $10 and there max bid was $14, you put in $25 and it puts you ahead of the class at $15 that is fair. If you could then change your max bid to $15 it wouldn't be fair to the person who bid $14. You found out what their max bid was and to change yours to just above potentially gives you an advantage (depending on the max amount you are really willing to pay).

Deal with it.

Heh, good catch.
 

Squisher

Lifer
Aug 17, 2000
21,204
66
91
And, this is another advantage of using sniping software, being able to edit your bid.

 

yuchai

Senior member
Aug 24, 2004
980
2
76
This piqued my interest in type of auctions so I read up on it.

http://en.wikipedia.org/wiki/Auction

Apparently Ebay uses the "Vickrey auction" type. It works by everyone just submitting one undisclosed bid and the winner is the highest bidder but pays the price of the second highest bid.

I think it's only confusing because a typical Ebay auction is open for a few days, while this type of auction may make more sense in a shorter timeframe. But I think the point is that the period is open to gather a group of people interested in making a bid. Intention though is that people are putting in one bid of what they are willing to pay.

Letting someone retract a bid during the auction in this type of auction doesn't make sense as that's the same as someone winning the auction but retracting the bid afterwards.

Edit: Actually thinking through it more, I think what you're trying to do is analogous to changing your submitted bid before "time is up" and before determining who the winner is in the auction, which should be allowed. I guess the issue is that, to other people's point, that due to how Ebay works you can see the price going up so you now gained information on what other people's high bids are (which shouldn't happen for this type of auction).
 

DayLaPaul

Platinum Member
Apr 6, 2001
2,072
0
76
Either retract the bid or STFU. What do you think it's supposed to be used for? As long as you don't make a habit out of retracting bids, I don't see what the problem is.
 

chuckywang

Lifer
Jan 12, 2004
20,133
1
0
Originally posted by: SoulAssassin
If the current bid from someone else was $10 and there max bid was $14, you put in $25 and it puts you ahead of the class at $15 that is fair. If you could then change your max bid to $15 it wouldn't be fair to the person who bid $14. You found out what their max bid was and to change yours to just above potentially gives you an advantage (depending on the max amount you are really willing to pay).

Deal with it.

But it wouldn't be unfair to the bidder that bid $14. The max that bidder was willing to pay was $14, and someone else (Skoorb) was willing to pay more. It doesn't matter to the bidder how much more.
 

juiio

Golden Member
Feb 28, 2000
1,433
4
81
Originally posted by: SoulAssassin
If the current bid from someone else was $10 and there max bid was $14, you put in $25 and it puts you ahead of the class at $15 that is fair. If you could then change your max bid to $15 it wouldn't be fair to the person who bid $14. You found out what their max bid was and to change yours to just above potentially gives you an advantage (depending on the max amount you are really willing to pay).

Deal with it.

He could have figured out the other bidder's max bid by just increasing his bid amount one increment at a time. Bid $10, still outbid? Bid $11, still outbid? ... bid $15. Your point is not valid.

Anyone that doesn't agree with Skoorb here doesn't understand what he is saying.
 

rezinn

Platinum Member
Mar 30, 2004
2,418
0
0
Originally posted by: juiio
Originally posted by: SoulAssassin
If the current bid from someone else was $10 and there max bid was $14, you put in $25 and it puts you ahead of the class at $15 that is fair. If you could then change your max bid to $15 it wouldn't be fair to the person who bid $14. You found out what their max bid was and to change yours to just above potentially gives you an advantage (depending on the max amount you are really willing to pay).

Deal with it.

He could have figured out the other bidder's max bid by just increasing his bid amount one increment at a time. Bid $10, still outbid? Bid $11, still outbid? ... bid $15. Your point is not valid.

Anyone that doesn't agree with Skoorb here doesn't understand what he is saying.

I understand that he didn't check the value of the item before he bid on it. That makes him a dumb canadian.

Anyone that doesn't agree with me doesn't understand what I am saying.
 

darkxshade

Lifer
Mar 31, 2001
13,749
6
81
Originally posted by: chuckywang
Originally posted by: SoulAssassin
If the current bid from someone else was $10 and there max bid was $14, you put in $25 and it puts you ahead of the class at $15 that is fair. If you could then change your max bid to $15 it wouldn't be fair to the person who bid $14. You found out what their max bid was and to change yours to just above potentially gives you an advantage (depending on the max amount you are really willing to pay).

Deal with it.

But it wouldn't be unfair to the bidder that bid $14. The max that bidder was willing to pay was $14, and someone else (Skoorb) was willing to pay more. It doesn't matter to the bidder how much more.

Wrong

It would be unfair because the seller could easily use this method to figure out someones max bid with another account and bid $13 just to juice the high bidder to the full amount he would be willing to pay of $14 which essentially defeats the purpose of the max bid entirely.
 

CallMeJoe

Diamond Member
Jul 30, 2004
6,938
5
81
You made the $25 bid, not a $15 bid that you want to lock in now; if the previous high bidder had maxed at $24 instead of $14, your initial bid would immediately have taken you to $25. Accept the eBay bidder rules and live with your mistake.

FWIW, you apparently had plenty of time to have done your retail price research before hand, since you have time to bitch about it now.