Re: [NTLK] [OT] eBay sniping

While it is against eBay's TOS agreement, there are a lot of sellers
that use shills to drive the price up. This is nothing particular to
eBay and shills have been used for as long as auctions have been a
means of liquidating goods. I think that most sniping is done to avoid
having the price driven artificially high by unscrupulous sellers.
Unfortunately, this means that people that can't watch at the end of
the auction miss out unless they are willing to have the price driven
higher, or use a sniping service or application to enter their bids
for them.

On Feb 24, 2009, at 2:55 AM, Jon Glass wrote:

> That's why eBay says to give your absolute maximum bid when you first
> bid. Just post it up front, then you don't have to worry about snipers
> or sniping. Of course, it's always best to wait until fairly late if
> you can, but I have won several auctions that I bid early on. You
> could watch people snip away at the price, but, of course, the biggest
> movement always comes at the end, with attempts at sniping, but if you
> bid high enough, you won't lose even to a snipe. There have been times
> I have had to pay a tad more than I wanted, but I only do that on hard
> to find, or hot items that I genuinely need. So, there are
> "snipe-proof" strategies. Snipers are generally trying to snipe a
> bargain, so if you are willing to pay, you should win against a snipe,
> and and Apple briefcase will generally go high, and you better be
> willing to pay--unfortunately.

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Received on Tue Feb 24 11:14:22 2009