To buy on Ebay or not?

It's interesting that the pro sniper guys are so eager to broadcast their strategy to such a large audience.

 

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Well then almost any auction is a bidding war. So be it

I'll go out on a limb and guess you would prefer sealed bid auctions. Yet, here we all are in the free market place.

Your first paragraph assumes the guy was too stoooopid to place his max bid to begin with, why?

As does the second.

Tell me if I have this right: I have learned today the concept (as expressed here) of sniper bidding relies almost exclusively on the principle that the other bidders are idiots, and because what other bidders (to them idiots ) might do is shrouded in a magical cloak of mystical secrecy they are mind controlled into not bidding what they are actually willing to pay. Correct?

And might I remind you, this is not denial. I admit I have yet to be convinced of any logical explanation to support the concept "of why sniper bidding is the only way to have any chance"

 

Maybe, the situation is being vetted. Not that so far I see the use of the tool as any sort of threat to anyone who bids what they are willing to make a purchase for.

And yes those are good tools, they make sniper bidding look primordial, but I am not sure CT is ready for them yet, it might wear my fingers down explaining it

 

People bid differently. Some put their max bid in and stick with it. Some bid max at the last second. You won't beat either of those sniping unless your max bid is higher than theirs.

But there is another type of bidder. Look at some bidding histories. You'll see people who place a max bid, then come back and bid again if they are outbid. They will keep doing that until they reach their true maximum bid. That is one type of bidder that you can beat by sniping. If they don't get outbid, they might not raise their own bid to the real maximum they are willing to pay, and you will have saved money.

The proof is in the bidding histories.

There are plenty of other types of bidders that have not even been mentioned.

 

Now that you mention it that does seem a little bit counter productive. But, considering that the ultimate goal appears to be keeping auction prices down so they can personally get coins cheaper ....

However, the value of coins is also based on current auctions <--- fulcrum of conundrum.

 

No, they already bid once. It is your action that will make them bid again, which will cost you money.

Since you are just learning how to read, you are probably an expert with small words.

What you wrote was "I still don't see any advantage. So far it seems to add a level of complexity and your interaction. Just another thing to worry about." which is tantamount to calling it useless. Ah, the logical fallacy, the hallmark of the forum troll. Well done!

Is it really so hard to understand that I was talking about a bidding war that would involve you personally? I don't want a sealed bid auction and I don't care about what others do. But I do like helping people, including helping them save money by using sniping software.

A cheaper price than if you had placed a bid with time left for the underbidder to react to your winning bid. Again, that was inferred and even a child would have known what I meant. Please learn how to read. It is actually easy to prove. Everytime you bid on a coin and lose to the guy who you outbid and there were no other bidders. It isn't mystical magical, it actually happens.

Most of my E-Bay items are BIN but when I do offer auction listings, most of them are won by sniper bids. Maybe some of the other E-Bay sellers will chime in and tell us of their experience? Keep trolling buddy!

 

It's not exactly a big secret, and this isn't exactly exactly a large audience, especially compared to the size of the eBay community. Sure, it could become a Google search-result sensation, but I'm not seeing it.

You do raise an interesting point, though -- might AWORDCREATED himself be a heavy-duty sniper, sowing doubt to stifle competition?

Nah.

 

" You'll see people who place a max bid, then come back and bid again if they are outbid. They will keep doing that until they reach their true maximum bid. " <--- Seems like a weird definition of max bid there. And out of kindness I will ignore that you typed that.

I predict the future: Next, some one will tell me that black is white and white is black and I'll get run over at the next zebra crossing.

 

Because they bid more, and for no other reason. Method of bid had nothing to with it.

And please try to keep it about the topic.

As an aside, does everybody realize that the sniper bids which didn't qualify do not show on the bidders list? The seller never sees them. No one does. That must make the success rate look artificially swell. There might have been 4 thousand (pick a number) snipers on your auction that you never saw nor counted in the casualty list because you never saw them. Never knew their bid existed. Poof electron dust!

Now that is actually a positive. Anonymity on unsuccessful bids (depending on qualification). Why was it me that had to bring that to the table?

 

If nothing else you have an imagination. Let the make believe flourish

 

Don't mind me, just sitting back quietly watching this thread.

 

So let me get this straight. There are 4 thousands snipers bidding on every auction and one idiot placing his bid upfront.

Hmmm! Interesting. Which one are you?

 

Welcome to the land of make believe ^

When you actually 'get' something, straight or otherwise, please let us know

 

Lame!

So, how many coins have you purchased on E-Bay? Or do you only buy trucks?

 

Do you actually use Ebay? From your post in this thread, it sounds like you have a lot to learn. I know you are new to the hobby but, my goodness. Learn before you post.

 

What is it you contest in the post you quoted? I am calling you out to back up your disrespect ^ . That post of mine is 100% defensible. You need to link up your comment with the post somehow rather than with some theoretical sphere of make believe in your mind.

 

I don't see the relevance of that number to the topic. Are you trying to imply that bidding rules are different? Facts change for coins? The metric and mindset of coin buyers is significantly different to the extent that sniper bidding tools apply differently? Or what?

 

Wow, getting a little defensive huh? I was not implying that the rules are different, but I was implying something. Tell ya what, just post your E-Bay user ID and let us look at your E-Bay experience and decide for ourselves. I mean, unless you have something to hide!

Btw, are you a sci-fi guy, or a fantasy guy?

 

There are two types of bidders on ebay "Nickel and dime bidders" who enter another bid whenever they get out bid until they reach the maximum they are willing to pay. And Max bidders who just bid the maximum they are willing to pay. The Max bidders come in two types, those who bid early and those who bid at the last second, the snipers.

Now a snipe bidder has no advantage over another Max bidder, early or snipe. In either of those cases it is simply a matter of whoever has the higher max bid wins.

But the sniper does have an advantage over the early max bidder when the competition is a nickel and dime bidder.

Say the nickel and dime guy is sitting as high bid on a coin at $100 that he is willing to go to $250 on. An Early max guy willing to go to $300 comes in and places his bid. The nickel and dime guy keeps raising his bid until it reaches $250 and he is out. The early max bidder wins it for the $250, less than his max bid and he is happy.

Same scenario, nickel and dime is sitting at $100 and sniper has a $300 max bid set. Three seconds before the end of the auction sniper is high bid at $105 and nickel and dimer doesn't have time to respond. Sniper wins at $105 instead of the $250 the early max bidder had to pay even though the nickel and dimer would have gone higher.

It's not a big advantage because an early max bidder or sniper may jump into the auction, but if they don't then the snipe bidder has a much better chance at winning well below his bid than an early max bidder does.