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<p>[QUOTE="Cherd, post: 7789439, member: 24754"]In a perfect world, there would be no difference in any approach. However, a sad fact of life is that people suck, so allowing any opportunity for exploitation will cost you.</p><p><br /></p><p>The downside of pre-bids and proxy bids is that, unless a number of factors align perfectly, live bidders can typically figure out your maximum bid without exceeding it. I have learned to not place "off increment" bids for that reason. If you bid $205.00 and live bidding hit's $200, then they can see your maximum bid which makes it easy to exceed with a cut bid for instance. Of course, if you had bid $200, then depending on the auctioneer mechanics, you might lose that slot....which is bs! The worst are people that tick the price up until you are maxed out purely out of spite. The worst of the worst are sellers that tick the price up to maximize the selling price. This is the reason that the last second is the only rational time to place a bid on something like Ebay.</p><p><br /></p><p>Talking about auction mechanics gets me pissed off. I hate shill bidding, I hate Buyer's Fees, I hate accidentally bidding more than intended because the button reset while I was clicking, etc, etc. But, it's just about the only way to get coins without paying ridiculous dealer prices <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie56" alt=":inpain:" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="Cherd, post: 7789439, member: 24754"]In a perfect world, there would be no difference in any approach. However, a sad fact of life is that people suck, so allowing any opportunity for exploitation will cost you. The downside of pre-bids and proxy bids is that, unless a number of factors align perfectly, live bidders can typically figure out your maximum bid without exceeding it. I have learned to not place "off increment" bids for that reason. If you bid $205.00 and live bidding hit's $200, then they can see your maximum bid which makes it easy to exceed with a cut bid for instance. Of course, if you had bid $200, then depending on the auctioneer mechanics, you might lose that slot....which is bs! The worst are people that tick the price up until you are maxed out purely out of spite. The worst of the worst are sellers that tick the price up to maximize the selling price. This is the reason that the last second is the only rational time to place a bid on something like Ebay. Talking about auction mechanics gets me pissed off. I hate shill bidding, I hate Buyer's Fees, I hate accidentally bidding more than intended because the button reset while I was clicking, etc, etc. But, it's just about the only way to get coins without paying ridiculous dealer prices :inpain:[/QUOTE]
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