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E-bay the "FAIR" way to buy and sell.... WHAT BS!
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<p>[QUOTE="krispy, post: 640781, member: 19065"]"One thing I'll point out that never seems to talked about ... the term " online auction " in general. None of these sites , Ebay , Heritage , Teletrade are true "auction" sites. It's whomever places the highest bid in the last seconds that gets the prize. If any of these sites had the insight and knowhow they would come up with a way to extend the times on these "auctions" until the bidding is over. Then you would have a true "auction". The sellers would make more money , the online people would make more money and the term " auction" would be just that."</p><p><br /></p><p>It's called closure. When your market is the entire online world and bidders could theorhetically go on and on and on into infinity, an auction would never end. All auctions and auction houses have start and finish times, otherwise someone could keep coming along and bidding higher and higher and higher and no one would ever buy, pay or win. It has to end somewhere. The whiz-kids did their thing.[/QUOTE]</p><p><br /></p>
[QUOTE="krispy, post: 640781, member: 19065"]"One thing I'll point out that never seems to talked about ... the term " online auction " in general. None of these sites , Ebay , Heritage , Teletrade are true "auction" sites. It's whomever places the highest bid in the last seconds that gets the prize. If any of these sites had the insight and knowhow they would come up with a way to extend the times on these "auctions" until the bidding is over. Then you would have a true "auction". The sellers would make more money , the online people would make more money and the term " auction" would be just that." It's called closure. When your market is the entire online world and bidders could theorhetically go on and on and on into infinity, an auction would never end. All auctions and auction houses have start and finish times, otherwise someone could keep coming along and bidding higher and higher and higher and no one would ever buy, pay or win. It has to end somewhere. The whiz-kids did their thing.[/QUOTE]
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