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<p>[QUOTE="Vess1, post: 1445454, member: 13650"]The ebay method works for some things. Others, people get screwed. Ebays method is to try to get people to bid things up beyond what they're worth before the auction ends which works for some things but not all. Most of the time, people rely on sniping which buyers have every right to do on there. I have done it. But the person that was sitting with the high bid for 24 hrs and assumed nobody was going to bid, simply loses out. They don't have a chance to respond, which in many cases they would.</p><p> </p><p> How many times have people posted complaints here about somebody sniping at the end of an auction and they lose a coin they really wanted? Coleguy has it correct that the way this other site does it is a true auction style format. Where luck and timing is removed and the final bid price is from whoever had the most desire to have the item and pay the most. </p><p><br /></p><p> If you put your highest bid in on ebay and walk away, inevitably people will bid you up when there's time left to try to win it themselves. If you leave somebody else's high bid in and wait until the last second to snipe them, that is a more economical way to do it. Most seasoned ebay users know this and will hang back until the end. It's a strategy to pay the least as possible. Which is great for buyers but hurts the sellers. </p><p><br /></p><p> With the other format, it removes all strategy and the seller has a chance to receive full market value. I just found it interesting. I'm not saying I'm in favor of one or the other. I wouldn't be surprised to see ebay go to something like this in the future. Then people would really decide what they were willing to pay for something because they have no choice.[/QUOTE]</p><p><br /></p>
[QUOTE="Vess1, post: 1445454, member: 13650"]The ebay method works for some things. Others, people get screwed. Ebays method is to try to get people to bid things up beyond what they're worth before the auction ends which works for some things but not all. Most of the time, people rely on sniping which buyers have every right to do on there. I have done it. But the person that was sitting with the high bid for 24 hrs and assumed nobody was going to bid, simply loses out. They don't have a chance to respond, which in many cases they would. How many times have people posted complaints here about somebody sniping at the end of an auction and they lose a coin they really wanted? Coleguy has it correct that the way this other site does it is a true auction style format. Where luck and timing is removed and the final bid price is from whoever had the most desire to have the item and pay the most. If you put your highest bid in on ebay and walk away, inevitably people will bid you up when there's time left to try to win it themselves. If you leave somebody else's high bid in and wait until the last second to snipe them, that is a more economical way to do it. Most seasoned ebay users know this and will hang back until the end. It's a strategy to pay the least as possible. Which is great for buyers but hurts the sellers. With the other format, it removes all strategy and the seller has a chance to receive full market value. I just found it interesting. I'm not saying I'm in favor of one or the other. I wouldn't be surprised to see ebay go to something like this in the future. Then people would really decide what they were willing to pay for something because they have no choice.[/QUOTE]
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