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<p>[QUOTE=&quot;Vess1, post: 1445464, member: 13650&quot;]I&#039;m sure most people understand the difference already but here&#039;s an example of what happens with a $100 item, given the two formats.</p><p><br /></p><p>&nbsp;&nbsp;&nbsp; $100 item listed on ebay starting at 0.99.&nbsp;&nbsp; Everybody wants a deal.&nbsp;&nbsp; There&#039;s 20 incremental bids.&nbsp; It&#039;s bid up to $70 and stops.&nbsp;&nbsp; In the last seconds, somebody bids $75, somebody bids $80, and I come along and bid the full $100 to clear everything out.&nbsp; Because I know it&#039;s worth $100.&nbsp;&nbsp; Well, the last high bid was $80, so I probably win it for $85.&nbsp;&nbsp; </p><p><br /></p><p>&nbsp; If I bid $100 on it with 15 min. left, the people will simply keep bidding it up until they are the high bidder.&nbsp; It&#039;ll go to $105.&nbsp; Then I have to bid $110 to get back in front.&nbsp; Now I&#039;d have to over pay to get it so it makes no sense to put my high bid in early.&nbsp; </p><p><br /></p><p>&nbsp; With the other format, the timer would not control the price at any point.&nbsp; It would only serve as a reference for when the end of the auction BEGINS.&nbsp;&nbsp; The price is going to whatever people are willing to pay.&nbsp; When the bids stop coming in, the time runs out and the auction ends.&nbsp;&nbsp; Every ebay seller would love to see this policy implemented.&nbsp; Given the shear volume of sales, Ebay revenues would skyrocket.&nbsp; There is no doubt.[/QUOTE]</p><p><br /></p>

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