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<p>[QUOTE="Morgandude11, post: 1445514, member: 37839"]Of course it is the same thing. It is supply and demand. I hear a lot of whining on this thread--probably from people who have lost auctions to better snipers than themselves. The analogy of the stock market is the same, however. Unless you are bidding on an 1856 Flying Eagle cent, there are usually MANY coins of the type that you'd like. There is no compulsion to win a particular auction, or never get that coin, unless it is a one-of-a-kind, and those are quite rare on E bay. So, basically, like the stock market or your local car dealer, it is buyer's choice--don't like the price, don't buy. Also, if someone is willing to pay MORE for the item than you were, is that really bad? it is a fact of life--only in supermarkets or restaurants does one have a "totally fixed price" situation. I have always said "don't like the price, don't buy the item." If someone else beats you to it on an auction, it just means that he/she was willing to pay more, or that you didn't want it badly enough to pay more. Same as any other purchasing situation. I once lost a purchase of a house over $500--the other buyer bid that much more than I did. Was it pleasant to lose? No, of course not--I was in the process of trying to finalize a deal, and the person beat me out at the last minute. It is the way a free market goes.[/QUOTE]</p><p><br /></p>
[QUOTE="Morgandude11, post: 1445514, member: 37839"]Of course it is the same thing. It is supply and demand. I hear a lot of whining on this thread--probably from people who have lost auctions to better snipers than themselves. The analogy of the stock market is the same, however. Unless you are bidding on an 1856 Flying Eagle cent, there are usually MANY coins of the type that you'd like. There is no compulsion to win a particular auction, or never get that coin, unless it is a one-of-a-kind, and those are quite rare on E bay. So, basically, like the stock market or your local car dealer, it is buyer's choice--don't like the price, don't buy. Also, if someone is willing to pay MORE for the item than you were, is that really bad? it is a fact of life--only in supermarkets or restaurants does one have a "totally fixed price" situation. I have always said "don't like the price, don't buy the item." If someone else beats you to it on an auction, it just means that he/she was willing to pay more, or that you didn't want it badly enough to pay more. Same as any other purchasing situation. I once lost a purchase of a house over $500--the other buyer bid that much more than I did. Was it pleasant to lose? No, of course not--I was in the process of trying to finalize a deal, and the person beat me out at the last minute. It is the way a free market goes.[/QUOTE]
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Online auctions with a 15 min. rule?
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