Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
What is so special about this coin?
>
Reply to Thread
Message:
<p>[QUOTE="mark_h, post: 897166, member: 3726"]Scenario 1: Auction for coin worth $200 - 2 snipers</p><p>Here is the point I am trying to make - If bidder 1 is willing to bid 300 on a coin and bidder number 2 is willing to spend 276 on the coin. Both using sniper software then bidder 1 will always win at 281 when the snipe kicks in with 3 seconds left. At least I think this is correct.</p><p><br /></p><p>Scenario 2: Auction for coin worth $200 - 2 snipers</p><p>Now in this scenario two snipers watching the coin bidder 1 sets his max at 300 and bidder 2 sets his at 150. BUT bidder 2 was really willing to bid 276. The coins sits at 110 with 5 seconds to go bidder 2 thinks I got this cheap. The snipe kicks in and again bidder 1 wins but at 152.50 - saving him money.</p><p><br /></p><p>Scneario 3: 1 Sniper 1 regular bidder Mark.</p><p>Now mark comes along and says coin is worth $200, but I am going to bid $300. Now you say coin is worth $200, but I want to snipe at 150. Now the auction is sitting at $100 - Mark is high. Now comes another bidder at bids 150. Mark is high at 152.50. Your software says beep - you need a higher maximum bid. So you decide 276. With three seconds to go your snipe bids 276 - bam Mark wins ant 281.</p><p><br /></p><p>Scenario 4: 1 Sniper 1 regular bidder Mark. </p><p>Now mark comes along and says coin is worth $200, but I am going to bid $176.00. Now you say coin is worth $200, but I want to snipe at 150. Now the auction is sitting at $100 - Mark is high. Now comes another bidder at bids 150. Mark is high at 152.50. Your software says beep - you need a higher maximum bid. So you decide 276. With three seconds to go your snipe bids 276 - bam you win at 178.50.</p><p><br /></p><p>If I got something wrong let me know. As far as I can tell the person with the max snip bid is going to win ONLY as long as it is higher than any of the online auctions. Yes I agree it can save one money when 2 bidders or snipers are trying to win cheap - with not putting in their true max bid. Cause with 3-4 seconds to go even snipers won't have much of a chance to go higher. It will also help you win on the out of prime time hours auctions that you don't have to be around to watch. I know in this scenario bidder 2 might have won if he did 276 in a snipe program and lured the other sniper into a false sense of security. You will just never know. I am just unwilling to fight with bidding everytime an auction hits a point - max bid mark, done, lose - winner happy and mark thinks they over paid. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="mark_h, post: 897166, member: 3726"]Scenario 1: Auction for coin worth $200 - 2 snipers Here is the point I am trying to make - If bidder 1 is willing to bid 300 on a coin and bidder number 2 is willing to spend 276 on the coin. Both using sniper software then bidder 1 will always win at 281 when the snipe kicks in with 3 seconds left. At least I think this is correct. Scenario 2: Auction for coin worth $200 - 2 snipers Now in this scenario two snipers watching the coin bidder 1 sets his max at 300 and bidder 2 sets his at 150. BUT bidder 2 was really willing to bid 276. The coins sits at 110 with 5 seconds to go bidder 2 thinks I got this cheap. The snipe kicks in and again bidder 1 wins but at 152.50 - saving him money. Scneario 3: 1 Sniper 1 regular bidder Mark. Now mark comes along and says coin is worth $200, but I am going to bid $300. Now you say coin is worth $200, but I want to snipe at 150. Now the auction is sitting at $100 - Mark is high. Now comes another bidder at bids 150. Mark is high at 152.50. Your software says beep - you need a higher maximum bid. So you decide 276. With three seconds to go your snipe bids 276 - bam Mark wins ant 281. Scenario 4: 1 Sniper 1 regular bidder Mark. Now mark comes along and says coin is worth $200, but I am going to bid $176.00. Now you say coin is worth $200, but I want to snipe at 150. Now the auction is sitting at $100 - Mark is high. Now comes another bidder at bids 150. Mark is high at 152.50. Your software says beep - you need a higher maximum bid. So you decide 276. With three seconds to go your snipe bids 276 - bam you win at 178.50. If I got something wrong let me know. As far as I can tell the person with the max snip bid is going to win ONLY as long as it is higher than any of the online auctions. Yes I agree it can save one money when 2 bidders or snipers are trying to win cheap - with not putting in their true max bid. Cause with 3-4 seconds to go even snipers won't have much of a chance to go higher. It will also help you win on the out of prime time hours auctions that you don't have to be around to watch. I know in this scenario bidder 2 might have won if he did 276 in a snipe program and lured the other sniper into a false sense of security. You will just never know. I am just unwilling to fight with bidding everytime an auction hits a point - max bid mark, done, lose - winner happy and mark thinks they over paid. :)[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
What is so special about this coin?
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...