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What the? Out snipped at 0.5 seconds.
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<p>[QUOTE="Cringely, post: 1421950, member: 22271"]The advantage of live auctions is that the auction will continue until all but one bidder drops out. eBay (and many other internet auction sites) has a specific auction ending time. Yes, you can get automated bidding (snipe) programs that will place your bid just seconds before the auction ending time. </p><p><br /></p><p>More than once, I've missed winning an eBay item because someone's automated bid program placed a bid at 5 seconds before the auction's ending time and I couldn't hit the increase bid button fast enough. </p><p><br /></p><p>On auction house (unfortunately not for coins, but for scientific equipment <a href="http://auctions.biosurplus.com/view-auctions/sales/" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://auctions.biosurplus.com/view-auctions/sales/" rel="nofollow">http://auctions.biosurplus.com/view-auctions/sales/</a>) extends bidding if someone bids on an item within the last minute—the auction ending time is extended another 4 minutes. Just like live auctions, that gives other bidders a second chance to increase their bid and win the</p><p>item.</p><p><br /></p><p>What do you think this would do if eBay offered this as an option to sellers?[/QUOTE]</p><p><br /></p>
[QUOTE="Cringely, post: 1421950, member: 22271"]The advantage of live auctions is that the auction will continue until all but one bidder drops out. eBay (and many other internet auction sites) has a specific auction ending time. Yes, you can get automated bidding (snipe) programs that will place your bid just seconds before the auction ending time. More than once, I've missed winning an eBay item because someone's automated bid program placed a bid at 5 seconds before the auction's ending time and I couldn't hit the increase bid button fast enough. On auction house (unfortunately not for coins, but for scientific equipment [URL]http://auctions.biosurplus.com/view-auctions/sales/[/URL]) extends bidding if someone bids on an item within the last minute—the auction ending time is extended another 4 minutes. Just like live auctions, that gives other bidders a second chance to increase their bid and win the item. What do you think this would do if eBay offered this as an option to sellers?[/QUOTE]
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