RE: Re: [OT] Ebay Diddle?

[ian.bird@xxxxxxxxxxxxxxxxxxxxxxx]

<Quote>
In short, the diff between "sniping" and using eBay proxy bid is
that it's
possible with the latter for someone to drive up the price to your maximum
(via the proxy). By using a "snipe" you can effectively conceal
your
maximum
until the very last minute.
</Quote>

I thought the automatic bidding at ebay simply went a smidge above the
opposing bid until it hit your maximum. If I read it correctly this is
what sniping software does. A friend said ebay introduced this a while
back to counter sniping. I am no expert as this is only the second item I
have bought and the other was a buy it now sale.

If the above is true then the only difference is the ebay software places
the bid there and then not in the last ten seconds. If however sniping
placed a bid in the last ten seconds then there should be enough time for
the ebay bidding tool to counter.

As mentioned later in the thread though the ebay tool can be driven up to
your maximum at any time. I got round this by setting my maximum at what I
was prepared to bid at the time. I then went up gently over a few days and
held the highest bid for the last three days or whatever it was and won.
This was not a high demand item either so interest was low.

Ian





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