Quote:
Originally Posted by Snapolit1
Bid what a card is worth to you and not above that and you will never be defrauded.
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I list a card on EBAY for 99 cents.
You see it, think it's value is $1,000 and place a snipe for $750.
Heading into the final minute of the auction I see the card has no bids and use a different account to place a bid of $500 within the final seconds.
The auction ends with two bids -- mine and yours. You win the card for $505, more than $200 less than what you were willing to pay!!!!! Had I not shilled it, you would have paid .99.
Using your logic, you didn't get shilled or cheated because you paid less than what you were willing to.
I know this example is unrealistic and very simple. I did it that way so its easy to understand. But the number of bids, the amount of bids and the timing the bids are placed makes no difference. A buyers state of mind or what he's "willing" to pay add nothing to the definition of shilling or being cheated.