One thing that Ebay has done is to bring together buyers and sellers (from around the world) and let the market determine the price of an item - better than almost any other mechanism that I can recall in my limited experience.
For every buyer that gets a 'steal', a seller loses a potential profit. If a fair price is agreed upon, then both parties walk away content.
I guess I just don't see what's wrong with letting the market work efficiently.
So yeah, I'd be bummed if I had a beeline on a mis-catagorized card on the Bay and thought I was going to get it for some less-than-fair price, but I've got no right to whine and complain because someone out-bid me.
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