Quote:
Originally Posted by T206Collector
Just pointing out that a high purchase of a BIN on ebay -- or a single bid at a high opening reserve -- has the same propensity to "manipulate" markets.
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Your position is starting to make a little more sense in light of a previous post.
"The concern of a market artificially inflated by shilling is a red herring, in my view. It is an argument used solely to respond to the shilling-indifferent in an effort to point out a tangible cost of shilling."
One could also point out that the shilling-indifferent might offer other market inflation methods to justify their shilling indifference, since there
are tangible costs to shilling. I've yet to see this proven otherwise or even addressed. I'll prefer hundreds of years of real life experience that market manipulation negatively affects prices rather than a theory that BINs will rise if shilling auctions were eliminated.
I think Steve B pointed it out best in that there are 3 approaches to this:
A ) Whether someone takes the high road of abandoning any market or seller that encourages or condones that stuff
B ) Or The middle road of only participating in some auctions.
C ) Or Ignores it all and only bids what they think is fair