Quote:
Originally Posted by begsu1013
i get that part. (i guess).
but the audacity to ask for more?
and then tell me a miraculous bid came in mere minutes after i hit the "bin"?
and why even call it a "bin"?
this sounds like a seinfield skit...
"and what's with the buy it now feature"
"youre not buying anything"
"and it's not now"
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It sounds to me like it's "a buy it now if nobody else is interested or a head-to-head auction if someone else is interested."
In other words, the seller puts the item out there at the lowest price they want for it. Buyer 1 sees it and hits the "BIN" button. The seller waits to respond and before he
has to respond, Buyer 2 comes along and hits the "BIN" button. A message now goes out to both "buyers" that someone else is interested and asks for the maximum each buyer is willing to pay. Whoever is willing to pay the most gets the item at that higher price. I would assume if no interested buyer submits a higher price that it would go to the first "BIN" buyer at the "BIN" price. But in any case, I agree with you, it's not a BIN.