Quote:
Originally Posted by Aquarian Sports Cards
It's meant to mimic a live auction in which a lot doesn't end until the bidding does. Unless you think that's BS live as well?
|
Then why not just have that? It's a bad business practice IMO. They want their cake and eat it too.
If you want a live auction, then have that. If you want an ending time, just have that. The hammer drops the same on both.
Ebay you have timed auctions, you have BIN, and you have reserves. I don't like reserves and auctions that start at a dollar. Start it at the reserve. I know I was hit with shill bids in one auction with a reserve. The same bidder drove up 20 or 30 cards that day. Didn't win any, just got them where they wanted them. I'm sure many others noticed, they just wanted the card and stayed silent like me.
IMO adding time to an auction that closes, has that same effect. Who's driving the car at the other end? If you can't win on a timed auction, then you don't deserve overtime. I know plants are in auctions of every kind, and have witnessed it in multiple formats, both online and live.
This post isn't in any way about singling out Golden, but a general observation.