Posted By:
T206Collector...again that shilling is fraud, it makes my hair scream. Nobody is debating that. Here, I'll say it again -- shilling is fraud. And it is illegal. That is not the point.
I most certainly disagree with the statement that market value is based on complete information. That's totally ridiculous. Who ever has complete information? Some people have more information than others. Shilling is not bad because of a lack of information. Shilling is bad because of fraudulent/misleading information -- there is a difference.
Finally, do people really bid on auctions based on what their competitors are bidding? "Well, I was only going to bid $50, but since JediMindTrick105@aol.com is bidding $75, then it must be worth at least $80, so I'll bid $80." Who does that?
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