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#19
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One thing I always watch for when considering whether shilling is occurring is if there are bids which fall just short of milestone prices. Typically, I get leery when I see bids of something like $99.99 or things along those lines. With bids like that, it would allow a bid of $100 to get driven up to its max, without exceeding that bid.
With that said, I know some people do use that bidding mentality. I have someone bidding on a few of my auctions on eBay right now using that strategy, and I wonder why. I'd love to hear a thought if anyone knows why a normal bidder (non-shiller) would use bids of $9.99, $49.99, etc. and not something like $10.05 or $50.02 to try and just beat a milestone number and not fall shy of it. |
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