Explain this...

[Moonlight Graham]

Originally Posted by frankbmd

With one dollar increments below the $60 level this one was easy to figure out. Thanks to Moonlight I was vindicated. Another pattern exists though and I haven't actually seen it. If you outbid yourself, you do not have to exceed the increment of an existing bid. Therefore you could place 100 bids with one penny increments raising your bid by only only a dollar in an effort to intimidate other bidders without putting yourself at risk.

I hope this bidder is not on this board or else next week we will talking about the Ebay item with 1000 bids.

Also i would add that i think the seller is in on this type of crazy bidding too-i'll tell you why: if that was my auction i would have cancelled that bidder's bids for fear that he may scare away my real buyers. plus you were able to figure out where the bidding was at anyway Frank, so if i was the seller i would look like a total scammer. i don't know why he just doesn't list the card for the price he actually wants or just slightly more so that he could have room to deal

Originally Posted by Moonlight Graham

Also i would add that i think the seller is in on this type of crazy bidding too-i'll tell you why: if that was my auction i would have cancelled that bidder's bids for fear that he may scare away my real buyers. plus you were able to figure out where the bidding was at anyway Frank, so if i was the seller i would look like a total scammer. i don't know why he just doesn't list the card for the price he actually wants or just slightly more so that he could have room to deal

Same thing happened about 2-3 wks back to a card I had bid on. The bidder jacked the price to about double the value, had about 30 bids on it, and 10+ retractions. I emailed the seller with my concerns and he cancelled the auction and relisted it. I placed one bid on it for min and to my suprise 7 days later I won the auction for cheaper than I had offered him before and less that the card was worth

[2dueces]

Bizarro world. It takes all kinds to make e-bay fun to watch!