Posted by: Anonymous Coward
on January 26, 2005 12:06 AM
The thing is, if Bidder X had a max of $18, they should just enter that in as their max. That way, when you put in your bid for $20, you end up having to pay $18.25. If Bidder X had only entered in $5 as their max, and you snipe them, it is their own fault if they get "sniped." They should have put in their real max.
Or am I missing something? Is there something funky about Ebay's bid proxy that causes it to fail in the last second of an auction? I would consider that a flaw with their system.
In any case, I understand the concept of sniping. You prevent the other bidder from raising their maximum. But if they were really willing to pay more, they should have entered more, so it seems fair enough.
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Re:Why snipe?
Posted by: Anonymous Coward on January 26, 2005 12:06 AMOr am I missing something? Is there something funky about Ebay's bid proxy that causes it to fail in the last second of an auction? I would consider that a flaw with their system.
In any case, I understand the concept of sniping. You prevent the other bidder from raising their maximum. But if they were really willing to pay more, they should have entered more, so it seems fair enough.
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