Ahh ok. I guess knowing what other people value stuff at is exactly what determines the value of stuff like retro video games. So it's in your best interest to make everyone think that nobody values the item, and a huge, visible max bid is the opposite of that. I've been ruining auctions for years lol.
Sometimes I'll get outbid on something by just $1 and then I'll receive a message from the seller that the winner backed out so I can buy the item at my maximum bid. In reality they bid it up using a fake account and then sent me the email. I fell for it once but never again.
Sometimes I'll get outbid on something by just $1 and then I'll receive a message from the seller that the winner backed out so I can buy the item at my maximum bid. In reality they bid it up using a fake account and then sent me the email. I fell for it once but never again.
That's not always the case. It would probably be difficult to know. I sold an UltraHDMI N64 for $661 and the buyer had to back out. He had planned to use PayPal credit. Either he didn't qualify or the amount was too much. I offered to the second place bidder for $651.
I always bid in the last 5 seconds. Takes away the urge to win. You see idiots placing bids throughout the auction trying to be the top dog. Its just a shake your head moment. They have no idea Im sitting here and their bids are futile. Trying to win the auction by being a lead bidder the whole time is foolish and just makes an auction go probably higher than it normally would.
I find the best strategy is to bid the maximum amount you are willing to pay, at any time during the auction. If the item goes higher than that, that's more than you're willing to pay.
some people like to be winning though and your max bid of lets say 100 . Them winning at 101 isnt much difference. Youd have probably paid 101 too. Sniping it at the end keeps away that dummy in the last 10 minutes placing a 100 bids a dollar apart till they are winning. They wont have time to do that if you bid at the end. Also takes out some seller shenanigans bidding something up
Sometimes I'll get outbid on something by just $1 and then I'll receive a message from the seller that the winner backed out so I can buy the item at my maximum bid. In reality they bid it up using a fake account and then sent me the email. I fell for it once but never again.
That's not always the case. It would probably be difficult to know. I sold an UltraHDMI N64 for $661 and the buyer had to back out. He had planned to use PayPal credit. Either he didn't qualify or the amount was too much. I offered to the second place bidder for $651.
Sometimes I'll get outbid on something by just $1 and then I'll receive a message from the seller that the winner backed out so I can buy the item at my maximum bid. In reality they bid it up using a fake account and then sent me the email. I fell for it once but never again.
That's not always the case. It would probably be difficult to know. I sold an UltraHDMI N64 for $661 and the buyer had to back out. He had planned to use PayPal credit. Either he didn't qualify or the amount was too much. I offered to the second place bidder for $651.
Right but you didn't offer it to him for $660.
I don't recall if it gave me the option to offer second chance to him for more than his max bid ($651). It appears that he saw my previous auction close for $650, so he probably bid $651 on this one and went to bed or something. The auction started at $0.01, so the bid increment was already $10 by that point. Someone else won it for $661 (can't tell what his actual max bid was), then had to back out.
Sometimes I'll get outbid on something by just $1 and then I'll receive a message from the seller that the winner backed out so I can buy the item at my maximum bid. In reality they bid it up using a fake account and then sent me the email. I fell for it once but never again.
That's not always the case. It would probably be difficult to know. I sold an UltraHDMI N64 for $661 and the buyer had to back out. He had planned to use PayPal credit. Either he didn't qualify or the amount was too much. I offered to the second place bidder for $651.
Right but you didn't offer it to him for $660.
I don't recall if it gave me the option to offer second chance to him for more than his max bid ($651). It appears that he saw my previous auction close for $650, so he probably bid $651 on this one and went to bed or something. The auction started at $0.01, so the bid increment was already $10 by that point. Someone else won it for $661 (can't tell what his actual max bid was), then had to back out.
If you remove the high bid then the winning bid isn't your max. Well it shouldn't be. Had that high bidder never bid the high bid would instead be the min increase over the 3rd high bidders max.
What problem does sniping solve that isn't already solved by just entering your max bid from the get-go? People getting emotional and outbidding you out of spite? If someone's artificially bumping the price up with tiny bids, that will backfire if they go over your max bid, I don't understand why anyone would try that. If you enter a price you're not willing to pay, then that's your own fault. And if the price goes over what you're willing to pay, then sniping wouldn't have helped you anyway. I guess I don't see it.
I don't use shopgoodwill.com anymore, but when I did, I definitely suspected shenanigans. I never won an auction that didn't have a last-minute bid to push the auction right up to my max. I've never paid less than my max bid.
it prevents you from showing your hand early. other curious bidders can bid you up one dollar at a time to see where your top is. then beat you by one dollar. its just smarter to enter your top bid at the last second to prevent anyone else from having the chance or time to decide if they want to beat your top number. dont give other buyers the chance to second guess their top bid.
Snipping works or people wouldn't do it.
You win more often and when you do win you win for less money.
The only reason I wouldn't snipe is to get rid of a BIN or try to discourage a seller from ending an auction early, and in neither of those cases am I bidding my max out of the gate. It's crazy how many people chase bids on Ebay.
Who cares about sniping as a superior auction tactic? The real benefit is that you don't have to be there for the auction endtime - you can win an auction at any time during the day (or, during awkward night hours). Plus if you happen to be free during the end, you can watch your snipe register in realtime
Comments
Sometimes I'll get outbid on something by just $1 and then I'll receive a message from the seller that the winner backed out so I can buy the item at my maximum bid. In reality they bid it up using a fake account and then sent me the email. I fell for it once but never again.
That's not always the case. It would probably be difficult to know. I sold an UltraHDMI N64 for $661 and the buyer had to back out. He had planned to use PayPal credit. Either he didn't qualify or the amount was too much. I offered to the second place bidder for $651.
I find the best strategy is to bid the maximum amount you are willing to pay, at any time during the auction. If the item goes higher than that, that's more than you're willing to pay.
some people like to be winning though and your max bid of lets say 100 . Them winning at 101 isnt much difference. Youd have probably paid 101 too. Sniping it at the end keeps away that dummy in the last 10 minutes placing a 100 bids a dollar apart till they are winning. They wont have time to do that if you bid at the end. Also takes out some seller shenanigans bidding something up
Sometimes I'll get outbid on something by just $1 and then I'll receive a message from the seller that the winner backed out so I can buy the item at my maximum bid. In reality they bid it up using a fake account and then sent me the email. I fell for it once but never again.
That's not always the case. It would probably be difficult to know. I sold an UltraHDMI N64 for $661 and the buyer had to back out. He had planned to use PayPal credit. Either he didn't qualify or the amount was too much. I offered to the second place bidder for $651.
Right but you didn't offer it to him for $660.
Sometimes I'll get outbid on something by just $1 and then I'll receive a message from the seller that the winner backed out so I can buy the item at my maximum bid. In reality they bid it up using a fake account and then sent me the email. I fell for it once but never again.
That's not always the case. It would probably be difficult to know. I sold an UltraHDMI N64 for $661 and the buyer had to back out. He had planned to use PayPal credit. Either he didn't qualify or the amount was too much. I offered to the second place bidder for $651.
Right but you didn't offer it to him for $660.
I don't recall if it gave me the option to offer second chance to him for more than his max bid ($651). It appears that he saw my previous auction close for $650, so he probably bid $651 on this one and went to bed or something. The auction started at $0.01, so the bid increment was already $10 by that point. Someone else won it for $661 (can't tell what his actual max bid was), then had to back out.
Sometimes I'll get outbid on something by just $1 and then I'll receive a message from the seller that the winner backed out so I can buy the item at my maximum bid. In reality they bid it up using a fake account and then sent me the email. I fell for it once but never again.
That's not always the case. It would probably be difficult to know. I sold an UltraHDMI N64 for $661 and the buyer had to back out. He had planned to use PayPal credit. Either he didn't qualify or the amount was too much. I offered to the second place bidder for $651.
Right but you didn't offer it to him for $660.
I don't recall if it gave me the option to offer second chance to him for more than his max bid ($651). It appears that he saw my previous auction close for $650, so he probably bid $651 on this one and went to bed or something. The auction started at $0.01, so the bid increment was already $10 by that point. Someone else won it for $661 (can't tell what his actual max bid was), then had to back out.
If you remove the high bid then the winning bid isn't your max. Well it shouldn't be. Had that high bidder never bid the high bid would instead be the min increase over the 3rd high bidders max.
What problem does sniping solve that isn't already solved by just entering your max bid from the get-go? People getting emotional and outbidding you out of spite? If someone's artificially bumping the price up with tiny bids, that will backfire if they go over your max bid, I don't understand why anyone would try that. If you enter a price you're not willing to pay, then that's your own fault. And if the price goes over what you're willing to pay, then sniping wouldn't have helped you anyway. I guess I don't see it.
I don't use shopgoodwill.com anymore, but when I did, I definitely suspected shenanigans. I never won an auction that didn't have a last-minute bid to push the auction right up to my max. I've never paid less than my max bid.
it prevents you from showing your hand early. other curious bidders can bid you up one dollar at a time to see where your top is. then beat you by one dollar. its just smarter to enter your top bid at the last second to prevent anyone else from having the chance or time to decide if they want to beat your top number. dont give other buyers the chance to second guess their top bid.
Snipping works or people wouldn't do it.
You win more often and when you do win you win for less money.