[meteorite-list] Is EBAY bidding fixed?

From: GREG LINDH <geeg48_at_meteoritecentral.com>
Date: Wed, 11 Apr 2007 23:25:43 -0700
Message-ID: <BAY118-DAV26F1EC3EC777E51779003C95E0_at_phx.gbl>

       Hi Norm,

    Thanks for your thoughtful reply. I'm understanding the process better
because of those who took the time to actually explain EBAY to me.

    Regards,
             Greg Lindh



----- Original Message -----
From: "Norm Lehrman" <nlehrman at nvbell.net>
To: "GREG LINDH" <geeg48 at msn.com>
Sent: Wednesday, April 11, 2007 10:03 PM
Subject: Re: [meteorite-list] Is EBAY bidding fixed?


> Greg,
>
> You are not understanding the bidding process.
> Suppose you bid $10. Then I bid $100. I am am shown
> as having bid $11. You then bid $12. I am
> immediately shown as bidding $13. You then bid $14, I
> am automatically shown as having bid $15. I have not
> made another bid. This is all totally automatic until
> we get to my initial maximum ($100). When you bid
> $101, I will finally have to enter a new bid, for the
> first time, to keep in the race. Now I bid $150. I
> am shown as bidding $102. etc, etc.
>
> Cheers,
> Norm
>
> --- GREG LINDH <geeg48 at msn.com> wrote:
>
> > Hi Dave,
> >
> > I don't think my analysis of the EBAY situation
> > is silly at all. There
> > is no reason to artificially up the price of an
> > item. What I do is wait
> > until the last 30 seconds or so and then pop in and
> > place a bid. I have
> > always won, but unfortunately I pay a higher price
> > than necessary because
> > someone has bid over and over again *for no apparent
> > reason*. They're not
> > scaring anyone away by doing this. They just make
> > the item cost a ton more.
> > Again, I ask why?
> >
> > Greg Lindh
> >
> >
> >
> >
> > ----- Original Message -----
> > From: "Dave Freeman mjwy" <dfreeman at fascination.com>
> > To: "GREG LINDH" <geeg48 at msn.com>
> > Sent: Wednesday, April 11, 2007 9:48 PM
> > Subject: Re: [meteorite-list] Is EBAY bidding fixed?
> >
> >
> > > Don't be so silly, the person is raising their bid
> > so that if you bid, you
> > > won't out bid them. If you want to win the
> > auction, you have to bid higher
> > > than their bid.
> > > For fun, start out and bid very low, bid again,
> > bid four or five times to
> > > what is your maximum bid. It will let other
> > bidders THINK you are serious
> > > about winning...............OR............THAT
> > other bidders may think
> > > you are fixing your bid....
> > > Dave F.
> > >
> > > GREG LINDH wrote:
> > >
> > > To all,
> > >
> > > I am new to EBAY and to meteorite collecting.
> > I have purchased 13
> > > meteorites total. I've gotten most of them by
> > bidding on EBAY. I've
> > > noticed that many times someone will bid for an
> > item and continually bid
> > > the
> > > item up even though nobody is bidding against
> > them. They may start out by
> > > bidding $10.00 for an item, then the same person
> > raises the price to
> > > $30.00,
> > > then $50.00, then $80.00, etc., etc. They
> > artificially and unnecessarily
> > > raise the price so that the item finally sells for
> > a *much* higher price
> > > than it would have gone for if this hadn't been
> > done.
> > > Either the bidder is a moron or he is working
> > with the seller to up
> > > the
> > > price.
> > > Can anyone explain this phenomenon to me?
> > >
> > > Greg Lindh
> > >
> > > ______________________________________________
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> > >
> >
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> > >
> > >
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Received on Thu 12 Apr 2007 02:25:43 AM PDT