Vax 4000/90

[Scott Stevens]

On Sun, 15 May 2005 09:24:18 -0400
"Bob Lafleur" <bob_lafleur at technologist.com> wrote:

> > I don't mind being out bid.  I mind not being able to big again.
> 
> In "theory", you're supposed to put in your absolute maximum the first
> time. So why would you WANT to bid again if you've already put in your
> highest bid?
> 
> Unfortunately, Ebay's "theory" goes against human nature. What you
> think is your maximum bid, when someone else outbids that your brain
> says "well, if I could get it for just a little more, I guess I'd be
> willing to pay that".
> 

People who go into eBay with the mindset of a traditional auction get
frustrated with the sniping phenomenon.  You have to bid your highest
amount up front.  Wether 'up front' is 2 days or two seconds before the
close of the auction is immaterial.  That's just how it works.  I prefer
'real' auctions where you can camp on an item, watch the price climb and
can make at-the-second decisions how high to go.   But that isn't eBay. 
And eBay isn't better or worse than it, just different.