Vax 4000/90

[9000 VAX]

On 5/15/05, Scott Stevens <chenmel at earthlink.net> wrote:
> 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.

And that is Ubid.com. I know that people are mad about their system:
an automatic extension of 1 hour after the last bid.

vax, 9000

>