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Auction's feeding frenzy
beneteau
Member Posts: 8,552 ✭✭✭
I just don't understand some bidders not only on GB but eBay as well. I'm seen many cases where bidders will drive a price higher than a BIN price on an exact same item.
Don't these bidders ever shop before getting into a bidding war?
Stupid!
Don't these bidders ever shop before getting into a bidding war?
Stupid!
Comments
My only conclusion is that some folks don't know what to bid on, so they only bid on items that have bidders already. Feeding frenzies can then result.
It is entertaining.
I research the value, consider what I can afford and make my maximum bid. That's it. [8D]
Been a while since I won auctions on GB. I still try [:D]
15 minute rule is great for sellers. It's helped me in what little selling I have done.
15 minute rule blows a foul and odorous wind for buyers. It's hurt me on auctions where ebay sniping is reflexively tried over and over again.
And Going Nuts Bought Dori's For $370
While they were Fighting Over Others[^][^]
Let the feverish bid snipers go whackadoodle in the last 30 seconds of every 15 minute bid reset. There'll be another of that make and model come along soon enough, if not already waiting on my Watch List!
Personally I'll spend some time "shopping" before buying or getting into an auction.