OT: ebay sniping

["Michael LaMeyer" <m.lameyer@verizon.net>]

The difference is in timing.  If there's 7 days left in the auction, and 
one
person outbids you, the price could inflate much faster and farther than if
this same exchange occured in the final 5 or 10 seconds of the auction.

Mike

> -----Original Message-----
> From: Greg House [mailto:ghunicycle@yahoo.com]
> Sent: Wednesday, February 26, 2003 11:31 AM
> To: Loopers-Delight@loopers-delight.com
> Subject: Re: ebay sniping
>
>
> --- Denis Aldrich <joy_top@hotmail.com> wrote:
> >
> > I use automatic bidding software. I enter my max on which
> auction into the
> > software. If the price doesn't go over my max, the software
> will bid for me
> > in the last (selectable)10/5 seconds. This is the only bid
> made in my
> > behalf.
>
> Maybe I'm just stupid, but how is this any different then
> just using ebay's
> built-in max-bid option? If you put a max greater then your
> bid, it will
> automatically up your bid when someone outbids you.
>
> Greg
>
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