QUOTE: Originally posted by 1shado1 Well, I don't know Frank well enough to tell him how to bid. [:D] My point was that many people don't place their maximum proxy bid when they place their first bid. Or even if they HAD intended to place their max proxy bid when first bidding, they often change their minds and bid higher once they see their max has been topped by others.
QUOTE: For me, sniping actually takes less self control, for some reason. I spot an auction with 5 days left (or whatever), I immediately go to the website of my preferred sniper software, and place my max bid for sniping. I then completely put that particular auction out of my mind. The only way I ever know the outcome is when I'm notified by Ebay that I've won. Back when I used to proxy bid, before the sniping concept became widespread, I had a tendency to keep revisiting the particular auction page, upping my bids and losing self control. But this is just me. I can understand how lack of self control can be triggered by sniping, too.[:D] Jeff
QUOTE: Originally posted by MAbruce QUOTE: Originally posted by 1shado1 I understand. You're looking for clarification of my point. I fully realize how proxy bidding works. You are correct that any proxy bid will defeat any sniping bid of the same maximum amount, due to the fact that the proxy bid was placed earlier (obviously) than the sniping bid. Lets say that an item has an opening price of $6.00. "Frank" places a proxy bid of $9.00. But because no one else has bid yet, his bid is shown as $6.00 (even though his high bid is actually $9.00 if needed). Let's say that I'm willing to pay $10.00 for the same item. So I enter $10.00 immediately, making me the high bidder ME at $9.50 (or whatever the increase increment is). Frank sees that I have outbid him. He now bids higher than my max bid in order to be high bidder again. If I hadn't bid immediately with my $10.00 to become high bidder, Frank wouldn't have had to bid higher to overcome my visible bid. He may have become confident that his current $6.00 would be enough to win, and if not, he still has $3.00 that will be proxy bid in reserve. In this scenario, I snipe at the last second and win the item for $9.50. In the original scenario, I would have been required to spend more ca***o get the item. I realize that this is a simplified scenario only involving 2 bidders. All things being equal, you will win more items, and at a lower price by sniping. I hope this makes sense.[:D] Jeff Your explanation makes sense, but you have Frank bidding incorrectly. If I were Frank, and didn't want to pay over $10 for the item, then I would have set my MAX bid at $10 (not $9) and walk away. Only those snipers that wanted to pay more than $10 would win. Frank would lose the auction only because someone wanted to pay more than he was willing to. Frank can then wait for another of the same item to come up for auction (which usually happens) and try again. If he is consistently getting outbid at $10, then Frank either has to give up or reconsider his notion of winning at $10. Of course this strategy is more risky for those rare items that don't come up often. Then you have to really know your prices and set your MAX bid carefully. Or snipe.[:D][;)] To me sniping takes far more self control. The temptation to snipe at a higher price than you would have before you looked at the auction is too much.
QUOTE: Originally posted by 1shado1 I understand. You're looking for clarification of my point. I fully realize how proxy bidding works. You are correct that any proxy bid will defeat any sniping bid of the same maximum amount, due to the fact that the proxy bid was placed earlier (obviously) than the sniping bid. Lets say that an item has an opening price of $6.00. "Frank" places a proxy bid of $9.00. But because no one else has bid yet, his bid is shown as $6.00 (even though his high bid is actually $9.00 if needed). Let's say that I'm willing to pay $10.00 for the same item. So I enter $10.00 immediately, making me the high bidder ME at $9.50 (or whatever the increase increment is). Frank sees that I have outbid him. He now bids higher than my max bid in order to be high bidder again. If I hadn't bid immediately with my $10.00 to become high bidder, Frank wouldn't have had to bid higher to overcome my visible bid. He may have become confident that his current $6.00 would be enough to win, and if not, he still has $3.00 that will be proxy bid in reserve. In this scenario, I snipe at the last second and win the item for $9.50. In the original scenario, I would have been required to spend more ca***o get the item. I realize that this is a simplified scenario only involving 2 bidders. All things being equal, you will win more items, and at a lower price by sniping. I hope this makes sense.[:D] Jeff
QUOTE: Originally posted by HighIron2003ar And sniping is much easier to do when you are actually at the computer at 4 am in the morning when everyone else is asleep. (If the auction ends at that hour) People who bid early only telegraphs interest and allows someone else to slowly bid up at 1 or two dollar incretments over time until that person's high bid is busted thru. Unfortunately that high bid is pretty close to MSRP with shipping.
QUOTE: Originally posted by MAbruce QUOTE: Originally posted by 1shado1 QUOTE: Originally posted by MAbruce QUOTE: Originally posted by 1shado1 It might be funny if you knew what you were talking about. Unfortunately, you don't. Let's suppose that an item has a current high bid of $8.00, with 3 days left until closing. Let's say the max that I'm willing to pay for the item is $10.00. If I bid my $10.00 with 3 days left, and am shown as high bidder at that $10.00 amount with 3 days left,... I think you just went wrong on your example. At this point you might be shown as the high bidder at the next bid increment (maybe $8.50 if the other bidder didn't set their MAX bid higher - or didn't set it above $10 to begin with). If you are the highest bidder at the next increment, then your MAX bid is still hidden and ebay will proxy bid for you up to $10. If you don't want to pay over $10 for that item, and you lose the auction, then the winner paid more than you wanted to. To me the point is not only to win the auction, but to win it and not pay more than you wanted to. Yes, but it doesn't change the fact that by sniping instead of bidding early, you leave a lower "target" amount visible for others to bid against. This makes it easier to acquire items at a lower price. Not sure what you mean by this. What is the difference between (in your terms) "leaving a lower target amount visible" and a low starting price? Both will likely get sniped. A proxy bid will deflect any sniping attempt under the MAX bid you set (and are willing to pay). I’m not trying to flame you by asking this, but wondering if you understand how proxy bidding works?
QUOTE: Originally posted by 1shado1 QUOTE: Originally posted by MAbruce QUOTE: Originally posted by 1shado1 It might be funny if you knew what you were talking about. Unfortunately, you don't. Let's suppose that an item has a current high bid of $8.00, with 3 days left until closing. Let's say the max that I'm willing to pay for the item is $10.00. If I bid my $10.00 with 3 days left, and am shown as high bidder at that $10.00 amount with 3 days left,... I think you just went wrong on your example. At this point you might be shown as the high bidder at the next bid increment (maybe $8.50 if the other bidder didn't set their MAX bid higher - or didn't set it above $10 to begin with). If you are the highest bidder at the next increment, then your MAX bid is still hidden and ebay will proxy bid for you up to $10. If you don't want to pay over $10 for that item, and you lose the auction, then the winner paid more than you wanted to. To me the point is not only to win the auction, but to win it and not pay more than you wanted to. Yes, but it doesn't change the fact that by sniping instead of bidding early, you leave a lower "target" amount visible for others to bid against. This makes it easier to acquire items at a lower price.
QUOTE: Originally posted by MAbruce QUOTE: Originally posted by 1shado1 It might be funny if you knew what you were talking about. Unfortunately, you don't. Let's suppose that an item has a current high bid of $8.00, with 3 days left until closing. Let's say the max that I'm willing to pay for the item is $10.00. If I bid my $10.00 with 3 days left, and am shown as high bidder at that $10.00 amount with 3 days left,... I think you just went wrong on your example. At this point you might be shown as the high bidder at the next bid increment (maybe $8.50 if the other bidder didn't set their MAX bid higher - or didn't set it above $10 to begin with). If you are the highest bidder at the next increment, then your MAX bid is still hidden and ebay will proxy bid for you up to $10. If you don't want to pay over $10 for that item, and you lose the auction, then the winner paid more than you wanted to. To me the point is not only to win the auction, but to win it and not pay more than you wanted to.
QUOTE: Originally posted by 1shado1 It might be funny if you knew what you were talking about. Unfortunately, you don't. Let's suppose that an item has a current high bid of $8.00, with 3 days left until closing. Let's say the max that I'm willing to pay for the item is $10.00. If I bid my $10.00 with 3 days left, and am shown as high bidder at that $10.00 amount with 3 days left,...
QUOTE: Originally posted by modlerbob MABruce is right. When you bid (no matter whether early or late) only the amount which is the minimum over the previous bidder's highest bid is shown to the world. Example; an item is showing a current bid of $20.50, you are willing to pay $24.50 so you enter $24.50. The previous bidder had a high bid of $22.50 so if the increment is $0.50 your bid will show up at $23.00 keeping your $24.50 hidden until say someone else bids $24.00 in which case your bid will automatically raise to $24.50. What happens then depends on whether one of the other bidders decides he/she is willing to go higher in which case you will be outbid. If $24.50 is the true max you will pay then someone else will win the auction. I see sniping as good only for preventing a bidding war on a popular item that several bidders are trying to get at a bargain. Bob DeWoody
QUOTE: Originally posted by 8500HPGASTURBINE MAbruce, I hope you knew I was joking. I still love ya fellow MRR. I love topics like this. man I'll bet JSHRADE never saw all this comming [:D]
QUOTE: Originally posted by tcwright973 Hi Trainboy, I prefer to deal with my LHS, but sometimes they are limited in what they can do.
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QUOTE: Originally posted by modlerbob ....... I see sniping as good only for preventing a bidding war on a popular item that several bidders are trying to get at a bargain. Bob DeWoody
QUOTE: Originally posted by cnwfan11 For some who have read my first reply I thank you,though I disagree with what some say.A feedback to me doesnt mean a thing.Maybe there are other buyers who have bought items from this guy, got jipped,contacted the seller,and yet they have gotten NO response from him.These kits were bought freely by my fiancee out of her own free will,for my upcoming B-Day and Christmas,well so much for this happening.Though when you are forking out $51.00 for a kit,you ARE expecting that ALL the pieces are to be in it.I do NOT like being lied to when someone is saying that the items will be shipped out on the 6th of September,and instead are sent out on the 14th,via Priority Mail.(Somethings wrong here folks,why the long wait?)When the package arrived I checked ALL the kits to see if the pieces were there for the 6 that were bought,and the Day and Night Water Heater kit was the ONLY one that had missing pieces..........why?If someone says it was the cost of the kit...B.S.!!!! This seller made a false advertising statement about this kit,and yet he is "suppossedly" getting away with it, think again.Yes I will contact the legal people who handle mail-fraud and the like. I have already talked to my future father in law whom is a police officer,and I have a few contacts.We have contacted Ebay,and still there is no response from them regarding this matter.We were told by a on-line rep of Ebay that they are"under staffed and over worked due to alot of complaints and congestion from buyers." GEE I WONDER WHY?!!!! Myself,I am done with Ebay.I am stupid to be buying MR stuff on Ebay,when I could AND should be dealing with sellers at train shows,as well as my local hobbyshops, that ARE MORE HONEST and TRUSTWORTHY than this loser I dealt with.I attend 3 train shows here in Wisconsin.Trainfest in Milwaukee,The SCWD/NMRA Train Show in Madison,and the Titletown Train Show in Green Bay.With these vendors I get a better deal,as I know these vendors,yet when you want a certain item that is discontinued and hard to find,yes i'm sure Ebay and other auctions are handy ,though its the price and cost as well as wondering "if its all there"for the item.My only question is to the people reading this post,how would you feel if you had this same situation,and what would you do?Do you feel that this person should get away with "robbing" you of good money and parts of a kit that is worthless,and useless? Would any of you like me to sell you a MR item that doesn't work,or is missing pieces,and rob you of good hard worked for money?,or would you like to deal with someone who is going to tell you ALL that is wrong or missing from the item?The point of this is getting a good product for the price you pay for it.You wouldn't buy a new car and then find out alot of things dont work or are missing would you?
QUOTE: Originally posted by 8500HPGASTURBINE So in other words a sniper will pay more for things or more then you are willing to pay at the local hobbie shop?? Why would someone pay more on Ebay then what they could get it for at the local hobbie shop? DUH!!
QUOTE: Patience and self control is the way you will get left behind. It's the cut throat kill attitude that gets most very wanted items. It sounds stupid but it's either kill or be killed on most things on Ebay. If I took the Lora Ingles attitude my shelves would be empty.
QUOTE: Huh??? Sounds like you have too much gas in your turbine... I got your Turbine right here [:(!]
QUOTE: Originally posted by dgwinup Children, children, children! Am I going to have to separate you boys? Don't make me come down there!!! Darrell, President of the Anti-Flamamation League (and only member, so far. Annual dues are only $1,000. Send it to my PayPal account. I'll send you a subscription to our bi-annual flyer.) [}:)][:D][}:)] 1shado1, RIGHT ON! I tried to say that earlier, but you said it more clearly than I. Folks, all early bidding does is drive up the price for everyone! Remember, just because YOU think something is worth $10, doesn't mean EVERYBODY thinks it's worth $10. Bid your $10 early, and somebody will outbid you almost every time. Follow Jeff's lead and you will win more auctions. Or sign up for some sniping software. End of story. Darrell, presidentially quiet...for now