Re: [MOPO] How to Beat The Clock

[Twonine5]

JR   I totally disagree on every count with what you have stated.   You are not giving reason to a person like myself who is a far more desireable bidder for sellers than most people because (and I am making a statement for a worthwhile purpose and not bragging) I can buy any poster I want.  When I want a poster I will place a high snipe bid and it is usually far more than the poster would ever sell far.  I do this with confidence that I will get it at a price in the range of what I expected but at the same time am willing to risk paying a lot because someone else may do the same thing.  I recently put in a bid of $2500 for an item I thought would go for $750 and everyone was below $750 except one person who bid $2100.  He obviously thought like I did.  Therefore I ended up getting the item at 3 times the normal price range and the seller got far more than he ever expected.  I would never do this with a snipe bid and go to bed knowing that people can keep pecking away at me all night.   Under your system I would never and I mean never place a bid that high because every 60 seconds someone would be bidding up my snipe bid and therefore be able to keep raising the minimum increment until he passed me or bid me way up.    Therefore with this constraint in mind, people knowing they can keep the auction alive for 60 seconds at a time will keep bidding the minimum and the auctions will go on and on and on until only one person wins (which is always the case).  the whole process of sniping will end and only those who have nothing to do will be at their computers.  Most people who earn a big living do not have the time to sit at their computers all night pecking away in minimum increments.   The reason the great number of people want this is because they keep losing on snipe bids and because they cannot afford to bid high.  Your sellers will not get more money because the increments will be small and the big hitters will not take chances.  Ebay was offered this and turned it down because they realized that no matter what, the rules of an internet auction are different.  Also, the auctions go a full week unlike a live auction where an item is up for grabs and the auction is over in 30 seconds from start to finish per item.  Please compare apples with apples and not try to make apples taste like oranges.   Claude Litton Visit the MoPo Mailing List Web Site at www.filmfan.com ___________________________________________________________________ How to UNSUBSCRIBE from the MoPo Mailing List Send a message addressed to: [EMAIL PROTECTED] In the BODY of your message type: SIGNOFF MOPO-L The author of this message is solely responsible for its content.