On Thu, 1 Feb 2001, John Francis wrote: > The way to eliminate sniping is already known - some of the other on-line > auction houses already do it. It's to make the auction behave like a > real auction, with no artificially-imposed last-bid deadlines. Real > auctions have a 'going, going ... gone!' cycle after the last bid. > All you have to do is to guarantee some amount of time such as three > hours after the last bid before the auction closes. That way any > attempt at 'sniping' in the last 30 seconds simply extends the whole > auction by three hours. But then in theory a bidder could keep adding on increments of a few cents to keep the auction going more or less indefinitely, couldn't they? I don't imagine too many sellers would be keen on 2 week or longer auctions. chris - This message is from the Pentax-Discuss Mail List. To unsubscribe, go to http://www.pdml.net and follow the directions. Don't forget to visit the Pentax Users' Gallery at http://pug.komkon.org.
