On Tue, 23 Nov 2004 08:34:18 -0500, Graywolf <[EMAIL PROTECTED]> wrote: > Some theories do not seem to apply to Ebay.
theories? > It is a fact that you are bidding against people who do not have a clue (wow > look > at this it has been bid way up it must be better than those others), i tend not to make any apriory assumptions about the bidders. the fact is, you (and i) have no idea what's driving them (each of them individually). > they are > the ones snipping helps against. It doesn't do much against an informed bidder > as he/she is only going to bid what they think the item is worth. If they > think > it is worth more than you do, you lose (or win depending on how you look at > it). sniping helps against *any* bidder. i think you don't understand why and when sniping works. it doesn't work if and only if you have a good chance to buy at the opening bid price. it's not (just) a theory. best, mishka
