On Thu, 26 Apr 2007 11:29:38 +0100, "Robert Atkinson" <[EMAIL PROTECTED]> wrote:
>Hi Rex, >It's quite simple when you get used to it. >The list is ordered in bid value, highest at the top. >If two bids are for the same amount, the one that was placed first takes >precedence (and wins if they are at the top at auction end). >This is why bidder 6 is at the top, he bid on the 22nd, before bidder 8 >on the 25th. Bidder numbers are time sequential. >The other issue is proxy bidding, Bidder 6's bid would only have shown 1 >bid increment (about $10 in this case) above the next lowest bidder >until his limit was reached ($4000). If he had bid $4000.01 (or bidder 8 >had bid $3999.99) there would have been no confusion. This is why some >bidders put an odd few pence (cents) at the end of their bid. > >HTH. >Robert. Yes, I understand the basic principle, but how can we explain the sequences and what bids remain recorded? Surely Bidder 1 was alone at the start of bidding. So Bidder 2 outbid him with a bid of $250 or more. Why did the first bid disappear? Maybe there was a reserve? Then I guess Bidders 1 and 2 swapped bids. Ok, those values got saved for some reason. Bidder 3 doesn't show before bidder 4. Does he become bidder 3 even if he looses to bidder 2? How come Bidder 6 doesn't show up until the very end? He must have been involved at some point between bidder 5 on the 21st and bidder 7 on the 23rd. Say bidder 6 had a max bid of 4000 and that's why we see him winning at the end. Then why does bidder 5 have that string of recorded bids. Bidder 6 should have won all those bids. If bidder 8 places a bid with a max of 4000 on the 25th and then bidder 6 responds with another bid of 4000 he wins because he had a lost bid earlier. That surely can't be. Or bidder 6 places a max bid of 4000 after 3000 from bidder 5 so he is winning with 3010 then bidder 8 bids a max of 4000. Bidder 6 wins the tie because he has a history. I guess it could be, but the recorded date of Apr 22 for the 4k bid would be wrong. Actually I guess this newish way of listing as bidder 1, 2, ... conveys more information than if it was just user names. I'm sure there must be a sequence that explains what is listed but I can't quite see it all. Can anyone propose a sequence of bids on dates that explains this list of recorded bids and dates? I guess there must be one but it is evading me. > > *Bidder* Bid Amount Date of bid > Bidder 6 US $4,000.00 Apr-22-07 05:14:15 > Bidder 8 US $4,000.00 Apr-25-07 00:49:30 > Bidder 5 US $3,000.00 Apr-23-07 19:31:08 > Bidder 5 US $2,900.00 Apr-23-07 19:31:00 > Bidder 5 US $2,800.00 Apr-23-07 19:30:50 > Bidder 5 US $2,700.00 Apr-23-07 19:30:42 > Bidder 5 US $2,500.00 Apr-23-07 19:30:32 > Bidder 5 US $2,200.00 Apr-23-07 19:30:25 > Bidder 7 US $2,050.00 Apr-23-07 00:33:36 > Bidder 5 US $2,000.00 Apr-21-07 21:21:05 > Bidder 3 US $1,250.50 Apr-21-07 17:19:52 > Bidder 4 US $1,111.00 Apr-21-07 17:38:42 > Bidder 2 US $559.00 Apr-21-07 16:39:08 > Bidder 1 US $365.00 Apr-20-07 21:33:10 > Bidder 2 US $250.00 Apr-21-07 16:38:56 > _______________________________________________ time-nuts mailing list [email protected] https://www.febo.com/cgi-bin/mailman/listinfo/time-nuts
