I [don't] hate E-Bay (was Cromemco 68000 on ebay)
Eric J Korpela
korpela at ssl.berkeley.edu
Mon Mar 30 19:36:23 CDT 2009
In article <49D14A69.9040004 at gmail.com>, Sridhar Ayengar <
ploopster at gmail.com> writes:
> Go to an actual in-person auction sometime. NO-ONE bids their maximum
> bid up front.
Of course not. But try submitting a $1 bid at a sealed bid auction for an
item you'd be willing to pay $1000 for. Typically that's not a good tactic.
Ebay is somewhere in between a sealed bid auction and an open bid auction.
The only way to find out what someone has bid is to submit a higher bid.
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