I [don't] hate E-Bay (was Cromemco 68000 on ebay)

[Sridhar Ayengar]

Eric J Korpela wrote:
>> Of course.  The point he was trying to make is that non-snipe bidding is
>> counterproductive for the user bidding and just about everyone else.
> 
> You and he may believe that, but that doesn't make it true.  Snipe bidding
> is for two types of people 1) people who believe that they are somehow
> entitled to pay less than an item is worth to somebody else (and believe
> that snipe bidding will allow that to happen) and 2) people who can't set
> limits for themselves and will continually bid up an item when their maximum
> bid has been exceeded.

I have used both sniping and normal bidding in auctions on ebay.  In my 
experience, it is easier to get an item for substantially less than my 
intended maximum bid.  The maximum amount of money I'm willing to pay 
for an item is no one's business but my own.  The less I pay, the better 
it is for me.  However, if I'm sniping, and you've already bid more than 
my maximum possible bid, I'll drive the auction up to my maximum bid and 
that's what you'll pay.

Let's face it.  ebay isn't like other auctions.  Other auctions get 
extended with continued bidding.  It's a different game altogether.

Peace...  Sridhar