05-14-2005, 02:36 PM
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Back in Black
Industry Role:
Join Date: Mar 2002
Posts: 9,976
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Originally Posted by turbo
yes, I do think I grasp it, actually... from your site:
"Proxy bidding can aid your chances of winning an auction and help avoid you being outbid at the last moment. To place a proxy bid enter in the maximum price you are willing to pay for the item. If another user places a bid on the same auction automatic bids will be placed on your behalf in accordance with your maximum bid amount. With proxy bidding you will pay the lowest possible price until someone else places a higher bid."
see the bolded part? well, who was outbidding him? that's all I've been trying to address, is that he was only outbidding himself.
how is someone supposed to know that pubenemy isn't actually an alt of yours trying to make it seem like there is interest in this particular bid? Though, honestly, the reason I didn't initially say this is because if that's what was happening, then it'd be a stupid way to do it, since it lists all the bids... and causes questions, as evidenced by my questions.
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Pubenemy and I are pretty much saying the same thing here.
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Originally Posted by pubenemy
I think spunky1 kept putting in small increments in his max proxy bid trying to outbid me just by a little bit instead of putting a larger number right off the bat. Seems logical to me and Ive seen plenty of ebay auctions go like that.
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Quote:
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Originally Posted by Turboface
The repeated bids that you see there are someone trying to put a number of individual bids in, trying to become the high bid - but because of the proxy bidding, he kept getting out bid each time he did this, because someone else had a higher max bid amount.
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