AnswerID: 105069 Submitted: Monday, Apr 04, 2005 at 12:03
Member - John (Vic)
replied:
This bid on this unit is now $2750.00.
If you look at the bidding list the same bidder has bid against himself 6 times increasing his own bid from $2200 to $2700 ?????? over 6 minutes.
One bid every minute, I reckon that this Ebay is a shysters market place where the price is constantly manipulated as I have seen this many times before.
At $2750 plus auto tune at about $1600 it not worth it, I have been offered a new one complete from the dealer for about the $3500 mark and I had not begun haggling at that point.
The old saying applies on Ebay - "A fool and his money" you know the rest.
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FollowupID: 362244 Submitted:
Monday, Apr 04, 2005 at 12:35
Bob of KAOS posted:
John
If a bidder keeps increasing his bid but the initial bidder has already placed a bid in excess of any bid made by the repeat bidder it will appear like that. The repeat bidder doesn't know how much the original bidder's maximum bid is so increases the bid incrementally. He is not bidding against himself - he has never led the bidding. In my experience eBay runs very well and am not aware of shyster practices. I think your conclusions from your observation of the bidding above don't follow. My question remains, what is the NGT base station worth? If it retails for $5000 then $2750 is a bloody good price.
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FollowupID: 362245 Submitted:
Monday, Apr 04, 2005 at 12:36
Member - David 0 posted:
If you look at the bidding list the same bidder has bid against himself 6 times increasing his own bid from $2200 to $2700 ?????? over 6 minutes
This occurs becasue you can place a maximum bid. If someone bids between the current maximum and you maximum, ebay automatically bids for you, up to your maximum. Hence he is the winning bidder 6 times.
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FollowupID: 362249 Submitted:
Monday, Apr 04, 2005 at 12:53
Member - John (Vic) posted:
OK seems like a strange system if the bidding is to be determined as open and fair then I would have assumed the highest bid would be available to the market and it would be pointless to mark bids lower than the current highest.
Why offer $2700 or less on the item when the current highest is $2750, seems a bit pointless.
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