ASSUMING THERE IS NO RESERVE ON AN ITEM ...
Say for instance ... there is a handbag on eBay (worth $500.00) and the listing is for 7 days ... and starting bid is 100.00 --- instead of bidding the item the first couple days and raising the bidding ... if everyone would just wait until the last day to bid -- then it would be cheaper. usually with bids ... people will starting bidding the first day its up and raise the item to 250 - 400 ... but if everyone would just wait until the last day they could get the item for like 100/150 .... does anyone understand my theory? what do you think? why doesnt this work???
2007-05-15 02:43:05 · 8 answers · asked by Anonymous in Computers & Internet ➔ Internet ➔ Other - Internet
sandg94 - OBVIOUSLY you have no idea what your talking about ... i am a hard working taxpayer as well -- that doesnt mean i can't be on ebay! your retarted ... just move on to another question ...
2007-05-15 02:56:45 · update #1
yes my 2 daughters always do this ,they set the timer and have got some great bargains
2007-05-15 02:47:22 · answer #1 · answered by dumplingmuffin 7 · 1⤊ 0⤋
You could be at the last day, but it doesn't mean that the item will be cheaper. Yes your theory may be correct at some point but it i flawed. That(your theory) works great if and only if the item for bid is not a super collectible, massively wanted and potentially the best item for bid to the mass public. You should only spend what you really want and can on the item without/avoiding sacrifice(eg. debts and credit cards).
Not everyone bids at the same time and at a high(or low price) so it really depends on your tactic on a product.
2007-05-15 10:16:14 · answer #2 · answered by JD 3 · 0⤊ 0⤋
This is a great theory if your are there to bid at the end of the auction, but some people have a life and will place a Max bid they are willing to pay for the item. Say the item is currently at $100.00 and i think the item is worth $400.00 to me I would place a bid for $400.00. What i have just did was cause anyone who thinks that item I worth less than $400.00 to force them out of the bid or drive the price up. if they over bid me OH well at lease they didn't get it dirt cheap :)
2007-05-15 10:03:35 · answer #3 · answered by jaded_guy2002 2 · 0⤊ 0⤋
Let's say a bidder puts his max bid at $400 when the item starts at $100. Doesn't matter if people wait to the last minute to try low-ball bids; they will all be outbid.
Your theory about bidding is inherently flawed.
2007-05-15 09:52:18 · answer #4 · answered by It's Kippah, Kippah the dawg 5 · 0⤊ 0⤋
Well, just because you wait until the last day doesn't mean you'll get it cheaper. If three people are waiting with you, the bid could jump up hundreds of dollars (depending on the item) in a matter of minutes.
I've seen it happen.
2007-05-15 09:48:14 · answer #5 · answered by Anonymous · 0⤊ 0⤋
Ebay bids against you up to the price set by the seller. It is best to go ahead and buy it for the set price if it is not too high and the shipping is not excessive.
2007-05-15 10:02:14 · answer #6 · answered by Anonymous · 0⤊ 0⤋
Some hard working taxpayers can't wait around till the last minute watching some auction-they're at WORK.
2007-05-15 09:50:04 · answer #7 · answered by sandg94 3 · 0⤊ 2⤋
everyone want to buy something for cheap price,,that is why,it is called EBAY waiting for the low price
2007-05-15 09:59:12 · answer #8 · answered by Anonymous · 0⤊ 1⤋