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Mark Atwood
Why the hell do people snipe on eBay? I mean, there is no upside, you don't get a better price, and there is a downside, you are much more likely to overpay.

Someone just sniped the IBM TP T23 I was bidding on, in literally the last second, beating my bid, and payed over past market price, and who knows how much he set is max bid by.

I do know why craven eBay allows it, even tho the technical fix would be trivial to implement: the more people snipe, the more they overpay, and the more they overpay, the more fees eBay collects.

Damn. The next one isn't for another 16 hours.
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From: pir Date: February 13th, 2004 02:18 am (UTC) (Link)
Yeah, it's really annoying. I've been buying extra odds and ends for my soekris box recently...

I can see why some do it - you don't let someone else have the chance to bid more and can end up paying less - but the ebay stupidity factor (paying over market price for things) can come in on more than just sniping.

The solution another auction site had was that if there was a bid in the last 15 minutes the auction was extended by 15 minutes but sometimes that meant auctions were extended for a long time, which was almost as annoying in itself.
fallenpegasus From: fallenpegasus Date: February 13th, 2004 05:42 am (UTC) (Link)
That is the "trival fix".

I suppose that a stretched auction can be annoying, but it's more in line with what auctions are like in real life, where the auctionier doesn't slap the gavel until no bids have come in for a while, and always bidding right before the gavel comes down gets the auctionere, the house, and all the other bidders pissed at you.
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