Ebay Shill Bidding
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From: Bart! on 22 May 2010 12:52 On Sat, 22 May 2010 17:29:58 +0100, John Devereux <john(a)devereux.me.uk> wrote: > >And this last point is where you are totally wrong, and your whole >argument falls apart. If that last sentence were true, I could bid $1000 >at the start of the auction. If I were the only bidder, the price would >stay at $1, say. Then you come along at the last second and bid $2, and >win? You think you have cleverly discovered a secret flaw in the system >that nobody else knows? You do not understand. In those last seconds there are MANY bidders, and there are MANY of them that make a single bid and there are many that place an auto bid. The computer begins toggling all those through a chronological seine based on server arrival time and as the close of bidding stops, so too does any processing of any bids currently being processed into the system sitting in the queue. Last second bidding used to be the only way to get an item at a decent price. If any two auto-bidders bid early in the game (auction), their bids will auto-increment up to the max that the top bidder of the two has set. That is why you do not see any bids by them early in the game EITHER. That drives up the last seconds bidding was starting price, so nobody enters auto bid figures early in an auction. Even a good auto-bidder will enter his bid in the last seconds. NOW are you starting to get it?
From: Sylvia Else on 22 May 2010 23:31 On 23/05/2010 2:29 AM, John Devereux wrote: > Bart!<B(a)rt_The_Sheriff_Is_A_Nig***!.org> writes: > >> On Sat, 22 May 2010 20:14:55 +1000, Sylvia Else >> <sylvia(a)not.at.this.address> wrote: >> >>> On 22/05/2010 7:25 PM, Bart! wrote: >>>> On Sat, 22 May 2010 14:34:40 +1000, Sylvia Else >>>> <sylvia(a)not.at.this.address> wrote: >>>> >>>>> On 22/05/2010 2:19 PM, Bart! wrote: >>>>>> On Sat, 22 May 2010 13:15:07 +1000, Sylvia Else >>>>>> <sylvia(a)not.at.this.address> wrote: >>>>>> >>>>>>> They would certainly complain about that. >>>>>> >>>>>> >>>>>> They would not know. >>>>>> >>>>>> One must "get their bid in IN TIME." >>>>> >>>>> Is a week earlier "in time"? >>>>> >>>>> Sylvia. >>>> >>>> >>>> In the time between my last bid and the chronological close of the >>>> auction, ditz. >>>> >>>> That is your problem. You are a chronological dumbshit. >>> >>> Why do they have to get their bid in between your bid and the close of >>> the auction if they've entered a higher maximum bid ealier? >>> >>> Sylvia. >> >> Bids are ALSO chronologically entered. That is regardless of any >> auto-bid engine. When the auction closes, any and ALL bidding stops, >> including any auto-bids that did not make it in by the auction close, and >> each bid is incremented individually, regardless of when you actually >> placed the bid. If your (MY) bid goes in at the last second, the computer >> does not get to make any further entries, including any auro-bids that >> were set up. > > And this last point is where you are totally wrong, and your whole > argument falls apart. If that last sentence were true, I could bid $1000 > at the start of the auction. If I were the only bidder, the price would > stay at $1, say. Then you come along at the last second and bid $2, and > win? You think you have cleverly discovered a secret flaw in the system > that nobody else knows? > > The optimum strategy for bidding on ebay is very simple and well known: > > 1) Decide the maximum you want to pay > > 2) Bid this amount in the last few seconds. Close enought to the auction > end so that a human does not have time to react to the bid, and be > tempted to drive the price higher. > > This is what a large minority of people do, if things did work as you > think then there would be many, many cases like my example. It simply > does not happen. > > You are totally wasting your time with all your multiple "bid > windows". You could have just simply put in the highest of your bids at > the last second. Or used a program to do this for you. > >> Get a clue. > > > At this point, I suspect Bart has so much emotionally invested in his view of how Ebay works that it will be completely impossible to convince him that he's wrong. Sylvia.
From: Sylvia Else on 22 May 2010 23:44 On 23/05/2010 2:52 AM, Bart! wrote: > On Sat, 22 May 2010 17:29:58 +0100, John Devereux<john(a)devereux.me.uk> > wrote: > >> >> And this last point is where you are totally wrong, and your whole >> argument falls apart. If that last sentence were true, I could bid $1000 >> at the start of the auction. If I were the only bidder, the price would >> stay at $1, say. Then you come along at the last second and bid $2, and >> win? You think you have cleverly discovered a secret flaw in the system >> that nobody else knows? > > You do not understand. In those last seconds there are MANY bidders, > and there are MANY of them that make a single bid and there are many that > place an auto bid. The computer begins toggling all those through a > chronological seine based on server arrival time and as the close of > bidding stops, so too does any processing of any bids currently being > processed into the system sitting in the queue. You're hypothesising that the system is so overloaded near the end of a single auction that the bids that users think they've submitted before the deadline don't get received in time to count. But Ebay is handling many auctions. It would be an unusual auction indeed where the last few seconds of a single auction represented a significant load. > > Last second bidding used to be the only way to get an item at a decent > price. > > If any two auto-bidders bid early in the game (auction), their bids > will auto-increment up to the max that the top bidder of the two has set. > That is why you do not see any bids by them early in the game EITHER. > That drives up the last seconds bidding was starting price, so nobody > enters auto bid figures early in an auction. Even a good auto-bidder > will enter his bid in the last seconds. But not so close to the end that there's a danger that their bid will be processed after the end due to system load. Nor is it necessary to do so, because it takes time for humans to react, and any computerised response to being overbid is just a pointless replication of Ebay's autobid mechanism, but at the other end of a network link. > > NOW are you starting to get it? Maybe you are, given that your defence of your position is shifting into less and less credible territory. Sylvia.
From: krw on 23 May 2010 00:09 On Sun, 23 May 2010 13:31:55 +1000, Sylvia Else <sylvia(a)not.at.this.address> wrote: >On 23/05/2010 2:29 AM, John Devereux wrote: >> Bart!<B(a)rt_The_Sheriff_Is_A_Nig***!.org> writes: >> >>> On Sat, 22 May 2010 20:14:55 +1000, Sylvia Else >>> <sylvia(a)not.at.this.address> wrote: >>> >>>> On 22/05/2010 7:25 PM, Bart! wrote: >>>>> On Sat, 22 May 2010 14:34:40 +1000, Sylvia Else >>>>> <sylvia(a)not.at.this.address> wrote: >>>>> >>>>>> On 22/05/2010 2:19 PM, Bart! wrote: >>>>>>> On Sat, 22 May 2010 13:15:07 +1000, Sylvia Else >>>>>>> <sylvia(a)not.at.this.address> wrote: >>>>>>> >>>>>>>> They would certainly complain about that. >>>>>>> >>>>>>> >>>>>>> They would not know. >>>>>>> >>>>>>> One must "get their bid in IN TIME." >>>>>> >>>>>> Is a week earlier "in time"? >>>>>> >>>>>> Sylvia. >>>>> >>>>> >>>>> In the time between my last bid and the chronological close of the >>>>> auction, ditz. >>>>> >>>>> That is your problem. You are a chronological dumbshit. >>>> >>>> Why do they have to get their bid in between your bid and the close of >>>> the auction if they've entered a higher maximum bid ealier? >>>> >>>> Sylvia. >>> >>> Bids are ALSO chronologically entered. That is regardless of any >>> auto-bid engine. When the auction closes, any and ALL bidding stops, >>> including any auto-bids that did not make it in by the auction close, and >>> each bid is incremented individually, regardless of when you actually >>> placed the bid. If your (MY) bid goes in at the last second, the computer >>> does not get to make any further entries, including any auro-bids that >>> were set up. >> >> And this last point is where you are totally wrong, and your whole >> argument falls apart. If that last sentence were true, I could bid $1000 >> at the start of the auction. If I were the only bidder, the price would >> stay at $1, say. Then you come along at the last second and bid $2, and >> win? You think you have cleverly discovered a secret flaw in the system >> that nobody else knows? >> >> The optimum strategy for bidding on ebay is very simple and well known: >> >> 1) Decide the maximum you want to pay >> >> 2) Bid this amount in the last few seconds. Close enought to the auction >> end so that a human does not have time to react to the bid, and be >> tempted to drive the price higher. >> >> This is what a large minority of people do, if things did work as you >> think then there would be many, many cases like my example. It simply >> does not happen. >> >> You are totally wasting your time with all your multiple "bid >> windows". You could have just simply put in the highest of your bids at >> the last second. Or used a program to do this for you. >> >>> Get a clue. >> >> >> > >At this point, I suspect Bart has so much emotionally invested in his >view of how Ebay works that it will be completely impossible to convince >him that he's wrong. He's *always* wrong. That's why everyone calls him AlwaysWrong. Well, except his mother. She calls him to dinner after a full day of playing in her hamper.
From: Robert Baer on 23 May 2010 01:22
Sylvia Else wrote: > On 22/05/2010 7:25 PM, Bart! wrote: >> On Sat, 22 May 2010 14:34:40 +1000, Sylvia Else >> <sylvia(a)not.at.this.address> wrote: >> >>> On 22/05/2010 2:19 PM, Bart! wrote: >>>> On Sat, 22 May 2010 13:15:07 +1000, Sylvia Else >>>> <sylvia(a)not.at.this.address> wrote: >>>> >>>>> They would certainly complain about that. >>>> >>>> >>>> They would not know. >>>> >>>> One must "get their bid in IN TIME." >>> >>> Is a week earlier "in time"? >>> >>> Sylvia. >> >> >> In the time between my last bid and the chronological close of the >> auction, ditz. >> >> That is your problem. You are a chronological dumbshit. > > Why do they have to get their bid in between your bid and the close of > the auction if they've entered a higher maximum bid ealier? > > Sylvia. Methinks you are arguing a losing battle; the guy is totally clueless. |