Originally Posted by
rpenmanparker
On eBay auctions the trick is to realize it is about paying what you want to for an item, not winning a contest. That is why I always snipe, either with eSnipe or on my own. With six seconds to go I enter the top bid I am willing to pay. No one knows I am there prior to that and bids up the price because they are challenged by me. I win about 80% of the time and never feel ripped off. Bidding early and often, essentially asking the other bidders to outdo you, has no upside.
The problem is everybody is familiar with that strategy now, so the last 60 or 30 seconds amounts to a wild west shootout, and whomever's shot strikes just before time expires wins.
Too bad we can't shoot the early trolls.
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