Quote:
Originally Posted by Snapolit1
The whole model is based on this asinine notion that as soon as I am outbid at 4:53 am on an item I am dying to get, all of a sudden I'm going to start pushing my pile of chips as fast as I can in other directions. Because lord knows once I have my money on the table I'm so crazed that I'll spent it somewhere.
Haven't done that once.
There have been many auctions that have closed at 5 am where I would have bid higher at 11:30pm and gotten the item (and everyone would have made more money on the other end) has it closed on a lot by lot basis.
Is there anything else you see in your life that is sold in such a ridiculous fashion. No. Absurd model.
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+Exactly. This is all by design. There is no card, memoriablia, autgraph, etc worth losing my sleep. The entire AH process is set up to shill buyers and cover the tracks with blind bidding. It's too bad, because I would bid on a few items if I could snipe.
Based on the number of repetitive items I see shuffled around these AH's, I would guess 30% of the sales are fake.