Quote:
Originally Posted by scooter729
One thing I always watch for when considering whether shilling is occurring is if there are bids which fall just short of milestone prices. Typically, I get leery when I see bids of something like $99.99 or things along those lines. With bids like that, it would allow a bid of $100 to get driven up to its max, without exceeding that bid.
With that said, I know some people do use that bidding mentality. I have someone bidding on a few of my auctions on eBay right now using that strategy, and I wonder why. I'd love to hear a thought if anyone knows why a normal bidder (non-shiller) would use bids of $9.99, $49.99, etc. and not something like $10.05 or $50.02 to try and just beat a milestone number and not fall shy of it.
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I just saw a perfect textbook example of the shilling example I referenced above - a brand-new bidder just joined eBay and has made only two bids, both from the same seller despite the items being totally different items (a baseball jersey and a presidential item), while the bid was done for $499, in order to drive the other bidder's price up to the $500 threshold.
http://cgi.ebay.com/Benjamin-Harriso...item4aabd1c931