ebay finds that PWCC engaged in shill bidding?

[cardsagain74]

Originally Posted by Peter_Spaeth

If the proposition is, two consecutive people did not win this card and consign it right back to PWCC, then no, prices don't disprove that.

I never said that proved anything. All I said was that he showed that the listed PWCC sales were around other market sales at the time. And even specifically worded it "assumed" sales.

Peter, you seem like a good guy, but I've never seen anyone find so many ways to argue with people on all sides of debates like you do (even when they agree with you, like here). I've made my suspicion about the sale(s) clear :-)

[Peter_Spaeth]

Originally Posted by cardsagain74

I never said that proved anything. All I said was that he showed that the listed PWCC sales were around other market sales at the time. And even specifically worded it "assumed" sales.

Peter, you seem like a good guy, but I've never seen anyone find so many ways to argue with people on all sides of debates like you do (even when they agree with you, like here). I've made my suspicion about the sale(s) clear :-)

I was AGREEING with you. Restating your point. Edited it to be clear.

[cardsagain74]

Originally Posted by Peter_Spaeth

I was AGREEING with you. Restating your point. Edited it to be clear.

No problem. It came off a different way to me (from the wording)!

[packs]

Posting this without comment but it appears shill bidding accusations and faux market bubbles have been made in the video game world as well:

https://finance.yahoo.com/news/youtu...190000435.html

[Peter_Spaeth]

Originally Posted by packs

Posting this without comment but it appears shill bidding accusations and faux market bubbles have been made in the video game world as well:

https://finance.yahoo.com/news/youtu...190000435.html

There was probably shill bidding in the agora.

[Snowman]

Originally Posted by packs

Posting this without comment but it appears shill bidding accusations and faux market bubbles have been made in the video game world as well:

https://finance.yahoo.com/news/youtu...190000435.html

Try to find one single auction marketplace where shill bidding isn't a concern. I'll wait. Some are more rampant than others, with eBay by far being the worst, but no matter how hard they try, it's simply not entirely preventable. And the difference between a 'reserve price' and a 'shill bid' is often semantics at best anyhow. So much so that shill bidding is perfectly legal in some states.

[packs]

I wouldn't say eBay is the worst. I'd say the people on eBay are the worst. As far as I know eBay isn't bidding on auctions for sellers.

[BobC]

Going back to some of the posts questioning card sales for losses, and why would rational people due that, don't forget that more and more people are looking at cards like investments, and therefore not thinking anything like collectors. I'm not saying this is what was actually happening, but did anyone ever consider that someone purposely selling into a down market may have done so as an investor to generate capital losses to then offset against capital gains they already had from sales, and thus save on income taxes? And if the item being sold is a known market commodity that can possibly be expected to go back up in the future (Jordan rookies?), I can also see that seller waiting to get around the wash rules to be able to buy a similar card at the current reduced value back so they hold onto it for future appreciation. They end up basically with the same asset they would have had had they not sold it, but now they get the advantage of utilizing a current capital gains tax loss to put/keep more cash in their pockets. I always called this practice harvesting tax losses.

So there may be other reasons for people doing things that aren't so nefarious, that no has considered.