Ebay Extending Bids at End of Auction 2 minutes

[ChuChu Flamingo]

Only for collectard cardboard for now but coming to a town near you once tested!

eBay Tests Extended Bidding For Trading Card Auctions - Will Sniping Be A Thing Of The Past?

eBay tests extended "soft-close" auctions for trading cards - collectors say it could be the end of sniping on the platform.

www.valueaddedresource.net

Ebay auctions have kinda been a joke for a while now since people can't math and look at current BINs and get into timmy bid wars. These often exceed or equal a bin. With this in mind look at how bad yahoo japan auction has gotten because of this feature due to shill bids.

tl;dr expect shit to cost more once it gets implemented to other items. It will be fun to watch auctions get bot bids extended forever.

 

[Lagduf]

Really not worth bidding unless it’s a niche and relatively unknown item, seller doesn’t know what it is you do, etc or it’s just a very low value item.

In recent years I rarely bid. Either throw an offer and haggle that way or just use the buy it now.

eBay sucks.

 

[mjmjr25]

eBay practices may be annoying here and there, but it can't really suck since it remains the defacto for determining value on pretty much everything collectible for 30 straight years. It is the top selling platform for sports cards, car parts, comic books, footwear, and video games. It is second for phone accessories, dvd/blu-ray, and power tools, and 3rd in dozens more behind Amazon / Wal-Mart

I hate eBay, but the last one of these sold for $X on eBay, so...
I want to sell it here, don't make be go to eBay...
I know eBay sucks, but I don't want people showing up at my house, so...

I also don't use auction function. The bid-snipe applications ruined auctions 10+ years ago. So i'd agree that auctions will likely go higher and definitely will be some shilling, but it might simultaneously kill the sniping, so six of one and half dozen of the other.

 

[GoosehanX]

This would be great, we could have actual auctions to determine real value.

 

[ChuChu Flamingo]

At the same time when auctions go higher it makes the overall prices higher due to completed sales. So even BINS will go up.

This also makes shill bidding even more effective. It is very prevalent in the collectible cardboard market, especially graded cards. Just look up Probstein123 shill bidding. I can show you evidence of discords of people purposely shill bidding specific cards or buying all of them up to pump and dump.

But chuchu autismingo people can't manipulate the market on stuff it too big. Pat the nes faggot punk literally showed this on a literally who game

By the way even if a seller refunds a person it still shows up as sold in completed listings fucking up those gay price charting sites showing as sold.

 

[Neo Alec]

I think Yahoo Japan already does something similar for all their listings?

 

[BeefJerky]

I think Yahoo Japan already does something similar for all their listings?

Yup. It's referred to as "Automatic Extension" in YAJ listings. If someone places a bid within five minutes of an auction closing it will automatically add five minutes to the auction time.

It's really annoying and I've watched prices for items double because of it.

 

[Gentlegamer]

I only ever use a bid sniper to place my max bid in the last 3 seconds

This means I will completely disregard any auction that extends the bidding.

 

[NeoSneth]

It's been a while since I've actually auctioned on ebay.

 

[kernow]

Wow people still put bids in on eBay

 

[Kid Panda]

Yup. It's referred to as "Automatic Extension" in YAJ listings. If someone places a bid within five minutes of an auction closing it will automatically add five minutes to the auction time.

It's really annoying and I've watched prices for items double because of it.

It's also well known that BEEP store shills all of their own auctions if there are bidders.

 

[Tarma]

It's really annoying and I've watched prices for items double because of it.

I've seen auctions add as much as 30 minutes or more to the end of the original finish time because of so-called "snipers".

 

[wyo]

Good for sellers and eBay, not so much for buyers looking for a deal.

 

[Lagduf]

The deals are dead.

 

[wyo]

Always with the negativity.

 

[Lagduf]

Truth hurts.

 

[wyo]

More than floods?

 

[Lagduf]

The flood from Halo?

Fire the rings.

 

[ChuChu Flamingo]

I only ever use a bid sniper to place my max bid in the last 3 seconds

This means I will completely disregard any auction that extends the bidding.

I think this is how most people should and do use sniping. Kinda like a variation of a silent auction. You put your max bid and no ego bidding happens.

Instead we get retards revealing their hand 3 days before the auction ends. Super low iq move.

 

[Neo Alec]

The deals are dead.

The article says they are just testing it for trading card auctions. I suppose there's a good possibility they will move forward with this for everything.

 

[cum_drops]

The article says they are just testing it for trading card auctions. I suppose there's a good possibility they will move forward with this for everything.

They definitely will if the testing reveals increased revenue.

I just find it a bit hilarious because ebay pretty much killed auctions in the first place and pushed for a BIN format to compete with Amazon. Now they are concerned about auctions again? Maybe Whatsapp and similar have them concerned.

If they manage to fuck up auctions too much I will likely stop bidding on shit, which is maybe for the best anyway.

 

[ratson]

Never bought anything on ebay myself.

 

[greedostick]

The deals are dead.

Pretty much true though. I like to buy large lots of Sega Genesis stuff. Keep one or 2 games and sell the rest in hopes of getting a slight discount. Almost impossible to find a good deal. Most lots tend to sell for almost exactly what they are worth. Sometimes even more. I'm not sure if game stores are snagging them to stock their shelves, or what the deal is? That's for Sega Genesis stuff that most collectors don't care about, and that doesn't sell well in game stores. Retro Nintendo stuff near impossible to get a Lot deal on. It can be the shittiest lot of Sega Genesis Sports games and they are selling for stupid prices.

Also, eBay is raising their fees again. Keep a hold of your Chrono Triggers.

 

[cum_drops]

Pretty much true though. I like to buy large lots of Sega Genesis stuff. Keep one or 2 games and sell the rest in hopes of getting a slight discount. Almost impossible to find a good deal. Most lots tend to sell for almost exactly what they are worth. Sometimes even more. I'm not sure if game stores are snagging them to stock their shelves, or what the deal is? That's for Sega Genesis stuff that most collectors don't care about, and that doesn't sell well in game stores. Retro Nintendo stuff near impossible to get a Lot deal on. It can be the shittiest lot of Sega Genesis Sports games and they are selling for stupid prices.

Also, eBay is raising their fees again. Keep a hold of your Chrono Triggers.

Thats part of it. Lukie Games bids on nearly every lot with anything of value. If you see a buyer with around 190k feedback, that is them. They are a shitty fagit company but the goobs love to buy from them. They have a full-time 'buyer' that just snipes lots.

I have had better luck the past few years on non-ebay outlets and groups. Plus I pay 10% sales tax through auction sites so yet another reason to avoid ebay.

 

[wyo]

Paying sales tax on used items is absurd. To add insult to injury, eBay includes the sales tax when calculating their seller fees.