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Thread ID: 42622 2004-02-17 03:27:00 trade me auto bid yingxuan (3330) Press F1
Post ID Timestamp Content User
216128 2004-02-17 04:09:00 Yeah i went to that.Apparently what it was what i was thinking so i autobid and it just went into a completely meaning from what the autobid Help says at trademe yingxuan (3330)
216129 2004-02-17 04:26:00 What CyaBro was trying to explain is....
While you had your bid at $53 , someone else either autobid or bid $70.
Now can you see a problem here...you have a maximum bid of $70, so does the other person? Who is going to "lead" the bids?
What happens, is that as you were first to put in the $70 maximum, then trademe puts you ahead of the other bidder.
Another trap is to DOUBLE CHECK you have the "autobid" box ticked!
Pheonix (280)
216130 2004-02-17 13:27:00 Yes i did double tick the auto bid option.My username was tammy19.Ticking and unticking the autobid doesnt' seem any different at all?MAybe i still don't understand !! yingxuan (3330)
216131 2004-02-18 01:11:00 That's how auctions work .

Obviously someone else bid (almost certainly an auto bid) $70 (or $68 :D) just after you put in your auto bid . The computer would have done the auto bid sequence whereby you are the top bidder at X+increment, the other autobid tops your one, your auto bid is entered . . . Since it was just two "actual" bids there is no point in showing the whole sequence .

So at the moment you are the top bidder . At $70 . I assume you were prepared to bid "up to $70" .

"Real" auctions work exactly the same . An absentee bidder sets a limit . The auctioneer bids for the absentee . Auctioneers don't cheat (in my experience) . They want to have customers coming back .
Graham L (2)
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