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Thread ID: 105923 2009-12-19 00:27:00 People paying/expecting ridiculous prices on trademe Morgenmuffel (187) PC World Chat
Post ID Timestamp Content User
841058 2009-12-20 04:17:00 There is that element of I want to sell it so nobody wants it,I want to buy it and everybody wants it.

Question of luck I suppose.
Cicero (40)
841059 2009-12-20 06:49:00 There is that element of I want to sell it so nobody wants it,I want to buy it and everybody wants it.

Question of luck I suppose.
It's the law ~ ~ Murphy's.
R2x1 (4628)
841060 2009-12-20 07:17:00 But then you also get people that for what ever reason make multiple bids on a item with no countering bid and sometimes in blocks of several dollars at a time hiking up the price making it no longer worth considering.


That's the auto-bid system at work.

Person 1 has an auto bid set at amount X, Person 2 else tries to bid amount Y, As X is higher then Y the Y bid is superseded by X ,so the bid by Person 1 is the only bid to be logged as a bid.

Making it look like they just whacked on a bid against themselves for no reason.
Metla (12)
841061 2009-12-20 18:54:00 I mostly buy stuff on TM that needs repair or missing something.
Got $250 Nokia phone last week for $25 because it had no charger, book and no SD memory card.

hmmm and I wonder why that was, did it feel warm?
sam m (517)
841062 2009-12-20 21:52:00 I mostly buy stuff on TM that needs repair or missing something.


Want to buy a fish tank? It's only missing half a dozen fish. :p
FoxyMX (5)
841063 2009-12-20 21:56:00 I dont think the phone stolen he has 591 trades with only 1 bad feedback and is address verified email address is xtra.
Welder definitely kosher because owner had it from new
prefect (6291)
841064 2009-12-20 22:09:00 I dont think the phone stolen he has 591 trades with only 1 bad feedback and is address verified email address is xtra.


Doesn't mean a thing. He may not have been the thief.
FoxyMX (5)
841065 2009-12-20 23:19:00 Just have to remember not everything is sold on tard me

That's true, but bugger-all is sold anywhere else.

T&E is still going, and during its hey-day (before T-M) we sold nearly $10,000 worth of redundant bit and pieces, building materials etc over a 2-3 year period. I found my record of sales on the weekend while disposing of old paperwork and I have to say that today stuff on T-M sells for a pittance by comparison. $10,000 was real money back then, and when allowing for relative dollar values between now and the early '90s it was far better than T-M performance today, auctions don't always get the best price.

I don't know why people get all negative about T-M either (vis 'tard me' comments) it is only what the sellers and buyers make it. After several years use it seems to me that the site works fine, and if there are any problems, it's usually the idiot users that cause them, like the nasty sellers who give you a real serve for asking a simple question then black-list you. Its their loss!

Cheers

Billy 8-{)
Billy T (70)
841066 2009-12-20 23:39:00 A few months ago, spotted something on TM that we wanted, several were for sale by the same seller, all $600 Buy Now but one was exactly the same but at a $1 reserve . Placed my one dollar bid and sat back . Day the auction was to close, a new bidder with no previous history of buying or selling wacked on a $599 bid . . . . . . . . . . Bidding against him/herself . . . . . . . . . .

That was quite possibly an auto-bid too, but the reserve was probably $598/9 not $1, despite what the seller put in the ad . Even if the reserve is quoted, you have to auto bid very carefully as TM will bid your full auto-bid sum if it is below the actual nominated reserve (not the claimed reserve) and maybe some sellers have worked out that they can put a false reserve in the text of their ad because TM doesn't reveal the true reserve until the auction closes . Caveat Emptor!

Either that or the sellers (or a friend) created a new identity and bid on their own auction to avoid selling for $1 . The 'no previous history' suggests that it was a disposable account .

When you placed your $1 bid did it say that the reserve had been met and you had the leading bid?

Cheers

Billy 8-{)
Billy T (70)
841067 2009-12-20 23:45:00 That's the auto-bid system at work .

Person 1 has an auto bid set at amount X, Person 2 else tries to bid amount Y, As X is higher then Y the Y bid is superseded by X ,so the bid by Person 1 is the only bid to be logged as a bid .

Making it look like they just whacked on a bid against themselves for no reason .

I have used auto bidding myself before but this wasn't autobidding .

Example would be where I have upped the bidding by my dollar and you come along at some point, wack up the cost by $10 and a minute later up it again by $5 and then 3 minutes later add on another $5 .

And you are I are the only 2 bidding at that time .

Could be that they think they are auto bidding but not ticking the auto bid box, or they are bidding against themselves or just being silly .

Haven't used TM in a while so not sure what they get up to there now .
PinoyKiw (9675)
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