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 Post subject: Did eBay change something?
PostPosted: Mon Dec 04, 2006 5:12 pm 
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I once won an eBay auction by a penny, and I was the last to bid.

Yesterday, I bid more than the person who bid two seconds before me but ebay rejected my bid as too small. In other words I lost the auction even though I had the highest bid.

Does anybody know when they changed this, and why?

TIA,

David J


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PostPosted: Mon Dec 04, 2006 5:17 pm 
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I have no idea. I recently won an auction by 1GPB. and the final bid was in the hundreds (no not Aleh's!).


I would definitely contact Ebay about this. or even the seller...

That really does suck though. Sorry to hear about that.

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 Post subject:
PostPosted: Mon Dec 04, 2006 5:43 pm 
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Location: Great State of Washington
It should have to do with incremental proxy bidding.

For example.

If the high bidder on an auction is listed as $50 and his max bid is $70 and you bid $70.01 you would win at $70.01

However, if the high bidder is at $50 and someone bids $68-$70 2 seconds before you, your $70.01 bid would be rejected because you have to bid at least $2.50 or $5.00 more than the current high bidder.

Does that help?

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 Post subject: Re: Did eBay change something?
PostPosted: Mon Dec 04, 2006 5:45 pm 
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Joined: Sat Apr 22, 2000 2:51 am
Location: New Ulm, Minnesota, USA
David J wrote:
I once won an eBay auction by a penny, and I was the last to bid.

Yesterday, I bid more than the person who bid two seconds before me but ebay rejected my bid as too small. In other words I lost the auction even though I had the highest bid.

Does anybody know when they changed this, and why?

TIA,

David J


I gather it didn't have a reserve price on it?


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 Post subject:
PostPosted: Mon Dec 04, 2006 6:42 pm 
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Location: Gothenburg, Sweden
I am not sure, but it could be due to how big your increase of the bid was.

As example. say that the minimal increase was 0,5 (currency unimportant) and you increased with 0,51 and the other bidders maximum was bellow your bid with 0,01 then after his bids ran out, your bid was the high bid. From the other bidders maximum bid yours was put up as current bid. Had your increase of the bid been greater than 0,5 more than the current max bid the current bid would have been that, and you would have had the rest of your bid as margin for further bids. As was not the case, your maximum bid got to be the current, and then the winning bid.

Same scenarion with the twist that one bidder increases just before you with 0,5 as you increase with 0,9. Since his bid was first, yours look like a increase of 0,4 and that is bellow the bid increase limit.

I guess this is a complicated way to provide some kind of answer. But this is only my guess of ow it works...


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 Post subject: eBay
PostPosted: Wed Dec 06, 2006 11:18 pm 
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Mr.Twisty wrote:
It should have to do with incremental proxy bidding.

For example.

If the high bidder on an auction is listed as $50 and his max bid is $70 and you bid $70.01 you would win at $70.01

However, if the high bidder is at $50 and someone bids $68-$70 2 seconds before you, your $70.01 bid would be rejected because you have to bid at least $2.50 or $5.00 more than the current high bidder.

Does that help?


Yeah, I think you might be right.
&*@#$%!!!
(What is an expletive that's allowed on this forum?)

David J


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 Post subject:
PostPosted: Thu Dec 07, 2006 5:12 pm 
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Joined: Sat Nov 11, 2006 10:50 am
If I recall Ebay bidding is done in increments. Just becasue you bid higher than someone else it may not be the required amount above the next highest bid.


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 Post subject: Bay of the e
PostPosted: Thu Dec 07, 2006 10:43 pm 
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Joined: Tue Mar 04, 2003 11:17 am
KevinDulles wrote:
If I recall Ebay bidding is done in increments. Just becasue you bid higher than someone else it may not be the required amount above the next highest bid.


Yeah, generally,

My point was that I seem to recall such bids being accepted before. In the flurry of ten bids within the last 6 seconds, more than once I was the last bid less than the minimum over two or three other last-second bidders and I won it.

But who knows? I'm gettin' old 'n my memory ain't what it usta be.

What was I talkin' 'bout?

DJ


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 Post subject: Re: Did eBay change something?
PostPosted: Thu Dec 07, 2006 10:45 pm 
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Joined: Tue Mar 04, 2003 11:17 am
Darren Grewe wrote:
David J wrote:
I once won an eBay auction by a penny, and I was the last to bid.

Yesterday, I bid more than the person who bid two seconds before me but ebay rejected my bid as too small. In other words I lost the auction even though I had the highest bid.

Does anybody know when they changed this, and why?

TIA,

David J


I gather it didn't have a reserve price on it?


Correct, no reserve.

The reason for my posts is that had I bid three seconds earlier I would have won it...and the seller would have been a whole cent richer! :)

DJ


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