Reply to "Ebay Requires Account Verification"

swamperbobMember

You are actually incorrect about eBay losing money but eliminating snipes. I completed a two part experiment recently (since I started writing in here). I placed 100 bids on low value coins. They were placed at two levels - one just UNDER retail - the other at full retail plus 10%. I expected that I would lose the low bids but win some or most of the over retail bids. However, I lost all but one.

Try it yourself - if you place a bid on an item when it appears - someone will chip away at your number until they find and exceed that bid. If there were no snipes - eBay would definitely increase their commissions and we would lose our savings.

So it is my belief that placing a bid that matches your snipe amount will cause you to lose the auction or pay the snipe amount in EVERY case. (The only exception are "buy" snipes where you bid a huge amount and there you will just pay a lot over retail.)

8/6/159:49 AM

<ul id="{%=id%}ButtonGroup" class="button-group h-popup-buttons even-button-group even-1">
    <li id="{%=id%}Okay_buttonContainer"><a id="{%=id%}Okay" href="javascript:void(0);" class="button success no-margin-bottom h-alert-modal-ok-button" role="button">OK</a><script type="text/javascript">
        (function() {
            function {%=id%}Okay_click(event, data) {
            {%=id%}Popup.hide();
        }
        
                $('#{%=id%}Okay').on('click', {%=id%}Okay_click);
        })();
    </script></li></ul><a href="javascript:void(0);" class="close-reveal-modal" aria-label="Close Modal">&#215;</a><div class="last-modal-focus focus-utility-element" tabindex="0"></div>
</div>
<script type="text/javascript">
        (function() {
            {%=id%}Popup = new SS.Popup.ModalPopup('{%=id%}');
        })();
    </script>

Skip to main content

Membership Required

Remove From Your Block List

Manage Follow Preferences

Block

Please wait...