quote:
Originally posted by Smart:
If eBay were to encourage sniping, they'd effectively collect bids from everyone but only reveal them at the auction end. After a while everyone would wise up and no-one would proxy bid. We'd end up with a 'sealed bid' system (which I've mentioned once before), where all bidders would have to bid their true maximums and final sale prices would rise (sellers take note). I think eBay should openly promote that (snipe only auctions) to sellers rather than buyers.
Hey, thanks for this input. This is exactly what I was hoping someone could speak to--the possibility of more convenient, hence more widespread, sniping leading to higher sale prices, hence greater ebay profit. (Possible charges to bidders is just a side point.)
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With too many snipers the bargains would go so 'shh' let's just keep it our secret.
Amen to that. I am going to shut my trap on this kind of topic from now on....
