n00bish question, but I would like to know...

Yep - read up on Proxy bidding on ebay's help page - unless you bid one increment higher than his nuclear bid of $1,000,000 then you'd lose.

R2

So, if I wanted a pretty much guarenteed win, should I do a nuclear bid? What are the disadvantages of Nuclear bids?

There may be someone else that also places a nuclear bid, but it’s slightly less than yours – good for the seller, but bad for your bank account.

But, if I were to place 1,000,000 on an item, and no one else bids higher, wouldn't I only have to pay 520 (if one person bid before me)?

Or say I bid one million and someone does pay higher, wouldn't the actual amount paid only increase by one increment

quote:

But, if I were to place 1,000,000 on an item, and no one else bids higher, wouldn't I only have to pay 520

Yes.

So, I'm not really seeing a disadvantage to nuclear auto sniping... thanks for the help though, I'm buying an extremely rare item that ends today and nobody has bid for it yet...

A nuclear bid as a snipe is very, very dangerous. Here's why...

Fred sees a Widget and thinks "I'll have that!" and places a nuclear bid of, say $5,000,000

Now, say this then puts his bid in as $510, no-one will know his max.

Along comes Mint, decides the Widget is a must-have and places a nuclear snipe of $10,000,000

When the snipe gets placed, ebay accepts the snipe at 10 million dollars and its proxy system then comes into play.

And voila, the item is yours at....
$5,000,010 (or maybe more, depending on what the next increment is).

You're the winner but I doubt if you'll cough up so everyone is annoyed and no-one wins.

Now that's the disadvantage of nuclear snipes!

If you have decided that Fred has placed his max at $510 then a nuclear bid is OK (still risky but OK) but if he's equally keen to win then watch out...

Hope that makes sense!



R2

So, if someone bids over my Max, then MY max becomes what the set price is?

I have determined that the actual object I'm bidding on is worth $1,000 (without the autograph, and it's set at $500) so I'm bidding an odd-number that's a bit higher than that. Nobody has bid on it, but it has about 340 hits? Do you think people are just waiting 'til the last seconds to bid? If so, do you think my bid is enough?

Okay, I'll bite, how could you tell how many hits were on your item?

quote:

So, if someone bids over my Max, then MY max becomes what the set price is?

That plus up to a full increment above your bid.

quote:

…and it's set at $500 … Nobody has bid on it …

Does that mean the starting price is $500?

quote:

Okay, I'll bite, how could you tell how many hits were on your item?

There is a hit-counter at the bottom of the page. It just shows that 340 people have visited the page (but a lot of them are mine and maybe AutoSnipers if it takes a hit to load it's statistics when I veiw my snipes)

quote:

Does that mean the starting price is $500?

Yes.

Gosh, I never noticed it. Thanks! Good luck with your item.

quote:

Do you think people are just waiting 'til the last seconds to bid?

Could be the starting price is a turn off? Maybe others are waiting to see what others do?

I think the seller started it at that low because he figured there would be a ton of bids on it. It's not a bad item as it is, and it's autographed. I'm a big fan of the person who autographed it and I've been looking in to buying this kind of item for a while. You can't beat the price it's set at. I absolutley cannot lose this, because I want this item cheap, and I want it autographed, which is why I signed up for AS, I do not like losing. The auction ends at 11 pm, is 7 seconds enough for a good lead in or is this one of "Ebay's Peak Hours"?

FAQ on lead times

Man, I bet you get sick of directing people to the FAQ. My apologies on being such a newb.

The auction ends directly at 11. So I'm leaving it at 7 seconds

quote:

Man, I bet you get sick of directing people to the FAQ.

Nope. Good luck!

I can be logged in on my eBay account and be looking on the item while AS does it's thing right?

Correct.

One last question: Theres an alert dated about a week and a half ago saying the servers were slow, have they been fixed?

I guess you are referring to these:
https://community.auctionsniper.com/eve/forums/a/tpc...081049211#9081049211

https://community.auctionsniper.com/eve/forums/a/tpc...281049211#3281049211

Looks like Sara forgot to follow up. You’ll notice only one person posted that they were having a problem. If this hadn’t been cleared up right away, there would have been posts from several users. If the problem persisted this long, there would have been an uprising. Your snipe is safe.

P.S. This didn't appear to impact snipes being placed on ebay. It was only slow in bring up AS' pages.

Thank you so much, auction ends in 20 minutes, and still no bidders! I'm very confident I should get this thing for cheap.

Hi

Would you please tell us what it was you were bidding on? The suspense is killing me. Tell us how you make out.

Wow, I didn't even NEED the sniper, nobody else bid! Any way http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=7337...TRK%3AMEWA%3AIT&rd=1 that's the item I bid on. AS got my bid on exactly seven seconds. This thing is awesome.

It's a Kurzweil K2000 keyboard, which usually go for about a grand. But this one was once owned and it's autographed by Dream Theater's Jordan Rudess, my keyboard idol.

quote:

Wow, I didn't even NEED the sniper, nobody else bid!

Not necessarily. Had you placed a proxy bid, you might have started a bidding war. There sure was a lot of interest in the item.

How did you hear about AS?

I just googled up "How to win eBay" and it was the first page that came up. It looked risky needing my eBay password, but eBay doesnt know my CC number, only paypal does so I just figured "wtf, I'll try it"

quote:

:
It looked risky needing my eBay password, but eBay doesnt know my CC number, only paypal does so I just figured "wtf, I'll try it"

Anbd it works great! Congrats and welcome.

FYI Paypal is now owned by eBay.