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Sniping on ebay - Click HERE for Original Thread
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XStatic
For those not familiar "Sniping" is the smart way to purchase online auction items. It helps you avoid competitive bidding which always drives the final price higher. When you snipe with BidNip, your bid remains hidden until the last few seconds of an auction, then we place your winning bid at the last possible moment, which makes it practically impossible for other bidders to outbid you!

Normally you get 5 snipes free:
For a limited time, you can take advantage of our FREE TRIAL PROGRAM, so you can see how BidNip works - FREE! It takes a few seconds to sign up, and we'll give you five free snipes at no cost or obligation. That's how sure we are that you'll love BidNip!

They will be giving you 10 more if you have an account by Jan 16th:
To thank you for helping us become the best sniper, we're going to give every subscribe 10 free snipes on Jan. 16th. Every member of BidNip (free trial or paid) at midnight on Jan. 16th will get 10 additional snipes that won't expire! Tell your friends!

Yup, that's right, for 24 hours in the coming week, on Thursday January 8th, we're offering completely free sniping to all our members! It doesn't matter if you're a free trial member or a paid member, all your snipes placed from 12:00:00am PDT through 11:59:59pm will not be deducted from your snipe account. So, Happy Sniping!

Signup here:
http://www.bidnip.com/a.php?id=910

Snipes cost 16¢-25¢ each depending on volume and are only deducted from your account if you win. If you sign up as a referral the person that referred gets 20 more when the new account buys more snipes. Or during January the referral gets 5 just for someone signing up.

Okay, we're all feeling a bit generous, so, here's what we'd like to do. Our success is due, in large part, to our great members telling their friends and family about our great service. And, we'd like to reward you for it. So, until the end of January, any and all members who refer someone to BidNip.com will get 5 free snipes for each new member.

If you don't wat to use my referral just signup here:
http://www.bidnip.com/signup.php

I have used this service on several occasions and it works well. No need to watch those auctions, you can even install a right click service so you just right click on an auction to add it to your snipe list. In addition to the snipes being cheap, they are only deducted from your account if you win. If you lose the bid you keep the snipe credit!

Summary:
Get 5 free snipes when you sign up
Get 10 more if you have an account by Jan 16th.
For 24 hours on Thursday January 8th all your snipes placed from 12:00:00am PDT through 11:59:59pm will not be deducted from your snipe account.

Good luck!
Dale MDX
Sniping does seem to be the way to win online auctions. But what happens if everybody uses a sniping service, which could happen if that's the only way to win an auction? It seems like it would cease to work, then.

If people would just put in their true maximum acceptable bid in the first place, things would work a lot better. Then if somebody exceeds your price, you don't care. If you do care, your bid wasn't really the highest you were willing to pay. If you look at bidding history of some auctions, you see the same people bidding dozens of times, starting at a ridiculously low price, and increasing along with other bidders trying to maintain the lead. Of course, in effect all they are doing is driving the price up for themselves. Lot of interesting psychology in online auctions.
XStatic
When I tried putting in my maximum price early, I almost always lost, but using the sniping service I have won quite a few. If something is near closing and has few bids others often think it isn't worth while. When something has been bid many times it seems to generate more interest and thus go up in price.

For example I bid on an item that was re listed over and over, week after week. Every time I bid I would get overbid. If I forgot to look the item often expired with no bids at all. Using the sniping service I was finally able to purchase at the opening bid.

If everyone uses sniping it will be a crap shoot to see who wins depending on the timing and the load on the service. Since bids go in as late as 10sec before closing there might not be time for another bid to go in.

The solution would be for ebay to offer an auction service that would allow items to auto extend on a higher bid. For example every time a bid goes in the item would extend for 5 min.
MGTD
This is the problem with ebay and one that can be easily fixed. Just like a regular auction they should keep bidding open for a fixed time after the last bid (I would suggest 10 minutes), then if no more bids come in the last bid wins. It would stop all this snipping stuff.

Chris
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xcel
Hi All:

___Why not snipe the auctions yourself? I know you can’t be at a net connected PC all the time but sometimes when it’s really an important to win auction, just be there in the last 30 seconds and do it yourself? I hate that there are really nutty individuals that bid an auction up with days to go myself but that’s E-Bay? What’s the point? Most of this non-sense is probably the auctioneer (s) friends or himself under other aliases doing a bit of behind the scenes bidding himself …

___Why stick up for an auction seller(s)? They are there to make a profit with reserves to protect that minimum profit. The buyers advantage is to snipe or to stop our bid(s) at a given price point irregardless of what someone else bids.

___I gave this one almost 0:02:00 but most I try to final bid within 15 to 30 seconds of final when there is more interest …

___Good Luck

___Wayne R. Gerdes
___Hunt Club Farms Landscaping Ltd.
___Waynegerdes@earthlink.net
XStatic
quote:
Originally posted by xcel
Why not snipe the auctions yourself? I know you can’t be at a net connected PC all the time but sometimes when it’s really an important to win auction, just be there in the last 30 seconds and do it yourself?


If it was something important, hard to find, one of a kind, collectible, etc. I probably would. But for multiple listing items available from many sources it is simply easier to autosnipe until you get it for what you want to pay. Also the autosnipe can consistently get you in much closer than 30sec, I have mine set for 10sec.
XStatic
Bump - Final hours of free snipe day!
neide
quote:
Originally posted by MGTD
This is the problem with ebay and one that can be easily fixed. Just like a regular auction they should keep bidding open for a fixed time after the last bid (I would suggest 10 minutes), then if no more bids come in the last bid wins. It would stop all this snipping stuff.

Chris



I've read a couple of articles about a study that some university did - supposedly the end price actually becomes lower when the end time "moves" like that. Apparently its some physcological thing because people know they'll have another chance.
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MGTD
quote:
Originally posted by neide


I've read a couple of articles about a study that some university did - supposedly the end price actually becomes lower when the end time "moves" like that. Apparently its some physcological thing because people know they'll have another chance.


I am sure you are correct and because of this e-Bay will not change their processes.

Chris
XStatic
quote:
Originally posted by MGTD

I am sure you are correct and because of this e-Bay will not change their processes.

Chris



Why would this have any impact at all on ebay's decision? What is important is if sellers want the ability to offer an extension window. This wouldn't change all auctions to this type it would just offer it as another auction parameter.

Here is an example of how Sun allows extension of auctions in iPlanet Market Maker:

Enter the number of days, hours, and minutes in the Extension Window field, if applicable.

This specifies a time period prior to the auction close date during which the system monitors for bidding activity. If there is any bidding activity within this time period, the auction end date is extended by the amount of time specified by the extension time parameters.

Enter the number of days, hours, and minutes in the Extension Time field, if applicable.

This is the time to extend auction beyond the originally scheduled end date.

Enter the number of times an extension can occur in the Extends field, if applicable

http://docs.sun.com/source/816-5981...setaucparam.htm

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