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Old 05-23-2003, 03:20 PM   #1
vsp
Syndrome of a Down
 
Join Date: Jun 2001
Location: West Chester
Posts: 1,367
eBay idiocy

Behavior witnessed today:

Item X is up for auction on eBay. Two bidders are hard at work outbidding each other:

Yutz#1: $13
Yutz#2, one minute later: $14
Yutz#1, one minute later: $15
Yutz#2, one minute later: $16.50
Yutz#1, one minute later: $17.51

et cetera. The bid count went from a handful to double digits in a very short time.

Why is this stupid? Because the item STILL HAD HALF AN HOUR TO GO ON IT.

Thus,

1) Neither one was "winning" anything,
2) Neither one was gaining any measurable advantage over the other, as there was still plenty of time to counter the counter to their counter to the counter to their counter, and so
3) All they were doing was driving the price up for no good reason,
4) When I was sitting there waiting to snatch the item up in the last ten seconds anyway.

Which I did, paying about what I expected to pay for the item in the first place.

SO THERE!
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