bidding in the dying seconds of an eBay auction is so much fun

I think we were all waiting for you to post a link to the awesome thing that you just won.

I have trouble doing this because I get too anxious and half the time wind up bidding beforehand anyway. But yeah, when I'm able to hold out, it's quite nice. Except when there are 5 other people doing the same thing.
 
The absolute best though is when someone thinks "Hey, I'll bid $10,000 in the last few seconds - that will absolutely ensure that I get it no matter how high it goes". Then of course someone else does the same thing and the item worth $50 at best goes for $10,000.

Seen it a bunch of times.
 
I suppose the idea behind maximum bidding is that you can just bid your max amount and walk away. Of course, why pay max when you can pay minimum? This is actually a flaw in eBay's logic. You can put something on sale for 6 days and in theory, nobody should bid on it until it is 60 seconds from closing.

@Evil? Yeah, I hate when it happens to me, but I'm fighting fire with fire.
 
I think we were all waiting for you to post a link to the awesome thing that you just won.

oh sorry, yeah it was Sabbath's Dehumanizer. It had 3 bids on it, I bid my max amount with about 50 seconds to go and then won. I looked at the bidding history and there were 9 bids!!! As it turns out, other people started bidding but were going up in $0.50 cent increments. :tickled:
 
When doing the Ebay thing, I bid the amount I'm willing to pay for it. Ebay will tell me that I won it or not sooner or later. Shopping is not a sport.

I hear ya, and that definitely makes the labor end of it easier; however, I find if you snipe in the last minute of the auction, 70% of the time you'll get the item cheaper than if you put in your max bid early and walk away.
 
I hear ya, and that definitely makes the labor end of it easier; however, I find if you snipe in the last minute of the auction, 70% of the time you'll get the item cheaper than if you put in your max bid early and walk away.

I've heard this enough over the years that I guess I believe it. I just don't understand why it would work that way.
 
Because the other bidders don't even know there's someone else out there willing to pay more (or up to a certain amount) and don't have time to respond to your last minute bid with more bids. The element of surprise drives the price down in addition to giving you a better chance of acquiring the item. It's a total win-win strategy.