David_Oakley
I should Work at Oakley
To preface, I realize the discussion I'm initiating here is a general topic, but I will apply it to X-metals for the sake of inclusion in this forum and the fact that X-metals are exclusively what I ever search and buy off ebay.
Having said that, I just don't understand why bidders on an X-metal (for example) bid early. It's not a new concept that early bidding drives the price higher.
It would serve EVERYONE'S best interest to watch the auction when it's posted and then "Snipe" or bid on the X-metal at the last minute before it ends. This would give any bidder the best chance at winning that auction at the lowest price possible, which is the consensus goal correct?
It's a bit annoying when an x-metal is listed and I know a ton of people (myself included) are watching it. Then someone always has to put a first bid in early on. Can anyone explain a legitimate reason for a person to bid early?
Having said that, I just don't understand why bidders on an X-metal (for example) bid early. It's not a new concept that early bidding drives the price higher.
It would serve EVERYONE'S best interest to watch the auction when it's posted and then "Snipe" or bid on the X-metal at the last minute before it ends. This would give any bidder the best chance at winning that auction at the lowest price possible, which is the consensus goal correct?
It's a bit annoying when an x-metal is listed and I know a ton of people (myself included) are watching it. Then someone always has to put a first bid in early on. Can anyone explain a legitimate reason for a person to bid early?