Playstation 3, people bidding on it for 5 days, up to $1000 - its the last 10 seconds, a bunch of people sitting at their computer waiting to throw down a couple bucks over it. Auction over - Item sells for $1050.
scenario2: Playstation 3, nobody bids on it, its at $10 - its the last 10 seconds, a bunch of people sitting at their computer waiting to throw down a couple of bucks over it. Auction over - Item sells for $25.
First guy paid $1050 for his Ps3, Second guy paid $25.
the last 10 seconds of a random bid, will happen no matter what the price is at. So why not do it with $10 instead of $1000?
does anyone in here understand what im saying lol
i understand what you're saying about the maximum someone will bid, it doesnt matter if its at $10, if they're willing to pay, they will still throw down $500. but the truth is, thats unrealistic? nobody would pay that much over what its currently at. you don't know what your willing to pay, until the auction gets heated and your going back and forth. BobSacamento
I understand what youre saying, I don't get those people either.
[QUOTE="BobSacamento"]im trying to get a copy of final fantasy 7 new, at its start price its like $5, but buy the end of the auction it goes for freaking $400
why dont people leave it all the way to the last minute, then everyone throws down a bet, and gets a $500 item for a couple of bucks? why do people continue to bid and make the price higher and higher and higher and higher? Yarcofin
See, you're talking logically and rational. Most people are anything BUT logical and rational. Your average person seems to have a very low level of intelligence and is incapable of thinking a few hours into the future. For example, think of killing other parents for the last Tickle Me Elmo or paying $500 on eBay for it, when the store will be loaded with tons of them that nobody wants any more just a week after the fad started. Most people live their entire lives this way, constantly acting in a mad instinctive rush, instead of thinking logically. Consider yourself blessed, and in fact, take advantage of it. These people are SHEEP that will make you easy money. This man speaks the words of the truth
im trying to get a copy of final fantasy 7 new, at its start price its like $5, but buy the end of the auction it goes for freaking $400
why dont people leave it all the way to the last minute, then everyone throws down a bet, and gets a $500 item for a couple of bucks? why do people continue to bid and make the price higher and higher and higher and higher? BobSacamento
So they could get it in exchange for their money. But I'd rather keep my money.
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