Doing the Bidding of the Beast

I am amused by this eBay bid history:

I'll translate:
  • On 27 July, at 11:30:10 PDT, seller posts item with an opening bid of $1.00 and some still unknown reserve price.
  • At 19:36:05 PDT, first bidder enters a maximum bid of $6.16; this does not meet reserve price, so first bid is $1.00.
  • On 29 Jul, at 12:45:05 PDT, second bidder enters a maximum bid of $5.00; entry automatically pushes bid of first bidder to $5.50.
  • 10 seconds later, second bidder enters some maximum bid more than 50¢ than first bidder's maximum bid, and finds that his or her bid is now $6.66.
  • 12 seconds later, second bidder enters some higher maximum bid, but his or her bid remains $6.66.
  • Another 12 seconds later, second bidder enters some even higher maximum bid, but his or her bid remains $6.66.

If the second bidder were to enter a bid not less than the seller's reserve price, then his or her bid would become that. Otherwise, his or her bid will remain at $6.66 until some other bidder enters at least $7.16.

(BtW, I put the words reserve and maximum in quotes, because, as far as I'm concerned, eBay abuses each term, one way or another.)

Tags: , ,

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.