Archived posting to the Leica Users Group, 1999/07/17

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Subject: Re: [Leica] Re: Leica Users digest V10 #23
From: Dennis Painter <dpainter@bigfoot.com>
Date: Sat, 17 Jul 1999 07:52:45 -0700

Dave, 

It is an odd coincidince but the only way a person could determine your
max amount would be to bid over it, and note their 'winning' bid amount,
and then withdraw their bid. 

Withdrawn bids show in the bid history so look there.

Bests,
Dennis

Dave Yoder wrote:
> 
> >
> 
> But Mark, if you walked into a shop, saw an M6 you wanted to buy priced at $1,000, would you say to the
> owner "No, I insist on paying $1,600 for that camera" because that's the limit you set for yourself
> before entering the shop?
> The rightful expectation from buying on ebay is that, beyond reserve prices, you and your closest
> competitor set the value of the item. If there is little demand, the price should stay low. If it is
> artificially or nefariously inflated, you've been bilked out of your savings on a low-demand item.
> 
> And since my original post wasn't clear enough, it concerned, on both occasions, competitors exactly
> matching my bid, to the dollar (on odd-dollar numbers, i.e. not rounded figures). They lost to me
> because they didn't exceed my bid, but succeeding in making me pay the maximum I was willing to pay. I
> just think it's an odd coincidence.
> 
> Dave Yoder
> 
> >
> > But isn't the issue you don't HAVE to cough up any more than the price you had
> > previously decided you were going to pay.
> > You are not being manipulated!
> > Don't be a victim!
> > Mark :-) Rabiner
> >
> > ------------------------------
> >
> >