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Cool Shoes, Paraphernalia & Desiderata - Page 759  

post #11371 of 14986
Quote:
Originally Posted by rubin749 View Post
I have never understood the logic of sniping. It's one thing to wait towards the end of an auction to see if it's even worth putting in a bid, but bidding at the last second makes no difference at all. Maybe it's some kind of superstition but to me it makes no sense.

It makes a lot sense if you assume other bidders are either irrational or ill-informed.
post #11372 of 14986
Yes, it is completely rational if the other bidders are irrational.

If you don't understand ebay bidding behavior then wait till you lose item after item by 20 cents.
post #11373 of 14986
reasons to snipe at last second: - remove opportunity for other people to decide to bid more. - remove opportunity for you to decide to bid more. - keeps item under radar reasons not to snipe: - if your top bid ties with an earlier bidder - if the seller, unbeknowst to you, has more than one item to sell and offers them to the next highest bidders. I always snipe.
post #11374 of 14986
Quote:
Originally Posted by vinouspleasure View Post
reasons to snipe at last second:
- remove opportunity for other people to decide to bid more.
- remove opportunity for you to decide to bid more.
- keeps item under radar

Exactly my reasons. If I bid too far in advance I usually lose, like a pair of shells today that I bid on at 5am before work. The winner was able to bid twice before topping me at the end. I still might have lost in a snipe war depending on his max (like others did when I won the Nettletons with a high max) but I would have felt better about having a fighting chance. Nice MacNeils for $87.

reasons not to snipe:
- if your top bid ties with an earlier bidder
- if the seller, unbeknowst to you, has more than one item to sell and offers them to the next highest bidders.

I always snipe.
I try to!
post #11375 of 14986
Canalis in bad need of a change of religion.

(A sole replacement. GET IT?)

http://cgi.ebay.com/CANALI-ITALIAN-B...d=p3286.c0.m14
post #11376 of 14986
wow I am interested in the other loafer the seller is listing
thanks Willsw
post #11377 of 14986
Mezlan Visconti Brown Leather Shoes Mens US 12 NEW:

http://cgi.ebay.com/Mezlan-Visconti-...QQcmdZViewItem
post #11378 of 14986
Quote:
Originally Posted by rubin749 View Post
Point taken. I can understand waiting until the end of an auction to bid, but 1, 2 or even 10 minutes before the end of the auction seems good enough. I guess the answer is that people bid irrationally when they think they can still win even though they have already bid what they thought was their maximum. Sniping eliminates these irrational bids. The idea of timing a snipe to the second still seems silly though.

Quote:
Originally Posted by Tarmac View Post
Yes, it is completely rational if the other bidders are irrational.

If you don't understand ebay bidding behavior then wait till you lose item after item by 20 cents.


Take this pair of shoes in question. If not for the snipe, I might have bid The Deacon up much higher, just to test where his limit was. Another $50 would have been easy. Because at the end of the day, if you're willing to pay $101.50, you'd be ok with $102. And if you're ok with $102...

Anyway, that's why I snipe. It decreases the odds that someone outbids me by $0.20, and it also helps me not creep, because it forces me to set a price and live with it.
post #11379 of 14986
Very smart Testoni Black Label chukkas in 9.5. BIN is $400. Brooks bucks in 10.5 for $80 BIN.
post #11380 of 14986
10.5D cigar shell... oh my... http://cgi.ebay.com/Alden-Cigar-Shel...d=p3286.c0.m14
post #11381 of 14986
Conversely, I almost never snipe anymore, unless it is something i really, really really want.
I just bid early and leave it. This practice also discourages others sniping, and I win more auctions this way than I expected. Snipers see the activity and figure it will be hot bid, and pass on it early.
post #11382 of 14986
Quote:
Originally Posted by soaped View Post
10.5D cigar shell... oh my...



Predictions? I see a $450-$500 final price in somebodys future.

They are pretty sick. For an unknown reason I haven't seen may cigar aldens on a wing or brogue except for the longwing. This is rare
post #11383 of 14986
Quote:
Originally Posted by grimslade View Post
I would never have gone that high, so I'm glad I didn't bid you up any higher. Please report back when you get them.
+1 Allen Edmonds sharkskin saddle shoes, size 7.5. Opening bid is $75 and there hasn't been one with alittle more than 2 hours to go. The winner also gets the matching AE sharkskin belt. http://cgi.ebay.com/ws/eBayISAPI.dll...m=320307847571
post #11384 of 14986
Quote:
Originally Posted by Tarmac View Post
Conversely, I almost never snipe anymore, unless it is something i really, really really want.
I just bid early and leave it. This practice also discourages others sniping, and I win more auctions this way than I expected. Snipers see the activity and figure it will be hot bid, and pass on it early.

I don't doubt that you win but
I don't get the logic. Doesn't your theory work only if you are among others who've bid early ( early being a relative term) such that the you all have pushed the price up? Conversely, if you've bid early and no others have bid and I see that the price is say 50.00 on a starting bid of $49.00, I'll still wait until the last few seconds. I won't be discouraged by the possibility that your max is high(higher than $50) if I really want them.

My last seconds bids are what I'm comfortable as my max, I just happen to prefer to bid at the end as I'm about 80% successful that way. Whenever I bid my max at the beginning I generally lose. Would I have lost the Nettletons with my $277 max if I had bid early? According to many here, probably not but I suspect that I'd have paid more as they would have had more time to hunt out the limit before opting out. Interesting psychology around this topic.

Last year I won nice browned shell #8 ALden LHS for 86.00 at last few seconds while others were battling at 1.50 increments. I sold them a few months ago for $150.00 to equal activity. We all have our experiences with this stuff.
post #11385 of 14986
Quote:
Originally Posted by Tarmac View Post
Conversely, I almost never snipe anymore, unless it is something i really, really really want.
I just bid early and leave it. This practice also discourages others sniping, and I win more auctions this way than I expected. Snipers see the activity and figure it will be hot bid, and pass on it early.

I've never really noticed that; I set the snipe in anyway and have won quite a bit even with early activity.
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