disandat
ArboristSite Operative
Has anyone owned a Stihl M170??? And what do you think about it?
Sedanman has it right in this case:Bill G said:Well yes and no. In a reserve price auction even if you are thecurrent high bidder you have the option of increaseing your own bid thus bidding against yourself. If the current high bidder had a standing bid of $510 prior to the second bidder then the bid history would not show multiple bids by the second bidder.
Bill
spacemule said:Sedanman has it right in this case:
Notice that the second place bidder placed all of his bids after the first place bidder, even though they're lower. That means he was repeatedly bidding trying to see what the reserve was.
whatsnext said:Actually the high bidder's bid would have jumped to the reserve price right off that's how ebay works bids in that sort of auction. John....
Actually that is how it would work in this case and that was all I was talking about. In this case we know that the high bidder bid at least $510. And, we know he bid before the other guy. And, we know the reserve was less than that and somewhere around $190. So, as soon as the >$510 bid was placed ebay would have jumped the bid up to the reserve amount instantly. That's why ebay tells you to bid only what you are willing to pay. Read the rules.Bill G said:No that is not how it works. If a saw is placed on ebay with a reserve of $250 and I bid $200 the bid will only be one bid above the highest bid placed. If there are no other bids. Ebay will not just push the bid to $200 without someone else bidding. Now if another bidder has a $195 bid then it will go to $200. Ebay will only bid one bid higher than someone else. That is why many times I am the high bidder on an item and ends below the reserve even with my max bid being much higher than the ending bid. Now what I was talking about last night is upping your own bid to make the reserve, I thought that had went on with the 170 but I did not look at the dates on the bid placements. I was wrong on this particular auction but I will assure you you can sit all night and bid against yourself until the reserve is met. I have watch it happen on saws I have sold. In one case the reserve was $250 the highest bid was around $220 or so. The winner bid against himself until the reserve was met. After you place your bid ebay posts a message "You are the current high bidder but the reserve is not met" "Would you like to enter a higher bid" That is done so you can try to meet the reserve.
Bill
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