Mondo Poster News & Rumors

[ygolohcysp]

Just throw down your best price and forget it. Sucks if you lose out by a penny or a dollar but if a big time (even for poors) auction allows late bidding in such small increments...well, that’s also bullshit regardless of the cause.

Right that's not an auction any more. An auction ends when the timer runs out and sells to the highest bidder. Getting "sniped"? No, you didn't get "sniped", someone put in a bid higher than yours and you lost. Why anyone anytime ever wouldn't wait until the very last minute to put in their highest bid is beyond me.

[fredo]

One dollar increments is also a bit ridic

[Codeblue]

Just throw down your best price and forget it. Sucks if you lose out by a penny or a dollar but if a big time (even for poors) auction allows late bidding in such small increments...well, that’s also bullshit regardless of the cause.

Right that's not an auction any more. An auction ends when the timer runs out and sells to the highest bidder. Getting "sniped"? No, you didn't get "sniped", someone put in a bid higher than yours and you lost. Why anyone anytime ever wouldn't wait until the very last minute to put in their highest bid is beyond me.

Back when I used to bid on Ebay auctions, sniping worked frequently. It's a mental thing. People see a high bid, and they want to "compete". If they don't know how high the bid will end up being, they may not be as worried about the competition, and won't put in as high of a bid as they "needed to".

[Bryman]

Why anyone anytime ever wouldn't wait until the very last minute to put in their highest bid is beyond me.

This. I’m no expert, but it seems like early bidding just hikes up the final sale price unnecessarily. Maybe the dynamic is different with this eMovie model. I guess since it won’t end until people stop bidding it kind of removes the incentive to wait? Although I guess you could sit there and refresh with a stopwatch lol. I think I prefer a standard style auction to this format, “snipes” and all.

[35mmpaul]

i loath people who bid early.

[cotis]

i loath people who bid early.

i don’t get the point. why show your cards early?

the emovieposter ending will be a fudge show.

[BENYOUNG20]

You mean it will end like any major auction house does auctions....once the bidding stops. Its a crazy idea.

[Bryman]

Also, I don’t get why some of the “2nd CHANCE!” auctions are bid up substantially higher than the first one

[fredo]

You mean it will end like any major auction house does auctions....once the bidding stops. Its a crazy idea.

You’re not winning a Picasso with a dollar over the last bid.

[Bryman]

i loath people who bid early.

i don’t get the point. why show your cards early?

Right. Plus, like I said, it just drives up the price.

the emovieposter ending will be a fudge show.

Yeah, this is what I’m worried about. Kinda hard to target specific prints and maintain fallback options while trying not to over extend yourself when everything ends at once, but might not end at once? Ridiculous.

[papaver]

no different than a real auction house. the bidding doesn't stop till it's called.

[cotis]

right, and the mondo-ites I'm sure will be 100% reasonable in responses about this.

"I was high bidder when time expired I should have won!"

I'm ready to petty shill bid just to keep things going.

[63schoeffling]

I think it's minimum $50 increments. At least that's what I noticed on the few I threw bids at.

I just can't wait to see the FS listings where people try to sell their stuff for more than what the auction went for. Quality lulz.

[63schoeffling]

I'm ready to petty shill bid just to keep things going.

There's a Storage Wars marathon on... get hype!

[Iracles]

right, and the mondo-ites I'm sure will be 100% reasonable in responses about this.

"I was high bidder when time expired I should have won!"

I'm ready to petty shill bid just to keep things going.

I am sorry for potentially ruining this thread, but I believe that this is the type of logic that is typically reserved for elections.