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> Seller A is selling an item he bought for $5 dollars. He's trying to sell it for $10, for a 100% profit. The current bid is $7 dollars. He logs in to a remote
by clarry 6y ago
> Seller A is selling an item he bought for $5 dollars. He's trying to sell it for $10, for a 100% profit. The current bid is $7 dollars. He logs in to a remote desktop and bids on his own item to bump the price with a different MAC and IP. It sells for $12 and he's happy.
So why don't you set the starting price at $10? Does ebay not let you set the base price?
- retrac 6y agoAn auction for an item with a history of an apparent bidding war up to $10 appears much more desirable than an auction for an item that just sits there for a week at its opening bid of $10.
- rdtwo 6y agoThis is why I never bid till 10sec out using a automated app. It’s stupid to actually bid on items and allow the other bidders to respond.
- c17r 6y agoAt a lower starting price, you get people bidding. And then you fraudulently raise it. The legit bidders think they have a now have a "vested interest" in it and will bid up "just a little more". It's the same thing with the penny auction sites like DealDash which is part of their terribleness.