What's the logic behind hiding the reserve?

Edward Tinker · 02-25-2009, 11:35 PM

I think it humerous how buyers and sellers look at things so differently, and of course all the sellers on this thread are also buyers...

I also find it humerous how folks say, well I just won't bid on a "reserve auction"... WHY? I have won many auctions that had an increadibly small reserve; you just never know.

I also figure that if I bid my maximum, and that if I win fine. And something I also find funny, to sound snooty about reserves and in the same paragraph talk about "sniping" programs. God, I hate them as a buyer, it seems sneaky to me. Other folks would say; well, then bid what you want and you'll get the item.

All perspective isn't it?

Ed

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02-25-2009, 11:35 PM	#28
Edward Tinker Super Moderator Eternal Lifer LugerForum Patron Join Date: Jun 2002 Location: North of Spokane, WA Posts: 15,974 Thanks: 2,072 Thanked 4,609 Times in 2,123 Posts	I think it humerous how buyers and sellers look at things so differently, and of course all the sellers on this thread are also buyers... I also find it humerous how folks say, well I just won't bid on a "reserve auction"... WHY? I have won many auctions that had an increadibly small reserve; you just never know. I also figure that if I bid my maximum, and that if I win fine. And something I also find funny, to sound snooty about reserves and in the same paragraph talk about "sniping" programs. God, I hate them as a buyer, it seems sneaky to me. Other folks would say; well, then bid what you want and you'll get the item. All perspective isn't it? Ed