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Uuve Savisaalo
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Posted - 2005.04.16 22:20:00 -
[1]
Edited by: Uuve Savisaalo on 16/04/2005 22:20:49
Chances are you've seen the hidden "reserve not met" markers on e-bay and, chances are, you've also seen the reserve price: Hidden *******s in the sale order forum auctions. The former is understandable - on ebay, the seller has the option of entering an official sort of a reserve price. If the said reserve is not met during the auction time, the seller ends up not selling their item, but at the very least they specify some sort of an actual reserve figure.
In eve auctions, the hidden 'reserve' is just a clause for the seller to not sell their item for what ever reason after the auction is over. Since they state no official figure for their reserve to anyone, it could for all intents and purposes be their buyout price or, if they didn't state the buyout, it could be a fake auction altogether, where the seller isn't planning on selling the item at all.
Either way, I think reserves should be either specified or altogether prohibited. Having it say 'hidden' as a reserve on the item you're selling is mindnumbingly stupid.
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Dianabolic
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Posted - 2005.04.16 22:32:00 -
[2]
Agreed.
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pshepherd
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Posted - 2005.04.17 21:15:00 -
[3]
or perhaps they don't want to show the reserve in order to boost interest in the item. If the reserve is huge then who will start the bidding low knowing they won't get it?
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Shimatu
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Posted - 2005.04.17 21:45:00 -
[4]
anyone whose seen a real auction will know the point of it.
the auctioneer may start off asking 100 for an item, then drop it back, 90...80...70 until someone finally bids, and it can easily get back up to over 100 again as people start to bid against each other, and human competitiveness takes over.
now, if the seller had said at the start "will not go for less that 100", then noone would have ever bid, since it wouldnt have gone low enough for them to start.
think that makes sense... :P
3-I's T2 sales can be found HERE
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herot
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Posted - 2005.04.18 14:15:00 -
[5]
It's particulary annoying when some one enters a bid after the end of the action stating "in case the reserve wasn't meet". Doesn't take Einstein to see that that won't be the case very often.
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