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Jed Tantrum
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Posted - 2005.11.04 12:50:00 -
[1]
Edited by: Jed Tantrum on 04/11/2005 12:50:41 Selling 4 batches of 100 large armour repairer II modules. Pickup: Ameinaka ( 2 jumps from Rens ) Start bid: 250 mill ( per batch ) Bid increment : 10 mill Reserve: No reserve Buyout: 500 mill ( per batch )
1: 100 large armour rep II 2: 100 large armour rep II 3: 100 large armour rep II 4: 100 large armour rep II
Auction end: Sunday 6th Nov, 23:00 eve time Sniper rule: 10 minutes
Winning bidders will have their goods escrowed to them as soon as I am online after auction close.
Happy biding.
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Feroz
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Posted - 2005.11.04 13:00:00 -
[2]
1) 250m 2) 250m
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spekenbonen
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Posted - 2005.11.04 13:06:00 -
[3]
3) 250m
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Theron Gyrow
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Posted - 2005.11.04 13:07:00 -
[4]
4) 250M
-- Gradient's forum |

Jed Tantrum
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Posted - 2005.11.05 09:56:00 -
[5]
Up we go
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luisa illiat
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Posted - 2005.11.05 10:29:00 -
[6]
4: 260m
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MORGONIUSTWONK
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Posted - 2005.11.05 11:20:00 -
[7]
1)+2)280m
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Jed Tantrum
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Posted - 2005.11.06 17:58:00 -
[8]
Auction ends tonight. Get bidding.
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Woohoo
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Posted - 2005.11.06 18:56:00 -
[9]
Edited by: Woohoo on 06/11/2005 18:57:27 3) 260m
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Nalia Amor
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Posted - 2005.11.06 19:15:00 -
[10]
4) 270
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Solran
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Posted - 2005.11.06 20:43:00 -
[11]
3) and 4) 280
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luisa illiat
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Posted - 2005.11.06 21:44:00 -
[12]
4: 300
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Feroz
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Posted - 2005.11.06 21:47:00 -
[13]
1) 300m 2) 300m
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Theron Gyrow
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Posted - 2005.11.06 22:49:00 -
[14]
3) 290M
-- Gradient's forum |

Brian Royer
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Posted - 2005.11.06 22:54:00 -
[15]
3) 300mil
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Betawolf
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Posted - 2005.11.06 22:57:00 -
[16]
Edited by: Betawolf on 06/11/2005 22:57:51 4)310
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Brian Royer
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Posted - 2005.11.06 22:58:00 -
[17]
Originally by: Betawolf 4)300
Already bidded.
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luisa illiat
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Posted - 2005.11.06 22:59:00 -
[18]
2: 310
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Brian Royer
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Posted - 2005.11.06 23:01:00 -
[19]
Auction over 
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luisa illiat
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Posted - 2005.11.06 23:03:00 -
[20]
Originally by: Brian Royer Auction over 
Yup, depending on sniper rule :D seem to be different ones around heh.. anyway grats on this fine buy
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Brian Royer
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Posted - 2005.11.06 23:04:00 -
[21]
Originally by: luisa illiat
Originally by: Brian Royer Auction over 
Yup, depending on sniper rule :D seem to be different ones around heh.. anyway grats on this fine buy
Thanks
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Betawolf
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Posted - 2005.11.06 23:09:00 -
[22]
Edited by: Betawolf on 06/11/2005 23:11:15
will also take 3)310
shuld be valid according to Sniper rule
no its not posted b4 2310
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Brian Royer
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Posted - 2005.11.06 23:10:00 -
[23]
Edited by: Brian Royer on 06/11/2005 23:14:24
Originally by: Betawolf Edited by: Betawolf on 06/11/2005 23:09:38 will also take 3)310
3) 320mil
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Betawolf
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Posted - 2005.11.06 23:12:00 -
[24]
yours it to late see the timestamp
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Betawolf
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Posted - 2005.11.06 23:13:00 -
[25]
Edited by: Betawolf on 06/11/2005 23:13:54 look at your edited by timestamps lol sux man
JEd thanks for a great auction ill take 3 and 4 escrowed at same time just make price 620m
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Brian Royer
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Posted - 2005.11.06 23:13:00 -
[26]
No I am not.
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Brian Royer
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Posted - 2005.11.06 23:14:00 -
[27]
I didn't edit it to change my bid, I edited it to quote your edits.
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Betawolf
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Posted - 2005.11.06 23:15:00 -
[28]
i read ur original and i intrust eula reps to review and you will be corrected
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Brian Royer
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Posted - 2005.11.06 23:16:00 -
[29]
Jed, please remove Betawolf from the auction, he only bid on one item which was overbid. Then he wants to take another persons winning bid as well.
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Brian Royer
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Posted - 2005.11.06 23:19:00 -
[30]
Sniper rules (The elusive snipe!)
Now you have your item listed, your points listed, you have set a start and end time, you have your reserve, and your buyout information listed, now you need to decide some details about last-minute bids.
Sniper rules are confusing to most people, for the simple reason that they don't understand them, and there are two ways of looking at the rule. Again, be specific. Cover yourself in the event of a last-minute bid war. If you don't, I guarantee you'll hear complaints.
Why is this something to worry about? Well, consider the above auction for the major war gaunts ends at 7:03pm sunday night board time. Now, let's look at what might happen.
Bidder A has the high bid at 6:49pm, of 8000 plats.
Bidder B bids at 6:51pm, 8100
Bidder C bids at 6:58pm, 8200
Bidder D bids at 6:59pm, 8300
Bidder A bids again at 7:01pm, 8350
Bidder B bids again at 7:01pm, 8400
Bidder E, who has never bid on these the whole 2 days it was posted, bids at 7:02pm, 8400
Bidder C bids at 7:03pm, 8500
Now, several issues arise:
First, you had a lot of people interested sill, and it looks like it would have kept going. I have seen auctions "snipe" for an hour.
Second, did Bidder E win, or did Bidder C win? Do bids posted the minute of the end-time count, or not? You didn't specify that, so you will get two very vocal camps on that subject.
Third, if you decide that bids at the minute of auction's end are not valid, is it fair that someone who had not been bidding, come and bid and win at the very last minute?
There are two schools of thought:
* 1. Bids accepted prior to the end time. End Time is 7:00 - a bid at 6:59 is accepted, a bid at 7:00 is too late. * 2. Bids accepted with the end time itself or earlier. End Time is 7:00 - a bid with a time of 7:00 is accepted, but 7:01 is too late
(It is most commonly held that the auction is over at the time listed, in our auction, no bids at 7:03 will be accepted, as the popular online-auction sites use that rule) However, there are some who think it is the first way. Again, clarify this ahead of time, don't wait till the last minute and find people fighting over it.
Many people make a rule that says if you haven't bid on an item, you aren't allowed to bid in the last hour/30 minutes of auction. This prevents someone like Bidder E from coming and bidding at the last minute and winning over several interested parties. However, I personally feel that rule is irrelevant if you use a snipe rule.
If you did not say anything about a snipe rule, you'll very likely find yourself at the end of some pretty angry people. (Although, in these days, for really nice items, if you don't post a snipe rule, usually someone will mention it and ask about it before-hand)
So, how can you save yourself headache? By setting up a few simple rules.
So, let's look at what a snipe rule is:
Definition of a 10-minute snipe rule: Auction will be extended by 10 min's if any bids are placed in the last 10 min's of the auction, and 10 min's for each bid after that (for a maximum of one hour).
Okay, you're thinking, well, what if the hour goes by and you end up with the same situation? I personally have never seen an auction get sniped for over an hour, but in the case of an item like our Gaunts listed above, it is a possibility. When I've run auctions, I don't add the clause limiting how long sniping can happen, simply because if you've got people fighting over an item, they are going to HAVE to keep bidding at least every 9 minutes to stay in it, trust me, someone will drop out of the running after a while.
However, now we have to look at the rule, and realize it is open to two ways of interpretation. I have lost an auction because I held to the belief that it meant the auction is extended 10 minutes from the original end time, but the seller thought it meant extended from the last bid time. So, seller decided the bid at 7:01 extended it to 7:11, and I thought it extended
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