Post #21850 by the75stingray on Tue, Feb 4, 2003 7:13 AM

Fatuvia- I know the scam. My question was directed to Rain because I did not understand the "benefit to the seller" to close early.
I still don't.
Say there is a Stephen Crane Bowl, and there are 100 TikiCentralites just waiting to bid (all of us wanting to get the best possible bargain though, right? Pay as little as possible?) and at the last minute I say, "Okay, $100 is my limit - that's what I'll bid." Now another collector may say, "Gee, I bet that Stingray dickhead is gonna bid at least $125...I'll go $150 thats my limit."

I am still oblivious to the benefit to the FAIR seller to close early because even when bidders wait till the last minute, they are probably going to bid high in order to win.

(I say FAIR seller because I DO realize a potential benefit to a seller if the bidder offers a high amount of money to close. And again, that practice is supposedly prohibited on Ebay.)

So, in closing, I'd like to point out that I understand the process and the reasoning, just did not fully understand the comment made by Rain.