A Miracle!

[M Holmes]

Stephen Swann writes:

> On Tue, Apr 03, 2007 at 05:10:31PM +0100, M Holmes wrote:
> > Colin Allen writes:
> > 
> > > 1.  People often bid to a level that they feel comfortable with rather
> > > than what they are willing to pay. 
> > 
> > That makes scant sense to me. In what way is someone willing to pay more
> > if that's not the amount they feel comfortable in paying?
> > 
> > Ebay is designed to keep your bid as much below your stated maximum
> > (what the item is actually worth to you) as is required to keep you
> > ahead in the bidding. It makes no sense given this to bid less than an
> > item is worth to you.
> 
> Definitely, yes.  The only way to stay sane as an Ebay
> bidder is to figure out how much the item is worth to you
> (best determined through the following mental exercise: What
> is the amount where I would slap myself on the forehead and
> say CHRIST, I WOULD HAVE PAID THAT MUCH!").  ;-) You bid
> that much, then *forget about it*.  Let the auto-bidder do
> the work for you, and wait for the email telling you whether
> you won.

Phew! Thank Eris for that.  The Little Voices were starting to shout
"HA!! We Told You YOU'RE THE ONLY ONE WHO UNDERSTANDS!!"

FoFP