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internet price selections

Started by Vintage Brew-migration,

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Vintage Brew-migration

Vintage Brew-migration

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I'm curious about the interactions of sellers and buyers and their bidding or lack thereof on the internet. It appears that all listings that have " buy it now" or a minimum price listing close to the market price are getting no bids at all. Is this because the buyers don't like being told where to start bidding even if other listings right beside them are more expensive after the bidding stops. This message may be a little convoluted, but any ideas as to why people do not bid on the "buy it nows"? I'm specifically referring to the 2011 mint sets! Brew

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bartlesvilleok

bartlesvilleok

Posted
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It is just that a lot of people are hoping to get a heck of a deal. The will watch the BIN until it ends but be bidding on other auctions that are lower then the BIN price. If an auction ends in 3 hours and has a current price of $300 and a BIN ends in 26 days and has a price of $1000 why wouldn't you try the auction?

 

Many of the people will stop bidding on that auction ending in 3 hours when the bid gets close to the BIN price because there is always another auction they can try to get it cheaper.

 

 

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