Update on bidding limits

[Harlequin]

NO THE OVER BIDDERS DONT PAY FOR THEIR ITEMS!!! IF THEY DID YOU WOULD NOT SEE THE ITEMS REPEATEDLY. JMO

[Bert]

Have to wonder if it’s worth the aggravation/frustration & most of the time disappointment.

I'm wondering that myself. Why do some people have to up bid so much? $5 current bid and they bid $40 to start??? Or even in the hundreds on a very low current bid? If they have such deep pockets, why don't they just pay the price on the website and leave the RA to those of us who don't?? . Very frustrating...

[BC]

I have been bidding for over two years and this overbidding has gone on before I ever placed a bid. SLC can try but nothing will stop it. Some of the same people doing it when I started are STILL overbidding two years later. I left shop LC for 6 months to see if their new rules helped BUT the rules did nothing. I am considering leaving for good as there are many more sites to choose from--Wish you luck with the overbidding as YOU WILL NEED IT!!!

[BC]

Overbidding and sniping will go ON as long as they auction anything. They will never stop them as they have ALWAYS been there and will remain. SLP can stop the auctions and sell the item at a wonderfully low price and limit the amount bought but they will never do that. SOME of the bidders that overbid are selling the items to others at a profit and as long as the profit is there they will overbid. I went through the auctions at one time and one bidder had over 300 bids active at once---300. Nobody buys that amount from SLC without selling on the other end. Maybe they run a small store or have jewelry parties but selling happens or they would not bid so much. That was just one bidder and I know there are others right now doing the same thing especially at Christmas.. Either find a way to deal with the overbidding as it will always be there OR do like me and stop doing the auctions. I left for 6 months to see if it would change and it didn't. SLC cannot stop it but they will always have new rules to give you. SLC even called me after a couple of months and I explained. Now IF I want something I will just buy it from the catalog if available.. When I stopped 6 months ago I counted over thirty bidders doing the overbidding--likely more now and nothing has been done. Sorry but that is just how it is!!!

[lah2001]

The best way to prevent overbidding would be to make the online auctions a legal contract, and make people responsible for actually buying the item at their winning price, like it is done on Ebay.

That way, people who bid $800 on an item will be expected to actually pay that amount.

This won't stop the sniping, but I personally see no problem with sniping. Sniping goes on at Ebay as well.

But it would stop much of the overbidding.

[josey]

PAULA is dominating the gold auctions. Putting in very high max bids so no one can bid against her.....she is winning things left and right. Her name has been mentioned before. She is ruining the auctions. I feel like putting in 1000 for each item that Paula has bid on. Maybe some of the rest of us should do just that!

Happy New Year everyone!