posted on May 18, 2006 10:01:09 AM new
So, I was bored and decided to checkout the Bidz.com link over on the side. Notice a painting get lots of action at the end of it's cycle but thought it was strange that the bid increase was never more than $1. Checked out the bid history and.... well... I ain't buying it. Bid history shows 89 bids, all made by the same two people, all in increments of $1.00 and each made exactly 5 seconds apart.
If they are going to shill their own fake auctions the least they could do wis put a randomizer on the bid placement.
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People put their hand on the bible, and swear to uphold the constitution. They do not put their hand on the constitution, and swear to uphold the bible.
posted on May 18, 2006 11:32:36 AM new
Would the 5 seconds between each bid possibly be due to both of them using a automated bidding service? Seems like a plausible cause. Just a thought.
Only two things are infinite, the universe and human stupidity, and I'm not sure about the former. - Albert Einstein
posted on May 18, 2006 12:34:32 PM new
89 bids... no - besides - it's an "auto extend" type auction. Each time someone places a bid the time is extended 54 econds so there would have been no way to set up the autobidding.
~~~ • ~~~ • ~~~ • ~~~ • ~~~
People put their hand on the bible, and swear to uphold the constitution. They do not put their hand on the constitution, and swear to uphold the bible.
posted on May 18, 2006 12:55:31 PM new
I agree somewhat with Mike on this one, except it sounds more like bidz.com software doing it. I know when I was using bidway or whatever they are calling themselve now days, if you had multiple bids, it would show and many small bids like your example.
For instance, bidder #1 bids $5.00, bidder #2 bid $30.00 and bidder #3 bid $40.00. The software would have a bidding war between bidder #2 and bidder #3 at one dollar segments, switching between the two until it got to the $31.00 mark where bidder #3 out bid #2. It sounds like bidz.com is using a similar program.
Only two things are infinite, the universe and human stupidity, and I'm not sure about the former. - Albert Einstein