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|    comp.sys.tandy    |    Life is dandy cuz you're gettin a Tandy!    |    5,684 messages    |
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|    Message 4,312 of 5,684    |
|    Mike to spaam_this@hotmail.com    |
|    Re: high resolution board auction.    |
|    12 Oct 06 22:30:52    |
      From: no@where.man              In article <1160662758.403935.96030@c28g2000cwb.googlegroups.com>,        spaam_this@hotmail.com wrote:              > Mike wrote:       > > Yeah, sure, right, uh huh, whatever.       > >       > > Look, you're never going to convince me of this silly idea of yours.       > > In *any* regular auction - not "Dutch" - the high bidder sets the price.       > > That's what bidding is all about. He who wants it the most - and is       > > therefore willing to spend the most - sets the price by bidding the       > > largest amount.       > >       > > It has always been this way.       > >       > > Let's just agree to disagree, OK?       >       > You're never going to convince Mike that this is how it works.              That's because this is not how it works.              > You can       > use logic, you can use examples, you can cut and paste eBay's Help       > pages, but he will never accept the "silly" idea that he can bid $1,000       > but win for $11 because it's the 2nd-place bidder who determines the       > price.              You can use illogic, you can use contrived examples, but I will never       accept your silly idea. Regardless of whether I bid $11, $1000, or       $1,000,000, my bid is higher than the $10 bidder. I win, therefore I       determine the selling price because I have the highest bid.              > And don't bother to ask him to explain why the winning price is $11       > even though he "set the price" at $1,000.              That's because my bid *is* $11 - until someone bids more than $11! I       set the price at $11 until someone bids more than $11. If their bid       is less than $1000, I set the price because I still have the highest bid.              > He'll just call you and your ideas "silly" again.              That's because it *is* silly.              Mike              --- SoupGate-Win32 v1.05        * Origin: you cannot sedate... all the things you hate (1:229/2)    |
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