Fran Posted:

Reserve Price is a stupid idea since people will use it to greatly overvalue a usually bad item. I think people who are running for the Best Bidder leaderboard already noticed that.

Really? I didn’t notice it

but i agree with this

Aldo_Anything Posted:

From time to time it sucks, yes. In my experience rather high selling files had it enabled, like a ****.MILF that I got for about 1.000.000 flezz.

It’s not really replaceable with a high minimum bid since you get more people bidding and better prices when you start real low, so let’S keep it

I don’t mind seeing reserve prices on highend items, the problem is with delusional people who thinks they will get a 1000% profit.

Fran Posted:

I don’t mind seeing reserve prices on highend items, the problem is with delusional people who thinks they will get a 1000% profit.

hey its their right

cruise control

Reserves ARE stupid, but with limits on buy-it-now/minbids, they serve their purpose. Also, the higher someone sets a reserve, the higher the deposit they’ll lose when it doesn’t sell (unless it sells, which if it’s way overpriced, it probably won’t).

Perhaps the best bet is a compromise, do what eBay does & say whether there is a reserve or not, and if it has been met or not.

Axon Posted:

Perhaps the best bet is a compromise, do what eBay does & say whether there is a reserve or not, and if it has been met or not.

I’d rather not see reserves disappear (there’s a smaller deposit for a reserve than there is for the same minimum bid), but I think displaying that there is a reserve, and if it has been met, would actually be very nice, as I’ll have to send out fewer tubmails letting people know that all my drug auctions have reserves.

Additionally, I’ve lost auctions that I would totally have paid more for, had I known that I needed to pay more to meet a reserve (as opposed to delusional auctions with unrealistic reserves).

Consumer ignorance about the price of auctions is the seller’s benefit…

Keep it as-is, imo.

Inertia Posted:

also displaying what the reserve is is kinda pointless? what’s the difference between this and just using the minimum price? And if anyone bids under the reserve price that he’s not really serious anyway so why not make it so that he can’t bid under the reserve price? .

I bid 180K on an item, in an effort to keep my bid over later bidders. There were no bids at the time, and the minimum bid was about 32K. I was willing to go to 200K but thought I’d see how things went first.

And I find out no one bought it, but I didn’t get it. What was the reserve price? I have no idea. It could’ve been 190 or 200, in which case, if I had known about it beforehand, I would’ve bid it.

So yes. Either get rid of reserve prices, or show them. Otherwise we’re just wasting our time.

For low-end moar files, I set the reserve price as the selling price at the ppwn shop.

The reason I do this, is because having the bid being 5,000, every increment must be another 5,000, as opposed to 300.

A possible solution would be to display the reserve price. I’ve gotten burned a few times for bidding “under” the reserve price, even though I would’ve been willing to bid the acceptable one.

Shii Posted:

The problem is the deposit.

If you make the minimum starting bid high, you pay far, far more than if you just start it low with a reserve

So what? You get your deposit back if it sells. If it doesn’t sell because you priced it too high, I have no sympathy for you.

Starting bid 10,000,000 = non-refundable deposit 600,000

Reserve price 10,000,000 = non-refundable deposit 86,441

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And reserve prices aren’t displayed, because that’s would defeat the reserve price’s whole function. I never liked reserved prices, on the real ebay or here, but they’re hard to avoid using in the current system.