[X] My Assistant

Compared to past common big auctions, the only (very personal) issue I have is the end time...it's just 1 hour earlier, but 1 important hour before I normally awake on Saturday.

See:

There must have been a reason why many auctions settled on 14:00 UTC, and this is it:

Daylight at 14:00 UTC time:



Local time, I'd assume ~2 AM - ~8 AM is generally when people are least able to get online, though of course preferences differ. In the map, there is no one too deep in the night except New Zealand and northeast Russia. Those in Alaska would have to get up very early, and those in western Canada and USA would have to get up early, and those in Japan, parts of Australia, and nearby islands would have to stay up somewhat late.

But one would be hard pressed to find any UTC time other than ~14:00 for which more internet users around the world could be awake. Or so it would appear.

And see:

Will you keep auction start time at around Wed 14:00?

14:00 is late for many people in the East. 14:00 is early for many people in the US. Any change, even just one hour, will result in some people losing out. And keeping the end time standard and predictable is better than one that's constantly changing.

I have not witnessed the sniping bid period for any auctions since I re-started looking at them.

Consider yourself lucky. It used to be rampant; look at the old bidtimes pages.

Sniping... simply impossible to prevent it.

The past few months have proven otherwise, thankfully (IMG:[invalid] style_emoticons/default/biggrin.gif)

If you proxy bid your true value sometime before the end of the auction, you won't have any problems with snipers either (and there's no need to set an unusually high proxy bid just because you want to win; low proxy bids representing your true value of an item work just fine). Proxy bidding isn't perfect, but using them is probably the best least-complicated solution out there.

...

Or you can bid earlier instead of waiting the last day. Your case is what I call the sniper being sniped himself. Bid your maximum early on and then get no regrets.

#54 cacycacy bid on Sta02 for 11000k, but canceled the bid in #86
#51 cacycacy bid on Sta02 for 9000k, but canceled the bid in #86
#49 cacycacy bid on Sta02 for 7500k, but canceled the bid in #86
#39 cacycacy bid on Sta02 for 6500k, but canceled the bid in #86
#37 cacycacy bid on Sta02 for 5500k, but canceled the bid in #86

Revealed a proxy bid then cancel,is this valid?

Revealed a proxy bid then cancel,is this valid?

Oh, I didn't know it, sorry for that trouble , I'll pay that bid. (IMG:[invalid] style_emoticons/default/smile.gif)

Revealed a proxy bid then cancel,is this valid?

No, not at all.

Oh, I didn't know it, sorry for that trouble , I'll pay that bid. (IMG:[invalid] style_emoticons/default/smile.gif)

Thanks for understanding. It's not fair for the proxy bidders if others can bid to check the maximum and then cancel.

Mhhhh... can i have a more detailed explanation? With examples if possible?

I just want to be very, very well clear in how that works.

Proxy bidders, when submitting bids, need to submit bids at least as high as the minimum bid increment, but after their maximum is submitted, the system will always try to enable them to outbid others (regardless of increment) until the required bid is strictly higher than the submitted maximum. The idea is: if a proxy bidder shows intent to bid more, and shows intent to bid that much earlier, someone who bids less and later shouldn't be the winner as a result of the increment rules. Example:

• The current bid on the item is 500k
• 5:00: User A proxy submits a maximum of 1m. Winning bid goes to A at value (500k + minimum increment) = 550k
• 6:00: User B manually bids 999k

A bid more than B, and A showed such intent earlier, so even though 1k is almost nothing and below the minimum bid increment, the system will proxy bid on A's behalf for 1m.

The situation would be exactly the same had B proxy bid that 999k rather than bid manually - B still bid less and later, so A wins (barring further bids).

Only proxy bidders have this exception to the minimum bid increment because manual bidders only show their intent to bid a certain price at the moment they post in the thread, which is by definition after all other bidders before that point.

The main purpose of the minimum bid increment is to prevent users from intentionally bidding trivially low increases (which are just annoying and not at all useful). Since proxy bidders are limited to 3 max bid submissions per item, reaching one of those maximums is not trivial (and rarely deliberate on the part of the proxy bidder).

What is the difference of the two buttons?

What is the difference of the two buttons?

The first button saves your bid in the database and then tells the updater to Update, which updates the thread and populates the log pages. The second button only saves your bid - your bid will only appear once someone goes to Update manually (or once someone submits a proxy bid which updates immediately).

It's the difference between having to wait 5-10 seconds after every bid before being able to start looking at what else you might want to bid on, and being able to go back and start looking at the list immediately.

Proxy bidders, when submitting bids, need to submit bids at least as high as the minimum bid increment, but after their maximum is submitted, the system will always try to enable them to outbid others (regardless of increment) until the required bid is strictly higher than the submitted maximum. The idea is: if a proxy bidder shows intent to bid more, and shows intent to bid that much earlier, someone who bids less and later shouldn't be the winner as a result of the increment rules. Example:

• The current bid on the item is 500k
• 5:00: User A proxy submits a maximum of 1m. Winning bid goes to A at value (500k + minimum increment) = 550k
• 6:00: User B manually bids 999k

A bid more than B, and A showed such intent earlier, so even though 1k is almost nothing and below the minimum bid increment, the system will proxy bid on A's behalf for 1m.

The situation would be exactly the same had B proxy bid that 999k rather than bid manually - B still bid less and later, so A wins (barring further bids).

Only proxy bidders have this exception to the minimum bid increment because manual bidders only show their intent to bid a certain price at the moment they post in the thread, which is by definition after all other bidders before that point.

The main purpose of the minimum bid increment is to prevent users from intentionally bidding trivially low increases (which are just annoying and not at all useful). Since proxy bidders are limited to 3 max bid submissions per item, reaching one of those maximums is not trivial (and rarely deliberate on the part of the proxy bidder).

I have a similar question:
Wed 15:26 #38 Lastwizard05 1547k Mat02 250 High-Grade Wood
Wed 14:59 #31.5 [Proxy] NateDSjudge 1501k Mat02 250 High-Grade Wood
#31.5 [Proxy] Lastwizard05 1500k Mat02 250 High-Grade Wood
Wed 14:15 #20.5 [Proxy] Lastwizard05 1339k Mat02 250 High-Grade Wood

Not to against for the person who outbid me by 1k, but I just want to know why it is reasonable for a late comer to outbid me by just 1k. If someone know how this thing work, like they know how much these things worth and they can just proxy bid by a few k(+1k maybe?) more than someone else(sure less than minimum bid increments). Then, they are forcing the early bidder to outbid them by following +3% rule if they want to win.

Unless the late bidder are as crazy as sending a much higher proxy bid(definitely not in this case, see how I mannerly +3% outbid the item back.), I don't think this will be fair(if someone exactly just submit 1501k maximum proxy bid just try to outbid me). Especially for the auctioning materials, +1k just means nothing than +3% per mat when it comes to some high price/volume materials. I think people(and I will also) will just try to submit trivially low increased max. bid and outbid someone else.

This post has been edited by Lastwizard05: Feb 20 2018, 04:35

Not to against for the person who outbid me by 1k, but I just want to know why it is reasonable for a late comer to outbid me by just 1k.

as I've said many times, it's in bidders' best interests to bid uneven amounts, and to avoid the nice round numbers like "1m", no matter whether they're proxy bidding or competing against a proxy bidder.

If you proxy bid a very predictable amount, it will be very easy for others to outbid you by significantly less than the minimum bid increment.

It would be quite confusing if, for example: Person A proxy bids 1m on One01. One01's current listed high bid is 500k. Person B posts "one01 1020k", which is far above the current high bid, as well as being above A's maximum. Should I then tell person B that their bid is not valid? I don't think so, it would be quite confusing.

No one knows what your limit is before it's reached; please do take advantage of this by submitting unpredictable amounts. And even so, +50k/+3% isn't that much, you can always just bid again if you realize that your original maximum didn't actually represent your preferences.

I think people(and I will also) will just try to submit trivially low increased max. bid and outbid someone else.

That is why users are limited to 3 proxy bids maximum per item - they can't just blindly guess until they pass your limit.

If you proxy bid a very predictable amount, it will be very easy for others to outbid you by significantly less than the minimum bid increment.

It would be quite confusing if, for example: Person A proxy bids 1m on One01. One01's current listed high bid is 500k. Person B posts "one01 1020k", which is far above the current high bid, as well as being above A's maximum. Should I then tell person B that their bid is not valid? I don't think so, it would be quite confusing.

No one knows what your limit is before it's reached; please do take advantage of this by submitting unpredictable amounts. And even so, +50k/+3% isn't that much, you can always just bid again if you realize that your original maximum didn't actually represent your preferences.
That is why users are limited to 3 proxy bids maximum per item - they can't just blindly guess until they pass your limit.

alright thanks

Congratulations on your 100th auction!!


(IMG:[1wb45h79gp2irk8p-zippykid.netdna-ssl.com] http://1wb45h79gp2irk8p-zippykid.netdna-ssl.com/wp-content/uploads/2014/03/100.jpg)



This post has been edited by DJNoni: Feb 21 2018, 16:52

(IMG:[fthmb.tqn.com] https://fthmb.tqn.com/-pzsgEhSLMbLOU-uKozxDv825Vg=/960x0/filters:no_upscale()/GettyImages-101883384-569b3f065f9b58eba4a2cb8b.jpg)
Yay. (IMG:[invalid] style_emoticons/default/happy.gif)

Grats (IMG:[invalid] style_emoticons/default/smile.gif)

Congrats!!

Congrats on the 3 digits auction (IMG:[invalid] style_emoticons/default/laugh.gif)

Congrats for 100 (IMG:[invalid] style_emoticons/default/biggrin.gif)


This post has been edited by ALL_MIGHT: Feb 21 2018, 22:44

100th auction
v e r y n i c e
I wish I had money to participate

Congratulations and thank you for your efforts

Congrats for 100 (IMG:[invalid] style_emoticons/default/biggrin.gif)

LOL I came here to post this

Congrats. What an achievement

This post has been edited by -vincento-: Feb 22 2018, 00:17