anonrerising

So... After all that I've seen on the saltmine, I have to ask: is jumping into an auction with no bids on the last day really a big deal? I do it frequently after requesting LDPs because I actually hate bidding wars and will avoid dragons others bid one unless I can't live without it.

I've gotten some amazing bargains that way(mind, I'm not going after high value stuff like doubles, just pretty gems.)

I'm doubtless a horrible person, but if I really wanted a dragon, hell yes I would wait till the last possible minute to bid. I don't want to contribute to a bidding war taking it out of my price range, and I don't want to lose it to someone with deeper pockets. If the seller wants to ensure that only the most sincere bidder in the pumpkin patch gets it, they can institute a 24-hour snipe guard or whatever.

DA I usually keep an eye on the interested bidders, and if i see one too many names that are either interested or actively bidding that i know have very deep pockets (or pockets that are much much much deeper than mine lol) then i either give up entirely or wait until the last minute. 9/10 times though if it's rich people bidding i just give up bc i know i won't be able to compete. But i don't really....i don't really feel like waiting until the last minute is scummy, if there aren't any other bids yet. If someone else has bid though it's not necessarily scummy but i do kind of side eye people that do that, just because you had literally all week or however long the auction is to bid, why would you wait until the last possible minute?

What.

That's the one of the points of LDPs, to notify interested players if they want to join on the last day, the "LD" of the LDP??? Who's the baby complaining about that, tell me, don't want to accidentally join their auction.

ayrt there's a difference between the last day and the last minute which is what said, that i kinda side eye people who don't bid until the last minute on the last day of auction, but only if there's already been other people bidding on it. idrc if there's been no bids and someone bids at the last minute, good for them! and honestly i don't really care all that much if other people have bid and they swoop in last minute either, but it does irk me a tiny bit.

AYRT - Personally I'd treat both last day and last minute bids and out-bids the same because that's what 'snipe guards' are for because if you run an auction until a certain time, well, why shouldn't the players be able to bid until that time? As an example, one of my dragons came from an auction where I outbid two other players I think an hour before the week-long auction's end time because I simply didn't see the auction earlier (and they were playing around with minimum 10g increases, ffs). Hell, I was also on the other side too where someone outbid me when I was sleeping - sure it sucks but the rules were clear: you can bid until a certain time, so why be annoyed when players do exactly as is written? (not pointed at you exactly, but more in general)

+1

this 100%. auctions are kind of a type of game and sniping is a valid strategy. you don't see people on eBay whine about things being unfair lol. it's so weird to me that people complain about things that are a non-issue in other auction settings.

Well, you do actually hear people whining about eBay. Especially when they've been sniped by a bot.

Yeah, no, the auction runner definitely overreacted. I do think the current model for auctions on FR kind of sucks though because of things like this. Almost no one bids until the last day, snipe guards that are an hour or two are basically meaningless for people who don't refresh FR all day, people still think auctions are some magical way to drum up interest in their half-decent XYZ G1s. (Okay, that last one isn't a structural issue, just another pet peeve of mine.)

I wish offer threads were more popular. Or that bidders would bid in higher increments or place bids earlier on in auctions if they really want to secure what they're bidding on.

I admit, I despise offer threads. Because I never know what to offer and I worry I'll get blocked for an offer I think was fair

Personally, I don't think it's bad to bid at last day/minute, it's mainly what the LDP and snipe-guard are for, but what I think SHOULD be Auction Etiquette is the seller setting the SB for a price they'd be happy to let that dragon go for, I don't care if it feels too expensive like that, it's better to not have anyone buy it than feeling like people are lowballing you.

An IRL auction site I'm on recently implemented the "X minutes are added to the final time when a late bid is made", so an auction runner could apply that personal rule too, to make sure that the item actually goes to the person who is willing to pay the most (which is the point of auctions). If the auction runner hasn't implemented that kind of rule, it's on them imo

That's what snipe guards typically are. Most on site auctions have them. But the auction that started this had a single late bidder at SB. It's just apparently they didn't set the starting bid high enough in hopes of a bidding war.

I just recently saw some screenshots about this (I had been ignoring it before thinking it had been blown out of proportion) but... I definitely now agree with everyone being mystified.

the seller is complaining that they 'lost' money on that dragon, and is, from what I have seen, basically melting down over not getting at least what 'every other XX white gen1 has gone for' and I am like, well, don't set the starting bid that low then.

I always make it a point to at the very least mention a low price I would consider. If I say 'make me an offer' I usually mean, make me an offer, 1 treasure will get it. I hope that I get reasonable offers, but if I don't get them, and I don't mention that there is a lower limit (or mention that I want 'reasonable' offers) then I absolutely will sell for 1 treasure if that is what someone offers, because it is on ME for not mentioning I had a minimum price in mind.

Bottom line: and sorry for yelling: DO NOT SET THE STARTING BID BELOW WHAT YOU ARE COMFORTABLE SELLING AT.

Yea. The auction runner spent too much time in their echo chamber and decided everyone that disagrees is out to get them is how it reads now.

Cry more asshole.

AYRT

Yeah, I was quite willing to give them the benefit of a doubt (that they regretted setting the SB so low, and made a complaint, and it got blown out of proportion), because I honestly do get 'seller's remorse', where I felt like I could have gotten more than I did.

But, ultimately that is on me. It is on the seller to make sure they set prices they are comfortable with selling at.

The posts I saw, even if they had 'jokes' cut out, still went way beyond being upset, especially the part about the 'lost' profit. Because no, apparently no one was interested in said dragon, except one person, so there was no 'profit' lost, because no one apparently wanted to buy it (at least at that particular time) for higher than the SB.

It is like, to me, the people who complain about 'lost profits' with items that they 'invested' in and something happens to make that item devalue. No you didn't lose profits, you lost potential profit.

AYRT

I had an auction sell disappointingly low once. I learned I'm no good at running auctions, and I was dumb to set it so low. But I didn't do this over it.

Mind, cheaper dragon, but yea.

Also, with their bank amount shown... No pity at all.

I've wondered this too, it seems like honestly all but the last day of an auction is just an advertising period.

I don't do a ton of auctions, I'm poor and not into G1s, but what is stopping people from just waiting to bid rather than getting in a bidding war?

Say, if I see someone bid against me twice on day one of a week long auction, why would I not sit on it for a week? There seems to be nothing preventing that. Snipe guards only prevent sniping, not waiting for day zero, and almost everyone asks for an LDP.

IDK, it's a weird system! It has to cater to a much smaller crowd than a regular auction site, but it's also online so you can't operate the same way an IRL auction might, which is often fast and means to build tension (at least for lower priced goods, animals or large volumes of cars, not top end fine art etc).

So yeah, while it's normal to set a starting bid under your reserve price in those kinds of auctions, it clearly doesn't work so well in FR. But I can't see how someone bidding the price on offer is cheating if the seller put it too low.

IDK, I've worked real world auctions but I'm totally disengaged from FR ones so this is fascinating to me, sorry for the TL;DR.

NAYRT
I do not do auctions as I tend to want the items now, rather than waiting, and I also hate bidding (not so much the bidding, but having to sit there and make sure to out bid the person who bid over you etc...)

I think online auctions tend to be different slightly than offline, because most auctions I think about in real life are usually an hour (at least it seems that way, again, not an auction person), so of course people are going to bid and bid fast.

Online auctions that last a week? or more? You can bet I am not going to encourage someone else to get into a bidding war with me by bidding early. It doesn't really make sense, except from the 'hope no one else bids, want to bid now so I don't forget to bid' way.

Because, I do agree with you, it makes more sense to wait. The only thing I can think of is the whole 'I might forget to bid later, so want to get my bid in now' thing. Or maybe hoping that the seller will end early?

All in all, it still sounds like the seller was hoping for a bidding war on 'the perfect halloween baby' and extremely disappointed that only one person was interested.

In fact, thinking about it, I have always been somewhat against FR creating a 'auction mechanic' as they seem to work just as well through the forums, but this is making me change my mind, especially seeing the person 'joking' that they wanted to cancel the auction and/or not send the dragon over to the player, because they didn't get what they wanted, and that they were disappointed when they pointed out the 'true value' of the dragon and the player didn't 'tip' them an extra 5K *gems*.

This is basically what happens. I might offer starting bid on the auction if it wasn't taken, but usually I wait to bid. Because the last day gives you a good idea how much funds you might need.

Hell, I have won fully gened gen ones with marketplace genes for 30 gems by keeping bids quiet like that.

BINGO

Auction etiquette

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