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Do people fake bids to bump percieved value of a product?

Discussion in 'Ebay' started by bpmik, Feb 25, 2013.

  1. bpmik

    bpmik Newbie

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    ie: looking at a certain phone

    Tons of sales, say 180 mark, brand new ones selling for say 280. then you see the odd used one, seller has low rep, or even decent rep (1000+) but often 30 or so.

    Some bidder with like 8-30 rep comes and "buys" it at a price way higher then anything else. It makes my life hell trying to get an "average" value for a price when buying offline, like on kijiji/craigslist to try and turn a profit.

    Is this really happening or do I just imagine things? I think it is.
     
  2. ran60616

    ran60616 Regular Member

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    Yes, it happens a lot. It's called shill bidding I believe. Some sellers hire others to bid got them, and it's been a huge issue for eBay among other scams that goes down.
     
  3. unclemike

    unclemike BANNED BANNED

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    Yes it happens all the time and the name for this is called Shill bidding.
    eBay has tried to stop this method but lets face it that its almost impossible to control.

    Cheers,
    Unclemike
     
  4. haki_master

    haki_master Regular Member

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    Yeah exactly , shill biddng , ie increasing the bids and price of your listing.Either they hire others to bid on their listing or they do it themselves if they have stealth accounts and know how to handle them.
     
  5. LakeForest

    LakeForest Supreme Member

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    Entire businesses are built off this concept, especially on ebay.

    On one hand it's dishonest, on another its just blackhat if someone ends up bidding higher in the end anyways.
     
  6. bpmik

    bpmik Newbie

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    thanks guys for the info, what I was doing was just ignoring the high prices
     
  7. No.RuleZ

    No.RuleZ Elite Member

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    oh yeah i usually saw new accounts bidding high