ebay

[Fluks, H.W.]

Rebecca:

> What Don was trying to explain is how ebay is so much more 
> convienent than a regular auction.

I think I got it now. Well, almost.

> You can bid the amount of $50, and it will not 
> necessarily mean that
> that is the price you will have to pay. If the previous high 
> bidder had only
> bid $8.00, the new bid price will only go to $8.50 and not 
> all the way up to
> $50. If the previous bidder checks back and puts in a new bid of say,
> $25.00, then the new bid price will become $25.50 with you 
> remaining the high bidder.

Why would the $8-bidder bid $25 if there's already a much higher bid? And
why wouldn't the OWNER of the stuff bid $49.50, just to get as much as
possible for it?
Are the bids kept secret? If that's so, how does the auction work at all?
(This *is* getting a bit off-topic, probably...)

--Harry.
(Who never even visited an eBay-website.)