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Old 08-29-2016, 08:55 PM   #16
ApK
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Join Date: Feb 2010
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Quote:
Originally Posted by Canuck_in_Japan View Post
Your definition of evil is way out of whack. If I'm selling something on Ebay I don't want to risk the chance that someone gets something that's worth $100 for only $10. So maybe I would set a $60 reserve. If it doesn't sell then I'll know that my reserve price was too high and I can either relist it with a lower reserve, decide not to sell or look at other venues. (This is all hypothetical as I don't sell on eBay).
Don't want to risk it going for $10? Then don't list it starting at $10. List it starting for $60 in the first place.
The lie of starting $10 with a $60 reserve just alienates a portion of potential bidders.
What good does it do?
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