Newbie - Bidding System

[Solo77]

Dear Newbies,

Welcome to reefkeeping hobby. For a start, it is definitely an exciting journey to kick start from the forum where it is a good place to gain and share knowledge. Apart from this, it is also a good place where one can acquire things such as livestock and equipment. In the buy/sell forum, it is a free market where seller and buyer come to an agreement to transact. There are usually 2 modes to such activities, one is where seller states the selling price and up to buyer to negotiate and the other is bidding system where seller usually state a minimum asking price, every increment bid sum, closing date and time and maybe a price where no bidding is required further if buyer willing to buy at the preferred selling price by the seller.

As a newbies, i caution you to read and know your stuff before fallen as a prey.

Like all other forum, bidding system at times isn't fair like open market and can be manipulated by group of friends. Take for example, an item put up for sales at low price to attract bidding. As the bidding gets hot, one may be overwhelmed by ego factor and that is the time where one may be fallen as prey. Friends will help push the price up and if you are not aware, you will end up paying more than what the market is asking. If the price is not meet, friend can just bid high and be awarded and the item will still be at the seller side. However, not all biddings are unfair.

Lastly, if one got the money to spend, why bothers. : ) Life is short and reef hard.

I may be perceived as KPO. Please ignore this advice if you think this is undue worry, foolish and maybe childish. Lol.

Enjoys.

[tian1974]

Dear Newbies,

Welcome to reefkeeping hobby. For a start, it is definitely an exciting journey to kick start from the forum where it is a good place to gain and share knowledge. Apart from this, it is also a good place where one can acquire things such as livestock and equipment. In the buy/sell forum, it is a free market where seller and buyer come to an agreement to transact. There are usually 2 modes to such activities, one is where seller states the selling price and up to buyer to negotiate and the other is bidding system where seller usually state a minimum asking price, every increment bid sum, closing date and time and maybe a price where no bidding is required further if buyer willing to buy at the preferred selling price by the seller.

As a newbies, i caution you to read and know your stuff before fallen as a prey.

Like all other forum, bidding system at times isn't fair like open market and can be manipulated by group of friends. Take for example, an item put up for sales at low price to attract bidding. As the bidding gets hot, one may be overwhelmed by ego factor and that is the time where one may be fallen as prey. Friends will help push the price up and if you are not aware, you will end up paying more than what the market is asking. If the price is not meet, friend can just bid high and be awarded and the item will still be at the seller side. However, not all biddings are unfair.

Lastly, if one got the money to spend, why bothers. : ) Life is short and reef hard.

I may be perceived as KPO. Please ignore this advice if you think this is undue worry, foolish and maybe childish. Lol.

Enjoys.

Thanks Solo

[Harlequinmania]

Dear Newbies,

Welcome to reefkeeping hobby. For a start, it is definitely an exciting journey to kick start from the forum where it is a good place to gain and share knowledge. Apart from this, it is also a good place where one can acquire things such as livestock and equipment. In the buy/sell forum, it is a free market where seller and buyer come to an agreement to transact. There are usually 2 modes to such activities, one is where seller states the selling price and up to buyer to negotiate and the other is bidding system where seller usually state a minimum asking price, every increment bid sum, closing date and time and maybe a price where no bidding is required further if buyer willing to buy at the preferred selling price by the seller.

As a newbies, i caution you to read and know your stuff before fallen as a prey.

Like all other forum, bidding system at times isn't fair like open market and can be manipulated by group of friends. Take for example, an item put up for sales at low price to attract bidding. As the bidding gets hot, one may be overwhelmed by ego factor and that is the time where one may be fallen as prey. Friends will help push the price up and if you are not aware, you will end up paying more than what the market is asking. If the price is not meet, friend can just bid high and be awarded and the item will still be at the seller side. However, not all biddings are unfair.

Lastly, if one got the money to spend, why bothers. : ) Life is short and reef hard.

I may be perceived as KPO. Please ignore this advice if you think this is undue worry, foolish and maybe childish. Lol.

Enjoys.

A good pointer, and i guess this is not happening in all other forum but in the e-bay as well . If you observed in the e-bay where they started their prices really low and when you bid , someone will outbid you to try to make you bid higher ect.. Maybe i will includes these into the "Read this before you post" under the pasa malam section as well

Yes, newbie should do be more curious about bidding as the value of the products may not be a good deal and it is adviceable to also do some research before bidding.

However, since this is a "Willing buyer" and "Willing seller" world, some may still find it a worthwhile if that pcs of livestocks or corals is beautiful, rare , well kept ect...

Happy Reefing...