Quote from: MoparMiningLLC on Today at 06:34:12 PM

Quote from: krogothmanhattan on Today at 06:20:58 PM

Quote from: MoparMiningLLC on Today at 06:04:50 PM

Quote from: krogothmanhattan on Today at 05:55:05 PM

Quote from: MoparMiningLLC on Today at 03:35:29 PM

they also need to find a way to keep sellers from backing out of auctions when the end price is not to the satisfaction of the seller or from selling something that is not yet completed. An auction is an auction and the seller should understand that and be ready to ship at the conclusion of the auction - no exceptions.

I have had a seller back out for not liking the end price in the past and I have had a seller that was unable to ship the item due to it not even being completed 3 months after I paid.

Really? That is allowed? Why not place a reserve next time ...wouldnt that be the right way to do things? I would be extremely pissed off if any of that was pulled on me.

scarce.city does "no reserve" auctions and are for 48 hours only. unless its at the btc conference and they extend it :/

Its probably something they SHOULD do. If people are able to pull this off, what the point of me trying to buy anything when I know deep down inside the deal can be cancelled? How about the seller placing a deposit that would not be returned if the deal falls thru.

those should be options - they are afraid if they allow for a reserve that some auctions may end without a bid - item not selling - then they did the work of listing etc and get zero.

however, i would say allow a reserve to be set but allow bids below the reserve - let the seller see what people are actually willing to pay.

for example an item sells for 1 btc - so a seller rushes to sell theirs hoping for the same amount, they set a reserve of 1btc but then see that with all the bids the highest is only say .65 btc - that then is more reflective of the value.

Exactly my thoughts...and I do believe Ebay had that hidden reserve setting years ago when I sodl items. I can only see it protecting both the seller and the buyer from getting dissapointed as in this case.