Post
Topic
Board Collectibles
Re: Heads up cool bitcoin stuff auction at Scarce.City
by
Prestonx89
on 12/01/2024, 19:15:18 UTC
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.

I think even if you have the option to go with a reserve price sellers will often opt not to use it as they attract more people when there's no reserve. Users will bid just on the off chance and once they're sucked in the race they might go the extra mile to try and win the item that they might've not even been interested in had it been a reserve listing. Is that right? of course not but that's human psychology. That being said reserve price should be there to choose from, in my opinion.