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  1. I've bid on several thousand items on this platform over a long period of time and I also sell on the site and catalog my own items on Auctionflex, which is Hibid's platform. What happened to you is shill bidding - no question. I've caught another auctioneer shill bidding and found that Hibid doesn't care.

  2. May 22, 2024 · So shilling and winning your own auction can cost you 10% of the auction price. Basically, shill bidding is a high risk, low reward situation. There are enough bidders on gunbroker willing to pay crazy prices that stuff gets run up high enough as it is.

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  4. May 9, 2024 · One common tactic is shill bidding, where fake bids are placed to artificially inflate the price of a domain. Identifying such fraudulent activities starts with a thorough vetting of the auction platform itself.

  5. What's with the bid bumpers/shill bidders? Complaints. Been looking at a few vehicles. There are a few users I've noticed that bid immediately on vehicles and are clearly just there to bump the price. A good example is this one who has been on the last two auctions I looked at. The user has bid on 256 cars and only won 1 of those.

  6. 6 days ago · Consider your audience, the nature of the items available, and the overall event vibe. Silent auctions often work well with a diverse and large item catalog, while live auctions can generate excitement and higher bids for high-value items. Sometimes, both auction types work well together and raise the most funds.

  7. May 11, 2024 · The seller is the Auction House KATZ for all 6 auctions. Above the description of the banknote is the auction number. And just before the description is the lot number. As for dates, you'd have to Google it. Listing 1 Auction 59 Lot 2688 April 23 - 24 2022. Listing 2 Auction 71 Lot 3896 Nov 30 - Dec 3 2022.

  8. en.wikipedia.org › wiki › AuctionAuction - Wikipedia

    3 days ago · An auction is usually a process of buying and selling goods or services by offering them up for bids, taking bids, and then selling the item to the highest bidder or buying the item from the lowest bidder. Some exceptions to this definition exist and are described in the section about different types. The branch of economic theory dealing with ...

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