Flip UK Auction boomerang

super-whois · Mar 13, 2023

You've probably already noticed it, but boomerang_co_uk is listed on flip, ending at 3pm today:
https://www.flip.uk/listing/boomerangcouk/56675

Moz DA: 35 Moz PA: 31 TF: 23 CF: 14 Backlinks: 138 Ref Domains: 66

webber · Mar 13, 2023

Someone is playing with our patience...

ukbackorder · Mar 13, 2023

Heh this is why extending auctions is never a good thing. This could go on for hours. I would have thought at least if auctions are being extended they would only be extended with a new higher bid.

super-whois · Mar 13, 2023

The bids keep coming back like a boomerang!

super-whois · Mar 13, 2023

sigh said:
This could go on for hours. I would have thought at least if auctions are being extended they would only be extended with a new higher bid.

I think it's reasonable to extend on higher bids (as currently happening), but 5 minutes is too long. There should probably be a penalty for late bids (maybe higher bid increments closer to the end time).

ukbackorder · Mar 13, 2023

But the high bidder has had the high bid since 14:58. Each new bid isn't changing the high bidder. It would make sense to extend if that happens but as it stands this bidder could have a high bid that's several hours away from now and might still not win. I am not involved btw just an observation. Surely it would make more sense, if the auction site wants to extend, to extend only a few seconds to give the new bidder a chance to bid again until they hit their maximum bid or win. That means the auction would most likely end the same way it's going to anyway - just a lot quicker.

super-whois · Mar 13, 2023

Well spotted, I hadn't noticed the auto bids! Although I think you mean the highest bid since 15:03:50.

ukbackorder · Mar 13, 2023

Judging by the bids they put their bid in at 14:58:16 and every bid since then they have automatically outbid. However if bidder 7 has a maximum, say of 5k, then they could extend the auction for a long time - whereas if they placed a bid, were told they were automatically outbid, had eg 30 seconds to increase that bid, they could keep doing that until they hit their 5k and lost or got the winning bid which would *then* extend the auction 5 minutes.

super-whois · Mar 13, 2023

Or they could just put a maximum bid of £5k, and let the system process the result to determine the highest bidder.

ukbackorder · Mar 13, 2023

Well that would be ideal but in my experience some people like to leave it to the very last minute and not use maximums

I don't actually even see the point of the way this bidding is going - all the other bidder is doing is increasing the chance that someone else will join and bid past them. Maybe when this auction is done they could explain their reasoning. It would be interesting to see the logic.