Some of you already know I'm working on something new although there are only few people that know what it is exactly. I can't tell you just yet what it is, but I just wanted you to know it will probably go life on monday!
I've been programming my butt off for the past few weeks and I hope you will like it.
It's not an addition to PFF, but it is something for the Fiero community. I'm currently testing it as thorough as possible, and things are looking good. I just hope it'll hold up as well once it's actually being used by people.
Ok, I might have made it sound like this is something unique, never-before-seen stuff, while it really isn't. It's just something I thought the Fiero community could use.
Anyway, keep a close eye on this thread. Once it goes life, I'll post it here.
Oh, I can tell you what it's called: PFA.
[This message has been edited by Cliff Pennock (edited 01-13-2002).]
Hey, it's 3:40 Monday morning in The Netherlands. Cliff might be asleep. (but i doubt it!) So what, it's MONDAY! Tell us, show us, we just want to know!
[This message has been edited by Pilrulz (edited 01-13-2002).]
Ok, it's monday here. Like I said, it's nothing really spectacular, just something I hope you can all use. An honorary mention goes to Fierochic88 since she's the only one who guessed it right.
PFA is indeed Pennock's Fiero Auctions!
I was seeing how much was traded in The Mall section and also saw how much eBay was used. And I thought it would be cool if there was something similar to eBay, but just for Fiero stuff! That's when I sat down and started programming.
I kept it as simple as possible to use, although it has all the nice features like a rating/feedback system, Auto Bidding (which works differently and fairer than eBay's proxy bidding, so make sure you read the help section on that!), auction history, etc.
I've been testing it for the past few days with the help of a couple of members (84Bill, Monkeyman, Theogre, thanks guys) and most of the bugs have been ironed out but I'm sure more bugs will surface once it's being used by a lot of people. So especially the first few weeks, please be aware that some things might not go as intended, and please email me any bugs you find.
"only" an auction site? that's so cool. I can't wait to start using it!
one question about the help section (and keep in mind that I just woke up )
Q: I had set my maximum bid to $200, but the auction was won by someone who also bid $200! How come he won and I didn't?
That all has to do with how Auto Bid works. Auto Bid will bid incrementally until a price is reached that can't be outbid by the previous bidder.
For example: You are currently the highest bidder with a bid of $50 and your maximum bid was $200. Bid increment was set by the seller at $50 which makes the new minimum bid $100 (your bid plus the bid increment). A new bidder comes along and also enters a maximum bid of $200 (or higher). Auto Bid will now bid $100 + $50 + $50 = $200 to reach the lowest amount that can't be outbid by your maximum bid, so the new bidder will become the highest bidder.
Opening bid is set a $50.00 You bid 200.00 and auto bidder will bid up to that amount for you "200.00"
Shemp comes along and bids 100.00 because the bid increment is 50.00 so 50 +50 is 100.00. follow me?
Since you have told auto bidder you will bid up to 200 it automaticly out bids Shemp by bidding 150.00 and the next wining bid amount is 200.00
Shemp then places a bid of 200.00 and beats (your) auto bid of 150.00. and becomes the highest bidder. Since you only bid up to 200.00 and Shemp already bid 200.00 you do not win the bidding.
Seller: $50 opening price. Bidder 1: Bids $200 max Price is $50 Bidder 2: Bids $200 max So the auction would go: Bidder 2 bids $100 ($50 increment) Bidder 1 would then be $150 Bidder 2 would then advance to $200 Since bidder 2 bid $200 first and bidder 1 can't increment higher, bidder 2 is the winner.
------------------ Happiness isn't around the corner... Happiness IS the corner.
[This message has been edited by Oreif (edited 01-14-2002).]
Originally posted by Oreif: OK, I finally figured it out.
Seller: $50 opening price. Bidder 1: Bids $200 max Price is $50 Bidder 2: Bids $200 max So the auction would go: Bidder 2 bids $100 ($50 increment) Bidder 1 would then be $150 Bidder 2 would then advance to $200 Since bidder 2 bid $200 first and bidder 1 can't increment higher, bidder 2 is the winner.
That's basically it. Let me explain a little bit further and also try to explain why I chose for this mechanism.
Bidding is at $50 (not the opening bid). Bid Increment is $10. Buyer A sets maximum bid to $100: Autobid bids $60 on behalf of Buyer A ($50+$10)
Buyer B comes along and also sets maximum bid at $100: 1) Auto Bid bids $70 on behalf of Buyer B, which is not enough because Buyer A's maximum bid can still outbid that. 2) Auto Bid bids $80 on behalf of Buyer B, which is not enough because Buyer A's maximum bid can still outbid that. 3) Auto Bid bids $90 on behalf of Buyer B, which is not enough because Buyer A's maximum bid can still outbid that. 4) Auto Bid bids $100 on behalf of Buyer B. Auto Bid will now stop bidding because Buyer A's maximum bid can't outbid this.
Buyer B is now the highest bidder.
There are several reasons I chose for this mechanism (and not for the way eBay works, where Buyer A would still be the highest bidder):
First of all, Buyer A is at a tremendous advantage, because if nobody bids on the item, he will be the winner for a price much lower than what he was willing to pay for it. If any new bidder comes along and bids below his maximum bid (taking the bid increment in consideration), he will still be the winner. Now the price for this advantage is that he will not have the highest bid if someone comes along and makes the same maximum bid. Which, IMO, is only fair.
Consider this conversation (as I explained it in email to someone):
Buyer A: "Hey! Nice stuff! I'll give you $20 for it!" Buyer B: "Well, I'll give him $30 for it." Buyer A: "Oh wait, I'll give him $30 also."
Now who should get it for $30?
Now the alternative would be something like this:
Buyer A: "Hey, I'll give you $30 for it, unless nobody else wants it, then I'll only give you $20" Buyer B: "I'll give him $30 for it" Buyer A: "I was first with $30, so I should get it!"
That just isn't fair. Auto Bid enables you to get an item for far less than you are actually willing to pay for it. But the risk is that somebody else actually buys it at that price.
[This message has been edited by Cliff Pennock (edited 01-14-2002).]
Hmmm.. I'm not too hot on that part. But I don't know how else you could do it. Unless there was no maximum bid. Hey, if they wanna go higher, they should be able to. Don't know how often this will go into effect, but it just seems a little 'wrinkled'.
------------------ Mark Matthews '87 GT Fastback T-top
so once you set your max bid you can't increase it, right? like, if i put in a max bid of $100 and I later decided that I would be willing to pay more for it, could I change the max bid to go higher?
Well, you would only want to set your maxbid higher if you're outbid. In such a case, you simply make a new maxbid since you're no longer the latest bidder.
But, maybe I can change that so you can raise your maxbid if you wanted. Let me think about that for a bit (no pun intended).
)
