Second Life Forums Archive - Is the data wrong in the closed auctions?

Loydin Tripp

It may be virtual but...

Join date: 28 Apr 2006

Posts: 150

09-07-2006 15:14

Is there something I do not understand or is this data wrong? All 3 new sims auctions i reviewed had similar issues.

Ok I think I get that the bidding clock starts when the first bid is laid down, in this case...
Aug-31-06 10:43:17 PDT and then is supposed to close exactly 2 days later. Whoever stands tall at the end gets the land.

What I do not understand is how the winning bid went to someone who did not bid last. I see she had the high bid but if you look at the time stamp, its earlier than his bid. Is the ranking done per highest bid? If so why would the system take a bid thta is lower than the last highest bid? He made his bid at least 3 hours later did he not see it for some reason? I am preparing to bid for sims and this is confusing. Can you please answer soon?

Thanks

Winning Bid: US$ 1052.00
Ended 2006-09-02 10:43:17
History: 7 bids
High Bidder: Anshe Chung

Bid History

Resident Bid Amount Bid Date
Anshe Chung US$1052.00 Sep-02-06 02:55:59 PDT
Rocky Rutabaga US$1051.00 Sep-02-06 06:00:06 PDT
Anshe Chung US$1006.00 Sep-02-06 02:55:59 PDT
Sarah Nerd US$1005.00 Sep-02-06 03:45:44 PDT
Anshe Chung US$1002.00 Sep-02-06 02:55:59 PDT
Sarah Nerd US$1001.00 Sep-01-06 23:47:36 PDT
Rocky Rutabaga US$1000.00 Aug-31-06 10:43:17 PDT

_____________________

Loydin Tripp -in Lingua Franca

"No man is an island",
but I bought one anyway...

Jeska Linden

Administrator

Join date: 26 Jul 2004

Posts: 2,388

09-09-2006 10:55

When you bid on the Second Life auctions, you are placing a bid for the maximum bid you wish to make - the system then bids you up to that based upon other bids.

(from the Auction FAQ)

So, when you enter a bid significantly higher than the current high bid, then the system will automatically bid for you up to the point of your maximum bid. This makes it less necessary to be online at the time the auction ends. The amount of the bid will be the minimum needed to outbid competing bidders.

For example, if the current high bid is US$50, and you bid US$100, then a bid of $51will be automatically placed for you. If someone else bids US$75, then a bid of $US76 will be placed for you - and so on. If someone bids $101, then an email will be generated to you that you have been outbid.

_____________________

"The opportunity to participate in the creation of a new world is really a rare one, and so I hope you cherish it."
- Mitch Kapor on Second Life at the 2006 SLCC

nimrod Yaffle

Cavemen are people too...

Join date: 15 Nov 2004

Posts: 3,146

Re: Is the data wrong in the closed auctions forums?

09-09-2006 11:06

/139/89/135583/1.html

Loydin was asking about the closing time of the auction.
Ended 2006-09-02 10:43:17

Winner: Anshe Chung US$1052.00 Sep-02-06 02:55:59 PDT

_____________________

"People can cry much easier than they can change."
-James Baldwin

nimrod Yaffle

Cavemen are people too...

Join date: 15 Nov 2004

Posts: 3,146

This is not a bump... ok, well it is..

10-11-2006 14:21

Ref: /invalid_link.html
How did someone bid after the time the auction closed?

_____________________

"People can cry much easier than they can change."
-James Baldwin

Jeska Linden

Administrator

Join date: 26 Jul 2004

Posts: 2,388

10-11-2006 18:17

Merged these all together and passed it onto the Land team for more info.

_____________________

"The opportunity to participate in the creation of a new world is really a rare one, and so I hope you cherish it."
- Mitch Kapor on Second Life at the 2006 SLCC

Jack Linden

Administrator

Join date: 15 Dec 2004

Posts: 158

10-12-2006 02:11

Hi there,

I think Jeska nailed this but I'll try to clarify. There are two questions here..

Nimrod asks how the winner bid after the auction closed. Unless I'm missing something they didn't.. this auction closed at 2006-09-02 10:43:17 (so 10.43am on the 2nd September). The winning bid was placed at Sep-02-06 02:55:59 PDT (so 2:55am on the 2nd September) - nearly 8 hours earlier. Perhaps the way dates are shown is confusing things?

Second issue is about how the winning bid can have been placed *before* the second place bid. This is because the auction auto-bids for you up to the maximum amount you enter. Ebay does the same, sometimes called 'proxy bidding', it means that you do not have to be there as the auction ends to outbid rivals - the system does this for you up to your maximum stated bid.

For example.. if the bidding sits at 50, and I bid 100 I will become top bidder at 51 but the system knows that I am prepared to go up to 100 as my top bid. So you see the bidding at 51 and you bid 75, the system auto bids for both of us until I am again top bidder on 76. Until you bid more than my top bid of 100 - I will remain top bidder despite placing my bid before all of yours.

When you place a bid, it shows the minimum bid you must enter based upon the current highest bid plus the bid increment (which is USD$1 for USD auctions and L$10 for L$ auctions), but that doesn't mean that is the maximum bid entered by the current highest bidder, in fact it usually won't be. It is simply the *least* you can enter to compete.

The date shown against bids is when they were first placed, not when the autobidding happened.

Hope that all makes sense *laughs*

Jack

Is the data wrong in the closed auctions?
Loydin Tripp It may be virtual but... Join date: 28 Apr 2006 Posts: 150	09-07-2006 15:14 Is there something I do not understand or is this data wrong? All 3 new sims auctions i reviewed had similar issues. Ok I think I get that the bidding clock starts when the first bid is laid down, in this case... Aug-31-06 10:43:17 PDT and then is supposed to close exactly 2 days later. Whoever stands tall at the end gets the land. What I do not understand is how the winning bid went to someone who did not bid last. I see she had the high bid but if you look at the time stamp, its earlier than his bid. Is the ranking done per highest bid? If so why would the system take a bid thta is lower than the last highest bid? He made his bid at least 3 hours later did he not see it for some reason? I am preparing to bid for sims and this is confusing. Can you please answer soon? Thanks Winning Bid: US$ 1052.00 Ended 2006-09-02 10:43:17 History: 7 bids High Bidder: Anshe Chung Bid History Resident Bid Amount Bid Date Anshe Chung US$1052.00 Sep-02-06 02:55:59 PDT Rocky Rutabaga US$1051.00 Sep-02-06 06:00:06 PDT Anshe Chung US$1006.00 Sep-02-06 02:55:59 PDT Sarah Nerd US$1005.00 Sep-02-06 03:45:44 PDT Anshe Chung US$1002.00 Sep-02-06 02:55:59 PDT Sarah Nerd US$1001.00 Sep-01-06 23:47:36 PDT Rocky Rutabaga US$1000.00 Aug-31-06 10:43:17 PDT _____________________ Loydin Tripp -in Lingua Franca "No man is an island", but I bought one anyway...
Jeska Linden Administrator Join date: 26 Jul 2004 Posts: 2,388	09-09-2006 10:55 When you bid on the Second Life auctions, you are placing a bid for the maximum bid you wish to make - the system then bids you up to that based upon other bids. (from the Auction FAQ) So, when you enter a bid significantly higher than the current high bid, then the system will automatically bid for you up to the point of your maximum bid. This makes it less necessary to be online at the time the auction ends. The amount of the bid will be the minimum needed to outbid competing bidders. For example, if the current high bid is US$50, and you bid US$100, then a bid of $51will be automatically placed for you. If someone else bids US$75, then a bid of $US76 will be placed for you - and so on. If someone bids $101, then an email will be generated to you that you have been outbid. _____________________ "The opportunity to participate in the creation of a new world is really a rare one, and so I hope you cherish it." - Mitch Kapor on Second Life at the 2006 SLCC
nimrod Yaffle Cavemen are people too... Join date: 15 Nov 2004 Posts: 3,146	Re: Is the data wrong in the closed auctions forums? 09-09-2006 11:06 /139/89/135583/1.html Loydin was asking about the closing time of the auction. Ended 2006-09-02 10:43:17 Winner: Anshe Chung US$1052.00 Sep-02-06 02:55:59 PDT _____________________ "People can cry much easier than they can change." -James Baldwin
nimrod Yaffle Cavemen are people too... Join date: 15 Nov 2004 Posts: 3,146	This is not a bump... ok, well it is.. 10-11-2006 14:21 Ref: /invalid_link.html How did someone bid after the time the auction closed? _____________________ "People can cry much easier than they can change." -James Baldwin
Jeska Linden Administrator Join date: 26 Jul 2004 Posts: 2,388	10-11-2006 18:17 Merged these all together and passed it onto the Land team for more info. _____________________ "The opportunity to participate in the creation of a new world is really a rare one, and so I hope you cherish it." - Mitch Kapor on Second Life at the 2006 SLCC
Jack Linden Administrator Join date: 15 Dec 2004 Posts: 158	10-12-2006 02:11 Hi there, I think Jeska nailed this but I'll try to clarify. There are two questions here.. Nimrod asks how the winner bid after the auction closed. Unless I'm missing something they didn't.. this auction closed at 2006-09-02 10:43:17 (so 10.43am on the 2nd September). The winning bid was placed at Sep-02-06 02:55:59 PDT (so 2:55am on the 2nd September) - nearly 8 hours earlier. Perhaps the way dates are shown is confusing things? Second issue is about how the winning bid can have been placed before the second place bid. This is because the auction auto-bids for you up to the maximum amount you enter. Ebay does the same, sometimes called 'proxy bidding', it means that you do not have to be there as the auction ends to outbid rivals - the system does this for you up to your maximum stated bid. For example.. if the bidding sits at 50, and I bid 100 I will become top bidder at 51 but the system knows that I am prepared to go up to 100 as my top bid. So you see the bidding at 51 and you bid 75, the system auto bids for both of us until I am again top bidder on 76. Until you bid more than my top bid of 100 - I will remain top bidder despite placing my bid before all of yours. When you place a bid, it shows the minimum bid you must enter based upon the current highest bid plus the bid increment (which is USD$1 for USD auctions and L$10 for L$ auctions), but that doesn't mean that is the maximum bid entered by the current highest bidder, in fact it usually won't be. It is simply the least you can enter to compete. The date shown against bids is when they were first placed, not when the autobidding happened. Hope that all makes sense laughs Jack

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Is the data wrong in the closed auctions?