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SOLD 20 - Purple Nevada Lodge $25 Sm. Crown chips (4 Viewers)

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getting a bit cluttered.. quick bidding recap

Senzrock said:
100
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iu

liftapint said:
OMFG.

$400
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Windwalker said:
$1100
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liftapint said:
$1105
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Windwalker said:
$1300
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iu

Lil Tuna said:
$1500
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Windwalker said:
They’re all yours.
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liftapint said:
Not so fast.
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Windwalker said:
Please note that I was acquiescing to Matt because he PM’ed me. If he ends up dropping out, I will jump back in.
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liftapint said:
Always good to be reminded that dreams are out of reach.
...It's not a big deal. These chips come up almost every day. I'll just wait until tomorrow.
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TheB00T said:
$1,525
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Grandmasturkey said:
1530
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Windwalker said:
$2000
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gopherblue said:
This has the effect of influencing other bidders and a chilling effect on the auction, whether it was your intent or not.
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You use nice words and your write well, but none of what you say is supported by evidence, in fact, the contrary. First:

- “all yours” is something I have used in multiple auction when I’m conceding to someone. See:

https://www.pokerchipforum.com/thre...on-for-3-more-racks.78464/page-2#post-1603284

https://www.pokerchipforum.com/thre...-dark-green-scv-2s-1-rack.80575/#post-1648933

https://www.pokerchipforum.com/thre...racks-1-day-auction.76796/page-2#post-1561300

There are more examples of the same.

- The idea that me jumping back into an auction would have a “chilling” effect on the auction is myopic, and is neither supported by studies about auctions, nor empiric evidence within our own forum. In fact, I can empirically prove that when I’m involved or bidding in an auction, the final price of the auction is higher on average than any other auctions RELATIVE to that same item’s last sale value in the regular classifieds. This is true of almost every auction I participate in. No one has been “discouraged” because I’m bidding, in fact the opposite.

This is true because of an well-know bias in auction psychology called the “endowment effect”. While auctions are supposed to facilitate rational outcomes, they rarely due, especially when the item being auctioned falls into the the “scarcity” bucket. The bias I mentioned is where we tend to over-value things we already possess. When we bid on items, it makes us connect the bid (our money) with the item, allowing us to fantasize about owning them – generating an “endowment effect”.

Either way — you say you don’t throw bombs, but you actually do. A lot. This time, the shit just hit you before you could scurry away like you usually do after launching said bomb.

The auction was already at $75/chip, which is higher for a barrel than any other barrel auction in recent or mid history. And yet; your argument is that the seller didn’t get his full measure because I was transparent about my intentions.

@Eloe2000 , as unattached as you should be to an auction that neither of you are bidding on, seemed to understand my intent without an issue. Yet, you poked, like you always do, for zero reason.

Idiocy.
 
Windwalker said:
You use nice words and your write well, but none of what you say is supported by evidence, in fact, the contrary. First:

- “all yours” is something I have used in multiple auction when I’m conceding to someone. See:

https://www.pokerchipforum.com/thre...on-for-3-more-racks.78464/page-2#post-1603284

https://www.pokerchipforum.com/thre...-dark-green-scv-2s-1-rack.80575/#post-1648933

https://www.pokerchipforum.com/thre...racks-1-day-auction.76796/page-2#post-1561300

There are more examples of the same.

- The idea that me jumping back into an auction would have a “chilling” effect on the auction is myopic, and is neither supported by studies about auctions, nor empiric evidence within our own forum. In fact, I can empirically prove that when I’m involved or bidding in an auction, the final price of the auction is higher on average than any other auctions RELATIVE to that same item’s last sale value in the regular classifieds. This is true of almost every auction I participate in. No one has been “discouraged” because I’m bidding, in fact the opposite.

This is true because of an well-know bias in auction psychology called the “endowment effect”. While auctions are supposed to facilitate rational outcomes, they rarely due, especially when the item being auctioned falls into the the “scarcity” bucket. The bias I mentioned is where we tend to over-value things we already possess. When we bid on items, it makes us connect the bid (our money) with the item, allowing us to fantasize about owning them – generating an “endowment effect”.

Either way — you say you don’t throw bombs, but you actually do. A lot. This time, the shit just hit you before you could scurry away like you usually do after launching said bomb.

The auction was already at $75/chip, which is higher for a barrel than any other barrel auction in recent or mid history. And yet; your argument is that the seller didn’t get his full measure because I was transparent about my intentions.

@Eloe2000 , as unattached as you should be to an auction that neither of you are bidding on, seemed to understand my intent without an issue. Yet, you poked, like you always do, for zero reason.

Idiocy.
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Ah, Krish, yes, I "throw bombs", if by that you mean I have a sense of humor (see, e.g., my poking fun earlier at Hornet). And yes, you will find copious examples that I can bring the snark with the best of them, and that sometimes I am guilty of not suffering fools. But I was not throwing bombs about this issue in this thread. I was raising a legitimate concern.

And your initial statement about "none of what you say is supported by 'evidence'"? As I noted, I was not the only one to reach that logical inference based on the exchange of posts. That may not have been your intent, but it was a fair conclusion based on the posts made in the thread, as I and others noted.

Your argument about the price already being $75 is, as we both know, about as specious a straw man argument as one can make. The price at the time (or at the end, given the events) is irrelevant. Full value is full value, and we hadn't had a gavel fall yet on this auction, so full value had yet to be achieved.

I know you don't like it when others call you out on something--hell, most of us don't--but there are numerous examples of your reaction to someone questioning you. But in this case, I think you are too focused on being called out and not focused on the issue for which you were called out.

I wasn't, nor am I now, trying to pick a fight, but as stated, I raised the issue as it didn't sit well with me. You have now stated, several times, that your intention was not with malice. I accept that, and I'm moving on.
 
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