Earlier quoted context omitted.
> I never understood why eBay set things up to enable sniping. I've seen studies on auction method that suggest the difference in the final price (between explicit end time and the more traditional extend-until-bidding-stops method) is negligible for online auctions except in a few special cases. This is a marked difference from the expectation that, like a real-world in-person auction, the extending deadline might e…
> being able to snipe so favoured eBay with more of their attention and this brought more sellers to the platform Did they measure the impact of people who stopped using the platform due to their bids being sniped?
eBay explicitly bans AI "buy for me" agents in user agreement update
211–220 of 363 posts
Re: eBay explicitly bans AI "buy for me" agents in user agreement update
#212Earlier quoted context omitted.
Regarding the last part: it's simple, $1.01 is less than $100 This process doesn't work endlessly. You can't just add $.01 a billion times and I'd still pay it. But it works once or twice. Shops set prices like $499.99 due to funny psychological effects: $499.99 is still a price "in the 400s" while $500 is "in the 500s". Nobody sits down and thinks logically about it and concludes that no, the $.01 difference between…
Are you: - agreeing there must be some threshold such that if the price is $X then you will buy(/bid on) the item, but if the price is $X + $0.01 then you won't; - but maintaining that in a case where you have already decided to buy/bid and the price then rises by $0.01, you will always go ahead and pay the extra cent (provided this hasn't already happened a bunch of times)? If so, then I don't see the original probl…
> - agreeing there must be some threshold such that if the price is $X then you will buy(/bid on) the item, but if the price is $X + $0.01 then you won't;
No, I'm not. If I will buy an item for price $X, I will buy the item for the price $X + $.01. The decision to purchase something is more complex and cannot be encapsulated as one single dollar value.
I think something your model fails to account for is: there is friction associated with a purchase. I will not necessarily go through the process of buying something whose "value" is $0.1 even if its price is $0.09, because there is friction to making a purchase which that $0.01 profit doesn't cover.
As an example: I recently played a Pokemon ROM hack where there was an NPC selling a nugget for 4999. You can sell the nugget for 5000. That's 1 coin profit; objectively a good trade, right? But going through the process of purchasing something isn't free. So in spite of what your economic models may suggest, I did not stop everything I was doing and spend the rest of the game buying nuggets for 4999 and selling them for 5000, because that would've been boring and my time has value.
If I've already gone through a lot of the process to decide to buy something at a certain price (which includes doing research to find out that the thing suits my needs, researching how the market looks for that category of thing, then bringing the item to the cashier or engaging in the eBay auction or contacting a seller), then I've already spent some not-insignificant amount of resources on the purchasing process. A $0.01 price increase will never be enough to stop me from completing that purchase, because $0.01 is not worth going through the whole process again.
If I'm already at the point where I want to bid on an item at $X, then I have spent more than $0.01 in effort researching things to bid on, so I would also bid $X + $0.01.
Re: eBay explicitly bans AI "buy for me" agents in user agreement update
#213Earlier quoted context omitted.
An alternative to ever extending the deadline is a Dutch auction model, where a bid consists of the maximum price you are willing to pay. It's a bit like integrating the snipping bot in eBay and allowing everyone to use it on fair terms. For example, suppose the current price is $1 and the current winner is someone who bid $2 as their maximum bid ceiling. If I bid a $3 maximum, then I become the winner at a price of…
Ebay works like this too. But because sniping is still permitted, I like to bid 'uncommon' amounts, like $3.17, so if someone else tried to bid a max of $3.00 even at the last moment, the bid for the few cents more wins.
commit ecfd9009-5bae4398b13645e14ec4ce25 (HEAD -> deal-with-snipers)
Author: sunrunner
Date: Thu Jan 22 13:57:34 2026 +0000
Update BidBot default bid cents amount to be 18 (was 16), to deal with pesky sniping strategies discovered on HN.Re: eBay explicitly bans AI "buy for me" agents in user agreement update
#214Earlier quoted context omitted.
It gets into the nature of "Which grain of sand makes it a pile?" Knowing people bid snipe by bidding one cent over whole dollars, would you consistently bid two cents over if it meant you would win more of your auctions? One cent is negligible. If you asked me if I would have paid $10.01 instead of $10.00, I'd probably say "Sure". $10.02? $10.03? Like, where does the line get drawn? And then you come at it from the…
Maybe eBay should publish the price the winning bidder actually bid. This would let people stop thinking "I lost by one cent" in that situation. It also has a marketing benefit: look at all these people who got great bargains relative to what they would have paid. And it's not an unreasonable amount of transparency: in second price auctions e.g. for stamps or electricity, it's normal to publish the details of all the…
If the current price is $5 and your max bid is $30 and I put a max bid of $100, it will make the current price $31 - $35, whatever the increment is.
To get ebay to accept a bid of one cent over, you have to explicitly set that. Let's say, I'd actually pay $30 as well. $30.01 isn't materially different. So if I put in $30.01, my bid becomes higher than yours.
Re: eBay explicitly bans AI "buy for me" agents in user agreement update
#215This ban isn't about 'fairness' or bot protection; it's about protecting the Impression Funnel. Marketplaces like eBay are designed to monetize 'Wandering Attention'—sponsored listings, 'customers also bought', and sidebar ads. An AI Agent represents 'Laser Focused Attention'. It executes a transaction with zero wandering. It effectively turns the marketplace into a commoditized backend database / dumb pipe. From a G…
If you want to be a productive member try commenting what you put into your prompt instead of the slop that comes out.
Also classic ai drivel: This is about protecting the business model, not their inventory. My brother in AI, eBay doesn't have inventory. They're a platform.
Re: eBay explicitly bans AI "buy for me" agents in user agreement update
#216Re: eBay explicitly bans AI "buy for me" agents in user agreement update
#217Earlier quoted context omitted.
Are you: - agreeing there must be some threshold such that if the price is $X then you will buy(/bid on) the item, but if the price is $X + $0.01 then you won't; - but maintaining that in a case where you have already decided to buy/bid and the price then rises by $0.01, you will always go ahead and pay the extra cent (provided this hasn't already happened a bunch of times)? If so, then I don't see the original probl…
> are you > - agreeing there must be some threshold such that if the price is $X then you will buy(/bid on) the item, but if the price is $X + $0.01 then you won't; No, I'm not. If I will buy an item for price $X, I will buy the item for the price $X + $.01. The decision to purchase something is more complex and cannot be encapsulated as one single dollar value. I think something your model fails to account for is: t…
Yes, that's part of what I was trying to account for with my second bullet point. But before you've made that initial decision, there must be some price that would cause you to make it a 'yes' and some marginally higher price that would cause you to make it a 'no'.
This value obviously won't be totally constant across time -- it will vary with your mental state. But at any given time (and for any given roll of the mental dice, if we're assuming there's some true indeterminism here), it must exist. So when we're translating from "what's the maximum I would pay" to "what should I bid", we can imagine that we're in our most rational and clear-thinking frame of mind, aren't seized by any strange impulses, and so on.
The time and effort of researching a different item also has a value that could be pinned down in a similar way. So it doesn't fundamentally change the arguments here; if product A would be worth $X in a vacuum, but you'd happily pay $Y to avoid going through the research process again, then you should bid $X+Y.
Re: eBay explicitly bans AI "buy for me" agents in user agreement update
#218So scraping bots and “buy for me” bots are bad, but the incredibly annoying sniping bots are OK? That sure feels like a double standard.
Re: eBay explicitly bans AI "buy for me" agents in user agreement update
#219Just like faxes, the internet and the world wide web, sure, this new thing Could connect everything, but that's not nearly as much of a technical problem as a sociopolitical one. Same as it ever was.
Re: eBay explicitly bans AI "buy for me" agents in user agreement update
#220You don't have to obey user agreements.