New Ebay Scam of Retracting a Bid at Last Minute Caught + Punished , Shady Fraud Scammers

[@pokeprofit1033]

so the seller re-listed the item, and about 8 days later the same thing occurred. ( 2 ) scammers , both with ( 0 ) feedback , and one of them bid the item up to 1300 and in the last few seconds he retracted the 1300 bid so his partner would win and i watched the price jump back down to 122 and 1 second later it jumped back up to 700ish because someone else managed to get a bid in at the 2 second mark but there was no time for me to put in a 900 bid with 1 second left... and so the winning scammer won the auction for 700ish

[@bouncerslabrealnature9143]

I reported the cancelled order scam over 2 years ago and was booted off of eBay.

[@pokeprofit1033]

ebay sucks. i hate having to use it because it has such an enormous presence

[@ah5836]

I had an auction recently i had highest bid, 24 hours before end a bid came in over my max then immediately retracted. Then 2 seconds before auction ends a bid comes in just under my max to have me to pay the most.

[@2sohx]

Why would retracting even be a function in an auction? No such thing exists in a physical auction because of the prime potential for abuse. Same abuse online.

[@pokeprofit1033]

ebay has a terrible habit of allowing buyers/bidders to get away with all kinds of abuse, in the past you could leave bad buyers negative feedback if they dont end up paying or try to scam you, now you can not leave them negative feedback

[@Dire_Hit]

Ive noticed this for a while now. It's just the same person using multiple accounts. They can't retract last min at least with my account, but they'll bid day one and then retract 9 days later. Usually what I do is consider the auction ruined, block the guy, and retract all the bids. Bid like $1 myself with a different account and then end the auction with "sell to highest bidder" this way I don't get left negative feedback and don't get feed for ending the auction early. Then I just restart the auction.

[@pokeprofit1033]

what a hassle it causes honest people to go thru , like you said, to deal with these jerks

[@tankthelord1178]

It's one of them things that we all get - we need to be more aware - dont believe a word they say.

[@Papi_Carl989]

yea one thing that sucks with ebay is that you can be outbid, but it still counts if the people who outbid you dont pay... thats not how auctions work... once im outbid im out personally, i wont pay.... that "chinese auction" shady carnival bidding that ebay allows is almost as bad as whatnot

[@pokeprofit1033]

and if you sell on ebay they charge you fees on the state sales tax that they collect. i did 2 videos on that crime, i am surprised ebay has not been sued over this corrupt fact. just imagine selling something for 12k and the sales tax is 1000 and then you pay 130 to ebay on that 1000 sales tax , in addition to paying ebay 13.5% on the rest of the 12k. unreal !!

[@WatchingTrainsGoBy-PassingTime]

Good job man.

[@Papi_Carl989]

new sub btw

[@lakewoodadventures]

this is not a scam. you were not using proxy bid. You only bid $99. You lost the auction when the next person bid $111, before the cancelled bid happened. if you were willing to pay $900, you should have entered it from the start and let the system bid for you.

[@reggievangleason9511]

Downside of early proxy bidding is that you make yourself a target, giving plenty of time to your competitor to bump bump bump the price up. My successful strategy is the “snipe strategy, last five seconds. I am a buyer over 26 years on eBay, 100% (1485) positive feedback,

[@jasone42683]

That's greed, but also hoping he cAn get it cheaper then he would have paid 900..

[@pokeprofit1033]

no you are wrong, my bid is not on there because i did not even bid on it

[@jasone42683]

@@pokeprofit1033 point is you had intent, so he's saying why didn't you.

[@lakewoodadventures]

@@pokeprofit1033 and that's why you didn't win it for $900.

[@LVGuest-y4t]

Snitching