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April 07, 2020

Agent Insights Ep 35: Bidding


What's up everyone! Today, I bring to you your next episode of Agent Insights! I originally planned to write about pseudo-gifting in AJPW, but something crossed my mind that I thought was more urgent to write about. So, that said, the topic for today is bidding.

What is bidding? I'm not sure if the greater AJ community has a term for this, but for the sake of this post, I will refer to it as bidding. So, bidding is a process in which someone puts an item up for sale (using my shop) for a certain amount of currency. Alternatively, they could show it on trade and say the starting amount. They tell people around to say how much they are willing to pay, and then the price is set to the amount of the highest bidder. The process continues until no one is willing to pay a higher amount than the highest bidder. Then, the highest bidder will buy the item for the amount they bid.

I have never seen this method be used before, but I think I should inform you all in case it becomes common. This method could be a scam because the scammer could have an alt or ally in the den who will always bid higher than the highest bidder. They will keep pushing the minimum amount higher, which means that the other jammers will have to state an amount higher than the alt/ally in order to get the item. However, the alt/ally could always push the amount higher. This way, the bidding jammers could be scammed of their currency because the highest bidding alts/allies may not be real. 

Now, how can we avoid this scam? Firstly, we don't have to participate in bidding at all. The moment you see someone asking for bids, remember what you read in this post and stay alert. If you really want to participate because there is no other way to get said item, then always, always set a cap for yourself. Think about what is the absolute maximum you are willing to pay for anything, and don't let anyone push you past that amount.

That's the agent insights for today. Stay safe and keep healthy!
-Dew


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