WTF eBay Moment

[calexanian]

$1,999.00 ? What am I missing here. At first i thought it was for like 1K pieces or something but I see nothing to support that. It shows that 33 have been sold. My head hurts. Who is cheating/lying, or otherwise playing a joke on somebody?

http://www.ebay.com/itm/New-Mini-5pcs-LM2596s-3A-DC-to-DC-Buck-Converter-Power-Supply-Step-Down-Module-/111839245075?hash=item1a0a237313:g:-5IAAOSwTapV48UZ

[MrSlack]

Tht probably have some automatic demand based pricing adjustment software that has gone haywire.

[KJDS]

They have run out of stock, but if they tell ebay that they have none left they'll lose the little note that tells people that they have already sold lots, so they've just upped the price to a level where no-one will buy.

Once they have more delivered from China they'll drop the price again and they won't have lost the important little note.

[Richard Crowley]

It is a reaction to the way Ebay operates.
If you want to temporarily stop selling something, you can't just suspend it and turn it on again.
Ebay makes you completely remove the item, and then re-list it as a new item along with the added costs.
So many Ebay vendors simply raise the price to a ridiculous amount to discourage sales until they are ready again.
Nothing to see here, move along.

[wraper]

They have run out of stock, but if they tell ebay that they have none left they'll lose the little note that tells people that they have already sold lots, so they've just upped the price to a level where no-one will buy.

Once they have more delivered from China they'll drop the price again and they won't have lost the important little note.

BTW this is not necessary anymore. Don't know when this appeared but a while ago I noticed an account setting where zero quantity listings don't get closed. They just disappear from the search until the quantity get increased.
http://announcements.ebay.com/2014/12/sellers-new-out-of-stock-option-helps-protect-your-hard-earned-seller-standing/

If you want to temporarily stop selling something, you can't just suspend it and turn it on again.

you can.

[Richard Crowley]

you can.

Then we are left with what appear to be three possibilities:
1) It doesn't actually work (or it doesn't work like that)
2) Large numbers of Ebay sellers don't know about it.
3) It has some other side-effect that makes it undesirable.

[wraper]

you can.

Then we are left with what appear to be three possibilities:
1) It doesn't actually work (or it doesn't work like that)
2) Large numbers of Ebay sellers don't know about it.
3) It has some other side-effect that makes it undesirable.

I guess 2nd. It works perfectly for me. I noticed it myself only a few months ago while it seem to be there for more than a year. No side effects so far noticed. You still get charged usual fees for particular listing every month, even if it is not active. But if you skyrocket the price instead, it is completely the same, except some nutter still can buy it  , happened with me. Then you have two choices: unpaid case and the nutter get a strike, or you try to cancel the listing and if he refuses, you are fucked up for about 9% of the item value ($180 if it costs $2000).
Edit: if while cancelling you choose the reason because of your fault, not buyer mistake, I think you'll receive the final value fee back, but then you will also get a transaction defect on your account. And if there are too many, you're fucked too.

[Zero999]

I wonder what would happen if someone tried to purchase it at such a stupid price? It's possible, even if they did it by accident.

[MrSlack]

I wonder what would happen if someone tried to purchase it at such a stupid price? It's possible, even if they did it by accident.

Everyone gets negative feedback and then appeals it and it disappears from history...

[Jeroen3]

It's a code, they're actually selling something completely different.

[calexanian]

I wonder what would happen if someone tried to purchase it at such a stupid price? It's possible, even if they did it by accident.

Buy it from somebody else as quickly as possible and fill the order before the customer notices.

Otherwise the out of stock theory makes sense.