The "usual" degree of craziness makes people buy items at eBay at a higher price than they would pay if they did some very basic research on some pricing portals. I have grown somewhat used to this by now.
This weekend I saw people bid for a used sports watch; they ended up paying more than for a brand new one also selling on eBay. They were the same models and the auctions were only 2 hours apart from each other.
With such people around, bidding is no fun any more. But watching is!
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