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A 24/7 Online Only Auction lets you bid online via the interent 24 hours a day, 7 days a week until each auction closes. It is an e-Bay like auction, but does not include live bidding as WebCast Online bidding does. Attention: Additional Information: 1. All auction items on our 24/7 system have dynamic closing. Meaning if anyone places a bid during the Dynamic Closing window (within the last 5 minutes), then the end of the auction will be extended another 5 minutes to allow more bidding. The auction item will end if there are no bids placed in the final 5 minutes. 2. You cannot bid against yourself! If you have an auto bid on something, someone with a regular bid for the same amount can beat you out. For example: your current bid on an item is $25.00 and item is set up in $5.00 increments. You have an auto bid in the system for $30.00. The next person to bid will get the $30.00 bid. Our advice to you is to place an auto bid into the system, but pay close attention at the last 5 minutes of the auction. You can always go in and up your bid when dynamic closing takes over. All auction will extend until bidding has completely stopped!
Lone Star Auctioneers, Inc. currently uses Bidspotter.com for all of our Webcast Auctions. Click here for more information on Webcast Auction registration and participation It is recommended that you use a high speed internet access to participate in the online webcast bidding. There will be a 2 step registration. First is a one time only registration with BidSpotter.com. Second is the registration for each webcast auctions Lone Star Auctioneers, Inc. hosts on bidspotter.com. This usually requires a deposit and appropriate auction paperwork. Click here to view all Upcoming Webcast Auctions from Lone Star Auctioneers, Inc. Still unsure about Webcast Auctions? Traditional Dial-up Connections: Connection-wise, this type of connection is not recommended for large amount of data transfer applications (i.e. internet conference, voice and video transmission, large file transfers, and web-cast). Another factor that will effect your connection is your Internet Service Provider (ISP). If the ISP has full load of customer using the service which may result busy signal, or lost of connection. High-Speed Internet Connection (DSL / Cable): In addition to its very high speed, DSL differs from the dial-up connections that require analog modems to "dial-in" to the ISP every time the user wants to access to the Internet - DSL connections are always on. Another benefit is the ability to use the telephone at the same time you're accessing the Internet; you don't have to choose between the two. ADSL works by splitting the phone line into two frequency ranges. This makes it possible to use the line for phone calls and data network access at the same time. It is called "asymmetric" because more bandwidth is reserved for receiving data than for sending data. Download speeds range from 256 Kilobits per second up to 8 Megabits per second, and upload speeds range from 16 to 640 Kilobits per second. This is useful because many users of the Internet receive much more data than they send. Cable Modem, which uses the same coax cable that runs your TV viewing service. The normal speed of a cable internet access is at 6Mbps. The connection you will receive via a cable internet access varies depending on the service contracted as well as the numbers of clients that will share the entire "cabled community". Cable internet access works by using its capability of carrying data within multi channels within the same line (just like switching channels) with a channel which is dedicated for the internet services. |
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"Internet Auctions, A Guide for Buyers and Sellers, Federal Trade Commision (FTC)" at www.ftc.gov
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