Quote:
Originally Posted by DezHood
Case 2: Same as Case 1, except schill bidder gets aggressive and bids 104.99. Now he wins! What happens next?
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The shiller (now knowing the legit bidder put in a max bid of $100.01) would likely retract his bid and then re-bid to $100, pushing the legit bidder to his max.
That's why when you see accounts with large amounts of bid retractions, suspicions are aroused. I've been on ebay for probably 15 years and don't think I've EVER retracted a bid. But there are accounts with a year or two of service and 50+ bid retractions. Doesn't make sense.