I agree with both of the last two posters. The only real thing that has changed is that the great majority of all bidding activity occurs at the very end of an auction.
Personally, I've never understood the logic of bidding repeatedly early in an auction. The only thing that this does is artificially force the price up and increase the likelihood that you will spend an excessive amount as a buyer.
I certainly believe this as a buyer and understand and accept this as a seller FWIW...
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