Interesting question, but Snipe is nothing new. I agree that the dynamics of sales (i.e. fewer auctions) has changed significantly over the years, but not sure I would attribure that to Snipe nor would I say it is killing the hobby. Sellers have become more sensitive to price, with great awareness of market value, and do not wish to give items away below market - I think that has attrbuted more to the change than Snipe.
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