Posted By:
davidcyclebackI often start with a really low bid and, if there are no bids afer a couple of
days, I raise it to the normal minimum bid. The point for me is to induce someone
to place the mimumum bid. After a couple of days with no bids, the mimumum bid
is raised from say $5.99 to $29.99 as no one was willing to bid at $5.99 and I see
no point in keeping it that low. That snipers or non-early bidders lost out on the intentionally
undervalued mimimum is entirely their fault as my whole point of offering the
$5.99 was for someone to take the unusually low offer and place a bid.