Quote:
Originally Posted by travrosty
sniping doesnt get stuff for lower prices. its ridiculous. if an item went for a price that was lower due to sniping, that means someone was willing to pay more, but didnt enter their increased bid. why would they not do that? that doesnt make sense. if someone was willing to pay more, they would have just entered a higher snipe bid at the end. sniping is just a way for people to THINK they have more control over an auction than they do. its a construct that makes people feel good, like thinking they are using a 'system' to beat the lottery, the roulette wheel, or the slot machines, when there is no such thing.
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You are assuming everyone is logical. A snipe is usually a more thought-out, logical maximum bid. People who do not snipe are often caught up in their emotions, changing their mind when they are outbid and bidding above what was supposed to be their max.