Yes, eventually there is a max price you are willing to pay, of course there is, but everyone finds it that easy to lock in their max price up front?? Maybe it’s just me…(my wife says I am too emotional
).
In Theory, Travis, I hear what you are saying. I suppose MY problem is determining exactly the highest amount I am willing to pay or the “that’s enough not 1 penny more” point as you have described. BUT maybe that is just me and most everyone else finds that as EASY as you describe it. I admit I am flawed – call me human. My recent experience that I described is unique and specific (its not always as clear as $1 more will win it). Do you think I should have not bid the extra $1? (BTW - I am looking at the item now on my desk and really glad I won it).
But let me ask you this again? You go through your thought process to come up with your highest amount, following the steps you described for an item you really want. You’re perfect so you know you have confidently figured out your highest amount, because it is an exact science they way you described it. You snipe your bid and are losing but realize if you bid 1 penny more you would win it…would you bid the extra penny? You don’t have to answer because I am sure your response would be your bid would have already thought about that penny.
How many people out there have set a snipe bid and change/raised it at some point?
Edited to add: BTW, Travis, please don’t take my sarcasm as criticism, just provocative to stir the debate. It’s a good discussion, and honestly you do make a point and I am going to try to apply that in the future.