Quote:
Originally Posted by Peter_Spaeth
Ah I missed that. But still not sure I understand it, as people would have to place an initial bid anyhow, no?
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But if they're the ONLY bidder at 10pm on closing night the item closes, so if an item has no bids you can wait and hope that as it sneaks up on 10pm you can get that one bid in and win the item before extended bidding. Once someone else bids, that vain hope is shattered and now you might as well put your placeholder in.