According to this thread, there are 3 reasons.
3 - Not being glued to eBay.
Buyers that only want something, but don't HAVE, to have it, like myself...just won't spend as much. That is a 100% certainty, where I am concerned.
Quote:
Originally Posted by doug.goodman
There are two reasons to snipe :
1 - you put in a bid so late that nobody will have time to outbid you.
2 - you put in a bid so late that YOU will not have time to bid again if somebody has outbid you.
Either way, resetting the clock defeats both of those strategies, so of course the prices will go higher, and of course shilling will sometimes be involved.
|