Posted By:
JoannI still don't see it.
If you are willing to bid $3250 and only bid $3000 then you lose because you didn't put in your max bid. And if you are willing to bid $3250 and someone else is willing to bid $3250, then someone's going to have to go higher.
And if you are saying that you have to be online to beat the other $3250 guy to the punch, then that's still not a matter of Rob deciding when to end the auction. It would happen no matter what time it ended.
And in the overall scheme of things, the amount of money that is out there because people are moving it around is probably large compared to the amount that's out there because someone doesn't want to get caught on the wrong increment, so leaving the auction open to allow that money to settle is probably justified.
Although I do agree that it would be a pain to wait up just for that and wish the auctioneers would allow an autobid to be made at any increment, not just the one that's two away from current. The first person there to claim that amount as a bid should be able to.
J