Quote:
Originally Posted by Jim VB
Barry's correct. The Auto-bid increments have to alternate or else people could play a blocking game. In the example you use: The Ruth is at $10,000. You bid $11,000. And you select $12,000 as a block. If someone else bids, he can't top you without going to $13,000. If no one bids, are you willing to pay the $12,000?
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This does not keep me up at night (the way this auction will on May 1st
), but in the given scenario, why could the auction software not accept the 11k bid with an "up to 12k" option. If someone bids 12k, then it registers my 12k bid and tells the latecomer to the 12k level that he has been beaten to punch by an autobid and the next bid is 13k. If he were smart, he would know that there were no more further autobids in place or the next option would have been 14k.
JimB