Quote:
Originally Posted by Karl Mattson
this situation is why I never put in a max bid until seconds before an auction close.
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I agree 100%.
Speaking purely from the standpoint of a buyer who knows what his maximum purchase price is, the only logical time to bid on any auction is with a few seconds remaining.
On ebay, this means that no one will have a chance to put in a higher bid after seeing mine, it also means that I won't be able to get "auction fever" and rebid if my max bid isn't high enough to top bids that are already entered.
On auctions with a moving end time, the logic is still pretty much the same.
Doug