I am not a huge fan, but I do see how this could work in theory. I can see it causing some confusion as well. I know getting sniped is no fun and does happen. One thing I have really liked that some people do is the 10 minute rule for those who have placed a bid before the end of the auction. Then you have extended bidding and it ends after a full ten minutes have gone by without another bid. I have found that this has been helpful to prevent last second sniping.
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