Posted By:
Bruce BabcockI've lost lots by 1 cent on ebay. I've also lost out on inumerable lots by $1 or less. This is why I try not to do business on ebay. I don't mind being topped. I don't even mind being topped at the last second. I do mind losing by a $%#$%^& increment based on a bidding "system" that no legitimate auction house would use. This is what happens when a system is designed by pez dispenser collectors.
It seems obvious that ebay, sellers, and consigners would make more $ if every winning bid had to top the underbidder by 10%, and underbidders wouldn't feel cheated.
Oh, well.