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#11
01-15-2009, 08:18 AM
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Ebay Auctions.... Final 15 Seconds
Posted By: Rhys
I placed a high bid on an item once with a few hours to go and the person who was the high bidder before me saw he was outbid and placed about 15 bids in the last 2-3 minutes and drove the price from about $100 to about $400. We were the only two bidders and if I had let his high bid stand until the last 10 seconds I would not have given him the time to keep trying to overtake me. SO in that case not setting a snipe cost me about $300. That was the last time I ever did this for an item I really cared about. For cheaper items I throw bids out there all the time, but not for expensive items anymore. 
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