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<p>[QUOTE=&quot;Jaelus, post: 2742405, member: 46237&quot;]What&#039;s wrong with it (at least on eBay) is that people can use fake accounts to up the bid increment by increment in order to find out what your max bid is, and then they just cancel their bid. If you&#039;re not actively watching the auction while they do this, you won&#039;t even know it happened. Then they can place a targeted bid to snipe you under their main account, as once they know your maximum you have played your hand. Alternatively, if they don&#039;t want to outbid you, they can just put in a max bid that&#039;s the same as yours, and make you pay as much as possible. Not a bad strategy if you&#039;re competing with them on the same coins, as draining your monetary resources is to their advantage.[/QUOTE]</p><p><br /></p>

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