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<p>[QUOTE=&quot;IdesOfMarch01, post: 8233557, member: 39084&quot;]Let&#039;s assume that a &quot;live bid&quot; is defined as a bid placed directly by a bidder on a specific coin at a specific time while the auction is still ongoing.&nbsp; It is not a &quot;max bid.&quot;&nbsp; Let&#039;s also assume that a live bid, if it&#039;s higher than the currently winning bid by at least the required increment, becomes the new currently winning bid.&nbsp; E.g., if a coin&#039;s currently winning bid is 500 CHF and I place a live bid of 1000 CHF, then my bid becomes the currently winning bid.</p><p><br /></p><p>Based on these definitions and assumptions, the computer algorithm is likely to have done the following:</p><p><br /></p><p>0. Currently winning bid is 500 CHF (or 550 CHF -- doesn&#039;t matter which).</p><p>1. Bidder 4 places a live bid of 605 CHF.</p><p>2. Is this bid higher than the current bid by the required increment?</p><p>&nbsp; - if no, ignore the bid</p><p>&nbsp; - if yes, display this bid as the currently winning bid</p><p>3. Sequentially search all current bidders&#039; maximum bids to see if any of them is higher than 605 CHF by at least the increment of 50 CHF</p><p>&nbsp; - if none, than leave 605 CHF displayed as the currently winning bid</p><p>&nbsp; - if yes increment the currently winning bid amount to 655 CHF for the first max bidder found.</p><p>4. Repeat step 3. until there are no more bids higher than the currently winning bid (by the required increment).</p><p><br /></p><p>If this is accurate, then after the displayed bid of 605 CHF, every subsequent bid that was displayed would be of the amount XX5 CHF.</p><p><br /></p><p>So if there were some bids displayed such as 650 CHF, or 700 CHF, my putative algorithm is either not the one being used, or there was a bug in the software.[/QUOTE]</p><p><br /></p>

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