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<p>[QUOTE=&quot;dan8802, post: 1173122, member: 28296&quot;]This is true, but during especially volatile times, most people will be wise to this, and wait till the end of the auction to place a bid for the full value.</p><p>&nbsp;</p><p>However, there is a disadvantage to waiting till the end of the auction, or &quot;sniping&quot; the auction.&nbsp; And this is the fact that the earlier bid takes priority.&nbsp; For example, melt price on a certain item is exactly $1000, If bidder 1 places his $1000 bid, any other bidders will have to bid the next increment higher (lets say $100 to illustrate my point). Any other bidders would now have to pay $1100 to win the item.[/QUOTE]</p><p><br /></p>

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