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<p>[QUOTE="Vess1, post: 1236564, member: 13650"]This is exactly right. Many people on ebay are irrational. If you bid $150 on an item that should only be $125, and it sits there long enough, somebody out there is going to think about it for hours and rationalize it in their own mind to bid $155. If you don't give them a max bid to sit there and think about, then it keeps the price lower and avoids that situation. It seems as though people will always talk themselves into bidding higher just to win if they have time to think about it. </p><p><br /></p><p> That's why people use the sniping programs. You can set up a sniping program to simultaneously place your max bid on 10 auctions at the exact same time, 1 second before they end. This is nothing new. It's been going on for years. </p><p><br /></p><p> The worst I've ever been outbid was by one cent and it was completely coincidental. </p><p><br /></p><p> If the winning bid is $1 over your max bid, that's just the bid increment. They could have bid a million dollars on it and the new bid is only going to go the min. bid increment over your high bid.[/QUOTE]</p><p><br /></p>
[QUOTE="Vess1, post: 1236564, member: 13650"]This is exactly right. Many people on ebay are irrational. If you bid $150 on an item that should only be $125, and it sits there long enough, somebody out there is going to think about it for hours and rationalize it in their own mind to bid $155. If you don't give them a max bid to sit there and think about, then it keeps the price lower and avoids that situation. It seems as though people will always talk themselves into bidding higher just to win if they have time to think about it. That's why people use the sniping programs. You can set up a sniping program to simultaneously place your max bid on 10 auctions at the exact same time, 1 second before they end. This is nothing new. It's been going on for years. The worst I've ever been outbid was by one cent and it was completely coincidental. If the winning bid is $1 over your max bid, that's just the bid increment. They could have bid a million dollars on it and the new bid is only going to go the min. bid increment over your high bid.[/QUOTE]
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