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<p>[QUOTE=&quot;Vess1, post: 8088902, member: 13650&quot;]Ebay is set up for the last second on the clock to determine the final value.&nbsp; It always has been this way.&nbsp; &nbsp;&nbsp; I&#039;ve been using it since 2000 and this is how I view it.&nbsp; </p><p><br /></p><p>&nbsp; Let&#039;s say there&#039;s a coin valued at $500.&nbsp; &nbsp; <u>I want to win it for the least amount of money.</u>&nbsp; &nbsp;&nbsp; If it has 3 days left on the auction and I just come in and put my max bid of $500 in, GUARANTEED,&nbsp; people in the last 24 hrs or so, will peck at it and enter in bids and keep bidding it up and up and up to just creep it up there and see what the max bid is.&nbsp; &nbsp; Eventually, they&#039;ll walk away or somebody will out bid it.&nbsp; Now, I have to bid again and it turns into a bidding war for the remainder.&nbsp; &nbsp; The sellers want this.&nbsp; You as a buyer do not.</p><p><br /></p><p>&nbsp; Alternatively, I look at that coin and say I want it no matter what.&nbsp; So I don&#039;t bid on it at all.&nbsp; Just watch.&nbsp; </p><p>&nbsp;&nbsp;&nbsp; I wait for 15 minute warning on my phone or log in with 5 minutes left to watch what&#039;s happening.&nbsp; &nbsp;&nbsp; Maybe there&#039;s been some action on it and it&#039;s bid up to $335 currently.&nbsp; &nbsp; &nbsp; I watch the counter in the last minute ticking down.&nbsp; I might even enter in a max bid of $600 on it at this point if I want it enough.&nbsp;&nbsp; But I still don&#039;t submit it.&nbsp; I watch the counter tick down.&nbsp; 8,7,6,5, then at 4 seconds I submit the bid to try to clear out the high bid where ever it may be.&nbsp; It takes a couple seconds to go through.&nbsp; No software needed.&nbsp; &nbsp;&nbsp; Sometimes other people will do this too.&nbsp; &nbsp; Sometimes not.&nbsp;&nbsp; I may enter in 600 and it clears their last max bid of 350 from 2 days ago and I win it for $355 because people didn&#039;t have a chance to think about bidding more. </p><p><br /></p><p>&nbsp; What i&#039;ve learned is if you put in a max bid and people have time to sit and contemplate it, they will justify bidding anything up ahead of time.&nbsp; If nobody&#039;s bidding there may or may not be a scramble at the end but that&#039;s the time to clear it out.&nbsp; Can&#039;t give people time to think about it because they will jack the price and make you pay much more.&nbsp; I&#039;ve seen stuff bid up hundreds of dollars in the last 5 seconds.&nbsp; All the time.</p><p><br /></p><p>&nbsp;&nbsp; Now, I have seen other auction sites that re-set the clock to 15 minutes after you place a bid.&nbsp;&nbsp; If a bid comes in at the last second, the clock re-sets to 15 minutes to give everyone a chance.&nbsp; That&#039;s a true auction IMO, but it&#039;s not how ebay does it.&nbsp; </p><p><br /></p><p>&nbsp; This is how I use ebay.&nbsp; It can be frustrating or exciting.&nbsp;&nbsp; Your last second bid has to be big because you don&#039;t get a second chance.&nbsp;&nbsp; I prefer Make an offer.[/QUOTE]</p><p><br /></p>

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