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<p>[QUOTE=&quot;Conder101, post: 1554069, member: 66&quot;]A lot of people make that comment but they don&#039;t seem to realize that eBay is not MEANT to replicate a live auction.&nbsp; It most closely replicates a mail bid auction and those DO end at a specific time.&nbsp; they don&#039;t tack on another day just because they got a bid in on the closing day &quot;so lets see if we get another one tomorrow&quot;.</p><p><br /></p><p>And I am with medoraman, I am not going to schedule my life around the ending times of auctions and then sit there as they drag on and on waiting for them to end. So I would most likely give up eBay as well.&nbsp; And if I did do that there is no way I would just put in my maximum bid and let someone chip away at it.&nbsp; If I have to sit here I am going to nickel and dime it to death as well.</p><p><br /></p><p><br /></p><p>Another reason to worry about having your high bid exposed is that some sellers use a shill bid to run up the bid to expose your max bid.&nbsp; Then they retract their bid and use a second shill account to place a bid just below your maximum to force you to pay the maximum amount even though actual competition would require you to pay a lesser amount.&nbsp; If the current bid is $50 and no one else is bidding, and you have a proxy bid in of $100 and I learn this, I can then put in a shill bid of $95 so that you win at $100 instead of $50.&nbsp; You still having paid more than you thought it was worth, but you had to pay twice as much as you should have had to pay.</p><p><br /></p><p>Even if they don&#039;t expose your max bid, if they don&#039;t know what it is worth just place a few bids because it looks interesting and then decide it is more than they want to pay, they have still caused you to now have to pay more than you might have otherwise.&nbsp; These two scenarios do not happen to snipers.&nbsp; They may still have their bids go way up or even to their max, but they run up by someone else who was seriously committed to the coin.[/QUOTE]</p><p><br /></p>

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