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<p>[QUOTE=&quot;Leadfoot, post: 1457196, member: 2972&quot;]For one, DLRC tells people their reserve, and yes, I consider hidden reserves sneaky.&nbsp; Additionally, teletrade does not tell you if the reserve is hit or not, and other auction houses (eBay for instance) do.</p><p><br /></p><p>Phantom bids are the fake incremental bids that occur on Teletrade when in fact there are no humans bidding.&nbsp; Teletrade has been doing this for as long as I&#039;ve been following them -- since the early 2000&#039;s.</p><p><br /></p><p>Those are two examples of &quot;sneakiness&quot;, one of which is unique to Teletrade (phantom bidding), and the other is not done by all other auction houses as you suggest (hidden reserves).</p><p><br /></p><p>Another example of sneakiness, and this is done by other auction houses but is much more prevalent at Teletrade, is the auctioning of Spectrum/Teletrade-owned coins.&nbsp; Essentially, it is used as a retail outlet masquerading as an auction.</p><p><br /></p><p>Frankly, the entire market is a bit skewed/sneaky, but Teletrade is sneakier than other auctions, IMO.[/QUOTE]</p><p><br /></p>

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