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Reply to "Auction Sniper did not bid on my item"

Okay, this is what I was imagining. Is the following scenario possible?

Let's say the auction opens at $9.99 and BIN price is $40. Bidding starts at the opening price, and various bidders continue bidding the price upward. No one takes the BIN option, and eventually that BIN option disappears (because 70% of BIN price is reached or however the "semi-persistent" BIN is knocked out). Eventually the bids--incrementally--push the price above $40. I've set a snipe for, say, $60 to bid a few seconds before the auction ends. I win the auction with that snipe.
Last edited by chica
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