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Reply to "Only bid if there is already a bid option...."

quote:
the LOWEST sucessful bid sets the price
Yep, that's right.

I see some holes in the logic of bidding high and early (I think). I'll still snipe, but review bids close to end of auction. A penny or quantity of +/- 1 in a Dutch can make a lot of difference. If you bid early you can't change your bid.
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