Reply to "Out bid?"

quote:
Unlikely that someone would have bid $124.25, up from $51.50 with just a few minutes to go.

The most important thing when bidding is to decide what the most you want to pay is. You did it when you prepared your snipe. 13Berlin did it when he/she made the winning proxy bid. Sniping protects you against bidders who bid responsively and cannot decide the value of an item for themselves. Sniping does not give you any advantage against a solid proxy bidder.

8/18/042:56 AM

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