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Reply to "Will someone please explain this to me???"

Yes, snipers do effect the final price of an item... sometimes. For hot items, it doesn't matter because people bid regardless and a sniper will drive up the price at the end.

But on an auction for an item not really wanted, a sniper does effect the price. The current high bidder probably will just bid the minimum required just to win thinking that that no one else wants it and a sniper will take it right from under them at auction end.

So, pretty much the effect a sniper has on an item depends on the demand.
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