Hi,
I'm curious, when you are dealing with an
auction with a reserve bid, when's the best time
to increase yours?
I'm assuming the other bidder has reached it
because although the new max still shows the same amount say ie:$5.00, and it's repeated about 10 times, and yet auction still shows their same "visible" price. I'm assuming 1) they reached the "reserve price" or 2) their at both reserve and my max, price?
Looking at the competing bid, their increase is
about 10% increase.I had a big margin, but it's
closing in quickly.( if my assumptions are right)
My feeling is that if I increase my bid by 20%
6 seconds before, do you think I might win.
It sounds confusing,I'm confusing myself!
Thanks for listening, and if you can understand
it ,and have some thoughts, I would be very pleased to hear them.
Thanks
Newbie here
PS If the reserve has been met shouldn't it show
in the auction? Or is that reserved for only
"visible" bids?
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