TLHarrell wrote:Just saw the second one finish the auction. Price was bidded up four times in the last 10 seconds.
Zat German wrote:It is literally never in your favor to bid before the last 10 seconds of an ebay auction, unless you are doing it to block a Buy It Now.
mattrsch wrote:Is there something I'm missing?
mattrsch wrote:Zat German wrote:It is literally never in your favor to bid before the last 10 seconds of an ebay auction, unless you are doing it to block a Buy It Now.
I hear that quite a lot, but I don't understand why that would be the case. I enter the most I would pay for something. If the current bidder is already at his max bid it increments his max + the minimum bid interval. If nobody else bids I win at that price. If someone else bids less than my max it is now his max + the min bid increment. If someone bids over my max it's more than I wanted to pay so I'm not upset that I lost. Is there something I'm missing?
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