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<blockquote data-quote="subzero" data-source="post: 502111" data-attributes="member: 9185"><p>It still bugs me to this day seeing people engaging in a bidding war with days left on the item, all they're doing is making the item more expensive for themselves if they win. Putting in a max bid only does the following...</p><p></p><p>Makes people want to keep bidding until they outbid you just to be the current 'winner', and they'd bid possibly a lot more than they had planned to.</p><p></p><p>Lets other watchers know that people are fighting for the item, so they prepare themselves by getting ready to place an even higher bid at the end than they originally would have done, to try and guarantee they beat the other bidders who've been fighting it out.</p><p></p><p>Attracts more bidders than it originally would have because more bids attracts more attention as it makes the item look more desirable, attracting people who wouldn't have decided to want the item in the first place if there weren't so many bids on it. It's human nature for people to compete and want something if they see that others really want it, and end up bidding on something they were never even gonna buy, annoying but true. :lol:</p></blockquote><p></p>
[QUOTE="subzero, post: 502111, member: 9185"] It still bugs me to this day seeing people engaging in a bidding war with days left on the item, all they're doing is making the item more expensive for themselves if they win. Putting in a max bid only does the following... Makes people want to keep bidding until they outbid you just to be the current 'winner', and they'd bid possibly a lot more than they had planned to. Lets other watchers know that people are fighting for the item, so they prepare themselves by getting ready to place an even higher bid at the end than they originally would have done, to try and guarantee they beat the other bidders who've been fighting it out. Attracts more bidders than it originally would have because more bids attracts more attention as it makes the item look more desirable, attracting people who wouldn't have decided to want the item in the first place if there weren't so many bids on it. It's human nature for people to compete and want something if they see that others really want it, and end up bidding on something they were never even gonna buy, annoying but true. :lol: [/QUOTE]
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