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If the auction is in the format of "going-1, going-2, sold", a new bid will
extend the auction for at least one more day, so you may want to place a high
hard bid, to save everybody time. This does not apply to the auctions at ebay,
which has a hard ending date.
Also, outbidding the other bidder by a fair amount may scare him off. If this
tactic works, you may end up getting the item at a very reasonable price at
the end.
Cheers,
Hao-yang Wang
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Message is in Reply To:
 | | Re: Question for eBay experts
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| (...) I remembered (incorrectly, it sounds like) that there once long ago was two text-entry fields -- one for a hard bid and one for a soft bid. I was surprised, confused, and horrified to see the first box go away [sic]. (...) 1. Because it's (...) (25 years ago, 19-Apr-00, to lugnet.market.auction)
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