jamesjkim
Flush
Then I would argue that you really didn’t bid your max. When I put in a bid late like that, I think, “What is the max number that I wouldn’t mind if I lost to someone bidding $1 more than me.”
THAT is a max bid.
I think the goal is to win the auction at the lowest possible price regardless of what I'm open to paying. Basically bid the minimum because it won't auto bid up to your "max". In this sense, it's not exactly an auction since the price doesn't go up in set increments, more like a name your price where you fight to the death (because it can essentially go on forever - but I get the software challenges with snipers).It’s my max bid at the time I make it. People can change their minds (well, some people at least) based upon new data received…![]()
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