Posted by BarnyardEngineering on March 30, 2023 at 05:39:44 from (161.69.57.47):
In Reply to: AUCTION QUESTION posted by lenray on March 29, 2023 at 15:13:16:
Seems like any time I bid on anything online, more often than not it sells for one bid higher than my high bid.
When you are bidding on something you have a price. Nobody is forcing you to bid. If you get it at or under your price, what does it matter who or what is bidding against you? Sure you had to pay more than you wanted to, but you are not entitled to a cheap price.
But, NO. People's max bids are not made public. Why would they be? Do you announce what your maximum bid is at a live auction? "Hey Mr. Auctioneer, I'll bid up to $11,000 on this lot." No, you don't. You keep it a secret, because you know what will happen.
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