I think it’s funny you posted something like this with this posted right before basically showing that your wrong.
Maybe you guys that bid on thousands of dollars of stuff a week have lost sight that most people try to live within their means and not outside them. In other words say I don’t have thousands of dollars to work with from the last few sales of my games, I might give myself $25 a week to blow I put it all in a bid for something that normally goes for $50 on Sunday and on Monday I give myself another $25 do I go and put that with my bid? No I’m already winning it there’s no point I’d rather spend this $25 on something else but if push comes to shove I will put it to the bid but I really don’t want to.
I think more people bid like this than you think. There’s no way to prove my theory but the OP is a good example of it and I myself have done it in the past and still do it if I don’t have a lot of cash to work with because sometimes you can get lucky. The reason I think this happens is there’s a big difference in $100 made at a day job and $100 made off some game that I paid next to nothing for at a yard sale. I can see where someone that makes hundreds of dollars an hour can be relaxed with their money I’m not even that hard off but it still takes about 3 hours for me to make a $100 at work and I can see if someone had a manual labor job getting paid the minimum would be even more likely to bid like this.