Quote Originally Posted by Bojay1997 View Post
Ok, provide me one bit of evidence, not speculation, that your sniping has ever resulted in you paying less for an item than if you had bid the maximum amount you were willing to pay on day one.
You've never seen auctions with an BIN option, that get bid up past the original BIN price?

Example, game with $19.99 starting bid, $29.99 BIN option.

I want it, not sure what I want to pay. I wait until the last 5 seconds to bid, to hide my intent. I can come in with a $29.98 max bid and probably win it 99 times out of 100, for closer to $20 than $30. Why? Because everyone else viewing the auction assumes it is not worth $30, otherwise the BIN would have been clicked already.

Or, I could just bid $29.98 on day one. Anyone else viewing the auction late doesn't even know the BIN existed, and just see my bid showing at $19.99. If they want it, they can push it up as high as they want it to go, well past $30.

Please don't argue with me. You asked for an example, I provided one. End of discussion.