I'm saying you would have to bid OVER the other person's max bid. That's the whole point in posting the max bid. You could not make someone pay as much as possible. And as many rude posters said to me, you shouldn't bid more than you are willing to pay. lyn2575,
By eBay posting the bidder’s max bid, what is there to prevent another bidder from bidding just UNDER that bidder’s max bid thus forcing that bidder to pay his/her max bid?
eBay’s Proxy Bidding system is designed such that the winning bidder pays no more than one bid increment above the second place bidder’s maximum bid in a no-reserve price auction.
By displaying a legitimate bidder’s maximum bid without any legitimate competing bids placed, what is there to prevent another bidder or a seller from using an alternate ID to shill the legitimate bidder’s bid such that the legitimate bidder ends up paying his/her maximum bid against illegitimate bids?
One shouldn’t bid more than s/he's willing to pay. I agree. However, there is no justification whatsoever for the bidder to have to pay his/her maximum bid if ANY of the bids were
illegitimate since the bidding process is TAINTED.
For example, YOU are the first bidder to a no reserve price auction and YOU place a legitimate bid of $1000. I, being a self-admitted selfish and miserable bastard, with no genuine interest in the item, come along and bid $990 thus forcing you to pay $1000 for the item. How would you honestly feel about having to pay $1000? Now, how do you feel about eBay posting the minimum bid required to become the high bidder?
Monster_Goose
Oh my, this is goin' to hurt.