Has anyone ever had an auction with the same guy putting in 20 reserve bids on the same item???I wanted to get rid of a bunch of nos touques hats and such hockey night in canada stuff,and i person bid 3.99 the starting price,then i look a little while later and its still at 3.99 with 20 reserve bids on it,im thinking no way anyone will be able to outbid him,there are 4 watchers which dont meen much,i have never seen anyone do this,it runs out in about 6 hrs so im thinking the item will sell at 3.99
He probably doesn't know that until someone else bids, his number wont change. After the first increment they go up by one cent, so $3.99 then $4.49, $4.50, $4.51, $4.52, $4.53 and on and on.
Some people think doing this discourages competition.