~~I Upped My Own Bid & The Price Went Up?~~
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11-18-2003 07:30 PM
This has happened to me MANY times before and I always forget to inquire. Does anyone know why this happens? I'm sure it's not right, right??
Jackie...
Jackie...
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~~I Upped My Own Bid & The Price Went Up?~~
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11-18-2003 08:05 PM
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~~I Upped My Own Bid & The Price Went Up?~~
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11-18-2003 08:15 PM
Glenda - normally I'd say yes. But this is about the 5th or 6th time this has happened to me in the last year. I checked the bid history just to make sure that someone else wasn't simultaneously bidding and they weren't. I was the only bidder in 3 days. Go figure. Put it this way, if it IS a glitch.....I am the only patsy that it's happnin to 🙂
Jackie...
Jackie...
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~~I Upped My Own Bid & The Price Went Up?~~
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11-18-2003 08:39 PM
This IS right. It happens when your current high bid is only slightly more than the second highest bid. For example.
Someone else has a proxy bid set at $10. You bid $10.01, and now you are the high bidder. Later, you decide you want to proxy up to $15 in case you get outbid. The current high bid jumps up to $10.50.
It happens because your original bid of $10.01 gets cancelled, as if you never made it. Your proxy bid is $15, so eBay sets the current bid at $10.50 which is one increment higher than the second highest bid of $10.
There's another explanation of this in the newbie FAQ somewhere, but I'm too lazy to go find a link for you. Hopefully I explained it good enough 🙂
Someone else has a proxy bid set at $10. You bid $10.01, and now you are the high bidder. Later, you decide you want to proxy up to $15 in case you get outbid. The current high bid jumps up to $10.50.
It happens because your original bid of $10.01 gets cancelled, as if you never made it. Your proxy bid is $15, so eBay sets the current bid at $10.50 which is one increment higher than the second highest bid of $10.
There's another explanation of this in the newbie FAQ somewhere, but I'm too lazy to go find a link for you. Hopefully I explained it good enough 🙂
Message 4 of 5
~~I Upped My Own Bid & The Price Went Up?~~
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11-18-2003 08:52 PM
Shooger - thanks kiddo. That is good to know. Unbelievable but good to know!
Jackie...
Jackie...
Message 5 of 5
