They don’t want someone to come along and bid higher and them lose out. On eBay, you put in your maximum bid, but the actual bid amount only increases when someone else has bid, so there’s no downside to putting in a higher maximum bid at some point if they decide they’re willing to pay more.
jonathanbrightlight
·11 months agoThey don’t want someone to come along and bid higher and them lose out. On eBay, you put in your maximum bid, but the actual bid amount only increases when someone else has bid, so there’s no downside to putting in a higher maximum bid at some point if they decide they’re willing to pay more.