on 09-11-2017 09:38 AM
I made a few bids today, but this insane automatic bidding system kept outbidding me. Then, after five or so bids, I couldn't bid anymore.
The help thingy told me to go to financial information and hit "edit," but there is no edit button under financial information except for the one next to Paypal information, which doesn't help.
eBay appears to be limiting the number of bids one bidder can make withing some time frame that eBay has decided on. Why? We don't know, we weren't told anything about it.
Why are you bidding in little increments? This is not a going, going, gone type auction. Bidding at or near the minimum bid announced on an auction is a recipe for frustration, not winning.
The only bid you're really competing with is the leading bidder's not-revealed actual bid. Their showing "high bid" is only what ebay calculated as the lowest amount that would win if the auction ended right now.
You can run with the big dogs if you understand the eBay automatic bidding system works.
"This is not a going, going, gone type auction." Well, yeah, it is. It just seems that you're trying to describe a type of second price auction. I figured it out now, but I'm certain I don't like it. It seems like it's a way for them to be opaque about prices, and it makes it hard for me to bid on multiple items at the same time if I don't know how high one of my bids will go -- I just want to place the bid I'm comfortable placing now for now, and keeping the real max bid secret makes it impractical for me to do that. In any event -- I still can't place bids.