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ebay's bidding process

Anyone notice that when your bidding on an item, if it's at say $20 and the person before you put in a max of $23 but you put in a max of $50 it will still only bump the item up to $24 to get just over that person's max bid, rather than just bumping it up to what you said you were willing to spend on the item by putting in $50.

this becomes an issue, if the person that bid the $50 retracts the bid, and there are other bidders after him/her, because it potentially goes back to the $24 and adjusts accordingly.

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