What's the logic behind hiding the reserve?

[lypet]

I do not like hidden reserves to the point that I will not bother to bid on any auction with a hidden reserve. If you are too cheap to pay the listing fee to start the auction at the minimum price you will take for it, why should I participate in an exercise in futility. I buy a lot of things on eBay and I always use Auctionsniper to bid for me 7 seconds before the auction closes. I know a lot of people do not like this , but eBay is full of people trying to buy a hundred dollar item for a couple of bucks. this allows me to buy the item without someone bidding an extra $0.50 twenty times to find what I bid. I am never sorry I did not bid more on any auction. I bid the maximum I am willing to pay and if someone else is willing to pay more, it is theirs. As for the winner paying too much... A BYF toggle with a #32 on it would be worth more to me than most other people and therefore I would not have paid too much.

Lynn

Lynn