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on 02-01-2015 10:36 PM
@skyrider12-au wrote:Kopenhagen - thanks for your input. I agree with all you say however, if a seller hasn't reached his (undisclosed) reserve and doesn't want to quit his item then shill bidding, to an amount he is willing to sell at, would achieve an outcome the seller would be happy with.
You have no idea how shill bidding works.....it is not the idea for the seller to win the item but to just increase the bid. It is not done at the end of the auction but during the course of the bidding.
The shiller slowly increases the bidding rather than placing a large bid and hoping others will try to catch up.
If the shiller actually wins the item then they have failed in what they have set out to do.
In the last 6 weeks or so I have had most of my bids with one Australian seller....I could very easily be accused of shill bidding. The only difference between me and a shiller is that I am bidding to win, never retract a bid and pay for everything.