Bidding at live auctions is an art. Professional buyers, and yes they are skilled, NEVER bid while the general audience is bidding. In effect, the general bidding is part of the auctioneers show. The auctioneer knows the audience will exhaust their bids and then the real buyer steps in to scoop up the item without competition. The same process applies in cyberspace. The fact that Megasams' "poacher" bid within the last 60 seconds indicates that he is in fact an amateur (the poacher). A real pro will time their bid
to within a few seconds of the auction end to prevent the possibility of a counterbid or overbid by a competitor.
Auctioneering 101.
to within a few seconds of the auction end to prevent the possibility of a counterbid or overbid by a competitor.
Auctioneering 101.