Re: ebay .. outbid ... what the point ?
I looked at the Ebay bidding section & although it mentions proxy bidding (Learn More: Don't get outbid again! Let eBay bid on your behalf with proxy bidding) i think this is pointless why not show the most price the buyer is willing to pay instead of the minimum after all the seller doesnt recieve the lowest amount that other buyers see when they are prompted to make another bid.
Also another noticable worrying thought i have noticed sellers asking for payment by Personal cheque, Postal Order or Banker's Draft what protection does the buyer have of getting ripped off especially if the seller has no history of selling/buying.
Also there is nothing stopping a seller asking a few mates to bid on his/her items to purposely push the price up further.
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