06-12-2024 6:55 PM
I have an item for sale via auction. This afternoon I noticed that there were 17 bids all by the same bidder at roughly 30 second intervals. All the bids are showing the same price £1.04! What is going on here?
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06-12-2024 7:52 PM - edited 06-12-2024 7:55 PM
It is sometimes done to put off other bidders.
The increases in the bids may not be much, but until there is a second bidder price will not increase.
I see that someone else has bid. For all that effort, the first bidder only bid £4.50.
06-12-2024 6:59 PM
17 bids is excessive but they're increasing their max bid. The actual price won't go up until someone else bids against them.
06-12-2024 7:52 PM - edited 06-12-2024 7:55 PM
It is sometimes done to put off other bidders.
The increases in the bids may not be much, but until there is a second bidder price will not increase.
I see that someone else has bid. For all that effort, the first bidder only bid £4.50.
06-12-2024 10:13 PM
Yep, 17 bids at roughly 20p / 30p increments. What a waste of time!