Reserve prices

sloanes3
Conversationalist

I recently saw an item with an offer , it was what i was looking for so bid the "asking price" for it. The seller took their time to say yea or nay. Then I get an offer three times the asking price, ie 100, buy now 300. Looking at this I saw that reserve price not reached, now is my bid valid or has it been thrown out as it were? I replied it was what was wanted and if my bid wasn't accepted then say no, but nothing. 

To  me a "hidden " price is all wrong , you bid what they ask for the item and come back with an offer of 3times what was advertised. This has really got my goat , I let other items go which were more than the £100 bid but now he wants 300. A bit convoluted but I  hope you can understand.