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Originally Posted by turbo
how is this a beneficial feature to the prospective buyer, when it blows it's load, so to speak, within a minute and without needing to outbid anyone? seriously, why not just place the max bid intially, and save a minute of useless interaction from the proxy bidding software?
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That's just how online auctions work.
You can read more about it here -
http://pages.ebay.com/help/buyerguide/bidding-prxy.html