My stupidity was your gain. I was sitting on 'Continue' rather than one stage later on 'Confirm', and the remaining 10sec. didn't allow time to recover from that @#$%&! impasse. Good luck to you, especially at that price.

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Wouldn't it make sense to work something out whereby fellow 68kers aren't bidding against each other and driving the price up?

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I never put my bids in until the last 5-10 seconds, so unless there is someone sniping at the same time I am that puts in an outrageous bid, the prices stay reasonable. It's when you put your bids in early that others have time to respond and the price gets driven up. Also, you can sometimes pick stuff up for the minimum bid if it otherwise wouldn't have sold. If you put in the minimum bid early, the seller will sometimes outbid you using an alternate ID just to keep the item from selling too cheap. If you snipe it inside the last 3-4 seconds, they don't have time to respond to your bid, then if the seller refuses to sell at that price you file a complaint with ebay and as the winning bidder you have the right to leave negative feedback, the mere threat of which sometimes convinces the seller to part with the item rather than get a blot on their record.