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Posted By: Rob Dewolf

The point I would make regarding the thought that if you bid only what you feel comfortable paying, then shill bidding isn't a big concern is this: If you feel comfortable paying $400 for an item and place that bid, and the next legitimiate bid is $100 but a shill bid of $300 is placed, even though you might feel comfortable paying $310, that shill bid still has wrongly cost you $200. To me, this new system makes shill bidding so much easier to carry out.