A New Net54 BST, Live Auction Rule Change?

[Brownie33]

I am not a huge fan, but I do see how this could work in theory. I can see it causing some confusion as well. I know getting sniped is no fun and does happen. One thing I have really liked that some people do is the 10 minute rule for those who have placed a bid before the end of the auction. Then you have extended bidding and it ends after a full ten minutes have gone by without another bid. I have found that this has been helpful to prevent last second sniping.

[chalupacollects]

The only way this could work is if all max bids are messaged to the seller in private. However, you would have to take the sellers word for it on who the winner is..

So, for instance someone bids $200 max bid with a public bid (on the post) of $50 and someone else bids $201 but the public bid was only $25. Then theoretically the $25 bid would win at $51.

Which kind of makes the public bids kind of useless or keeps them in the game... I dunno..