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It allows you to avoid having people push up the price of your auction with false bids. For higher value sites it gives you a chance to confirm the buyer is ab
by sanswork 14y ago
It allows you to avoid having people push up the price of your auction with false bids. For higher value sites it gives you a chance to confirm the buyer is able to pay.
- chrsstrm 14y agoI just went into my account and checked... If you don't accept a bid, it automatically rejects it after 72 hours. What is the point of accepting a bid below your reserve price or expiring bids after 72 hours on a 30 day auction? Lots of messages from users wanting to know why I "rejected" their bids and I didn't know what to tell them. I understand measures to prevent artificial price inflation, but anytime bids started becoming competitive, they would start to expire.