Not Ranked
Please forgive my ignorance - I've never paricipated in an auction on any level, much less the internet - but by 'sniping' am I to assume you mean laying in the weeds with an egg timer trying to sneak in a bid at the final second?
If I was a serious buyer, it stands to reason that you let everyone else slug it out and establish the price to beat.
I can't feature myself bidding for 10 days when the only one that matters will likely be the one offered with a minute remaining.
Do I understand the process correctly? And if so, is the practice inherently unethical?
|