Originally Posted by
drainyoo
I've never dealt with coupons but I'm obsessed with ebay. The only thing I can't stand about it is that people have no clue on how to bid. Instead of waiting for the last few seconds of an auction to bid, they start a bidding war 5 days before it closes. That's the dumbest thing to do since you're only driving up the price on yourself.
Agreed, the rational time to place a bid is somewhere in the final seconds, as close as you can get to the end. Everywhere else, you're giving up information to your opponents and stirring up emotional overbidding. Ebay of course does everything they can to encourage this irrational style of bidding, because it drives prices up.