Goblin-King wrote:tasoe wrote:I would bid double myself, if only for the chance to use the phrase "I sledgehammered that auction".
Seriously though, I need a name for the technique I use, perhaps "unregrettable sincere estimation of budget disposal". Sounds catchy, doesn't it?
The name is "Only winning a few auctions you would have won anyway"

Thanks GK. Thanks for cruelly snapping me back to reality in style

@guybrush: I don't mean to be rude, but I just can't understand how/why your technique works.
If you bid $400 and the second highest was 150 then your bid would appear as $151.
It wouldn't matter if it was 160 or $800, it would appear as 151 to the rest of the buyers.
So, if they can't see your actual bid, why would they be intimidated by it?
It would take some bids from them to truly reveal just how high your bids is.