Is this site ran by bidders who don’t pay?
I’m new to this site and scored a decent deal on a supposedly working item that I was looking for about 2x less than eBay which is pretty good. Snipers brought my final bit up a bit but it was what I was willing to pay. Now I get to use it.
So I looked around at other things, and some of these bids are wild. Like who pays 2x to 4x past market value for gold/silver? Or used - new price on an untested camera or electronic?
Seems like there’s no real consequence to running up a bid and never paying from reading historical posts.
Like someone can go in and bid 99,999 on an item out of their range. Win the bid and when it’s relisted, try again.
For the sake of an untested item, the most I would pay is “for parts” price on eBay and gamble a bit more if it does work. But it seems like bidders are completely risk adverse or something.