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Analemma_yesterday at 11:08 PM1 replyview on HN

I mean, dick move, but that has nothing to do with sniping. You could do that at any point during the auction and it would have the same effect.


Replies

ab5tracttoday at 7:50 AM

Sniping means that bidders may have decided to put in a higher ceiling in order to avoid losing at the last second.

If there was never a worry about this, they could bring out (and decide) that ceiling only after being outbid.