Question for you.
I am going to place a bid on ebay for something
that is at about $600 right now.
The reserve price is probably about $1000
and the buy now is at $1250.
My question is:
If I hold out to the last few seconds, and the bid is still less
than the reserve price, and I throw in a bid of
$1150 (cause that is as high as I'll go)
will the bid for the item stop at $1000, or will it jump up
to the $1150 that I entered.
My guess is that it stops at $1000, cause that would be the
'highest bid' at the selling price...
Am I right that it stops, or would it jump up to $1150?