... my bad.
If your auction started at 99-cents with a reserve of, say $15... and I put in a $20 bid, then the bid stays at the 99-cent reserve-not-met level until there are more bidders. No winner and an absolute waste of my time. And this happens as often as not, which is why I am tending to agree and just not bid on any auctions that have a reserve.
I suspect you knew exactly what I meant, but this is the correct verbiage. Any real comments now?
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