...it's how much you bid that determines whether you win or lose. I'm sure the seller didn't mind if you got into a bidding war with two other bidders . Looking at the bid history, your bidding strategy is exactly why more and more people wait to bid in the last minute. You don't know how much you're willing to pay, you're just willing to bid more than whatever the next guy is willing to bid .

Heck, it wasn't even a good snipe! He left you more than a minute to retaliate!!!