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I would wait the last 40 seconds and just put a sick high bid in if I wanted the item. This way people don't have the time to place higher bids. At one point it became more addictive biding on domains on Ebay then searching for them all day on registers. Finding good names was like hitting the lottery.
When I was selling an item I would list it at the lowest price possible, Ebay has always been about getting good deals or hard to find items.
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