It's exactly what is does
Originally Posted by redwoodtreesprite
'Auction sniping is the practice, in a timed online auction, of placing a higher bid than the current highest public bid at the last possible moment, giving the other bidders no time to outbid the sniper.'
I use the term, but not in a negative way. It is just another tool for the 'buy low/sell high'-strategy. Nothing 'bad' about it.
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