Quote:
Originally Posted by HIPPEEDUDE
Not really,theres still a possibilty of someone using said snipe service & still entering a silly amount in an effort to win. Still wont work you say,well what if the current highest bidder also put in a stupid amount. You enter your snipe at say $500 believing it wont go near that & your safe but assured of a win. However the current highest bidder unbeknown to you has entered $420 or something like that. Bingo,stupid price payable & item still sold for stupid price. It can & has probably happened more times than anyone realises me thinks. I think its called infinite probability 
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I suppose this is appropriate
A common mistake that people make when trying to design something completely foolproof is to underestimate the ingenuity of complete fools.