Quote:
Originally Posted by Twistedsymphony
unless you've got $10,000 in the bank that could be dangerous, you could get screwed over by shill bids or by someone else employing the same strategy as hippie said.
I can see if you really want something "no matter the cost" but I still wouldn't bid more than I could actually pay.
...unless of course you're actually good for $10K in which case I'd like to point out that I have a good many CEs for sale right now 
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i) Bid $10,000 -> win at $5,000 -> I think "Do I wanna pay $5,000?" If I'm not willing to pay at least I had the chance to let it go.
ii) Snipe $500 -> item sells to someone else at $520 -> Bang head on wall
In (i) I have the option whether to pay the final price, in (ii) the choice is no longer in my hands.