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Very simple. Chronologically this happened. Let's assume every person bid on only 1 lot, not multiples, for simplicity of explanation:

1. Auction opens. There are 175 lots available, $39.99 minimum allowable bid, no bids yet.

2. 140 people place bids, each starting at $39.99 (optionally with a secret AutoBid max amount).

3. There are now 35 lots remaining with no bids on them whatsoever, and a $39.99 minimum bid.

4. You come along and place a bid on one of those 35 lots, inexplicably using a starting bid of $42.99 (optionally with a secret AutoBid max amount).

5. There are now 34 lots remaining with no bids on them whatsoever, and a $39.99 minimum bid.

6. Other people come along and place starting bids of $39.99 (optionally with a secret AutoBid max amount) on those 34 lots.

In other words, you only irreversibly raised the "bid floor" on YOUR OWN lot, not all of them. There was NO reason for you to do this whatsoever, you should've used a starting bid of the minimum possible amount, in this case $39.99, and then set your AutoBid max to the maximum amount you'd be ultimately willing to pay. NEVER set your STARTING bid to the maximum you're willing to pay, ALWAYS set it as low as the system will possibly allow!

Read up some more on how multiple-lot auctions really work, and you'll understand fully.
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Pudding Mittens wrote:

He said when he bid the min was $42.99, so this wouldn't apply. The bid before his and after his are also $42.99. He is bidding on the Rocky Patel Vintage 1979 and he is now bidder #140 and the $39.99 bidder is #142.

VaMtnMan wrote:

my min bid is set at $42.99

Chulo Papa wrote:

No, what happens is if someone has bid on something and then goes back and raises or lowers their max bid, their bid time gets reset to the current time. Their current bid is still the same.

VaMtnMan wrote:

I think you may have nailed it!

Yes, I'll bet that guy placed an early bid at $39.99, the minimum later rose to $42.99, but then that guy changed his secret AutoBid max, which changed his bid timestamp to "now", when in fact originally it was much earlier.

That might be it!
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Pudding Mittens wrote:

That is it, because I’ve done it.

KingoftheCove wrote:

Happens to me all the time and I kick myself for not setting a correct max bid when I first bid on it.

VaMtnMan wrote:

Any ideal if you lose your place in the bid line? If I am the first bidder at $39.99 with a max bid at $50, and there are 5 units available. 4 other people come in after me and bid, all at $39.99. I then go and change my max bid to $60, and my time gets reset. As other bidders come in, am I the first bidder whose price goes up, are do the other 4 bidders price go up before mine?

Thanks

I’ve actually used it to LOWER my max bid.........had a case of bidder’s remorse a few times...
Came back and lowered my max bid as much as I could to get out of the game.........and it worked all 3 times.

To be honest, wasn’t really bidder’s remorse as much as it was I saw something else I wanted more....................at another place.

KingoftheCove wrote:

I start panicking that my wife will find out

VaMtnMan wrote: