What does it mean when i bid and it says "you are currently losing this lot" and doesnt show my bid?

Still weak, try one more time

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NEVER lose a bid Bill!

NEVER!

What dey said. Losing bid means need to bid higher

It means your platinum membership has not begun yet. And it also means there we have the perfect person for you to trade cigars with...

Failure

It means that your paltry little bid was so little and paltry that it's not even worth displaying.