No, not absurd at all.
It creates what is known as a “bid bubble”, and rewards those who get in early, and bid often.
If that item is a good deal at $7, but not such a good deal at $10..........well, then ya should have got your bid in at $7!
Or, be a Platinum Member and get the automatic 25 cent bid increment option on all auctions.
KingoftheCove wrote: