The auctions are dominated by people messing around with throwaway accounts. Their strategy involves submitting stupidly high maximum bids and letting the auction runs its course to win the item. If they're not happy with the final price they don't pay and their account gets banned. The item gets relisted the following week and they do exactly the same again with another new account. You can see this happening week after week with items being relisted.
3 years ago
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