Perhaps no other eBay subject generates more passion than that of sniping. In a nutshell, sniping is the practice of waiting until an auction is almost done, then bidding as close to the end as possible so that nobody else has a chance to outbid you, and you get the item for a lower cost. As in most things in life, sniping has its fans and detractors. Critics claim that sniping is unfair. If you bid on something with 10 seconds left, and overtake me (who was the current leader), then I won't have a chance to bid again. They also claim that by doing this, and thus lowering the price (since I would have bid more had I the chance), that this hurts sellers by lowering profits.
Is sniping fair? Your thoughts?