Simple scam. If the item costs them $200 and it sells for $20. That means they collected 2000 bids which they sold for an average of $0.70 each. They get $1,400.00 for a $200 item. This isn't an auction, you don't pay to bid in an auction. It's just a scam to Jack up pricing. With the evidence of bot bidding, and their seemingly dishonest business model, I would stay away.