Sounds good. I wish nobody noticed my retracted bids.
Recently I place a high value bid on a common coin. My bid is a lot higher than retail price. It was my mistake as I was thinking about another coin. Then there is another bidder who keep pushing up the price. It looks very suspicious.
I have no other choice but retracted and revised my bids. Immediately after my bids retraction, that bidder also revised his/her bid.
Showing the bid retractions doesn't tells you when shill bidding is taking place.
Ebay said we can't retract bids for "Listing ends in less than 12 hours" only "if you retract the bid within one hour of placing it"
That is not true. Few months ago, I bid on a couple of coins and was outbid 1 day before the auctions end. I have no intention to bid further and was looking for other coins. Much to my surprise the top bidder retracted his bids (yes I found out who he is) and suddenly I became the top bidder and won both coins.
These days I have no hesitation in retracting my bids when I see anything suspicious.