If everyone uses them then what's the point?
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1. Not everybody uses them
2. An item would still sell cheaper even if everybody was sniping them
Most people when the bid on Ebay don;t ever put their highest bid in at first. They put a reasonable one in and if that is winning they leave it at that. Then if a snipe bid wins it with 2 seconds to go, they don;t have chance to get another bid in even if they were prepared to go higher. My gf used to loose items that she would have gladly paid more for than the final snipe bid.
You also get people doing bidding fever and if you were bidding as normal, they would keep out bidding you. I have seen two people do that and pay more for an item I was selling than what you could have bought it new.
So if everybody was sniping, you do tend to still put lower bids in than what you would be truthfully prepared to go to and there is no temptation to just put another bid in just to see if you win. You make you best shot and hope that you get lucky. So buyers would generally pay less, and sellers would loose out.



