Looks fair enough, even though it's unfortunate he only revealed his intention for the item in the last 5 minutes. He bid more than you, so he won the item.
QUOTE(Superlatanium @ Sep 14 2017, 08:31)
If you bid from [
reasoningtheory.net]
the website, you will automatically outbid any other bidders by the minimum bid, up to your limit.
You will outbid other bidders up to your limit, but you will not outbid other bidders
past your limit. (that wouldn't really make sense)
Also see
QUOTE(Superlatanium @ Aug 16 2017, 21:23)
as I've said many times, it's in bidders' best interests to bid uneven amounts, and to avoid the nice round numbers like "1m", no matter whether they're proxy bidding or competing against a proxy bidder.