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Otherwise why is anybody putting in an early bid at all?
All you do is push the price up and the somebody else replaces your bid.
So all you've done.
Is make it harder to buy what you want to buy because you bid early. So why did you bid early?
It's the dumbest move. But it is open to public, so there is no shortage of [removed] putting in early bids without actually putting a moments thought into the ramifications.
Putting a high bid in would weed out a lot of people and make it easier to win that auction because less people will be able to compete near the end. If your goal is to win the auction, bidding early is better than no bid at all.