The thrill of auctions is sniping it from everyone else wanting the item.
I've been a professional buyer on eBay going on 16 years and I've often sat there and had several windows open with several items ending within a few minutes of each other and sniped them one after another. Boy what a rush!
I like to find items I'm interested in and putting it on my watch list and mark on my calendar day and time it ends and on that day go in about 2-3 minutes before and pull them up with bid amounts sitting in it and hitting send at the 5-10 second mark.
I will roughly about 99% of my bids I put in. Not to often I'll lose one.