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Your account sure can be cancelled for placing bogus bids... it says your bid is a contract when you bid... no matter how good you are if you bid and don't buy they take it seriously over there. My friend was a SERIOUS super star E bay person... we bought lots of expensive tickets to concerts, she once purchased an expensive camera... basically she was addicted to E bay... but she always paid ,had only positive feedback... paid with speed... well she bid on something recently, forgot about it and won, didn't pay and now she's cancelled and had to create a new account and start all over. so yeah they take it seriously when you place a bid you don't intend to keep.
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