Can anybody tell me what is this "BID TO BUY "?please explain if you know of it.

this is a bit confusing! i had bid for a mobile phone on rediff auctions (they had these Re.1 auctions, where all bids start from Re.1), and i was successful in quoting the highest price amongst all within the bidding period .the starting bid was Re.1 and i quoted the price of Rs.1500, which was the highest amongst all, but the price of that mobile phone was Rs.20000.. but still i did not get the mobile phone because the seller put a reserve price, below which he will not sell the item. so if he has kept the reserve price of 20000, he wont sell till the bids reach 20000! so unless n until it is a genuine bid, i dont feel its worth buying items thru them, coz you can always buy them at a cheaper price from the market!