Buying Before Biding Has Ended

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I've been in situations where i've really wanted something but have had to wait until the bidding has ended to see if i have won it or if i wanted something within the next few days the same deal applies.  Unfortunately people miss out due to various of reasons.  But what if there was an option to click on to that allows you to bid an amount which you'd be willing to pay for the item and then the seller decides whether to sell it to the person who has made an instant highest bid or wait until the bidding has ended. I know that i'd certain use this function.
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