I tried to snipe an item, and your service fell flat on its face. Item sold for less than snipe amount. You may want to check out your system for bugs. This was for item number 290342052046 whose next minimum bid was 11.10, sold for $10.60, and my snipe was to be for 12.12 and set for 7 seconds prior to end of bidding not the default 6.

It's not a bug, you entered your snipe too late.

There is a certain requirement for this.
Please check this FAQ section for more information:
http://www.myibay.com/login/faq/4/#q5