I understand that part, if there is a reserve which is the same as the BIN. but what we are saying is, if there is no reserve, the BIN was $100.00, and bidders are squirreling around at $20.25, $20.75, $22.50 etc, shouldn't I just be able to say the hell with this, I'm buying it now for $100? anyway, I dont want to gunk up this thread, back to listings...
As for eBay's incentive, it's not strictly a matter of increasing final auction prices. eBay has an even greater incentive to get auctions to end quicker. It's also a volume/turnover game for them. The more auctions end early with BIN, the more volume... is even more attractive than a few dollars more at the end.
ahh okay, this part does make sense.