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Usually I follow your method, opening bid absolute minimum I will accept. But I have seen numerous auctions with BIN that the BIN does NOT disappear with the first bid. I have yet to figure out...

Oddly, I have put up a number of auctions at a higher than I expect to sell it for BIN, and a "Best Offer"

I have never received an offer that was not at least 40% less than the BIN and...

It depends on which side of the "auction" you are on.

When I buy, I know what I am willing to bid. No more. When I see an item with a reserve, I just make my max bid same as usual. Yes,...