A reserve price isn't going to affect me, one way or the other. It's been a while since I've bought much of anything on eBay, but I always sniped in the last seconds and had a sniping tool do it for me, meaning I'm not personally on line at the close.
That way, I see the auction, decide what it's worth to me, set up the snipe and walk away. If I win, fine; if I don't win, that's fine, too.
Since voters on eBay are irrational (i.e., they're influenced by what other people do), sniping is the only reasonable way to bid on any auction other than BINs. Early bids just jack up the price.
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