So, if you had a chip valued at $100.00, you would list it at $100.00 and no reserve? How many bids do you think you would get starting it at $100.00?

Or, you would list it at $9.99 with NO reserve, and pray that eBay would not have an outage during the last few minutes of the auction when the snipers move in?

I understand any given bidder being reluctant to bid on a reserve price auction, what I have a hard time understanding is why buyers are so willing to criticize sellers who choose to take advantage of the reserve price format.