What's BIN?

[skyraider]

Hey,

I assume BIN stands for Bidding Identification Number? If not, what does it stand for? You should add this to the FAQ here IMO.

Thanks.

 

[Coastalguy]

Buy It Now.

If you are prepared to pay the BIN price consider the name sold (provided you pay up, that is).

ST

 

[armstrong]

BIN = Buy It Now

This is the price at which the seller immediately stops the auction, and sells to the one who bid the BIN price.

 

[WuLabsWuTecH]

It it also a good estimate of what the seller's reserve price is. Usually the reserve is within a certain percentage (below) the BIN price in my experience (not going to calculate the percentage right now, but i know how much when i see a bIN price

 

[robertjr]

Buy It Now.

If you are prepared to pay the BIN price consider the name sold (provided you pay up, that is).

ST

BIN = Buy It Now

This is the price at which the seller immediately stops the auction, and sells to the one who bid the BIN price.

Both terrific answers! :D

Also, from a Snipers point of veiw...............Nice work!

 

[armstrong]

Also, from a Snipers point of veiw...............Nice work!

Indeed, BIN is the sniper's worst enemy. :hehe:

 

[robertjr]

Indeed, BIN is the sniper's worst enemy. :hehe:

:p



OK...OK....That's enough of the definitions for the day!

 

[Jeff]

"BIN" = "Beauty In Numbers ($$$$$)"

:notme:

 

[kw31]

Bidding Identification Number?
Hm... sounds complicated, lucky no one developed such a system yet :D

Hey,

I assume BIN stands for Bidding Identification Number? If not, what does it stand for? You should add this to the FAQ here IMO.

Thanks.

 

[daddypi]

BIN, as stated.. is the same as if you've ever used Ebay

It's a Buy it Now price, meaning bidding is over at that price, and it becomes an instant purchase.

 

[omnia]

In most live auctions they usually use a bidder identity number or code, although I've never heard it referred to as a BIN. Here, or at most of the online auction sites, its as described above BIN = "buy it now".

 

[redhippo]

Better Invest Now

of course its also our most wanted osama's middle name which means "son of"

 

[Joseph]

Bidding Identification Number?
Hm... sounds complicated, lucky no one developed such a system yet :D

ebay did - ebay listing number.........

lol :kickass: