As a seller, it's so damn risky though to just put something out there at 99 cents and hope the bidding goes your way. I don't sell on Ebay anymore because of this. You have to have outrageously priced BINS to try to cover all the fees. That's all you see on Ebay now. BINS. That's why prices are so much higher. Ebay / Paypal started charging too many fees, and sellers are too afraid to end up losing money, so everybody has to overprice stuff.
It's a vicious cycle.
Also, Ebay is so anti-seller, and pro buyer, it's ridiculous. Sellers have to account for scamsters that take advantage of Ebay's guarantee policy.