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DomainLore - hidden gem bids not proxy bidding?

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I have noticed a few hiden gems auction getting starting bids of £100-200 when I'm sure the starting price was £50.
 
I think you can set the minimum bid. For instance if you think your domain is worth £100+, you could set the minimum opening bid at £100.
 
You can start the domain name at what you want from £50. If it doesnt sell you owe domainlore 10%, so list your name at £200 and you owe Denys £20 rather than £5 if it doesnt sell!!
 
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