QuiBids.com = Genius Website

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SunnyD

Belgian Waffler
Jan 2, 2001
32,675
146
106
www.neftastic.com
Auctions4acause does something vaguely similar. Basically they sell a limited number of "bids" on an item, people go at it, someone wins the item for like 1/3 of the price of the retail value of the item. Only catch is that the site has netted 3 times the price of the item between selling the full allotment of bids on the item, and the winning bid price. And the best part, A4C gets companies to donate the items it sells.

How's that for a racket?
 

QueBert

Lifer
Jan 6, 2002
23,015
1,202
126
Borderline illegal how?





I couldn't ever trust a site that made you pay for each bid. Think how easy it would be for the company to create bots that would just auto bid if an auction for a particular item was going to end before there was alot of bidding action, that way they don't lose money.

Well the one I was on showed ending pricing for all the auctions. And some I bid on ended up going for much less than anywhere else online. They could have been faking those to make people believe I suppose, but it seemed legit. This site was ran by somebody I knew in real life so I trusted the dude. I wouldn't use a site like this from a stranger though.
 

James Bond

Diamond Member
Jan 21, 2005
6,023
0
0
It seems like all the auctions stall with 1 second for about 2.5 seconds. Even more scamish.
 

gigahertz20

Golden Member
Apr 30, 2007
1,118
2
81
It seems like all the auctions stall with 1 second for about 2.5 seconds. Even more scamish.



Yeah I noticed that as well, can there really be that many people fast enough to bid on the final second of an auction constantly?

If only you knew when people would stop bidding on an item, you could get unbelievable prices for the products they sell. I have noticed some people get bull headed and don't stop bidding even when they have placed 50 bids or so at 60 cents a piece when the item is maybe only worth $30 or so.