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How about the Quibids and related sites?

AlDente67
in General Discussion

Featured Replies

I see the TV add every 5 minutes for the auction site that appears just like Quibids - "I won this mixer for $32!" with the awful actors.  The ads fail because I can't even recall the name of the site.

 

Has anyone ever tried one of these?  My impression is that the site makes off like bandits while the bidders end up wasting 60 cent bids on a never-ending auction.

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    I'm pretty sure you are correct

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    My understanding is you have to pay to bid then once you win that item you have to pay the bid price.

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    Best money making scheme ever.  Swoopo was the original and made a killing.  I've done some very extensive research on them so I know the business fairly well.

     

    When I was in college, I founded one of these sites but unfortunately I had to part ways with the other partners due to creative differences, but that's a different story.

     

    Point is, they're awesome for the owners of the site, but terrible for the consumer unless you're EXTREMELY lucky.  Some of the sites use shill bidding systems to get people to bid more and a lot of them will let people from all over the world bid so realistically it makes it hard to win anything.  What should be the best time of day for you to win something (either in the middle of the night or mid day) is a more convenient time for someone in a different time zone.

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    Best money making scheme ever.

     

    You mean I can't really win a car for $99?

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    I disagree!

    I got a great deal on a Sham-Wow and it only cost me $29.99

     

     

    :facepalm:

    I got a great deal on a roll of paper towels... $.99, and I get to throw away whatever I was cleaning up, instead of putting it in my washing machine....

     

    My understanding is you have to pay to bid then once you win that item you have to pay the bid price.

    mmmmm, Quibids.... Scam-tastically, scam-a-ilicious

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    Did you mean "penny gun auction"?

     

    Biggest scam going but hey I know people that fell for that "direct buy" club.

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