Welcome Guest ( Log In | Register )

Outline · [ Standard ] · Linear+

> www.pennyauction.com.my Serious Talk

views
     
vorchiel
post Jul 1 2009, 03:09 PM

ლ(ಠ_ಠ ლ)
****
Senior Member
666 posts

Joined: Jan 2003
From: Left Hand Society, West London
QUOTE(jackal1950 @ Jul 1 2009, 03:06 PM)
really dont know they grant the winner the item or not. or last minute their staff will bid.
*
ofcos staff will win
the item can be reused again and again
vorchiel
post Jul 1 2009, 03:52 PM

ლ(ಠ_ಠ ლ)
****
Senior Member
666 posts

Joined: Jan 2003
From: Left Hand Society, West London
QUOTE(jackal1950 @ Jul 1 2009, 03:44 PM)
how about swoopo.com?

please take a look at http://www.alexa.com/siteinfo/swoopo.com

i wonder how many staff they need in order to bid at the last minute

how they sustain if people know it is a scam?
*
bot ~ staff
vorchiel
post Jul 1 2009, 05:02 PM

ლ(ಠ_ಠ ლ)
****
Senior Member
666 posts

Joined: Jan 2003
From: Left Hand Society, West London
QUOTE(Xonius @ Jul 1 2009, 04:59 PM)
it looks like a scam or con but done in a creative way designed to lure greedy people who cant do simple math.

also the staff could easily place the last bid (or even rig the system) to ensure that they do not lose the item when they can't earn any profit.

it is however a very lucrative way to make money, lol.
*
lottery disguised as auction

can report or not
vorchiel
post Jul 1 2009, 05:16 PM

ლ(ಠ_ಠ ლ)
****
Senior Member
666 posts

Joined: Jan 2003
From: Left Hand Society, West London
staff/founder maybe

thats why can kaotim with vijay to get adspace. old member
vorchiel
post Jul 1 2009, 05:44 PM

ლ(ಠ_ಠ ლ)
****
Senior Member
666 posts

Joined: Jan 2003
From: Left Hand Society, West London
QUOTE(jackal1950 @ Jul 1 2009, 05:40 PM)
he really waste a lot of bids for the item. i wonder they grant the item or not. wait until he reply here.
*
» Click to show Spoiler - click again to hide... «


there is a winner in the other thread.

like i said, gambling disguised as auctions

This post has been edited by vorchiel: Jul 1 2009, 05:46 PM
vorchiel
post Jul 2 2009, 09:41 PM

ლ(ಠ_ಠ ლ)
****
Senior Member
666 posts

Joined: Jan 2003
From: Left Hand Society, West London
bidding on ebay is free

the commission that ebay gets is in fixed percentage, based on the closing price. if on ebay, if you dont win, then that's it. no hidden charges

penny auction is quite a clever idea i agree
getting interests on those advanced payments for credits
then 'funding' the prices of the prizes from the bidders, making profits along the way.

well, good luck to your auction site.
vorchiel
post Jul 8 2009, 03:11 PM

ლ(ಠ_ಠ ლ)
****
Senior Member
666 posts

Joined: Jan 2003
From: Left Hand Society, West London
some ppl also lucky buying 4d for the first time and straightaway wins

for every lucky person, there are n unlucky/stupid person

Bump Topic Add ReplyOptions New Topic
 

Change to:
| Lo-Fi Version
0.0144sec    0.75    6 queries    GZIP Disabled
Time is now: 13th December 2025 - 09:48 AM