QuiBids
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The Pacifier
Joined: Jan 2003
Posts: 8,245
Likes: 7
From: Cloverdale, BC
QuiBids
Elder User
Joined: Aug 2011
Posts: 709
Likes: 0
From: Virginia
I've seen that. That's some pretty sketchy $h1t. Read through the topics and tell me if QuiBids sounds like a good way to spend your money. You purchase "bids". 
Just from reading around their website, I'm not sure how it's legal. I can only imagine how many people they've ripped off because they thought they were bidding on an item how a normal person would expect (i.e. an auction, ebay, etc).
QuiBids.com - QuiBids 101: The 3 Biggest Mistakes Beginners Make
Just from reading around their website, I'm not sure how it's legal. I can only imagine how many people they've ripped off because they thought they were bidding on an item how a normal person would expect (i.e. an auction, ebay, etc).QuiBids.com - QuiBids 101: The 3 Biggest Mistakes Beginners Make
Elder User
Joined: Aug 2011
Posts: 709
Likes: 0
From: Virginia
What determines when an auction ends? It seems like the timer is reset back to 10 seconds as people continue to bid, then suddenly the auction is over and the item is SOLD even though people are still bidding, right!? So, at some point, does the auction just end regardless of whether bids are still be entered? Thanks.
jfarrand@QuiBids Says:
The timer is reset each time a person bids, therefore, an auction ends when no one else bids. It never ends when people are still bidding. We want everyone to have a fair chance.
The timer is reset each time a person bids, therefore, an auction ends when no one else bids. It never ends when people are still bidding. We want everyone to have a fair chance.
In a nutshell...they use false advertising (i.e. 15" Macbook sold for $5) to lure in people to bid on items on the false pretense that it's an auction. It's ebay (in that you're bidding on an item) where you pay for the right to enter a bid () and the auction never ends as long as people are still bidding.
Hotshot
Joined: Jun 2003
Posts: 12,317
Likes: 4,336
From: SW VA
I checked into one of the first ones that started (before Quibids...I forget the name of it), and they are all pretty much a scam.
You pay something like $10 for 15 bids. Each bid only raises the price of the item $0.01
You can just imagine how much money the website rakes in when the "sale price" is in the double and triple digit numbers...
You pay something like $10 for 15 bids. Each bid only raises the price of the item $0.01
You can just imagine how much money the website rakes in when the "sale price" is in the double and triple digit numbers...
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