[daneault23]

Quibids is a website that works like this: People buy items at a discounted price, however the price that the item is sold for is not the price you really paid. There is a timer so that whoever has the highest bid when the clock runs out, gets the item. Each bid costs 60 cents and adds like 10 more seconds onto the timer. Have you or anyone you know tried this before? Is it worth it?

[cecil127]

I know someone who bought into it....scam like everything else.

"....70" FLATSCREEN TV's for $23"......yea right!!!!

[tb1984]

I know someone who bought into it....scam like everything else.

"....70" FLATSCREEN TV's for $23"......yea right!!!!

[killawookie]

Sad part is.. they reset the auction timer last second until they get their worth of the auction bids you have to buy put into that item. It's as much as a scam as your gonna get.

[Kermit]

That place is printing money. The original scam website was called swoopo. Auctions can last forever as long as someone makes a penny bid to increase the timer, then they have auto bidders where bids are placed automatically. I've seen 2k televisions sell for $50, but the real amount taken in was over $15,000.

I don't how these websites are allowed to exist.

You have people actually bidding on bids. $100 worth of bids will actually make over $500.

[daneault23]

Haha thanks for the input guys. wasn't going to actually bid on anything, just was reading some stuff on it. A family friend of ours bought a TV off of some site similar to that one, and never got the thing lol.

[tokio]

So to bid on an item cost you $.60 even if you are bidding $.01? If thats the case, these crooks are making a killing. Imagine how many $.01 bids are going through if an item sells for $50. If the math is right, a $50 item that has five hundred $.01 bids will rake in $3000.

[Thor4140]

So to bid on an item cost you $.60 even if you are bidding $.01? If thats the case, these crooks are making a killing. Imagine how many $.01 bids are going through if an item sells for $50. If the math is right, a $50 item that has five hundred $.01 bids will rake in $3000.

i joined the site cause i thought the first 100 bids were free. Like u said these guys are making money hand over fist. I spent 60bucks on those bids the mother fuckers. Im sure these pricks have their guys bidding as well to drive the bids up and i bet they pay nothing per bid. i did win my first bid today. For a penny i won this ring. Say's it is worth 40 bucks. i bet it looks like it was in a gum machine.

[marcoloco]

they had a genius idea. I thought it woudnt last long but they only seem to be growing