Quibids is one of the scammy-iest "auction" site abound. It's name is called Penny-Scam Auction
The gist for those that do now know: you buy bid-packs. A bid costs .60$, per BID. This doesn't matter if you "win" the item. If you do "win" (gamification abound), then you pay what the bid was brought up to. The other scam-note is that bids increase usually by $.01 so you see shit like "XYZ WON AN IPAD FOR 2.73$ !!!". While in reality, the "winner" pays $2.73+$40 in bids, along with everyone else to get the permission to bid.
If you type in quibids in google, the top auto-fill is SCAM. Just go look it up.
Btw UnFundedHype: I hope your scam of a business fails, and fails hard. You know better than this shit.
I can get just as many links for ebay and craigslist "scams"
It's no different than a gaming tournament where you pay a $10 entry fee.
You'd keep yourself from popping a vein if you just asked how does yours prevent the headaches of quibids.
Everything I didn't like about quibids I removed from dreamybids.
1. There are plenty of ways to get free bids, you don't even have to buy 1 bid.
2. One of the auction formats, everyone in the auction gets x amount of free bids. Each bid the final price goes up x amount of cents. At the end of the auction the winner pays the final price, if you didn't win the auction it costs you nothing since you never bought bids. Like this free auction http://www.dreamybids.com/contest.php?id=332
3. You can host your own auctions. So even if you did lose $50 in bids, put up an item of your own and make your money back. If we collect 30% more than the retail price of the item, you'd get 50% of the overage, so you can make way more than you would from selling an item on ebay or craigslist.
4. There are some great gamification tools that allow you to freeze the bid of the next bidder, or buy the timer down, or block a power bidder from joining an auction. Also once the auction starts new participants can't jump in.
Asking questions keeps you from being theamazingidiot
The gist for those that do now know: you buy bid-packs. A bid costs .60$, per BID. This doesn't matter if you "win" the item. If you do "win" (gamification abound), then you pay what the bid was brought up to. The other scam-note is that bids increase usually by $.01 so you see shit like "XYZ WON AN IPAD FOR 2.73$ !!!". While in reality, the "winner" pays $2.73+$40 in bids, along with everyone else to get the permission to bid.
If you type in quibids in google, the top auto-fill is SCAM. Just go look it up.
Btw UnFundedHype: I hope your scam of a business fails, and fails hard. You know better than this shit.