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One of the most genius sites I have ever seen.

Posted: Sat Jul 10, 2010 4:03 am
by McLovin1t
http://www.quibids.com/landing/?v=1

It's genius in the terms that the makers are becoming pretty much rich, and I consider it pretty much gambling.
How it works: People bid for an object like a flatscreen, at REALLY low prices, with bid increments increasing by 1 cent. The catch, EACH BID COSTS 60 CENTS!
Basically, with $80.00 in bids for a flat screen, times .6 for the bidding, the site makes $4000 for selling a TV.
I think it's illegal lol.

Re: One of the most genius sites I have ever seen.

Posted: Sat Jul 10, 2010 4:06 am
by cpinney

Re: One of the most genius sites I have ever seen.

Posted: Sat Jul 10, 2010 4:23 am
by McLovin1t
lulz same thing. buy it nows are on both also

Re: One of the most genius sites I have ever seen.

Posted: Sat Jul 10, 2010 4:46 am
by cpinney
well... pfft.

Re: One of the most genius sites I have ever seen.

Posted: Sat Jul 10, 2010 4:49 am
by Ownage
I saw an ad on another forums, on the side and I thought it was just another fake but wow. That is genius!!! :D

Re: One of the most genius sites I have ever seen.

Posted: Sat Jul 10, 2010 4:58 am
by McLovin1t
Ik. I would never buy anything or even bid, but they made like 1600$ on a 200$ gift card lol.

Re: One of the most genius sites I have ever seen.

Posted: Sat Jul 10, 2010 5:12 am
by Ownage
I'm actually thinking of buying 1 before it becomes a huge hit and everyone wants something, but at that point it will become just as expensive as actually buying the thing irl, so not many people will do it.