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07-05-2009, 02:58 PM
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#26 | | I only answer to my username, my real name is Irrelevant!
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gonna try my hand at this..... problem is the more they grow the worse it is for bidders
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07-05-2009, 03:06 PM
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#27 | | I only answer to my username, my real name is Irrelevant!
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swoopa probably has a system in place to see how many people are watching the auction, and they'll place their own bids as long as people are "gambling" and watching Quote: |
We now offer a new type of auction, which means that at a certain point in time, our auctions will become closed to new bidders. This means that just those who have placed at least one bid on the auction can continue to bid - giving our bidders a higher chance of winning and ensuring things heat up a bit. Swoopo reserves the right to choose when the closing point for each auction is, which is why we cannot let you know beforehand at which point auctions will become closed to new users. This new function will make our auctions more exciting, and subsequently offers you better chances of winning our auctions.
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Last edited by StylinRed; 07-05-2009 at 03:13 PM.
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07-05-2009, 03:07 PM
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#28 | | In RS I Trust
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Originally Posted by StylinRed  swoopa probably has a system in place to see how many people are watching the auction, and they'll place their own bids as long as people are "gambling" and watching | I was wondering that as well, look at the wii right now damm there making big bucks
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07-05-2009, 04:17 PM
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#29 | | I only answer to my username, my real name is Irrelevant!
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for some reason the time-remaining on this sony tv bid i was watching just shot up to 15mins even though there was only like 5 bids (at 10sec left)
its up to 70.77$ up a 0.01 every bid(1bid=0.65) = $4600.50 for a tv that costs $2600 at Futureshop or ($1800 if you buy from the states)
they're making a tonne o cash
it says the last auction for it sold at $126.04=$8192.60 in bids + $126.04=$8318.64 the website made and whatever overheard they have off of shipping
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07-05-2009, 04:20 PM
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#30 | | In RS I Trust
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did u buy any bids yet?
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07-05-2009, 04:25 PM
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#31 | | I only answer to my username, my real name is Irrelevant!
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yeah i bought a 40pack and theres a promotion now for buy1 get1 so i got 80bids
will probably have to check back later tonight (the bidding will probably still be going)
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07-05-2009, 06:16 PM
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#32 | | I WANT MY 10 YEARS BACK FROM RS.net!
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the PS3 80 seems like a good deal
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07-05-2009, 06:35 PM
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#33 | | The "You'd Know" Moderator
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Sure feels like a new online gambling site.
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Ezekiel 25:17. The path of the righteous man is beset on all sides by the inequities of the selfish and the tyranny of evil men. Blessed is he who, in the name of charity and good will, shepherds the weak through the valley of the darkness. For he is truly his brother's keeper and the finder of lost children. And I will strike down upon thee with great vengeance and furious anger those who attempt to poison and destroy my brothers. And you will know I am the Lord when I lay my vengeance upon you. | |
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07-05-2009, 07:10 PM
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#34 | | In RS I Trust
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I saw a nikon d90 go for $9.80 O.o I was going to bid but didn't think it would go so low
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07-05-2009, 07:20 PM
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#35 | | The "You'd Know" Moderator
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Everytime you bid, the time limit goes up and $ goes to the site owner. Your chance on getting a good deal is based on the misfortune of others.
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Ezekiel 25:17. The path of the righteous man is beset on all sides by the inequities of the selfish and the tyranny of evil men. Blessed is he who, in the name of charity and good will, shepherds the weak through the valley of the darkness. For he is truly his brother's keeper and the finder of lost children. And I will strike down upon thee with great vengeance and furious anger those who attempt to poison and destroy my brothers. And you will know I am the Lord when I lay my vengeance upon you. | |
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07-05-2009, 09:07 PM
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#36 | | I WANT MY 10 YEARS BACK FROM RS.net!
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$0.65 every $0.12 increment...lol
so every dollar increases on the auction price, Swoop makes $5.42  am I correct?
For an item that is $100cdn...they make money once it hits $18.45...holy shit, they are smart...hahah
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07-05-2009, 09:31 PM
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#37 | | RS.net, where our google ads make absolutely no sense!
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^its more than that. the increment changes as per item. I'm not sure if its dependent on the item or item price, but this macbook i was curious about changed in increments of a penny.
the macbook sold for about 35 dollars.assuming it was a penny per bid from the start and 12c starting price:
35 dollars ->3500 cents -12 ->3488 bids at 65 cents each -->>2267+35dollars final price -->>2302-1500 retail -->> one macbook made them ~800 dollars.
check my math?
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07-05-2009, 09:45 PM
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#38 | | RS.net, where our google ads make absolutely no sense!
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their bidbutler thing is a scam.
if your range is too high, you lost no money but never had a chance to get it
if your range is too low, you wasted a bunch of money to get nothing
if your range is too broad, and you're the only one with bid butler, you may use up all of your bids within the first minute of being in the range of your price.
if there are two bid butlers, all their bids are throw down automatically and the one with the more number of bids within that range wins.
still trying to wrap my head around it.. but it seems like..
winning bidder = winner. website = winner. the 100s of other people that bid but didn't tough it out = suckers.
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07-05-2009, 10:38 PM
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#39 | | I only answer to my username, my real name is Irrelevant!
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tv i was watching (but ended up giving up the monitoring on it) sold at $90 something
they're selling an Acer Aspire laptop atm but showing a picture for an HP and giving details of a HP laptop
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07-05-2009, 10:49 PM
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#40 | | Rs has made me the man i am today!
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LOL
i see an auction on bids voucher
essentially, they're making money from money
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Originally Posted by orgasm_donor organge7 has spoken, and we have done the opposite. yay! | | |
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07-05-2009, 10:51 PM
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#41 | | I only answer to my username, my real name is Irrelevant!
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there's an auction for a 1oz gold bar but the description talks about a limited edition watch yet the picture shows a gold bar oO
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07-06-2009, 12:07 AM
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#42 | | The RS Freebie guru
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Very interesting business model...
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07-06-2009, 12:40 AM
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#43 | | I only answer to my username, my real name is Irrelevant!
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ok..... a Canon EOS auction was about to end with not enough bids for the website to make their money back on the item and the timer shot up to 5hrs
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07-06-2009, 01:10 AM
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#44 | | HELP ME PLS!!!
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damn, this takes forever............
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07-06-2009, 01:23 AM
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#45 | | RS.net, where our google ads make absolutely no sense!
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X= retail price
r = increment amount
f = minimum final price
x = (f-.12)*.65/r + f
=> f = (rx+.078)/(.65+r)
don't bid less than f plus a couple bucks.
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07-06-2009, 09:07 AM
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#46 | | I have named my kids VIC and VLS
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I bought the 40 pack probably gonna wait till the middle of the night or somthing to blow my bids
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07-06-2009, 10:47 AM
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#47 | | Everyone wants a piece of R S...
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| let's work together
i just created the username Swpobot1012
who wants to be Swpobotxxxx.....................
one for all and all for one..
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07-06-2009, 12:03 PM
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#48 | | I only answer to my username, my real name is Irrelevant!
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Originally Posted by Hondaracer I bought the 40 pack probably gonna wait till the middle of the night or somthing to blow my bids | doesn't work like that.... they've seem to have timed their auctions to expire during the day.... and if its going to expire during the night (and it doesn't meet their minimum price) the timer will just increase a few hours on its own... also if there's an auction thats gone on til the evening it'll likely be closed to new bidders
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07-06-2009, 01:45 PM
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#49 | | I have named my kids VIC and VLS
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Hmm after watching and betting on some items this whole thing is kind if stupid, betting seems so futile especially when a higher price item is running out of time
feels like I wasted $30..
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Dank memes cant melt steel beams
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07-06-2009, 04:43 PM
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#50 | | HELP ME PLS!!!
Join Date: Jan 2005 Location: Vancouver
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Originally Posted by StylinRed doesn't work like that.... they've seem to have timed their auctions to expire during the day.... and if its going to expire during the night (and it doesn't meet their minimum price) the timer will just increase a few hours on its own... also if there's an auction thats gone on til the evening it'll likely be closed to new bidders | The only reason why some items get pushed back for a couple of hours is when some dumbass members begin abusing the Bidbutler function, wasting precious bids.
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