Quibids.com
 

Anyone tried?

I went diggin around and it seems like its a legit idea
Overheard someone saying they scored a $200 bestbuy giftcard for like bux

Went to dig around and each bid costs 1c to make or something

I have not used it but i have heard as long as people are bidding when the timer approaches zero it goes back up in time. I am sure some people do score on there but you can be pretty sure the company themselves are getting more than what the products are worth because of the amount of bids.

at 60c a bid
probably. im tempted to try..

Scam.

Don't even.

Stay away, huge scam.
Just google it and find out all the ways its shady.

I heard they take all the losing bids. Lets say you bid $8 and didn't end up winning, your $8 will be gone. Not sure if its the same for this site.

biggest scam ever.

You'll have better luck taking your money to the casino and trying to earn enough money to buy whatever it is you want.

you pay if you win or lose the bid.

"I got an Ipad 3 for just 18 cents!"
Start biding todayyy...........

Scam, lots of material on web searches saying its a waste of yime

Look on the bottom left...

"Is not an actual user but a paid actor."

These sites actually give you the items for the price. But they make more money cuz a shitload of people place bids. You'll be sitting there for hours until someone actually wins. Mostly people spend about 200 bids before they win.

I wonder how much the website owners are making off of this.. lol

Its not a scam.. just really hard to win because you are bidding against other live people that are thinking the same way as you.. I use Beezid.com.. I won a 200$ camera for like 8 bucks including shipping.. I have lost quite a bit of money on this too.. Each bid is 60 cents and you buy bid packs. For example 500 bids for like 300$.. you then bid on items and each bid placed will increase the price of the item by 1 cent. As the timer gets closer to 0, each bid placed will reset the timer back up to 8 seconds (10 seconds, or 15 seconds). You have to be the bidder on top when the timer hits SOLD, essentially people have to not bid on top of you.
The companies MAKE A CRAZY amount of cash.
Lets say you are bidding on a 1000$ TV, and the price gets to 50$ by people constantly bidding and increasing the price by 1 cent. SO we are looking at 60 cents a bid everytime someone bids. 50 dollars is 5000 bids placed. 5000*.60 = 3000$..
So people are thinking wow i got this TV for 50$ BUT IN REALITY the company made insane profit on only 1 item.
So thats my experience. They are not a scam and honor their commitments, even if you are lucky enough to get an item at 1 cent with 1 bid they will still send it to you for that price.
Thanks,

It is both a scam and a lottery.

The system is extremely shady, and there is no accountability.

Is there a way to know you're only dealing with other human bidders, or does the system automatically put in fake bids if they want the auction to keep going?

Yes, if you're lucky, you can end up paying very little to get an item, but on the other hand, most times you'll spend money placing bids and end up with nothing.

The only winner here in the long run is the site.

:werd:

Definitely legit guys, better get on this.

QuiBids, Welcome to QuiBids Online Auctions! - QuiBids.com

saw the tv ads, looks shady as hell.

think of it this way ... YOU PERSONALLY yes you could save a lot of money
at $0.60 per bid + whatever price you pay winning the auction

eg) you win a PS3 at $60 or something ... but it is a penny auction ... so think about how much Quibids is making selling the PS3 at $60, that is 6000 bids at $0.60 each

you get a PS3 for $60 + shipping and handling, but quibids just sold the PS3 for over $3600

you be the judge whether it's a scam or not ~ if you choose to participate ... GL

it's basically gambling with horrible odds.

Someone above said 60cents per bid.
I looked at the items that have been won and there were 466 Real bids for an iPad 2 16GB.
466 X $0.60 = $279.6 unless I calculated wrong.

^oh? I was just guesstimating a PS3 might sell for $60
I guess if that's what you saw ... then the iPad2 sold for $4.66? Unlikely?

*edit*
anyways ... i only skimmed through what they're all about cause it seemed kinda obvious to me it's a money making SCHEME ~ scheme / scam / whatever you wanna call it ... just saying OP should watch out cause it's definitely shady

basically say an ipad sells for 8bux

u compete with others for this. so say u've put in 4 bits at 60c a piece
u technically won the ipad for $20 + $2.40 + S&H so guess maybe $30 net. i dont know.

each bid u make puts the price up by 1c

Quibids just sold 2000 bids at 60c each. $2000x0.60= $1200

so it looks like this is just another form of gambling
gonna read more into this later and try my luck at a giftcard, if it costs me 5bux whatever. if i win. then great

It's a scam. posted about this along time ago.