Subject, basically. I can't see any way this can even be partially defendable, considering that there are "free bids" available somehow, to some people, and there's no way to tell if Swoopo themselves aren't shilling their own wares. I mean, it's to their benefit to have shill accounts, so why wouldn't they?
Anybody been able to use it successfully to win stuff that, after all was said and done, was *actually* significantly discounted?
Is Swoopo.com a total freaking scam?
Well, snap!Ceph wrote:Without having any idea what this is about, what were you expecting with a name like that, Swoopo?
PS.
Try ebid.net if you are looking for ebay alternatives.
I guess I was just wondering if anybody had actually struck gold with the place. It sounds like my assumptions were correct. It was just something that I quickly checked out on a tangent link on my daily trip online.
swoopo's idea isn't a bad one, just that people like us don't think people are that stupid... but then again, it's basically just gambling and we have cities based completely on that.
basically you can get a great deal if you have more money than someone else you're bidding againt, or you just happen to bid once someone else has run out of funds. you spent $1 to bid to pay $6.00 on a ps3, thats a deal... right?
of course this is the matter of "deal" to the user of the site, not to the conglomeration of users on the site, which collectively not only have paid for the cost of the item (600 dollars in penny bids), but also paid for swoopo.com's bankroll.
i read somewhere that some guy did simple math, and that at least of a certain auction type there only had to be bids up to 1/8th of the cost of the item and swoopo.com will break even. how with some other auctions, like penny auctions, the numbers are a bit different.
i think my main issue is i give people too much credit in the smarts department, when obviously i need to exploit people with schemes like these to get ahead.
of course, the more people using swoopo.com the more the site will make. it's a rather genius and dirty plan.
basically you can get a great deal if you have more money than someone else you're bidding againt, or you just happen to bid once someone else has run out of funds. you spent $1 to bid to pay $6.00 on a ps3, thats a deal... right?
of course this is the matter of "deal" to the user of the site, not to the conglomeration of users on the site, which collectively not only have paid for the cost of the item (600 dollars in penny bids), but also paid for swoopo.com's bankroll.
i read somewhere that some guy did simple math, and that at least of a certain auction type there only had to be bids up to 1/8th of the cost of the item and swoopo.com will break even. how with some other auctions, like penny auctions, the numbers are a bit different.
i think my main issue is i give people too much credit in the smarts department, when obviously i need to exploit people with schemes like these to get ahead.
of course, the more people using swoopo.com the more the site will make. it's a rather genius and dirty plan.