clancy c.

A COMPLETE AND ABSOLUTE SCAM. I was very interested in this site after reading an article about it on online. Being an analytical sort, I decided to watch it closely for a while. (and by closely, I mean i actually stared at my computer and counted, on paper, the number of bids being made by certain constant bidders) The item on auction was a simple netbook computer worth just over $300 retail. I witnessed not 1, not 2, but 3 bidders bid enough times so that their total cost was well beyond the retail price of the item. In the end, one of the three persistent bidders won a $300 netbook, for which he paid well over $400. No one, and I mean NO ONE, can tell me those three bidders weren't QuiBid bots!

I understand that all bids can be applied to a credit towards buying the item at retail. BUT... it is obvious to me that you are not always bidding against other hopeful customers. Instead, you are bidding against the company itself which is trying to keep the auction going... at $0.60 a pop. This is unconscionable!