I basically read the terms and conditions quickly and took the bait about the site being better than ebay... I signed up and entered in credit card information same as when I signed up for ebay. Then literally seconds passed and an email appeared with a charge of 60.00 to my credit card. I knew immediately I had made a very bad decision and read CAREFULLY into the terms... Quibids charges ahead of time for a "bid pack" and when you log into the site and place a bid your name will appear for a moment, then quickly be replaced by another bid. It looks very much like a scam and is almost certainly making some group of investors extremely rich. I know I will never go back to the site and they can keep my 59.40 that I leave behind in disgust. Promptly cutting up my credit card and calling credit company to explain suspected fraudulent site has my credit card number... STAY AWAY AT ALL COSTS!