KarlS Posted January 29, 2011 Share #1 Posted January 29, 2011 Has anyone here bought anything on QuiBuds? I haven't signed up yet but have been watching items and it's unbelievable how cheap items sell for and shipping is reasonable. Wanting to know if anyone has won bids and are pleased with the site before I spend $60.00 to get a bid package. Thanks. Link to comment Share on other sites More sharing options...
etcswjoe Posted January 29, 2011 Share #2 Posted January 29, 2011 It's a Penny Auction site, I have read nothing decent about them, IMHO do not waste your money. http://reviewopedia.com/workathome/quibids-com-reviews-is-quibids-a-scam/ Link to comment Share on other sites More sharing options...
Flyinfool Posted January 29, 2011 Share #3 Posted January 29, 2011 Google it. It is a major rip off. If you want to throw money away come visit me, I'll supply the ice cream. It will cost you $0.60 to make each 1 or 2 cent bid. You will be out bid within 15 seconds by there own system, They keep doing this till they have made at least 10 times the value of the item by charging $60 for each 1 penny bid. If you watch the "auctions" close you will see certain names making hundreds if not thousands of bids per day, but they never win anything. So you know that the site is loaded with shill bidders. Yes they give you the option of applying all of your bids on an item toward buying it at MSRP. Look at some of the items and do the math to see what it really cost at $.60 per penny of bid. Link to comment Share on other sites More sharing options...
MikeWa Posted January 29, 2011 Share #4 Posted January 29, 2011 Go to the casino and play the penny slots.You have a much better chance. Mike Link to comment Share on other sites More sharing options...
dray Posted January 29, 2011 Share #5 Posted January 29, 2011 Google it. It is a major rip off. If you want to throw money away come visit me, I'll supply the ice cream. It will cost you $0.60 to make each 1 or 2 cent bid. You will be out bid within 15 seconds by there own system, They keep doing this till they have made at least 10 times the value of the item by charging $60 for each 1 penny bid. If you watch the "auctions" close you will see certain names making hundreds if not thousands of bids per day, but they never win anything. So you know that the site is loaded with shill bidders. Yes they give you the option of applying all of your bids on an item toward buying it at MSRP. Look at some of the items and do the math to see what it really cost at $.60 per penny of bid. I have looked at a few of these sites and your right just go buy a new one at the store its a better deal Link to comment Share on other sites More sharing options...
Bobby G Posted January 31, 2011 Share #6 Posted January 31, 2011 New cars for $960? iPads for $8? Please..... (WC Fields and my ole daddy were right on the money....if it sounds too good to be true, it is. And there's a sucker born every minute!) Link to comment Share on other sites More sharing options...
dray Posted January 31, 2011 Share #7 Posted January 31, 2011 New cars for $960? iPads for $8? Please..... (WC Fields and my ole daddy were right on the money....if it sounds too good to be true, it is. And there's a sucker born every minute!) 8 bucks for an Ipad at .60 cent for each one cent bid is a great deal for some one getting the 480. dollars....... so who is getting the DEAL? Link to comment Share on other sites More sharing options...
Guest tx2sturgis Posted January 31, 2011 Share #8 Posted January 31, 2011 (edited) Think of Quibid and the other penny auction sites as you would gambling. Or a raffle. Many of the bidders contribute money, but only one in a hundred, or one in a thousand, actually win. I have a friend who recently 'invested' in Iraqi Dinars. OK...but its really no more than gambling. She paid $1100 for a pile of about 1.2 million Iraqi Dinars..and right now they are worth 20% less than that already, but she is gambling that in a few years, the currency will actually be worth something. Hey, as long as you know the odds going in, have a blast! (its your money, not mine, so I can say that) Edited January 31, 2011 by tx2sturgis Link to comment Share on other sites More sharing options...
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