Penny Bid Auctions are SCAMS

Penny auctions and and penny bid sites are straight up flat out scams. The clock will milk the penny, the penny will continue to role in and you will continue to lose your money to products that you will never win. The auction site will continue to profit and no one wins but the site owner. You don’t and I don’t personally know a single person who has won anything from any of those sites but there sure are hundreds of posts on the internet of ” I won from them and got a brand new car for $200″. Yeah? Who the heck are you?
Nothing more than an employee of the website, a search engine optimization dude trying to save face for the website he is working on, meanwhile helping scam the whole darn planet.

Look here to see what people are saying about the big one… Beezid

and more of the penny auction scams

Everyone is happy to find an alternative to EBAY. So they run to the penny auctions like they run to computerized slot machines. Nothing makes me hang my head more than that. but Ebay the once mighty and powerful money making website, where you profit, I profit and They profit is now just a place where they profit and no one is ever happy again. They own their money trading company that charges you per transaction, while they own a website that charges you per auction, based on the value of your auction, meanwhile also charges you for just the auction it’s self… I have no clue how they justify that other than “It’s my site I will do what ever I want”. So a person running an auction on ebay that uses paypal, gets hit up to three times (sometimes) per auction and pay out.Ebay got too greedy. decided that when they started losing users, they would make up the difference by cranking the price and making their existing users pay even more.
So everyone runs to the penny auctions. Why? because the penny auctions charge the bidders. Charge me to bid? How stupid do you look? No thank you.
Have you asked yourself one piece of the most logical question here? If everything sold on the website goes for less than a penny per dollar, who would be so stupid as to sell anything on a penny auction site? No one. The people selling the stuff do not exist. The items being sold, do not exist. You bid, you just paid the site owner because the clock keeps ticking, the clock just starts back over. And the penny costs you more than a penny (at almost all of the penny auctions) so you lose track of your cost. If that part in it’s self does not throw up redflags and you say “ehh it’s just change” then you are clearly the biggest tool of an idiot and exactly the moron they are looking for. You have a better chance of thinking how much you want to pay for said products, walk to the nearest wishing well and just chunks your money in and see if that product falls in your lap. Not very likely.
Penny auction sites are scams.
All of them.
Don’t be ripped off by them. Even if it’s just a couple bucks. Heck if you are just handing out money….

Is Ebay Gone Yet ?

Did you ever get a PayPal account ? Buy much of anything on Ebay ? Got charged for doing the express pay and the guy collecting at the other end got charged to receive the  payment, Meanwhile the person selling the item had to pay for holding the auction. In one year, It was 04 or 05 when I last cared to hold an auction on eBay, but in that one year I got 3 notices of price raises and a free three days to hold an auction. See the issue is, they make plenty of money buy us paying for the auction, and the  7 percent (if it’s still that low, I doubt it) to sell out items using their bandwidth) to make plenty of money buy just maintaining the servers, but no, they keep trying to come up with ways to collect more money  from what they already offer.

What two months ago Ebay blamed social networks on their downfall. Really?  a social site?? The only way a social site can cause an issue with a a company is the freedom of speech. What I mean by that is, telling everyone how you got done wrong. Well dang the ability to speak your mind. Others blame it on a weakening economy. Yes it’s the fact that we do not want to give up our physical possessions that we earned and once put our hands on in trade for 7% or more fees to sell on a network full of people who have mastered the system of gaming that site.

If it was not for the over price auction and every fee they can tax to the system, it would be because the 50/50 chance of getting hit by a scammer. you auction off your item and some guy wins at a nice hefty price you ship the item, eBay contacts you and says “wait payment is not complete and has been reversed due to A STOLEN ACCOUNT” …. ehh crap. Meanwhile the scammer sends out hundreds of emails from fake email accounts like  emailer1.ebay@yahoo.com   and the emails look like legit eBay emails saying ” Item paid for you must ship item now” . Go to your PayPal account and see the money was reversed and you never received, then you get fake PayPal emails Confirming the item was paid for.

How the person won the auction was to bid $40000000 over the actual value of the item assuring no one will win but him/her. Basically killed your chance to get money for what you earned, then  to complete the screwing, tries to steal the item from you.

If you get scammed and fall for anything from an eBay scammer you are at a 80% chance of eBay saying ” there is nothing we can do about this at this time but we are looking into it” .. Great.

See for a place that actually has very little to offer, no 100% assurance, they sure do keep raising their prices a whole lot.

Oh for a heads up.

Never ever buy a car remote from eBay.   You get the remote, you set your car to match it, he just mailed it to you so he has your home address and the matching remote.. 20 bucks and a car for  $45 worth of gas.. Nice.