Horneto Tells Us They Don’t Us Bots

hornetoThe “P2p Money Penny Auction” Horneto.com just wrote to tell us that they do not use computer generated robot bidders (shills), they also told us that they were not HasteNo.com they just purchased their software. Read what they have to say:

“Recently the solutions of the cent auction have become more and more popular in the world due to major discounts and a thrilling purchase process. Unfortunately, some web pages try to trick customers with “robots“, giving the impression that many active customers are visiting the page. Hereby, we would like to introduce a completely new solution for a cent auction – Horneto.com, which excludes the option of robots bidding against customers of the web page.

We would like to explain how Horneto.com differs from the other portals of cent auctions. Currently, the following principle of the cent auction is used: only the owner of the web page can arrange auctions on the page. Bidding starts at very low prices (e.g. $0) and a customer has to pay a certain sum ($0.7 on average) for every bidding, thus increasing the price of the item a little (e.g. $0.01). It means that the final price of the product will be very low (e.g. an item, which final price is $10 actually brings in $700 to the auction organizer and the owner of the web page). The profit of a cent auction is actually formed by the cost of single biddings (not the final price at the auction as it is at traditional auctions). The auction has no definite end time and every bidding prolongs the auction time (e.g. 1 minute). It means that the auction ends when no biddings are made during that period. Unfortunately, it is not possible to see other bidders against whom one is bidding and at this point criminal elements have introduced “robots” bidding against real customers.

When the owner of the web page has a “bidding robot”, which can bid for him without paying anything, it makes it impossible for the actual customer to win an auction. The customer has to make another bid in order to gain the item, and so on. Robots and adding time guarantees makes possible to auction owner not to sell goods with loss and this is the scheme how people are robbed of their money.

At this point the new solution of Horneto.com comes into play and makes it impossible to use robots against customers on our webpage. Horneto offers no ordinary cent auction but at the same time has retained its advantages and excitement so that the entire process has become more transparent. Every bid made by a customer in Horneto.com has a certain value as it is at any other cent auction. The money earned does not go directly into the pockets of the auction organizer but to the award fund of a certain auction. Auctions organized by Horneto.com involve no items but money that different customers bid at the auction. Thus, the award fund increases during the auction on the account of customers’ biddings. All customers see every bidding and there is no chance of tricking people. As the winner of the auction receives money instead of a product, it may be used for buying something nice in Amazon or Ebay for example, or just for some personal purpose.

A cent auction is a new and exciting entertainment form of an auction, however, swindlers have discovered and used it profitably, spreading fear among people. This is the reason why Horneto.com wants the cent auction to become an exciting and safe entertainment among other auction solutions again.”

Thanks Horneto, we’ll be watching! Please feel free to join the forum and discuss Horneto and other penny/cent auctions!

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1 comment… add one
  • Dennis Ponchel November 20, 2009, 9:13 am

    Horneto.com is a complete scam. I was the leading bidder on the auction and time was up. All of a sudden i got kicked out of the site. It took 15 minutes before i could get on the site again. And all of a sudeen apple was the winner. they have only given out around 500.00 and apple won about 350.00. I will try to report them for fraud.

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