I'm relatively new to the world of penny auctions. I've mainly just been watching auctions and have recently been introduidced to the AllPennyAuctions site where you can view people's bidding history.
I'll use one as an example, but I have seen several of users that fit the same profile.
So the user I'm currently looking at has the following:
Bids Placed: 29,516
Spent/Won: $23,014.25 / $7,399.81
So, this person has spent 23k using this website and is collectively down 15.6K!!!!????
This baffles me. Surely nobody is that stupid to get stuck on an auction site to the point where they're that far out of pocket? My questions are:
1) Is this person using stolen credit cards therefore making it pointless for me to compete against assuming they're never going to give up?
2) Could this be a bot or some sort of inside job by the website itself?
3) Could this person really be that stupid. Taking into mind, I have seen at least 10 different people with the same sort of profile.