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Maybe you found this article because you’ve recently stumbled upon Swoopo, BidRay, BidCactus, BidFire, BidRodeo, Beezid or the like, you’re in awe of the pay-per-bid, penny auction concept. You watch the auction timers tick down and back up again (10,9,8,7….20..3.2..19…) for hours, hundreds (even thousands) [...]
The use of bidding bots should (if they are not already) be illegal. The use of them to bid against people (swindling) is totally unethical.
We posted this photo back in August (thanks Duncan!). It’s an appropriate reminder to all penny auction, (pay-per-bid, bid-fee, entertainment shopping, reverse auctions, unique bid auctions, reveal/Dutch auctions) that are blatantly [...]
Expect to see a wave of new penny auctions. Developers are getting in on the trend and selling reverse auction software. On eBay, for a whole $75, you can buy your own penny auction site and for $50 more they will advertise for you to get “1000’s of users.”
The ultimate question: Will they be the [...]
