According to penny auction site Joxed.com, they show 18,626 ended auctions since December 30th, 2009.
But were the items on Joxed auctioned off to real people or bots? It is in our opinion that it appears they have autobidders (bots) shill bidding on their auctions.
Joxed.com has a very low Alexa traffic ranking of 1,874,360 and hundreds-thousands [...]
Posts tagged as:
scam
It is in our opinion that the penny auction site CrayZbidZ.com has the autobidder (shill bot bidder) function switched on in their phpPennyauction.com script. If they are trying to make money doing this they truly are crazy. Be careful!
There are currently two penny auction sites for sale on the website marketplace Flippa.com that have autobidding shill bidders, the first is blatantly promoting the use of autobidding bots as a surefire way to make an easy profit.
1. BidStation.net
The seller of BidStation.net seems to be quite proud of the fact that the site he is [...]
“613Bid,” one of our forum members, has just investigated penny auction site PennyBiddr.com and requested we post his findings here. It looks like he may be right about this one, thank you 613bid, we appreciate your diligence!!
We already know that the PHPPennyAuction.com penny auction script has bot bidders programmed in (more on this coming soon- [...]
For10cents.com, the very same penny auction site that appeared to have left shill comments on the Penny Auction Watch forum, resulting in our terminating their ability to advertise with us gets an F from the Better Business Bureau of Chicago.
From BBB.org:
“BBB Rating for For10cents.com
Based on BBB files, For10cents.com has a BBB Rating of F on [...]
Just yesterday the owner of the late penny auction Yottabid.com came on the PAW forum and posted this message:
“Hello Everyone,
I watched the creation of this site as I ran Yottabid.com. You may remember us and there seems be some people willing to bash our name with no proof. It was unfortunate that we had to [...]
Have you tried the new penny auction site AnnieUp.com?
AnnieUp auctions items such as Bowflex Home Gyms (Valued at $1299), HDTV’s and pool tables. However, many users have posted in the forum telling us that they have won items with a very small amount of bids, but have not heard from AnnieUp. Users are concerned [...]
We have reason to believe that the owner of penny auction Bidtent.com, Ian Robinson, may have just been bidding against powerbidders on two auctions tonight under the username “comoestas.” He may have even won his own auction on December 13th: http://www.bidtent.com/auctions/view/126
Tonight’s auctions: $50 American Express Card http://www.bidtent.com/auctions/view/148 and a $50 Target Gift Card http://www.bidtent.com/auctions/view/146
Also, user [...]
Today, The Dominion Post, New Zealand published the article Penny Auctions Trouble Watchdogs, raising the question of legality and questioning whether penny auctions are akin to gambling.
A Consumer Affairs Victoria spokesman said that they had reservations about penny auctions,
“In a traditional online auction transaction, the losing bidder is not out of pocket.” According [...]
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