Popularity Poll

Moonliner · 04-18-2011, 01:06 PM

Doh!

What an idiot I am. I used this little social game to have a bit of fun.

The folks over at QuBids are using much the same concept to make money hand over fist. In essence you purchase "bids" for $0.60 each. You can then use them to bid on items like iPads and HD TV's. Auctions start at one cent and each time someone bids the price goes up one cent. An item is sold when there are no bids on it for 10 seconds.

For example, an iPad just sold for $27. Meaning before the lucky bidder won the iPad for $27 there were 2,700 bids of $.60 cents each for a total of: $1620 + the selling price of $27 means the site owners received $1,647 for the iPad.

Genius! P.T. Barnum must be rolling over in his grave. There truly is one born every minute.

View Poll Results: Pick the one with the LEAST number of votes
Rock	5	17.24%
Sissors	4	13.79%
Paper	12	41.38%
Spock	8	27.59%
Voters: 29. You may not vote on this poll

04-18-2011, 01:06 PM	#19
Moonliner 8/30/14 - Disneyland -10k or Bust. Join Date: Jan 2005 Posts: 9,022	Doh! What an idiot I am. I used this little social game to have a bit of fun. The folks over at QuBids are using much the same concept to make money hand over fist. In essence you purchase "bids" for $0.60 each. You can then use them to bid on items like iPads and HD TV's. Auctions start at one cent and each time someone bids the price goes up one cent. An item is sold when there are no bids on it for 10 seconds. For example, an iPad just sold for $27. Meaning before the lucky bidder won the iPad for $27 there were 2,700 bids of $.60 cents each for a total of: $1620 + the selling price of $27 means the site owners received $1,647 for the iPad. Genius! P.T. Barnum must be rolling over in his grave. There truly is one born every minute. __________________ - Taking it one step at a time.
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