IS QUIBIDS A SCAM OR ARE YOU PLAYING AGAINST BOTS?

 BOT?

It is easy to label something as a scam but saying something is a scam just because you lost money, you do not understand how a system works, and your angry does not make that statement true.

In the world of the internet there are hundreds of different sites out there where the sole purpose of existing is to make money.

If the site does not make money it will not stick around long and it will move on to something else until whoever is thinking up these schemes, finds something that works.  Hopefully it is legal and fair.  Whether it is legal or not, I will leave that up to the people responsible for monitoring those type of things.  I am more concerned with whether the site is fair.

Exactly what do I mean?  Well, what I mean is that, "Do you have a chance at doing what the site says you can do?"  The short answer I have for QuiBids is, "YES!"  Whether the chance is a reasonable chance is another story.

You need to be aware of certain things before you dive in.  Today I am pointing out something that I observe in auctions many times.  In fact it is often enough to make it something for you to be aware of.

That is the existence of something in the cyberspace world known as a "BOT".  What is a BOT?

"bot

• 1. Simple computer program used to perform highly repetitive operations, e.g. trawling websites to collect email addresses. 
  2. Computer program run concurrently with an online game to give the player an unfair advantage. Bots may alter the game environment, boost the abilities of the player's character or hinder opponents. Writing bots requires a great deal of skill; using them almost none. "  (http://www.urbandictionary.com/define.php?term=bot).

I will discuss more about BOTS and their usage in another Blog post so stay tuned. Right now I just want to bring to your attention the possible existence of these and their usage in regards to the QuiBids auctions.

I am not saying that QuiBid uses these, nor am I saying that anything that is going on on the site is illegal.  What I am saying is that if you decide to participate in these auctions, you need to be aware of them.  I witnessed this auction this morning and it caught my attention as to the possible usage of a BOT.

In the auction I actually witnessed chattycathy111 was bidding against four other bidders. A total of fourteen bids were made for an auction value of $0.14.

chattycathy111 and one other bidder were set up on "BidoMatic" which means they were set up to bid 25 bids each, automatically.  Just those two bidding alone would have ran the bidding up to over $0.50.

There were two other bidders who participated in the auction.  Why did everyone in the auction all of a sudden drop out and leave chattycathy111 win after only 14 bids were placed by 4 different bidders?  

Now if this only happens occasionally I wouldn't think anything about it, but it doesn't.  This happens all the time.  I know because I witness it many times a day.

The point here is, if your going to participate in QuiBid's auctions, these are going to be the types of situations you need to be aware of and have a strategy to defeat, or you will consistently lose.