E-commerce at a new low......
 

Final auction outcome for a Sony PS III 80GB on swoopo

http://forums.pelicanparts.com/uploa...1229638269.jpg


can someone explain this to me - I am not getting it. There is this new life-auction site that apparently found a way to simply mint money. Each bid costs 0.75$ to place and increments the auction price by 0.15$. So they make 5x of the final acion price of profit. How can that be :eek:

and then there are penny-auctions where the profit is 75 times of the final price :eek::eek:

And to top it all off there are fixed price auctions which is essentially pure profit (a lottery if you ask me) :eek::eek::eek:

I am still looking for the link where you can just deposit money straight into their account for nothing. Well, I guess I am just upset I didn't come up with this scheme :mad: I bet they are laughing their way to the bank.

(sorry for the off-topic post but I figure here are some smart people that maybe can really explain this)

Maybe I'll try to sell some Porsche cars there - now that would make my day.