Friday, October 16, 2009

Bidbugs.com is a (B)Adbugs or B(e)dbugs?

Hello Ibidderz,

This website is new addition to our penny auction world from India. The very first impression I got about them is, "Is this a penny auction website or some ads landing website?"
They seem to be novice in the penny auction world and I doubt if they have right business plan?
Have a look at the video where I have opened up each page and tried to understand how it works and that is pretty much confusion.you people can figure out and let me know How it works.
All I see is google ads in every page. In About us section, The website company claims that it is started by two brothers one from IIT/IIM (A reputed institute for higher studies in India) but that was removed after 2-3 hrs and they claim that the company's headquarter is in Kolkata, West Bengal, India with offices in London, UK & Chicago, USA.





Few of my concerns are when big software gaints are struggling in India to hold their balance sheet in Green, This company call themself as start-up and they claim they have offices in US?
1.Do they have a right business plan?
2.What are the funding options do they have?
3.Just by Ads are they going to make up their losses?
4.Isn't this looks like a joke to you?

Just go over the video in youtube and let's will you able to escape from bedbug bites?



Lets us know if you know their any of their US office Address which is not mentioned in their website?

Keep away from bedbugs they are always dangerous.. lol :-)

Happy reading !


Feel free to post your comments.

--Iwatcher

Note:- ibidderz - people who follow penny auction websites closely and talk about them and infact trying out to win items as well.

All Rights reserved.

Disclaimer:- Author is expressing his views.Decision making is your part.Think and Act.

*Bidding can become addictive, Be careful !





Thursday, October 15, 2009

Dedicated penny auction website for Apple products !

Hello Ibidderz,

I recently found a new UK penny auction website http://www.happybidz.com/. They seems to be listing only apple products. I think this is first of a kind in penny auction world.



Let us know if you get deep discount there?
How is their customer service? Are they legit or scam?
Can we pocket some iphones,imac and ipods there for our holiday season.?
Feel free to post us your feedback about them.

Happy reading !


Feel free to post your comments.

--Iwatcher

Note:- ibidderz - people who follow penny auction websites closely and talk about them and infact trying out to win items as well.

All Rights reserved.

Disclaimer:- Author is expressing his views.Decision making is your part.Think and Act.

*Bidding can become addictive, Be careful !





Comments section spammed

Hello Ibidderz,

Our comments section have be hacked by someone and from now I will be moderating the comments.
Apologies for not letting you to post the comments right away.

--Iwatcher

Friday, October 9, 2009

giftcardbidz.com has all the facts to be deemed as SCAM !!!

Hello Ibidderz,

giftcardbidz.com as per pennyauctionwatch.com, they have less than 125 page views per day, But they run around 20 auctions per day round the clock and almost till today, the website shows more than 1400 auctions ended. My doubt is when the are running very low in page view, how will they able to manage to run the website and pay for their employees and office rent etc.,?

Does the owner of website has enough money to throw away or just another scamming website?

Atleast to my thought, bidding against ourself is also a scam, you are losing bids just because you pressed bid button twice, no sometimes even more than that. I thought it might happen during peak time but honestly it is not.

So does this glitch is happening in recent past ? The answer is definetely NO.

Here is the screenshot of first auction.( Bidder jessica bidding against her )



This screenshot is of recent auction while I am writing this blog....You can figure out the date !
( Bidder bubbasue bidding against her/him)



Ibidderz, you decide to either spend your valuable time and money with them or not !

Happy reading !
Feel free to post your comments.
--Iwatcher

Note:- ibidderz - people who follow penny auction websites closely and talk about them and infact trying out to win items as well.

All Rights reserved.

Disclaimer:- Author is expressing his views.Decision making is your part.Think and Act.
*Bidding can become addictive, Be careful !





Tuesday, October 6, 2009

Giftcardbidz is scam ???? **BEWARE**

Hello ibidderz,

Giftcardbidz another feather to existing scam penny auction websites.
I've watched this website for last 3 weeks and they seems to be taking more loss by auctioning giftcard and all goes for pennies!

Here is my fact about the website.

1. Check out the number of auctions they run in a day and see how many bidders bid at any given point of time.You will see less than 3 bidders.

2. One bidder will be a autobidder who is virtual and works for website and another one is the website owner and third guy might be the poor one like you and me.

3. No company will take such a huge loss, but still they are doing great, I see many websites goes down in very few days but these guys are really great.They have enough money to throw away.

4. Check out the sanpshots in picasa and go through the caption, you can make a clear on their legitimacy.

5. First bug with the website is you will be bidding against yourself in many occasion.This bug was reported in the first auction they ran and still existing in latest auction. If all the bidders are real people by now everyone should have given complaint but all bidders have good heart to still through their money for them.

6.Another joke is you can't pay for the won item, You should fill in all the details and amount to be paid as well.

7.The website freezes almost daily and proof of that is given in youtube.

8. During night time you will be bidding against autobidder and he will be placing 100 bids to win 50 freebids.I think those autobidder loves to win.

9.Their automatic bidder is another crap.It will not let you to set current bid amount to start bid, so you will end up adding 1 cent and you will set your autobidder. But the autobidder will kick in only it passes start bid value. Confusing ?
Let see an example. Now we will assume the running auction is at $0.50. you will have 3 boxes to set autobidder.Start bid, stop bid and no. of bids.
In start bid column the website will not let you to fill $0.50 rather you need to mention $0.51.Once you setup all those columns.Your autobidder will not kick in until it goes to $0.52. To reach $0.52 you will end up bidding single bid and then your autobidder will kick in. Is this the way bidbutler works in all penny auction websites?


10.Funny thing is the website owner himself will bid under different name against you and no same bidder will bid in other auctions.I think he has dilemma about his name I believe.

11.But apart from all there are some real bidders as well but mostly on the loosing side.Don't ask me why they hav't not informed the customer care about this problems. All you get is no reply or few free bids if you prove you've bidding against yourself.

I've uploaded photos in picasa and videos to youtube for detailed analysis.
I've given enough facts and it's your call to decide whether they are legit or SCAM.

BEWARE:- ibidderz, you might win some auctions but at the end of the day you will be fooling yourself  by bidding against computer scripts !
Few more websites are already their under Iwatcher Radar...See them soon here !!!

Happy reading !

Feel free to post your comments.

--Iwatcher

Note:- ibidderz - people who follow penny auction websites closely and talk about them and infact trying out to win items as well.

All Rights reserved.

Disclaimer:- Author is expressing his views.Decision making is your part.Think and Act.

*Bidding can become addictive, Be careful !



Friday, October 2, 2009

BidMuseum on it's way to Museum ???

Hello ibidderz,
This is one of the recent website which joined to penny auction world.It claims to be coming from India and I think this is the first of its kind from India.I know Indians are good at programming but they failed to do one thing in making shill bidders as real people.

The very first thing to judge a penny website is genuine or scam is just to watch them for a while.
Control your emotions, the any new website I see, I just buy bids without knowing any background info like where they are from, do they have any proper reviews,do they have any believable testimonials,etc,.
This the basic lesson I've learnt over months.I ask all the ibidderz to do the same, watch few auctions and see the trend.

Here you go, few snapshots for your view, taken over period of time.Let me guess you will figure out what those series of picture says....


 










If you have trouble in viewing the snap, check out here.
  
Uh, wondering what the heck these snapshot says? If you are genius you can figure out.
Ok, Atleast I will tell you..If you see all the snapshots irrespective of time(I watched closely a week :-) )all the bidders will start bidding on running auction at last minute and no one will bid in rest of the other auctions which might end in next half an hour or so.

Isn't this looks fishy to you, If they(Bid Museum) claim they have pool of people to start bidding and no shill bidders involved, How not even a single guy bid on other auctions which supposed to finish few hours later?
Probably they might twike the program to bid randomly or place some bids on other auctions also at random time after seeing my post.

But no one can hide the truth, ibidderz you take a call to throw your money on bidmuseum.

Meaning:-
mu⋅se⋅um  
–noun
 place where works of art, scientific specimens, or other objects of permanent value are kept and displayed.

May be they had the right name !

Happy reading !
Feel free to post your comments.
--Iwatcher

Note:- ibidderz - people who follow penny auction websites closely and talk about them and infact trying out to win items as well.

All Rights reserved.
Disclaimer:- Author is expressing his views.Decision making is your part.Think and Act.
*Bidding can become addictive, Be careful !





Why new penny auction websites pops up every other day?

Hello ibidderz,

Do you know why the there is new penny auctions websites popping up frequently?

To clarify, my objective is not to oppose any penny auction websites because I love it, I did won many items and it gives me some kind of pleasure when I hunt to buy something cheaper.

On the other hand there are many websites who have shill bidders or computer programs to out bid you every time when you place your bid, thus making artificial competitor for you and make you to pay more than actually you suppose to.

I am the one who suffered by the many scamming penny auction websites and with my experience I will help to other online communities to not fall prey for them and the birth history of the blog is to bring some scam websites to the world.

some claim that it is entertainment shopping, fun shopping etc,. but to me it's a another form of modern gambling making use of latest technologies.
I've no second thought in that, yes it's GAMBLING for me and you decide to gamble or not and am not interested in endorsing that these websites are genuinely serving the purpose.

Many websites manipulate the bidding and some call it reserve or margin whatever but that is unethical and can't see some people scamming away by doing fradulent activities.

I am not a big writer,industrialist,entrepreneur,psychologist,etc,.
An average common internet user but a keen watcher.

Few of my thoughts, why do every one interested in doing this biz?

1.Utilizing human's greedy mentality.
2.Easy money in short term.
3.Can have virtual human's to bid against real people for big profit margin.
4.No physical shop or store front.
5.Websites can exploit money from any part of the world.Thanks to presence of internet and www.
6.Someone from UK can exploit money from US, as matter of fact anyone from anywhere can cheat just by having there own terms and conditions saying UK law will be applicable bla..bla..
7.Single handedly a person can handle the entire business just by buying clone/script.
8.Most of all if they think at any movement they can shut down there website and move on in creating a new website layout and with new domain name they will start again.

Happy reading !
Feel free to post your comments.

--Iwatcher

Note:- ibidderz - people who follow penny auction websites closely and talk about them and infact trying out to win items as well.


Thursday, September 24, 2009

I watch penny auctions !

Hello ibidderz,
I am struck in recent past in internet for one thing which took allmost all my free time and I kinda got addicted to it. Do you know what? "Penny Auction Websites".

First let me tell you what is penny auctions website in a line.
websites who charges money for each bid you place.

These websites are buzzing around internet on every other day one penny auction website pops up and some goes off. Thanks to swoopo who made this possible!

From now on am going to write more about all the penny auction websites hovering around. I will try to explore all the information about penny websites and will provide honest feedback.Of course, I got scammed by couple of penny auction websites, that is why iwatchpennyauction.blogspot.com born.

This blog will be going to be a check point for all the bidders who want to explore penny auctions.
Happy Reading !
Feel free to post your comments.

--Iwatcher

Note:- ibidderz - people who follow penny auction websites closely and talk about them and infact trying out to win items as well.