Lounge How was your day? Anything goes but please keep it PG-13!

One of those, Why the hell didn't I think of this.

Thread Tools
 
Search this Thread
 
Old Jan 5, 2009 | 08:02 PM
  #1  
tex_phil's Avatar
Thread Starter
Contributors
 
Joined: May 2008
Posts: 5,895
Likes: 0
From: San Antonio, TX
My Ride: 04 525i, 04 Dinan M3
Default

Well I just discovered this site. I'm always making sites on the side to generate side income. And I ran across this idea, I can't believe I never thought of doing this. I could be rolling in a enzo right now.

The site is www.swoopo.com

Heres how it works.

"Every day we sell brand new top-name products at incredibly low prices in auctions that start at just 15c with no reserve. Take a look at the items we're currently auctioning, and if one takes your fancy, why not buy some bids? They're only $0.75 each.

With each bid placed, the price of the item increases by 15c. When you bid, we also reset the counter back up to a maximum of 20 seconds - to give someone else the chance to bid too if they're interested."

So if you are the last person at the end of the auction and no one "bids" after you, you can buy the item for that price. Stuff usually goes for cheap. One of the auctions had a macbook sell for $280. If my calculations were correct swoopo made $18,000 just off bid fees on that auction ALONE!

Its absolutley crazy stuff. One of the auctions was from swoopo giving away 300 free bids. And there was well over 6000 bids for it.
Reply
Old Jan 6, 2009 | 05:45 AM
  #2  
tjleeland's Avatar
Members
 
Joined: Sep 2006
Posts: 127
Likes: 0
From: Reno, NV
My Ride: 2008 550iReno, NV
Model Year: 2008
Default

Absolutely Amazing!!!!!

Reply
Old Jan 6, 2009 | 05:57 AM
  #3  
KnIgHtCoM's Avatar
Contributors
 
Joined: Nov 2006
Posts: 2,903
Likes: 0
From: Los Angeles, CA
My Ride: 2007 E60 530i Color: Jet Black/Black Anthracite STEP | Sport | Premium | NAV | Logic 7 EXTERIOR: M-Tech Kit | M5 Mirrors, Trunk Finisher | Jet Black Kidney Surrounds | Madico Charcool Tint 54%, 35% LIGHTING: Euro-Headlights | Euro-LCI Tail Lights | AiB V3.0 | Solaris Invisi-bulbs | OEM LED Plate Lights PERFORMANCE: Porterfield R4-S Brake Pads | K&N Air Filter WHEELS & SUSPENSION: Work VS-XX 20x9, 20x10 | Toyo T1R 245/30/20, Michelin Pilot Sport A/S 295/25/20 | KW V2 Coilovers | Rogue Engineering 15mm Spacers
Default

Now that's an entrepronigga.
Reply
Old Jan 6, 2009 | 06:13 AM
  #4  
nicke60gre's Avatar
Contributors
 
Joined: Jun 2005
Posts: 2,799
Likes: 1
From: Chalandri/Athina/Hellas
Default

Easy and smart fraud. How could I know if they are also placing automated bids? They have nothing to lose...
Reply
Old Jan 6, 2009 | 06:22 AM
  #5  
tex_phil's Avatar
Thread Starter
Contributors
 
Joined: May 2008
Posts: 5,895
Likes: 0
From: San Antonio, TX
My Ride: 04 525i, 04 Dinan M3
Default

I think they are actually because we saw a $1000 itunes gift card sell for $900 with $1000 in bids from one person.
Reply
Old Jan 7, 2009 | 05:37 AM
  #6  
Rudy's Avatar
Super Moderator
 
Joined: Mar 2004
Posts: 17,310
Likes: 2
From: Pittsburgh, PA USA
My Ride: G30 M550i
Model Year: 2018
Default

I'd say it's more of a gambling site than an auction site...
Reply
Old Jan 7, 2009 | 07:13 AM
  #7  
mrfva's Avatar
Contributors
 
Joined: Sep 2007
Posts: 8,199
Likes: 0
From: .
My Ride: .
Model Year: .
Default

Originally Posted by Rudy' post='761567' date='Jan 7 2009, 08:37 AM
I'd say it's more of a gambling site than an auction site...
Yuppers +1
Reply
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
vince_e60
E60 Discussion
6
May 26, 2018 10:02 PM
er8086
E60 Discussion
10
Feb 1, 2018 05:43 AM
ilovemye60
E60 Discussion
9
Nov 10, 2015 07:48 PM
timmay77
E61 Touring Discussion
7
Sep 24, 2015 09:38 AM
turbo_mustang12
Private Member Classifieds
7
Sep 6, 2015 04:58 AM




All times are GMT -8. The time now is 08:25 PM.