Bee Zid Scam

[321BAR]

Anyone hear about this? Well if not im putting a warning out there for everyone. Bee Zid is a COMPLETELY legal scam which the owners use bots to increase the bids on items to make more money

[trax1]

So is this site like Bidhere.com, where you purchase bids in order to place bids on items and if you place a bid and no one else does within like 25sec you win?

[SFRT - Frenchy]

What's the drama, if the price ain't right, don't bid on it anymore.

[Dago]

What's the drama, if the price ain't right, don't bid on it anymore.

Yep.  When I decided to buy something from an auction site like ebay, I decided how much an item is worth to me, bid that on proxy, and then just wait to see if I get it.  If someone (or something) else bids more than I set as my top buy price, they get it.  I don't bid again.  Don't play into auction fever, don't think of it as a competition, just simple business.  It's worth $xxx, if it goes above that, goodbye, I will get the next one.

[trax1]

Yep.  When I decided to buy something from an auction site like ebay, I decided how much an item is worth to me, bid that on proxy, and then just wait to see if I get it.  If someone (or something) else bids more than I set as my top buy price, they get it.  I don't bid again.  Don't play into auction fever, don't think of it as a competition, just simple business.  It's worth $xxx, if it goes above that, goodbye, I will get the next one.

Yeah but these auction sites don't work like an Ebay auction, these are known as penny auctions.  You buy bids, usualy between .50 cents & a $1.00 per bid, now as soon as the auction opens every time a person places a bid the price goes up like 1-2 cents in price, they'll have a timer and if no one places a bid in the predetermined time you win, the time limit is usually between 20-30sec.

[Nwbie]

Doesn't ebay already have a set your top bid tool already?
Why use something else?

[trax1]

The scam he's talking about works like this, it's on a penny auction site like I described in my previous post, they have bot's that will bid when it thinks no one else is gonna bid to reset the timer and force you or someone else to place another bid, their not looking to raise the price of the product because each bid only increases the amount you'd pay for it by 1-2cents, they get their money in selling the bids at .50cents-$1.00 a piece depending on which penny auction site your using, that's where they make the money.

[trax1]

Now not all penny auction site are like that, there are reputable ones like Bidhere.com, my friend got an Xbox 360 for $6.00.

[Dago]

The scam he's talking about works like this, it's on a penny auction site like I described in my previous post, they have bot's that will bid when it thinks no one else is gonna bid to reset the timer and force you or someone else to place another bid, their not looking to raise the price of the product because each bid only increases the amount you'd pay for it by 1-2cents, they get their money in selling the bids at .50cents-$1.00 a piece depending on which penny auction site your using, that's where they make the money.

Okay, I didn't check out what he was talking about.  Man, that would suck, what a scam.

[321BAR]

Okay, I didn't check out what he was talking about.  Man, that would suck, what a scam.

yup reason why i put this thread up