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by Fjolsvith
2059 days ago
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Years ago, I saw an auction website where bidders placed bids in penny amounts. Supposedly, you could win an item at a fraction of the price of the product. Bidding was real time, and you won the auction if you held the bid for 15 seconds. You "spent" your bid and never got it back if you lost the auction. You never got to see how many people was bidding against you, and I always wondered how you could know it wasn't the website jacking up the bid. I am reminded of that scam every time I see a karma/upvote system. |
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