Genius money making scheme.

Discussion in 'General Discussion' started by alexisawesome, Oct 16, 2010.

Genius money making scheme.
  1. Unread #1 - Oct 16, 2010 at 10:47 AM
  2. alexisawesome
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    Genius money making scheme.

    I was watching tv and i came across a commercial promising brand new tv's for like 50 bucks and brand new cars for a couple hundred etc. So i was really intrested to see what it was and if it was a scam or not. So i went to the website they advertized beezid.com And there it was offering new tv's currently at 32.65$ for a 40in lcd hdtv and .05 for an new apple tv. So i looked into what you had to do to bid/buy these items. Heres the trick. You have to pay for bids on this site (with about 80c per bid) and everytime you bid, the item goes up by 1 penny. So right on the front page they display this brand new Sony BRAVIA EX 500 Series 40" LCD HDTV thats retail price is 899$ and its currently going for 33.50c that means that the tv has been bid on 3,350 (So 3,350 x .80 = 2680) meaning that even if the auction ended now they would have already made 1.7k profit and the customer would be happy with getting the brand new tv for only 30$.

    Well anyway i thought i'd post this because i found it usefull and intresting and thought others may too.

    I've also read the rules and see nothing wrong with this, Im not advertising any site rs goldfarming related or anything of the sort
     
  3. Unread #2 - Oct 16, 2010 at 11:36 AM
  4. Meeder1
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    Genius money making scheme.

    I had seen the commercials and checked it out probably a month ago, it only works if aton of people are doing it.

    Its a great idea for sure, but its kinda a scam lol
     
  5. Unread #3 - Oct 16, 2010 at 11:51 AM
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    Genius money making scheme.

    Some guy in the north east of England near me sold his house this way, he got his family and friends to sell raffle tickets for £10 each for his un-mortgaged house. He sold so many tickets he made double the price of his house. but that was more a raffle than an auction. but also a good money maker.
     
  7. Unread #4 - Oct 16, 2010 at 11:58 AM
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    Genius money making scheme.

    Realize that they prolly have to pay a shitload to get these commercials on tv, doubt they'll make that much :p
     
  9. Unread #5 - Oct 16, 2010 at 12:25 PM
  10. alexisawesome
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    Genius money making scheme.

    Ehh not exactly, as long as someone is getting the item, they're doing what they said they were.

    Yeah, the timer adds on 20 seconds everytime someone bids, so you'd have to spend hours if you really wanted the item.

    Never heard of that, but he must have sold TONS of tickets seeing as the average house is atleast 150k+

    Wrong they're already making tons by doing this.
     
  11. Unread #6 - Oct 16, 2010 at 12:31 PM
  12. astalavistababy
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    Genius money making scheme.

    I know someone who uses such sites their 100% legit but you need a strategy. Just monitor site activity for 2 weeks to a month find out times with the less traffic....average times of bids ending etc.... also investment. When you see a 10K mini cooper up think about investing in £1k worth of bids.
     
  13. Unread #7 - Oct 16, 2010 at 12:39 PM
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    Genius money making scheme.

    It's a good money making method for the Host, but it's kind of a rip-off for the people who actually bid. If you only put 5 cents worth of bids, and if you lost the bid, then you just wasted $4..

    and that's for everyone who has bidded. And who knows how many people bid on that certain item?
     
  15. Unread #8 - Oct 16, 2010 at 12:46 PM
  16. alexisawesome
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    Genius money making scheme.

    I seriously may try that

    Yeah, its alot like gambling
     
  17. Unread #9 - Oct 16, 2010 at 12:50 PM
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    Genius money making scheme.

    It's also the same as, Swoopo.
     
  19. Unread #10 - Oct 16, 2010 at 12:53 PM
  20. alexisawesome
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    Genius money making scheme.

    This is the first time i've seen any site like this. Guess its old news though
     
  21. Unread #11 - Oct 16, 2010 at 6:26 PM
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    Genius money making scheme.

    I gotta try this. Not much I can lose except for a few bucks.
     
  23. Unread #12 - Oct 16, 2010 at 6:36 PM
  24. alexisawesome
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    Genius money making scheme.

    Was thinking the same thing.
     
  25. Unread #13 - Oct 16, 2010 at 6:36 PM
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    Genius money making scheme.

    that indeed is a great idea for company sponsoring this
     
  27. Unread #14 - Oct 16, 2010 at 6:38 PM
  28. alexisawesome
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    Genius money making scheme.

    A good deal for who ever wins the bid aswell.
     
  29. Unread #15 - Oct 16, 2010 at 8:31 PM
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    Genius money making scheme.

    ive seen this too bout two months ago, its really smart
     
  31. Unread #16 - Oct 16, 2010 at 8:40 PM
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    Genius money making scheme.

    Yeah theres a bigger site that does it, boy they make fucking profit!
     
  33. Unread #17 - Oct 16, 2010 at 8:45 PM
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    Genius money making scheme.

    They make so much money on that.
     
  35. Unread #18 - Oct 16, 2010 at 11:04 PM
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    Genius money making scheme.

    This is actually a pretty clever idea... bit sneaky!!
     
  37. Unread #19 - Oct 17, 2010 at 6:20 AM
  38. alexisawesome
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    Genius money making scheme.

    Post whore

    I know and the best part of it is, anyone, even you or more could easily open a business like that with 10-20k.
     
  39. Unread #20 - Oct 17, 2010 at 12:11 PM
  40. iam katie
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    Genius money making scheme.

    just like madbid.tv
     
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