http://www.beezid.com/ <- For real, or what?

Anyone using http://www.beezid.com?
Seems too good to be true, and you know what they say ..

 

Nooo!!

 

its gotta be too good to be true

 

No it's legit but you buy bids. for example 40 bids for $20
Look at the "how it works" video

 

So what's in it for the sellers? The main page just showed a $40 visa card going for less than $20 I believe. Why would anyone go for that?
What if it was middle-if-the-night in the middle of a cat-5 hurricane while your city was under mandatory evacuation orders, while you stayed, and you got it for $0.01?? Why would anyone risk that?

 

Say you get the gift card for $5 you might have used $40 worth of bids (you can bid 1 cent at a time if you want) so really you spent $45 dollars on the gift card. That's how the sellers can afford to sell thier stuff so cheap. It a big rip off if you ask me. Unless you bid wisely.

 

I remember another site that had the same setup...it's about as reliable as gambling. Since so many pay to bid and don't get the item, a lot of money gets spent before someone wins. The low price is deceiving.

 

The price is irrelevant. Once you start bidding, everyone else does to. It just turns into a huge pissing match and the one who is dumb enough to spend $40 worth of bids on a $10 gift card wins it. So say everyone spends $40 on bidding, who wins? The seller that is sitting there laughing at all the dumbasses thinking they are getting a good deal

 

haha its legit. ppl dont understand whatever the amount is. times that by 10 and thats how much they really made on it. since you pay for bids. so something that says 5.67, they made 567$+5.67$ haha