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eBay and other auction sites are no new deal at all; there are perhaps a hundred of them, one more popular than another and all following exactly the same protocols. Of course, I’m not the only one who thinks about it that way, the company ‘bid4prizes‘ has come up with a whole new idea of auctions; make the lowest original bid and you’ll win.

It might seem a bit easy yet not logical, but it’s a pretty simply idea. While it might seem smart on the first sight to bid a couple of cents, perhaps hundreds of users might think the same, raising the minimum bid price quite a lot. I must admit this seems like a pretty nice way to win some ‘cool’ stuff; they aren’t just handing out ordinary things, but right now theres an auction for an iPhone, car and some other smaller stuff, lots of chances.

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This entry was added on Friday, April 27th, 2007 under The Internet. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.