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Thread: Swoopo

  1. Swoopo

    So it's like ebay, except you pay to bid and every time you bid the price goes up in 15 and 20 seconds increments.


    Thoughts? Anyone jacked with this?
    "Question the world man... I know the meaning of everything right now... it's like I can touch god." - bbobb the ggreatt

  2. Doc, what makes you think the people running the site aren't trolling the auctions?

  3. #3
    So it's basically the dollar auction paradox brought to life.

  4. #4
    It's hq'd in Europe, so there's a strong chance their model is broken, and the consumer can eventually put them out of business.

  5. Examples from moments ago:

    http://www.swoopo.com/auction/canon-...m-/307916.html
    http://www.swoopo.com/auction/canon-...er/307992.html


    Seems you spend more on the bidding than the actual item and have to gauge how many bids the item is worth.

    EDIT: an explanation of the scheme
    Last edited by Doc Holliday; 13 May 2010 at 10:10 PM.
    "Question the world man... I know the meaning of everything right now... it's like I can touch god." - bbobb the ggreatt

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