Pennies4Guns, what's the scoup?

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mig1

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Dec 22, 2010
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Good afternoon all.
I was just reading one of the tutorials on this great site and I noticed that there is a site sponsor called pennies4guns.

Intrigued, I checked it out. Not much in Google about it.

Has anybody used it yet?
 
Penny-bidding sites are the rage these days.

The good is that you can get things for extremely cheap compared to retail.

The bad is that if you lose the auction, you lose the money you bid.

Edit: Wow, I just saw that someone won a Glock 23 for $0.31
 
Story Link
Paradoxically, the frustration of shelling out so much with nothing to show for it spurs users to try their hand at still more auctions,
hoping to ease their losses with a big discount on something else, says Jack Vonder Heide, the president of Technology Briefing
Centers.
Click to expand...
QuiBids says
it's not gambling because every participant can apply fees spent toward the purchase of the item at the site's full retail price. "No
customer has to walk away empty handed," says a spokeswoman.
Click to expand...
:scrutiny: :eek: :evil:

Bravo on monetizing the sunken cost fallacy to get people to keep going after auctions and buying the products at their markup.
 
It is exactly like other pennies auctions, a Scam. Google it and see if people actually won, chances are they lost..Magical huh? Some of them are better are fooling you, but there is also ones you'll see that go to 0 then back up to 2-3mins because someone "bid" (a bot) on that item. Save your money.
 
Is it really High Road to have ads for that kind of thing on the forum?
 
Thanks, guys.

Ian & Paul, my thoughts exactly. I was suprised to see that as a banner on THR, and it sounded too good to be true. Which means it probably is.

I think I'll stay away for now.
 
Is it really High Road to have ads for that kind of thing on the forum?
Click to expand...
So you're asking how "high road" is THR?

Inquiring minds want to know. :scrutiny:
 
I know this is a bit off topic but I was wondering how many people notice or pay attention to the ads at the bottom? I ask because I am considering running some for ZCORR.
 
These type of auction sites sell blocks of bids.

If anyone specifically wants to talk about ads on THR, tech support is the place.
 
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