Quote:
Originally Posted by ime2006
Personally, Play in This place is such waste the money.
The auction never ends. (Only if you get lucky somehow.)
People just keep bidding on the item, the time gets extended 15 sec every last second.
And, how can you be sure that there is no internal account pulling the price up ????
In the end, the owner of the site, Make lots of money.
It is like, keep donating money to the site owner.........geez.
I would say, in the end, this site will die down pretty fast.
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But as the number of users decrease, existing players' chance of winning will increase....and people being the greedy bastard they are, will jump back in once they see the popularity of the game has dropped and they have a much better chance of winning now.
The business model can't become super popular, but it will probably end up at an "equilibrium" level of users in the long-run.
Honestly, for most people this is absolutely a waste of money and time. Unless you are willing to sit infront of your computer for hours and kept on bidding on the item, you won't have much of a chance of winning and you are just throwing away your money to support the scheme.
There are no free lunch and money doesn't just come out of nowhere.