Everything bad that you have read above about this website is true, in my honest opinion. I found it this morning at around 4:30 a.m., and spent $50 first, just to bid, thinking I had a good chance of winning something at that hour of the morning. Then, when I consistently lost the bids, spent another $100 (I know, I'm an idiot). Anyway, I noticed that the same bidders kept bidding up each item, even the items few would want to buy at the prices they indicated they would cost, such as the Kingston Capless DataTraveler USB Key-16 GB which they said costs $46.00. Anyway, someone kept bidding up this little gizmo, the same someone I had lost an earlier bid to, and it just didn't make any sense that anyone would pay $2.00 (translated, $200) for that! So, I started keeping track of all of the automatic bidders and their frequency, and it is most definitely a fraud in my opinion. There rare at least 10 automatic bidders who seem to come in at a certain price point to drive up the price. Once they hit their margin, another bidder comes in and drives up the price, and so on. I will tell you that I became grimly determined not to walk away with nothing, and after six hours of constant bidding, jerking awake at the computer, and hanging in there, I finally won a Sony PSP Go! Console for $46.06 (free shipping, and why not, it cost all of us bidders $4,606 for me to win this console!--don't forget every bid costs a dollar, but is worth only one cent so bidding a dollar is worth $100 dollars). I actually spent about $90 to win this thing. What a setup. The other surprise is, once you win the bid, you have to pay for the item separately from the money you have already spent to bid. Therefore, once I won this durn thing, I left money on the auction table, and that makes me mad, too. Don't do it, your money and your time will be wasted, and you will leave the site with a sour taste in your mouth and an empty pocket.
For those of you who say it isn't a scam, just a cleverly set up auction website, it is a scam when they use their own robots to drive up the prices. Had you spent the same amount of time I did, writing down all of the bidders- willie2buy,dmeleard, stephdegu,hrv59,mimioct,jejln,laugae2,emmastubbs70,risqueur,nyataige, all of these bidders bid on every item over and over again, for hours, on automatic. That costs thousands of dollars. Would you, in your right mind, bid thousands of dollars on a gizmo that only costs $200? You could go to the store and buy it if you had that kind of money, couldn't you? So, it's not just that you lose the bid, it is that you are set up to lose. And that is not right, nor is it fair.