Internet SCAM(s) – Penny Auctions Explained.

posted in: Scams | 0

Penny Bid Online Auctions continue to SCAM and Rip OFF the US public at a record breaking velocity!

Have you seen the TV commercials for Beezid or Quibids? beezid.com Internet Webpage They advertise how you can buy Brand New items at pennies on the dollar.  There are many more names for these sites and new names will continue to pop up in the future.  Apparently there is no stopping these guys.

Just this past week I was shopping for really great buys on the Internet to resale at my new online store at A1 Mobile Computer when I ran into the SCAM at “Quibids,” and lost the minimum you can lose, $60.00.  I have since seen the TV commercials of Quibids and Beezid all over my TV screen.

Here is how the scam works:  You see items being sold for pennies on the dollar.  Examples include items such as a $1,000.00 Samsung TV auctioning for $ 39.00.  They may claim the items are overstock or a damaged box.  You may actually see the items “sold” right before your eyes.  However, for you to bid on any item you must sign in (open an account) and pay a minimum fee like $60.00 or so to start bidding.  You actually buy your bids often for 50 cent each.  Sounds reasonable?  You can only bid 1 penny but it cost 50 times that to make the bid.  That’s the scam.  Are you smart enough to see it?

If several people bid up to $39.00 on the $1,000.00 TV and it cost 50 cent for each penny bid and you can only bid 1 penny, it is going to take 39 times 100 or 3900 Fifty cent (cost of each bid) bids to buy it as a group of buyers.  Wait a minute; 3900 times fifty cent is $1,950.00.  Do you mean they just sold a 1000 dollar TV for $1,950.00?  Yes that is correct, well actually $1950 plus $39.00, but they said they sold it for $39.00.  But wait that’s not all, there is more if you act fast.Quibids.com webpageThey may show you similar items that sell for even less, and after all you may not really care about the other bidders.

What if you buy into the idea you will only bid at the end?  You’re still in serious trouble.  They have computers bidding when the bids are too low.  Example, two TV’s are being sold at the same time.  One has a slightly higher bidding amount, say $10.00 and the other one is only $3.00.  You save your 50 cent bids of one penny each for the larger bid of $ 10.00 and as the bidding goes up the $3.00 TV bid sells for $3.01 but the TV your bidding on goes t0 $39.99.  Well their computers just bought the $3.00 TV so it would not under sell.

Some of these sites guarantee that you will not pay more than retail including the cost of the bids.  That means that you will not pay more than $1,000.00.  You would automatically WIN once you big 1000 pennies.  Against at least one other bidder, the TV sell price would actually be $20.00.  Taking into account their computers bid bots are going run it up to $20.00 against at least one real committed buys ($3.00 against no none real buyer) the worst thing thy can do is get retail from one buyer.  If there is one other buyer, they make a Huge Profit at a $20.00 sale on the $1,000.00 TV.

Quibids even has a copy of a News Cast promoting their site as a reputable News Story. It’s FAKE.  Here is more honest report at YouTube:

If you still have trouble seeing the scam I have a simple way to make it easier to reveal.  The brain has trouble understanding a rip off that has to do with penny auctions and a 50 cent bid cost.  Imagine that you get to bid a whole dollar each bid, but that each bid cost 50 dollars to bid.  Think about that for a while, it’s the same trick!  The bottom line is Real Auctions allow you to bid any amount, and it NEVER cost to bid!

I expect the Names of these sites will change in the future but the scam will be the same.

Dale Poston,

A1 Mobile Computer

Welcome to A1 Mobile Computer, Rock Hill, SC No.1 in Rock Hill, Fort Mill & Lake Wylie, SC!

DalePoston@msn.com

TECH JOKE OF THE WEEK: Have you heard of the new XP Virus?  It requires 12 years of patches and downloads to fix it, then you get a message that your support has ended, and a new virus pops up called windows 8!

 

Windows XP in 2014

posted in: Uncategorized | 0

Here is a question I get asked a lot (taken word for word from my email, daleposton@msn.com):

windows_xp_logoMy desktop currently is operating on Microsoft Windows XP which I understand is now obsolete and is no longer serviced or backed up by Microsoft.
What do I need to do? Can you help me? How much $$ are we talking to update?
Hopefully, we can transfer all files and documents as well as contact email list.

Answer:

The only thing that has changed with  Windows XP is Microsoft is not supporting it with updates and patches any more.  (They never were supporting you personally that I know of.)  What this means is that if a default or bug is found they are not going to fix it.  Do you know of any default’s or bugs?  After 10 years of patches and updates I hope not.

Microsoft only makes money when someone buys a NEW operating system.  With a 40% loss in market share, another bad os release (Windows 8, reminds me of vista) and a bad economy, they are hurting like everyone else and they need you to buy a new OS.

In summary your PC tech (me) says if it ain’t broke don’t fix it, an os engineer might say, if it ain’t broke it don’t have enough features yet.

When you are ready for a new pc let me know and I will show you how to get the best deal, or the best pc for your money.  However I would not change the OS that is on your computer to another one, there are driver issues and other problems that can arise.

In other words XP is not quite yet obsolete on an existing pc only for a new one.  If you buy a new one it will not come with XP so there is no need to worry.

You don’t need to do a thing unless you just want to spend some money to see some “new” software that does the same thing a little different.

In a year or two the Anti-virus companies like Trend Micro, AVG, etc will eventually phase out there support for XP.  At that time XP will slowly began to die as it will no longer be able to stay alive on the internet without security.

Dale Poston

A1 Mobile Computer

daleposton@msn.com

PS: and yes when you are ready for a new pc, we can transfer your data.

 

 

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