Comments on: Swoopo Review, best deal ever or another scam?

By: Brandon Pierce

Brandon Pierce — Thu, 11 Mar 2010 22:03:38 +0000

Unfortunately ignorance is contagious. Most of you on here are just disgruntled morons feeding off each others poorly thought out responses. For those of you that have well thought out, factual, insightful responses, either for or against, thank you. Now with that out of the way I want to tell you all a little story.

Lets take an actual perfect bid situation:
Since I am a first timer I have to purchase some bids. I spend $45 on 75 bids.
I find an auction for 20 bids voucher. I get lucky and I am the only person who bids on this auction.
So how much have I spent? Technically I have spent $0.61. It cost me 60 cents to bid and I have to pay 1 cent to receive those 20 bids. Realistically I only spent 1 cent. The other 60 cents has already been spent when I originally spent $45 on my 75 bids. For those of you not following here is an actual auction on swoopo.com: http://www.swoopo.com/auction/20-bids-voucher/291166.html

Lets take a theoretical bid situation:
Now lets say I am the luckiest/smartest investor in the world. Say… the offspring of Donald Trump and Oprah. I take my remaining 74 bids and over the course of a month I do the exact same thing. How much have I spent? $45 for the original purchase of bids and 75 cents on the 75 auctions. $45.00 + $0.75 = $45.75. And what do I own? 1500 bids. How much has Swoopo made? $45.75.

Now I take those 1500 bids and do the exact same thing. (Use your imagination) I have spent a total of $15.00 ($0.01 per auction x 1500 auctions) and I now own 30,000 bids. Swoopo has made $15.00. Now I could continue this until the day I die or I run out of pennies. I wouldn’t actually OWN anything and I would just be putting Swoopo Jr. through college one penny at a time. Not logical.

I now have 30,000 bids that can go towards actual products (TV’s, games, movies, etc.) So what is the grand total for these 30,000 bids? $45.00 original purchase, $0.75 for the first set of auctions, $15.00 for the second set of auctions. $45.00 + $0.75 + $15.00 = $60.75. Net profit made by Swoopo: $60.75.

The point of this story is this:
Auction for a $500 MSRP camera. You see someone who bids 1000 times and wins an item and has to pay $200 to receive the item people automatically think that he has spent $800. (1000 bids at $0.60 per bid = $600 + $200 for the item = $800) You jump the gun and think “What an idiot, who would pay $800 for a $500 camera!” Whoa, put down the Mountain Dew and sugar packets and think for a minute. Chances are that person didn’t pay full price for those bids that he used. Maybe he is one of the people that actually get how this site works and has purchased bids over and over until he saved up.

I hope I didn’t lose ALL of you on our journey through Imagination Land. I am expecting horrible, piss-poor responses to this post and if I feel I have the energy, time, and willpower, I will try and respond. Chances are I won’t care and you will be sitting there, all alone, yelling at your computer like that fat 12 year old German kid.

Remember,
Attitude is everything, everything is relative, and ownership is key.

From the desk of common sense,
Brandon Pierce

By: Eric Johnson

Eric Johnson — Thu, 04 Feb 2010 13:00:06 +0000

Guys,

Have you ever experienced an Entertainment Shopping Model, where the price of branded products will decrease as each second passes by ?…Strange, We are coming soon with unique model where you will be in always win-win situation. Brugle.com is coming shortly to change the face of entertainment shopping, A shopping experience you have never experienced before.

By: phillip wright

phillip wright — Fri, 18 Dec 2009 19:35:56 +0000

do not go on swoopo you will just get riped off its a shit web site

By: Bert

Bert — Mon, 09 Nov 2009 15:03:45 +0000

They are a smart bunch over there though. Last night they changed the bid increment on some items from 6 cents down to 2 cents. People checking the ended auctions will see that a certain item sold for X dollars so assume that thats the norm except that now it takes 3 times as long and 3 times as many bids to get there.

By: kaths_hubby

kaths_hubby — Sat, 24 Oct 2009 18:29:30 +0000

I find your 2 cents to be very cheap but at the same priceless.The members of the Gambinos and other crime families all held “day jobs”.They paid some form of taxes,gave back to communities they lived in,their wives went too get their hair and nails done before a business party,kids attended school with other children………I assume you would call them legitimate people too!

By: Mike

Mike — Sat, 24 Oct 2009 16:51:54 +0000

Just repeat after me. If sounds too good to be true, it probably is a scam. I thought this site looked interesting and a good concept, however if it is rampant with auto bots, then count me out. You cannot beat a computer in a bidding war.

By: Robert

Robert — Tue, 20 Oct 2009 18:51:33 +0000

Yah I tried bid butler to to see what happens. I bidded $12-$25.00 with 19 bids. Guess what happened? My bids where placed under $16.00 and the auction paused for a moment at $16.00 and then said Auction ended ____ IS THE WINNER AT $16.06. So what happened to my bid of $25.00 you tell me. Figure it out SWOOPO gets the auction and places the item back up for auction thats the catch. We need real people with tracking numbers to actually see that the products are being delivered after the auction ends. Do we have any volunteers? We will much appreciate this.

By: Robert

Robert — Mon, 19 Oct 2009 19:00:56 +0000

I Paid for the credits just to analize SWOOPO and this is what I found. For 7 days now and going from auction listing to auction listing it is a scam. I watched the bids and the names and I noticed that every auction as the exact names bidding except for yourself and probably 3 other people. If you go into an auction write down the bidders names and as you go into the next auction write the bidders names and compare. So it seems to me SWOOPO has its own bidders to raise the prices up until the figure its enough to let you win. And to be point blank I have seen auctions at 1 second and 7 seconds later its back at 15 so that means the person who was about to win that auction worked for SWOOPO and that is unlawful. So If you want to waste you money then go ahead. But if you investigate like me your see that there is no way around getting scammed from this company.

By: kaths_hubby

kaths_hubby — Thu, 15 Oct 2009 17:19:46 +0000

You hit it right on the head dood.It for,just like you said,people set upp to bid continually at what ever cost.Its a complete and utter waste of time and money for the average user!!!!!!!!

By: kaths_hubby

kaths_hubby — Thu, 15 Oct 2009 17:16:05 +0000

The site is basically overrun with folks bidding like crazy (basically businessmen)and cashing in on their savings by reselling the wins at huge profits.You mihgt get lucky and win an auction but for the most part,its designed too get people too loose money and make lots of money for those who have the time and cash too invest,alot like the stock market.Don’t waste your time trying too get those great deals simply bcuz they are few and far bewteen for the average user looking too save a nice chink of change.I’m sorry I fell for their hook but you can learn from my mistakes by not making the same one!!!