Is Swoopo legit?

Discussion in 'BlackHat Lounge' started by digitalpower, Nov 11, 2009.

  1. digitalpower

    digitalpower BANNED BANNED

    Joined:
    Dec 16, 2008
    Messages:
    303
    Likes Received:
    69
    I just found out about Swoopo.com and right now it looks like a scam to me. I was watching people win auctions for HDTV's for under $10. Swoopo says on the screen, things like "This auction has ended and the winner has saved $980!". Has anyone used this site before? Is it really possible to get HDTVs for under $10? What's the catch?
     
  2. DrJekyll

    DrJekyll Senior Member Premium Member

    Joined:
    Aug 2, 2007
    Messages:
    831
    Likes Received:
    697
    Location:
    1-9 for your Keyword goodluck
    The catch is they charge like .60 a bid, so $10 = $600 in revenue. [at .01 price increase per bid]

    [don't remember the exact price, dont care enough to look it up]
     
  3. Nihilist

    Nihilist Registered Member

    Joined:
    Oct 11, 2009
    Messages:
    59
    Likes Received:
    75
    Occupation:
    Network Sec / Electronics / IT / Programming
    Location:
    Virginia Beach, VA, USA
    Good article on Swoopo here:

    Code:
    http://www.codinghorror.com/blog/archives/001196.html
    "Entertainment Shopping" ... Pretty brilliant if you ask me.