Tuesday, April 13, 2010

Get some for a change!

Let me present you a new trend in the market.The cent or penny auctions.But what these auctions are?Well they are auctions of stuff that start at 1c.Now there are some differences between some sites like that.For example there are the descending ones and the ascending ones.The descending ones are those in which the lower bid wins.For example if i bid 1$ and you bid 0.50$ and the auction time runs out you will win and get the item for 0.50$!Its a quite good concept that is catching up quickly.The main reason for that is for example the possibility to get an ipad  for 1$ which is awesome!As far as ascending auctions the most popular are ebay and amazon.The thing is that you dont really earn that much in those 2 as in most cases the price reaches the real price of the item.There are though sites where you cant bid more than 1c for example.That  way the price at the end of the auction is kept at very low levels.Its a great way of getting some expensive stuff you always wanted and all you need is a bit of luck .