Are you sure they are audited to ensure they really honour a Unique lowest?
Given bidding information, very easy to get "Friends and Families" to place a unique bid for all the items that you don't want to let go.
If it was me, I'd probably do that until momentum is gained.
anyone noticed that you have to pay to bid? even if you don't win anything you'll pay too.
hmm... sounds like a ploy... better stick to the usual auction sites i'm used too... else just go to the shop and buy...
that's what i said... bloodsuckers!
this sound more like gamble to me.not sure lah... but i think they have to lor. the bids must be transparent to public mah.
the other thing is... there will be a charge of $5 (excl GST) for every bid submitted. so if you bid twice... you pay $10 (excl GST). what more... for every invalid bid submitted, a fee of $1 (excl GST) will be levied. damn bloodsuckers :angry:
i wonder how long will this concept lasts.
ah but the ploy is that you get to 'win' the item for much lower than the original price...