NailBidder.com Review Is it a Scam
First off I want to say I don’t like the idea of nailbidder.com mainly because they ask for your credit card information upfront. If you are going to sign up for nailbidder i recommend using Paypal.com if they will not allow you to pay with paypal my advice is do not sign up. Based on what i’ve seen from many of these penny auction websites is that they ones that don’t accept paypal tend to scam people the most. Some people look at data such as page rank and other things my main concern is the consumer. I’ve never gone to a store online or offline and been asked to give up my credit card before entering.
WATCHOUT for the NailBidder.com Deceptive Bid Pack
As it stands now there doesn’t seem to be an option to pay with paypal on one or a few of the Nailbidder.com sign up pages. The page recommended from the news8consumer.com website is different from the actual Nailbidder.com homepage. Now if you noticed above i mentioned paypal.com the reason for this is because paypal protects the consumer from what i am about to mention right now. If you look at the section on this particular page of Nailbidder website ( http://www.nailbidder.com/landing3px.php#REG ) where they ask for your credit card information to the left of that section notice the words “Select a Bid Pack:” you might also notice that they’ve already selected a bid pack for you. “100 Bids for $70 – Cost per bid $0.70!” What this means is the moment you enter your private information along with your credit card information you might be instantly charged $70.
I was getting comments on a previous post about people signing up to a penny auction website and being charged unexpected charges i was wondering to myself why didn’t people notice the charges before they signed up well now i get it if you were to go to the Nailbidder.com homepage everything seems legit but if you go to one of their other sign up pages you will get something like the page found at http://www.nailbidder.com/landing3px.php#REG in the event this page has been taken down you can see what it used to look like by going to https://richinwriters.com/NailBidder.gif which was a print screen i took of that portion of their page.
Why I don’t like Penny Auction Websites
Penny Auctions have a host of problems one of the problems is most of the penny auctions start auctions without physically having that product in stock. If you notice Nailbidder.com’s website you will see that they have a portion that says “in Stock guarantee on every item” most auction websites don’t physically have the items they are auctioning off and winners sometimes have to wait many weeks before they actually receive their item(s). Another thing with penny auction websites is you have to buy non refundable credits in order to play.
If you go to an auction site like eBay only the winner has to pay for the price of the item. With penny auction websites every single bidder pays for the price of the item and then you have to remember also that there can only be one winner. Sure their are penny auction websites with “buy it now” features but doesnt that defeat the purpose of a penny auction website?. Also with penny auctions once you sign up you are basically at the mercy of the penny auction website remember they penny auction website owners are the owners of the site they are also the vendors of the products being auctioned off. The point of any business is to make money which brings me to my next point.
It’s my fear that online penny auction websites have the game rigged i mean honestly how would these sites be able to sustain themselves when they just launched and only have a few members. This is only my opinion and is not a reflection of Nailbidder.com’s practices. Last thing i will point out in this post is the bigger the penny auction website gets the less chances people have to win and the more money the penny auction website makes. Personally I recommend staying away from penny auction websites but don’t let my opinion stop you from joining NailBidder.com
Please leave your comments about NailBidder.com below by leaving comments or your experience you help others in their decision making process.
Thanks for this review. It was very helpful and informative. Thanks, thanks, thanks for uncovering the hidden truths!
My decision to enter the nailbidder site wass such a bad idea. Just as you said, I had to enter my information on the site and all of the sudden I had 200 bids that cost me $100.00 I cant believe I did that. Normally I would have stayed far away from a site like that. If it sounds too good to be true, IT IS!! The first time I tried to bid on an auction I ran out of time. I relized there is almost no way to win. An auction can take hours to complete and they may receive as many as 7500 bids on one item. For example; Because I have bids left over, I was watching an auction tonight that had been at the end point for well over an hour. each time somone bids it starts the time clock over at 20 seconds. I wrote down 32 names of people bidding. That doesn’t count for the people who hadn’t bid yet like myself. As some of the other auctions got close to the end, they were paused and more time was added to them so more bids would be used on the two auctions that were currently being bid on which were a “IPAD” and an auction for more bids. I couldnt believe that they could add more time to keep the heat on the other ones. About twenty minutes after that, the Nailbidder.com website mysteriously froze up and the person who had bid what seemed to be more than what the “IPAD” was worth, won it. I had just lost another hour into this stupid site for nothing. I dont recomend signing up for this auction site. Just buy the product. Something is really fishy. If you average out the bids at $0.50 per bid and the item got to 75.00, or 7,500 bids, They made $3250.00 on a product that cost them at most, $500.00. Plus, they have already made their money by selling the bids so now they will stop other bids so more people fight over the same item and end up buying more. SCAM SCAM SCAM!
Let me start off by saying Charlie, please email us and we have no problem refunding you or correcting any issue. We believe that our business model is not only a FAIR and LEGIT business but it is fun for everyone. If you are unhappy please email me at [email protected].
As for this article, thank you for writing it but I think you are misinformed on 2 pts. I am not sure how we were featured on “news8consumer.com” but you can see that, this site is an ADVERTISEMENT says it at the top of their page. Whoever owns that site is trying to push penny auction and currently is pushing a competitor, they probably make a lot of money selling them. We have many agencies working for us and we do allow our advertisers to use deceptive articles like the one in reference.
As for the 2nd pt. JOINING OUR SITE IS FREE! You even get 5 free bids, go to http://www.nailbidder.com. You are not required to buy bids to join, however some advertisers try to get you to do so, so they can make extra money. As for items guaranteed in stock, we have all the items we auction off, if you’d like ask a customers who have won from us. Check our FAQs you can see pictures.
Thank you for your time.
Rusty
in my previous post please fix the following:
“We have many agencies working for us and we DO NOT DO NOT allow our advertisers to use deceptive articles like the one in reference.”
WE DO NOT ALLOW THESE TYPE OF DECEPTIVE ADVERTISEMENTS!
This is a money making pyramid scheme for yall… The fact that it resets for each bidder in the last 20 seconds is how yall sell so many bids. That is mis-leading. So some earbuds are going for 2.04. That’s 204 bids, which is $120… So you just made $40 on something that sold for $2.04… Man it’s a ripoff.
Everyone talks about how much of a scam these sites are but it seems like a win win for everyone. You pay for the item if you win and they make money. How is getting earbuds that are normally $20 for $2 a bad deal it shouldn’t matter if they made $40. Did you think they were going to actually sell you something at a loss. I have never seen any penny website that forces you to keep bidding. These people are working just like a casino they don’t make you keep gambling, you do. Just my thoughts.
A scam – and gambling. You get nothing for your money.
Two auto bidders, the Nail Clipper and Sledge Hammer* If a Bid is placed in the last 20 seconds our clocks RESET back to only 20 seconds, they do NOT add an additional 20 seconds for each bid
Jim – How is an auto bidder a scam? And how is the clock reseting back to 20 seconds not adding multiple blocks of 20 seconds a scam? Do you have any idea what your talking about?
Matt – Thanks buddy.