Why Pisobid Dont Have Bots

Hi Guys! When Pisobid was launched 3-4 weeks ago, it received various comments from the Filipino folks. Majority of the people said that it is legit and is not a fraud, others still claims that it is a scam. One comment that caught my attention was the issue about bots. Several people said that Pisobid has with them "BOTS" to manipulate the bidding process so that it will reach the ROI. 


Definition of Terms:


BOTS = An Internet Bot is a software application that does repetitive and automated tasks in the Internet that would otherwise take humans a long time to do.


ROI = Return of Investment


NOTE: 

• Commonly, the value per bid may range from ₱6-10
• Price starts at ₱1.00
• Every bid is ₱0.01
• Meaning, if the highest bid is ₱54.16, total bids will be computed as ₱54.16 - ₱1.00 = ₱53.16/5316 bids.

Well, if you have read or heard a certain person saying this one, probably he/she did not experience the actual bidding or even see Pisobid. Why? Here's why:


7/27/2011  - P1000 Starbucks Gift Card original price ₱1000.00 sold for ₱1.28
meaning: 1.28-1.00 = .28 or 28bids x 10 = 280


7/26/2011  - Incubus World Tour VIP Tix original price ₱11620.00 sold for ₱2.47
meaning: 2.47-1.00 = 1.47 or 147 bids x 10 = P1470


7/26/2011  - P1000 Globe Load original price ₱1000.00 sold for ₱1.61
meaning: 1.61-1.00 = .61 or 61 bids x 10 = P610


7/26/2011 - P1000 Coffee Bean GC original price ₱1000.00 sold for ₱1.27
meaning: 1.27 - 1.00 = .27 or 27 bids x 10 = P270


7/25/2011 - P1000 Globe + P1000 SBUX original price ₱2000.00 sold for ₱2.27
meaning: 2.27 - 1.00 = 1.27 or 127 bids x P1,270


7/25/2011 - Apple iPod Nano 8GB original price ₱7200.00 sold for ₱2.11
meaning: 2.11 - 1.00 = 1.11 or 111 bids x 10 = P1,110


7/24/2011  - P1000 Seattle's Best GC original price ₱1000.00 sold for ₱1.12
meaning: 1.12 - 1.00 = .12 or 12 bids x 10 = P120


....those was the lightweights and there's a whole lot more! 


Now for the heavyweights:

7/24/2011  - Samsung SMX-C200 Camcorder original price ₱12500.00 sold for ₱11.36

meaning: 11.36 - 10.36 = 1036 bids x P10,360

7/23/2011  - Sony Digital Camera T110  original price ₱11200.00 sold for ₱3.87
meaning: 3.87 - 1.00 = 2.87 or 287 bids x 10 = P2870


7/22/2011  - Samsung Galaxy Tab original price ₱21990.00 sold for ₱10.38
meaning: 10.38 - 1.00 = 9.38 or 938 bids x 10 = P9,380


7/21/2011  - iPad 2 32GB WiFi (Black) original price ₱28990.00 sold for ₱20.35
meaning: 20.35 - 1.00 = 19.35 or 1935 bids x 10 = P19,350


7/21/2011  - Samsung Galaxy S II original price ₱35000.00 sold for ₱23.66
meaning: 23.66 - 1.00 = 22.66 or 2266 bids x 10 = P22,660


7/21/2011  - Xbox 360 4GB Kinect Bundle  original price ₱18500.00 sold for ₱6.99
meaning: 6.99 - 1.00 = 5.99 or 599 bids x 10 = P5,990


7/20/2011  - Sony Digital Camera T110 original price  ₱11200.00 sold for ₱5.89
meaning: 5.89 - 1.00 = 4.89 or 489 bids x 10 = P4,890


7/15/2011  - HTC Sensation Android Phone  original price ₱33000.00 sold for ₱15.89
meaning: 15.89 - 1.00 = 14.89 or 1489 bids x 10 = P14,890


7/14/2011  - Canon EOS 1100D DSLR original price ₱31950.00 sold for ₱11.38
meaning: 11.38 - 1.00 = 10.38 or 1038 bids x 10 = P10,380


That're just half of July. I couldn't see the first half of July and June auctions.


Now what? 


If you noticed, the value of the bids per item is very less than it's original price! Now, if Pisobid has BOTS of any kind to do dirty jobs for them, they should have used them here and the other items before? They should have used them so that they will reach the ROI!! But no, there's nothing like that in Pisobid. The movement of the prices really depends on the interest of the people.


For me, the site is pure and clean fun with lots of exciting prizes up for grabs for every Filipino people who loves to experience the excitement of bidding.