Swoopo, A new take on a old system

Based on the premise Wall Street uses, " Theirs money in peoples hopes and dreams " , hope is very profitable. As Swoopo takes the auction theory and puts a entirely new spin on it in a way to make it appear you have a great chance at getting something for a bargain hiding the costs in commissions and fees.

Basically here is the " Scheme " , much like a Ponzi Scheme this one is just as insidious , screw over a great many people a little amount in order for one elite member to make great gains from taking from others. Much like the stock market real fake or otherwise someone has to lose money for another to make it. The stock market offets its share price changes with commissions and fees the brokers slap on each trade for doing absolutely nothing. Swoopo accomplishes this same structure by assigning a cost to each bid a individual has to pay in order to offset the cost of the item to reduce the final price to make it look like someone is getting something for nothing. Most likely someone is, the owner, the overall price might be drastically under the retail cost of the item but in most cases once all the bids are tabulated the cost is even more!

Example each bid placed costs .65 cents, however each bid only increases .06 cents maximum per bid, so its simple wait till the end of the auction and place your bids, wrong you can't win its automated . Nothing in this world is free but I had to experience it for myself I guess much like my stock trading experiences , I just don't have what it takes to be the elite using and abusing hundreds , willing to patiently wait hours just to pry money that someone had to work hard for.

Must be a regime change over their at swoopo as now I see that more auctions are going up by .02 cents now lol multiplying the overall gouge effect 3x as if .06 cents a pop wasn't hard enough to swallow. So why is swoopo impossible to win? Most of this bidding can be accomplished via computers or well the old fashion eBay style shill bids, whether automated or not their just isn't enough suckers in the world stupid enough to bid 32 times at 6 cent intervals wasting 20 bucks or so instantly with no hope in hell at winning the auction at a low amount. Their for in reality no auction would ever progress past a couple of dollars or so since the enormous amount of real people required to bid against each outer without looking obviously rigged would far out way the amount of stupid people bidding on such foolishly wasted time.

So as far as the humorous clock tampering I have seen as they change the time of the reset from minutes to hours and other obvious changes in order not to finish a auction at a massive loss I see they are now increasing the time frequently and extended the time each auction to 1 month.

Much like everything in this world , their is no free lunch and people just aren't that stupid. And their is not such a thing as a free lunch.

Swoopo is a one time deal ponzi scheme , unless your the one rigging the end result its simply a chumps game much like the Stock Market.

My 30 bucks would of been better spent putting it towards the court costs it would take to sue google to make up for this. Obviously its a sub company of Google as just another pathetic attempt to offset costs in a ignorant attempt at trying to make the search industry not profitable but based on less imaginary numbers.

Hackers estimate their is only 293 active swoopo users.