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There's a very strange Brazilian auction site called "Pior Lance" ("worst bid", found at http://www.piorlance.com.br/ http://www.piorlance.com.br/ ). The name
by BoppreH 16y ago
There's a very strange Brazilian auction site called "Pior Lance" ("worst bid", found at http://www.piorlance.com.br/ http://www.piorlance.com.br/ ).
The name is misleading, it actually works this way:
1) You buy "bids", the right to do a single bid
2) Every auction has a timer that ends the auction when reaches zero
3) Every bid placed on an item increases it's price by 1 cent and resets the timer
Products get auctioned for values below 20 bucks, which may seem like a great deal, but every cent costed one buck from the bidder.
Pure genius.
- jerf 16y agoThere are a ton of these. Here is one of several times HN has talked about them: http://news.ycombinator.com/item?id=700143 http://news.ycombinator.com/item?id=700143 Actually, "site:news.ycombinator.com swoopo" goes on for a while on Google, and that's just one such site... Edit: Ah, and from http://news.ycombinator.com/item?id=978097 http://news.ycombinator.com/item?id=978097 we get http://www.pennyauctiontraffic.com/ http://www.pennyauctiontraffic.com/ . Yow.