I'm facebooking day and night. I came across an ad page in facebook called Sharkybids. A friend of mine into e-business once mentioned about coming up with a website that deals with bidding so I clicked on that ad out of curiosity. It was interesting to find an Apple Ipad sold at P16.87. Signing up earns you one free bid. I tried bidding on an Iphone 3Gs, the running bid price was only P6 but it wasn't as easy as it may seem. Everytime a bid is placed, the time resets to 10 seconds, giving another bidder time to place his bid too. One can neither bid infinitely, each bid costs 18 to 28 pesos. They make money through purchased bids.
Nevertheless this is interesting, I shall sit down one night and seriously bid for that ipad, iphone and a macbook pro. But before I do that, I have to bid for "freebids" to get cheaper cost to bid. Get what I mean? Why not check it out yourself at http://www.sharkybids.com
When I get a good bargain, I'll definitely brag and blog about it. What do you think of this online bidding system? I'm quite skeptical but I'll give it a try.