Personal Finance, Family and Career

Category — Random

Is Pisobid a Scam?

Pisobid, is one of the best know ‘bidding’ sites wherein you can buy an iPad 2 32GB WiFi for Php64.17, a Canon EOS 1100D DSLR for Php39.19. The Pisobid bidding site is a good way to get extraordinary deals but there is a catch.

How Much Pisobid earns
Pisobid is definitely not a scam from what I see. They are actually earning humongous amounts of money. I’d argue that they are earning more than they bought the product. Assuming that every bid is equal to Php1.00 (Php 1000 = 100 bids).

Computation
iPad 2 32GB WiFi
Bids = 64,170
Which means that they earned (Php64,170 – Php28,990) = Php 35,180

Another thing to consider is that they sell bids. Bids which can be ‘created’ by the system. It means that they can earn from Bid Packs from just nothing.

Be Wary
Pisobid is more of a gambling site than an auction site, wherein you put in money and you never get it out. It is good as theirs. If you like Pisobid, I’d advise you to be wise with your bids. Goodluck!

November 29, 2011   3 Comments

Christopher Lao’s car gets flooded once again

I have recently got a hold of an advertisement by BPI AutoLoans to act in their commercial as himself. Here’s the advertisement.

October 15, 2011   No Comments

Scotty McCreery Wins Americal Idol

Congratulations to Scotty McCreery for winning the American Idol.

I actually loved the show especially when Steven Tyler sang. It was fantastic.

Here are a few highlights:

May 26, 2011   No Comments