Comments
i think what you are saying is not agreeable.everyone knows the process and all are agreeing to the fact that the company is not into social service.they are also there to make money only.if your friend is such a foool and so greedy to get products cheaper why you are blaming the company?????
I also opened an account with magicbid and purchased a bid pack of 80 Bids. I lost all the bids trying to get some product. I also believe that the company is a fraudulent one.
A S Garg
A S Garg
I open an account with magicbids and purchased bid packs of 80 each. I lost all the money in trying the bidding. The comany is a super fraud company.
I was closely monitoring the Auction of Blackberry 9700 on magic bid and noted the names of all bidders with the frequency. then i monitored the website for the next 24 hrs. Seems that some people do not sleep at all and are awake @ all hours. During the course of this particular bid, i have noted 62 people and many of these constantly bid - either Magic Bid is using script or these people are so bloody rich that they dont care how much money they loose... Below are the results of 9 sleepless hours! happy hunting and being fooled! :(
Name Frequency
Mohit 114
Iqbal 111
Jhansi 97
srinivk 80
piyush 76
tiwari 73
charan 40
ishika 38
jainnikhil 35
jnm84 33
rajan143 29
preeti 29
Nipun 15
Mainak 14
wahid 12
Simran 11
praveen 11
Lathak 10
Nishan 10
vishal 10
baljeet 9
latiksheq 9
alok jain 9
gurdeep 9
upenp 8
Dhruvi 8
anilm 8
zaarakz 8
subha2601 8
diddevil 8
fernandes 7
ishan2k 7
mahavir 7
jyotsk 6
radhal 6
schandu 6
vamsik 6
sunilkv 6
yogesh 6
harmeet 5
Himanshu 5
haritha 5
shantanu 5
saimk 5
nimarain 5
prithika 4
sheena09 4
faruk 4
nakul 4
jaydesh 4
Pureraj 3
Crocodile 3
john79 3
pratibha90 3
niveditha 3
anilpr 3
srikanth 3
sharath 2
pradeep 2
lalitm 1
divyesh 1
Ishyam 1
Name Frequency
Mohit 114
Iqbal 111
Jhansi 97
srinivk 80
piyush 76
tiwari 73
charan 40
ishika 38
jainnikhil 35
jnm84 33
rajan143 29
preeti 29
Nipun 15
Mainak 14
wahid 12
Simran 11
praveen 11
Lathak 10
Nishan 10
vishal 10
baljeet 9
latiksheq 9
alok jain 9
gurdeep 9
upenp 8
Dhruvi 8
anilm 8
zaarakz 8
subha2601 8
diddevil 8
fernandes 7
ishan2k 7
mahavir 7
jyotsk 6
radhal 6
schandu 6
vamsik 6
sunilkv 6
yogesh 6
harmeet 5
Himanshu 5
haritha 5
shantanu 5
saimk 5
nimarain 5
prithika 4
sheena09 4
faruk 4
nakul 4
jaydesh 4
Pureraj 3
Crocodile 3
john79 3
pratibha90 3
niveditha 3
anilpr 3
srikanth 3
sharath 2
pradeep 2
lalitm 1
divyesh 1
Ishyam 1
Magic Bid — Non shipment
I have won the product Auction # 8688 , have fully paid by net banking.Have sent several email to support Dept. No answer.Just following the tickets.
It is more then 21 days now. Sent email from my email Id. no answer. Just auto generated
another ticket. I think guys they will soon disappear, collecting all the money.No telephone
answer. I have calculated and figure out the model. Even on their bad day of bidding. they
make Rs. 100,000/-- minimum profit per day. I do not understand why they have to have
so many cheating cases. Before bidding should check if they have made any shipment in
NOV. 2010. or they are just collecting all money to simply vanish in thin air
Simply Looks like bidder is not going to get his goods, but they must be laughing
with money loot. If not so Miss Priya respond to this email and prove yourself.
If I receive the shipment, I will cetainly post here that shipment is received.
their gross collection per day should be Rs. 300,000/-- and think of it if they do not ship anybody
for one month, and collect all the loot ,it should be nearly one crorer.
Good day light robbery.
After one month I have received the goods.thanks.
Still they have not communicated once for
the where about shipment. Why their service
is so bad, fail to understand !.
good luck
sudhir
Still they have not communicated once for
the where about shipment. Why their service
is so bad, fail to understand !.
good luck
sudhir
[censored] magicbid...they are bigtime scammers...they play games...i knw they ve lots of things that they can prove regarding their rules and regulations..and many more...they ll make so so confused with their words...and u knw u r right but still u won't be able to prove...thats why they are still making money from poor people..who always wait for discount and offers...hey magicbid suckers why don't u go to tata and birla with ur ideas...
an account in MagicBid and bought a pack of 20 bids that cost us 600/-. We were online for almost 8hours continuously. We were closely observing 2 electronic products :
The cost of a bid start from Rs 30 and goes low to Rs 15 if you wish to go for 7500/- pack of 500 bids.Case 1: MoserBaer 2GB MP3 Player MRP : Rs 1,490, which you can get it for 1100/- from any electronics store. The MP3 player was auctioned for Rs 69. Considering the fact that there were 69 bids from different users, lets assume the average bid price to be 20/-, the company earned 69*20=1380 from the bidders.Case 2: Canon 10.1 MP PowerShot MRP : Rs 6,295, which you can get it for 4990/- from eZone.The camera was sold for Rs 1650. Considering the fact that there were 1650 bids from different users, lets assume the average bid price to be 20/-, the company earned 1650*20=33000 from the bidders.
My friend was tracking the trend of the bidding, and I was tracking the bidders. I was observing almost 30 users. I observed that they have:--Fake bidders(both manual and automatic)--Different set of bidders, each set having 6 to 7 fake bidders.--Fake bidder bids on multiple products as the same time even if its the last 3 seconds for both the products which possible only if you have a automated system.--Fake bidders out bid each other to poke the real bidder to keep bidding. --At last if the fake user wins the race, no loss of product rather profit in terms of the bid money.--If at all a real user wins the company would have got 10times the market value of the product.
Just to see whether they track the online user I did not do any action on my browser for 15mins, and as I expected there popped a message saying "Are you still there". They track the online users and their bid in their bin. They try to exhaust the bids for the online users using the fake bidders. I saw one of the bidders had bid almost 400 times for the camera. Assuming that this fella has least bid price say 15/- he almost spent 400*15=6000. Over and top of it if he had won the auction he would have paid the 1600/- + 250/-(shipping) . Total : 7850 for a product that can be easily bought for less than 5000 from the market. Is this guy a real bidder??? A big time fake bidder.
Its a completely fraud organisation which shows testimonials of the winners without their contact details. I understand all the users would not be ready to reveal the identity but not even one has it. They should have made it optional for the users to choose to show identity or not.
Having Verisign Trusted does not mean they cannot have fake bidders and Certified E-Commerce Merchant does not mean they are shipping the products. When the bidder is fake whom will they send the product. Its a 8 month old website and has almost 6600 auctions done i.e almost 28 products everyday. AMAZINGLY FRAUD. Please pass on the message to your known one so that they do not fall into this pit. FRAUD FRAUD FRAUD FRAUD!!!!!!!!!!