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Is Penny Auctions Of Kobobid Legit Or Scam? - Family (2) - Nairaland

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Re: Is Penny Auctions Of Kobobid Legit Or Scam? by Alejobs: 6:47am On Mar 15, 2021
Pious101:
e dey power TV?

Thanks for the inquiry. Yes It does, TV has to be LED to be efficient. www.cooldipo.com
Re: Is Penny Auctions Of Kobobid Legit Or Scam? by Kamachicho: 6:47am On Mar 15, 2021
I am equally following to learn.

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Re: Is Penny Auctions Of Kobobid Legit Or Scam? by DigitB: 7:06am On Mar 15, 2021
Ok.

I need the software.

Any plug?
Re: Is Penny Auctions Of Kobobid Legit Or Scam? by airsaylongcome: 7:11am On Mar 15, 2021
SeasonedMEMBER:


Alaye, una no dey rest....change fmt ASAP o.

I'm not a betting man so I would most likely not fall for that trick. But I'm curious, how does the con work?

1 Like

Re: Is Penny Auctions Of Kobobid Legit Or Scam? by MartinsD12(m): 7:14am On Mar 15, 2021
AishaYesufu:


Hello. I'm curious about this Kobobid company and their business of penny auctions. I don't know much about either of them, but their deals looks really attractive. Who has an idea on how it works and how to win on their site?
Awuf dey run Belle, how do you expect to get iPhone 11 for N100, people no dey reason at all, na scam
Re: Is Penny Auctions Of Kobobid Legit Or Scam? by SeasonedMEMBER(m): 7:18am On Mar 15, 2021
airsaylongcome:


I'm not a betting man so I would most likely not fall for that trick. But I'm curious, how does the con work?

Just japa... curiosity kills the cat.
Re: Is Penny Auctions Of Kobobid Legit Or Scam? by AishaYesufu: 7:32am On Mar 15, 2021
Re: Is Penny Auctions Of Kobobid Legit Or Scam? by kevoh(m): 7:36am On Mar 15, 2021
Based on the explanation, I have gotten from people on this thread, I fail to see how this is a scam.

If out of being a cheapskate and greedy fellow you decide to bid for iPhone12 at N100 knowing fully well there are hundreds bidding for the same product and you might end up spending more. How is this the fault of the company?

Kobobid and its likes are only creating a business platform for cheapskates and greedy fellows and like all businesses, money has to be made. Don't fault them because they are selling bids, who in their right mind will sell iPhone at N100?

1 Like

Re: Is Penny Auctions Of Kobobid Legit Or Scam? by chuddyforlife(m): 7:50am On Mar 15, 2021
Real scam....dont invest ur money on something you will later regreat
Re: Is Penny Auctions Of Kobobid Legit Or Scam? by jjmk(m): 7:57am On Mar 15, 2021
Why do u all say it is a scam? This thing has been with us for ages...the normal bazaar in churches run on the say template, or is it because this time it is online?

Everyone knows that the company makes money the more people bid, it is no secret.

Blame the people who out of greed decide to keep bidding with the hope that they will win.
Re: Is Penny Auctions Of Kobobid Legit Or Scam? by Pious101: 8:01am On Mar 15, 2021
Alejobs:


Thanks for the inquiry. Yes It does, TV has to be LED to be efficient. www.cooldipo.com
how long can it power the TV? Is it only charge through solar or both with phcn light
Re: Is Penny Auctions Of Kobobid Legit Or Scam? by airsaylongcome: 8:07am On Mar 15, 2021
SeasonedMEMBER:


Just japa... curiosity kills the cat.

Clear me na. Abeg. Out of curiousity I chatted one up last year I think or maybe 2019. The guy gave me one game. Pretended to place the bet but didn't actually do so. Result and forecast were in opposite direction. I laughed. But I still didn't get how the paro dey run. So clear me make I wise up small
Re: Is Penny Auctions Of Kobobid Legit Or Scam? by quadriolakunle(m): 8:37am On Mar 15, 2021
If you know it is this lucrative and you can create similar system, i dont understand why uou are not already doing it.

You still have the advantage of the second/3rd entrant into that market, dont sleep on it.

If you need a free consultant/ first volunteer team member, you can have a bit of my time.

https://www.vanguardngr.com/2021/03/what-nigerias-economyll-gain-from-kobobid/

Look at the link above, Kobobid already making news.

LookInTheMirror:
angry

I warned people on instagram it is fake and a scam

Let me explain

They sell bids for N500 for luxury items from iphone 12 to ps5 to macbooks

Now thousands of people pay N500 each hoping to win iphone 12 let's say 20,000 people pay that's 20,000 x 500 = 10, million

They give out 3 iphone 13s to supposed winners next time you are convinced to bid again and again because you never know he number of people who bid

Oga it is a scam a money printing machine and a huge cash out

If you want to design it come pay let me design one better for you def but I charge 1 million . You will take in profits off people's greed

Kobo bids are a scam
Re: Is Penny Auctions Of Kobobid Legit Or Scam? by BeboNGN: 9:02am On Mar 15, 2021
I visited the website a week ago!

The organizers themselves are scammers

1. The process is not transparent
2. You don't know the number of people bidding
3. You don't know the amount they are bidding
4. They are faceless!
5. You buy bids
6. When you exhaust you buy again.



But, I believe they will net a good profit from Nigeria maybe I should go and open my own before the thing cast, if you're in message me
Re: Is Penny Auctions Of Kobobid Legit Or Scam? by tifany89(m): 9:18am On Mar 15, 2021
airsaylongcome:


I'm not a betting man so I would most likely not fall for that trick. But I'm curious, how does the con work?
This is how it works . They claim to have a fixed game and they give let me say 5 different person's different outcome of a particular game hoping to cash out on the one that enters . So the person that has the winning prediction feels it's really a fixed game and then pays.
They are just heartless greedy scum. Telling someone the match is fixed when they it isn't. An unwise person can stake what he can't afford to lose and then enter serious problem. That's how it works
Re: Is Penny Auctions Of Kobobid Legit Or Scam? by 15ssDRIVE(m): 9:23am On Mar 15, 2021
airsaylongcome:


Clear me na. Abeg. Out of curiousity I chatted one up last year I think or maybe 2019. The guy gave me one game. Pretended to place the bet but didn't actually do so. Result and forecast were in opposite direction. I laughed. But I still didn't get how the paro dey run. So clear me make I wise up small


You send money

I give you,any Nunber wey I like ............



You loss -= on your own
You win = 0.0.0% possibility because those guys get super curse on their heads for scamming so many innocent people of their last meal..


Now..... you still need more information
Re: Is Penny Auctions Of Kobobid Legit Or Scam? by Extremefiles(m): 9:26am On Mar 15, 2021
DigitB:
Ok.

I need the software.

Any plug?
Lol
Re: Is Penny Auctions Of Kobobid Legit Or Scam? by SeasonedMEMBER(m): 9:44am On Mar 15, 2021
airsaylongcome:


Clear me na. Abeg. Out of curiousity I chatted one up last year I think or maybe 2019. The guy gave me one game. Pretended to place the bet but didn't actually do so. Result and forecast were in opposite direction. I laughed. But I still didn't get how the paro dey run. So clear me make I wise up small

LOL... this is the logic... he really wished he predicted correctly AND you on the hand is lucky u did not stake on it.....He would have gotten u if his prediction came out correct.
Re: Is Penny Auctions Of Kobobid Legit Or Scam? by Omotaday(m): 9:52am On Mar 15, 2021
quadriolakunle:
If you know it is this lucrative and you can create similar system, i dont understand why uou are not already doing it.

You still have the advantage of the second/3rd entrant into that market, dont sleep on it.

If you need a free consultant/ first volunteer team member, you can have a bit of my time.

https://www.vanguardngr.com/2021/03/what-nigerias-economyll-gain-from-kobobid/

Look at the link above, Kobobid already making news.

Can we talk privately about this?
Re: Is Penny Auctions Of Kobobid Legit Or Scam? by stev10(m): 10:12am On Mar 15, 2021
Alejobs:


Make we learn together. Guy in case you need solar laptop powerbank, Holla @ me, more than 10 hours guaranteed!


How much are you selling?
Re: Is Penny Auctions Of Kobobid Legit Or Scam? by Alejobs: 10:43am On Mar 15, 2021
stev10:



How much are you selling?


50k and 75k

Re: Is Penny Auctions Of Kobobid Legit Or Scam? by Alejobs: 10:45am On Mar 15, 2021
Pious101:
how long can it power the TV? Is it only charge through solar or both with phcn light

Supplied with a charger that can be used with phcn and gen. The charger turns from Red to Green when battery is full
Re: Is Penny Auctions Of Kobobid Legit Or Scam? by airsaylongcome: 11:20am On Mar 15, 2021
SeasonedMEMBER:


LOL... this is the logic... he really wished he predicted correctly AND you on the hand is lucky u did not stake on it.....He would have gotten u if his prediction came out correct.

tifany89:

This is how it works . They claim to have a fixed game and they give let me say 5 different person's different outcome of a particular game hoping to cash out on the one that enters . So the person that has the winning prediction feels it's really a fixed game and then pays.
They are just heartless greedy scum. Telling someone the match is fixed when they it isn't. An unwise person can stake what he can't afford to lose and then enter serious problem. That's how it works

15ssDRIVE:



You send money

I give you,any Nunber wey I like ............



You loss -= on your own
You win = 0.0.0% possibility because those guys get super curse on their heads for scamming so many innocent people of their last meal..


Now..... you still need more information

Lol...thank you all the explanation. Really appreciate

1 Like

Re: Is Penny Auctions Of Kobobid Legit Or Scam? by rentAcock(m): 12:27pm On Mar 15, 2021
Its not a scam. Its all about risk vs reward. If you know there are other people bidding against you and you pay for each bid then you should know that the odds of winning are stacked against you. It's just like people spending a small amount of money to play the lotto, again the odds are against you but if you win, the reward is exponential. So when it comes to penny auctions, only bid what you are comfortable losing and nothing more.
Re: Is Penny Auctions Of Kobobid Legit Or Scam? by ItrendNaija(m): 3:25pm On Mar 15, 2021
Looks legit to me

1 Like

Re: Is Penny Auctions Of Kobobid Legit Or Scam? by ItrendNaija(m): 3:26pm On Mar 15, 2021
chuddyforlife:
Real scam....dont invest ur money on something you will later regreat
Definitely not a scam. Was skeptical until I saw the Nigerian lotto regulatory commissions license on their page. or would lottery commission endorse a scam?

2 Likes

Re: Is Penny Auctions Of Kobobid Legit Or Scam? by 2Lucid: 3:32pm On Mar 15, 2021
Nigerians typically fear things they don't understand. It's lottery, chances of winning is slim. The fact that you don't win doesn't mean it's a scam, it's called lottery
Re: Is Penny Auctions Of Kobobid Legit Or Scam? by saxby(f): 3:38pm On Mar 15, 2021
While people are arguing if it's legit or not, some other people will low-key be making their cool money, na so this life be
Re: Is Penny Auctions Of Kobobid Legit Or Scam? by saxby(f): 3:39pm On Mar 15, 2021
2Lucid:
Nigerians typically fear things they don't understand. It's lottery, chances of winning is slim. The fact that you don't win doesn't mean it's a scam, it's called lottery
it's not just Nigerians, humans in general fear what they don't understand grin. But those who are willing to take the risk get rewarded heavily wink

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