Pyramid Scheme on Bid Directories?

Just curious how often this happens formally or informally.
I bid $5 on yours, and you bid $5 on mine.
Then over time, I increase my bid to $500 as you increase your bid to $500.
Also, we start to include more people. They bid a little, and then I bid a little on their site.

If I am one of the first to be involved in the this process, I benefit more than those that come later.
There seems to be somewhat of a pyramid scheme to this.
(though not entirely)

What do you think?

(note: I'm just analyzing and getting your thoughts. By the phrase "pyramid scheme", I don't necessarily mean that in a negative context, but I also want to see what you think)

 

atleast not all directories are worth the $500 bid.
and about the pyramid scheme i think it may occur unintentionally just because one buys a link from you some may want to return the favour .
I did that.

 

That may be possible, but no body can know whether they are reciprocating the BIDs

 

Pretty simple way of making your bid directory look appealing and valuable, never even thought of it but I am sure it goes on or it will

 

Well that would fall under the "Tag Team Action" in rulz and ethics thread...
But i agree it is probably happening...

Trust me when i tell you that if your a Peon or an unkown and your lucky enough
to get someone who submits to your directories for 5-10 bucks and i see someone
bid $50 on your bidding directory then i know both of you are doing this...
and you wasted any chance of seeing my bids....

thx
malcolm

 

That is why I not buying any links from this type of directories.

If I do I just pay the lowest price and don't increase my bids to be on top. I think I can do much better buying links from other directories.

 

i only bought links on an0n's site cuz its pr 6

and tht was all .. i did bought in couple other ... but no submissions at linkwide.info << cuz i haven't started promoting yet

 

"A pyramid scheme (also known as "Pyramid Scam" [1]) is a non-sustainable business model that involves the exchange of money primarily for enrolling other people into the scheme, usually without any product or service being delivered."

You could call it something else not “Pyramid Scheme” I think it’s a simple reciprocal link system for biding directories.

 

some people just tend to not think, but rather just post instinctively.
not surprised at all.

 

It's a new ways of pyramid scheming, I think dvduval may have something there, made me wonder how some one so cheap could be bidding $500 in a few places.

I think such things could exist among friends or groups, just wait when it starts to get some PR's, if I will like someone and or "trust" worthy I might bid a little more. So this type could be something to keep in mind at all times.

 

it does exist, and i've researched it and have very very solid evidence.

for example:

why would site A, bid $100 out of nowehere on a bidding directory when,
Site A could get a link in roughly 3-4 strong directories of their choice of 8-12 solid directories for their site.

Now, to further that, I did a check on our major and stronger directories, and guess what? ..nope, not a single listing for that site.

odd wouldn't you think?

 

Pyramid schemes are illegal because money is collected with the sole purpose of someone at the end being screwed. If folks do a 'I bid on yours and you bid on mine' then it is not really the same thing as a pyramid scheme but it is designed to decieve a potential buyer.

 

LOL exchange of money and Link well quite Interesting tough

 

Well if you increase the value of your directory I don’t see any problem, there is really no difference if I submit $50 bid to your directory and you submit $50 to mine; only paypal wins If you put a bid of $50 without getting value then you have a problem.

Well the problem I see is that they are artificially inflating market prices, but this is done by big corporations also and cartel strategies all the time.

 

I guess it really comes down to what someones intentions are and that is almost impossible to know.

If it were a couple of people who decided to build bid directories and never promote them and just try and trick folks into bidding then it would be wrong but that is where a buyers due dillegence comes into play.

If you are buying from folks with good reps and track records then you really have nothing to worry about IMO.

 

@ !ASK!

hey stay out off those dam dictionaries and wiklopedia...
they will think you are duplicating content

 

guess even if it happens, it wld be easy to check by looking at the top bidding directories to see if there is a 'reciprocal' link in that directory too.

anyway, besides the example of malcolm1 abt unknown directories getting huge bids, there will really be no way to know for sure if such things are occurring and it will be a judgement call on the directory owner and reputation.....

 

don't get this thread twisted, as it does NOT only pertain to bidding directories, but it also pertains to phpLD directories as well.

 

how does this issue concern phpLD directories? the very basis of this thread is due to the artificial inflation of bid prices by conspirators, which is not applicable for phpLD directories.

 

that's quite interesting concept. However I don't think it is pyramid scheme...
Bid directories have some issues to solve though. Some owners could abuse it by manipulating bids.

But for most DP members such An0n and Chris' bid directory, I believe integrity there.