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Although speculation was more too good to be true, it is very real. The bidding sites actually create a lot more money compared to what they expend on the new items. That is because customers require buy the authority to bid, on Quibids, a package of 100 bids is worth $60, which isn't 60 cents per attempt. So if you placed one bid and won the iPad at $20, you really spend $20.60 on it again.
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