Is eBay Dying Out!

I have read a few articles online about how eBay Auctions are losing a lot of their big power sellers. This is because the bidding wars between consumers are no longer there. It seems that consumers are looking for that fixed price item. I do know that eBay does offer sales of fixed price items too. So, I wonder if this will be the road eBay and other online auction houses will be going down. I personally like the fixed price items verses trying to bid on some over price items. Maybe the trend is changing because big power sellers have taken advantage of too many people. Now it’s our turn to pay what it’s really worth. Not sure if this will do eBay in, but their profits are hurting. Their going to need to make some cuts if their going to remain profitable.

Time To Get Tight!

It’s time to close the wallet and put your money under your mattress.  I’m not kidding; times seem to be getting worst.  During today’s trading, stocks are down again, as of right now.  Some are saying that the Dow will hit 9,000 again.  Yesterdays trading ended badly as well.  The price of oil today has been level per barrel, mostly because the U.S Govt. stated there has been a drop in demand. Let’s not forget that more and more people are losing their jobs during these troubling times.  My advise, stock up and food and have some cash on hand, and stop depending on the U.S Govt.

Hacker Site Gets Hit!

How about that, one of the biggest hang out spots for hackers got hacked. The site, which I’m not going to name, because you should never visit a hacker site, was hacked by the user “Catch Them.” He gathered the full list of registered users, all their passwords, and even their email addresses. Then he or she posted the gathered information on the Full Disclosure security mailing list. This person also posted screen shots of the hack job, including their user list. I guess things really do come full circle. I read the site has been in and out, but not fully sure, I didn’t visit the site. Hacker sites provide information to people to use against good people. And sites that provide tips to hack others should be removed. And we can only hope that this one stays down for good, but the chances are it won’t.

eBay or uBid?

Here’s a no brainier, or is it! eBay.com is the world’s largest online auction marketplace. You would think they would be the number one choice for everyone. Then why do you think that uBid.com has over 5 million customers and sold over $1 billion dollars in merchandise since 1997. They currently attract over 2.0 million unique visitors a month to its website uBid.com. They also wholy own Bidville.com to handle their entire consumer to consumer marketplace. I don’t have eBay’s numbers, but I’m sure it would top uBid’s. I will say that uBid.com must be doing something right to be growing at the rate they are. I believe that uBid.com/Bidville.com is growing at the rate they are because their rates seem to be lower than what eBay’s are. Although eBay’s rates are higher, you really do get what you’re paying for. So you choose!