Empino, Romir Gian O. ITETHIC
A. Integrative Questions:
1. What is Swoopo.com?
Based from the article of Jeff Atwood, Swoopo.com is an auction site where the biddermust purchase bids that are packed up into 30 blocks were each block costs 75 cents.
2. What are the mechanics of the site’s bidding processes?
Swoopo.com is also the same with other auction sites or events that the winner must paythe final price but it is very different from the other bidding processes in terms of its mechanics.The bidder must purchase a pre-package of 30 blocks costing 75 cents each. Then each bidding,the price of the product raises 15 cents every 15 seconds of delay until the winner is beendeclared.
3. What is “Automated BidButler service” in Swoopo?
The Automated BidButler Service is the one will bid for you in case the bidder is notpresent or the bidder simply turns in the “Auto-Pilot mode”. Because the system is theresponsible in bidding on your behalf, the bidder will pay the actual cost the system spend duringthe bidding.
4. Is it possible that the bidder may accumulate a high amount of cost in bidding?
Yes, based from the mechanics and the possibility that the BidButler may contribute inthe bidding processes, there is no doubt that the bidder may accumulate a higher amount of costas he or she bids.
5. Is the strategy of Swoopo is better than others in terms of increasing their interests?
Of course Yes, because of there terms and mechanics, their strategy is much moreeffective that other auction sites. So, I think that they are gaining revenue than other, fast.
6. Ask yourself; is bidding in Swoopo a good or bad investment?
I think bidding in Swoopo is a bad investment because, we can bid on other auction sitesor events that are not implementing the swoopo.com rules knowing that the main purpose of theirterms is to increase the price of its product to the limit.
7. What is the possible impact of bidding on our emotional or mental aspects?
Bidding is the same with Lottery or playing casino, if you want to acquire something witha high value, you will do what it takes to grab that something until it reaches that point of enteringbankruptcy.
8. Is Swoopo.com an Auction site?
No, the only thing that might help you in winning the bid is to hold on luck.
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