£170,100.00 for loom band dress on eBay

[zagy123]

hi everyone, this listing just ended and i am impressed of the price some items can get on EB. i just wondering if the highest bidder pays for the dress. it`s just rubber bands. have you seen that listing? at nearly same time another one ended at £36. what is the secret to get such price i`m wondering?

[stevebills]

Lot of jokers and time-wasters on ebay just try selling a car had to re list it 5 times once as nobody turned up lol

[benny]

its not a sale at all until the cash is in your hands, no matter how big the figure it means nothing until then....

[isitworththestress]

Originally Posted by benny

its not a sale at all until the cash is in your hands, no matter how big the figure it means nothing until then....

On ebay even the cash in your hands is no guarantee these days.

If scammers artificially inflate the price of something constantly, it creates a buzz and demand for the product.

Buyers will then pay alot of money for it, believing they are getting a bargain at £1000, and they can then resell for £10,000.

Unfortunately the item was never worth the £1000 you originally paid. You were just made to think it was a bargain as part of an elaborate trick.

Quite a clever scam, really.

[rsot]

Likely a NPB causing a big brouhaha

[oompaloompa]

my little girl has a loom band factory running in her room.......new supplies delivered daily for this insatiable appetite

[zagy123]

Originally Posted by just_smile

If scammers artificially inflate the price of something constantly, it creates a buzz and demand for the product.

Buyers will then pay alot of money for it, believing they are getting a bargain at £1000, and they can then resell for £10,000.

Unfortunately the item was never worth the £1000 you originally paid. You were just made to think it was a bargain as part of an elaborate trick.

Quite a clever scam, really.

yes, i noticed a lot of offers now for a lot lower prices. just wondered shall i knit a dress but the lower prices make it pointless. i think a £1000 it`s ok-ish to get for the labour but there is so many of them for £30-£50 starting bid. some dresses sold for a £100. no point making.

[benny]

Originally Posted by isitworththestress

On ebay even the cash in your hands is no guarantee these days.

it is if you do it right ....

[isitworththestress]

Originally Posted by just_smile

If scammers artificially inflate the price of something constantly, it creates a buzz and demand for the product.

Buyers will then pay alot of money for it, believing they are getting a bargain at £1000, and they can then resell for £10,000.

Unfortunately the item was never worth the £1000 you originally paid. You were just made to think it was a bargain as part of an elaborate trick.

Quite a clever scam, really.

veblen goods is not just by the small scammers the big ones have been doing it for years.

[stevebills]

make a very short mini dress do it in a day lol