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Penny Auctions have exploded in the last year, and unfortunately many thieves have taken this popularity and launched fake penny auction sites or sites that employ bots (automatic programs that drive up the prices).

As an internet marketer I have seen more than my fair share of shady websites offering “free trials” or “how to make $$ online” but I feel the need to explain that not all penny auctions are scams.

There are several legitimate companies that do not use bots and are NOT scams, they have a strong community and offer exceptional products and customer service.

However, even these legitimate sites are hard to spot, one reason is that because of their popularity they have many new users who may not fully understand what the rules of these penny auctions are and how they work. What happens in many cases is a user will see an advertisement online that says “Get a MacBook for $11″ and they assume that they can sign up and buy a MacBook for $11. You have to play, its entertainment shopping, and you can get deals, if your patient. This is one of the reasons that penny auctions always, no matter no legitimate they are, always have a ton of bad press.

Its important to know what Penny Auctions actually are.

basically when you sign up you are prompted to make an account and buy bids, this gets most people thinking there is something fishy. But, penny auctions unlike eBay work like this. You buy a pool of bids (usually for $0.60 a bid) and you place those bids at auction.

These websites also differ from eBay because the auctions do not have a set ending, its modeled after the traditional live auction. When you place a bid a small amount of time is added to the clock allowing other bidders to continue.

Its a game of wits and patience but it is not rocket science.

One of the most successful strategies is to wait until the last second or two and then place your bids. Also as convenient as auto bidders are you should avoid them as they bid instantly and do not wait until the last seconds.

Another solid tip is to research what the product has sold for recently, unfortunately it’s usually the iPads or the MacBooks that gets everyone and their mother bidding. If the last iPad sold for $50 don’t start bidding at $10 wait till it reaches it upper level until you bid.

So how do you tell if an penny auction is legitimate?

I highly recommend you do some research on what sites are real before you sign up with your hard earned money, Read reviews, ask your friends and look at the site carefully. One of the biggest tricks is the big ticket winners. The infamous Honda civic for $1100 is a great example. now I want to say I can say I have confirmed that at least two cars have been won. One on the now defunct (and shady) SwipeBids and the other on the largest penny auction website Quibids. If you see a site that is not Quibids showing a car or multiple cars as winners, take a step back and do some research before you sign up.

If you are looking for a deal don’t be afraid of penny auctions, just be informed!

There are different reasons for which we use the internet. Some use it to check their mail box or send a message. Some use it to find friends and chat with their loved ones. Some use it for their business or to buy goods online. These are just few reasons anyone will bother to use the internet. For whatever reason we use the internet, we should have a level of security that can protect our online identity from online thieves.

The major culprit that reveals our identity online is the internet protocol (IP) address which a series of numbers that serve as a unique identifier of all internet users. This address contains some important data on its owner, for example, your location can be determined from the number assigned to you because each region has its own specified number in the address.

For this purpose, there are different IP changing methods that have been developed to ensure the privacy of internet users online. These are the free proxy server and the paid IP hiding software. The free proxy method will require you going through a website to search for info from another site. Just that only the internet protocol of the proxy site will be shown on the site you are requesting information from. But this method is not so reliable in that it does not load all sites and it is very sluggish in loading pages. The proxy is mostly used by casual internet users who are not so much concerned about their privacy online.

The paid software option is made for those who seriously consider their privacy online e.g. businesses and individuals that share and receive vital information and data online. Since your IP address can be used to access the files on your system, individuals or businesses that have important info on their system also prefer to use the paid software. The software is like any other conventional software which can be installed into your computer’s hard disk. At installation or at any other point in time, the software allows you to change your location. With this, you can even access sites that are country or region-specific.

With the IP hiding software, you can quit worrying about whether your online privacy is secured and surf anonymously.