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The site where you can buy an iPhone 3G for $7.48

The site where you can buy an iPhone 3G for $7.48

He is selling $25 for 87 cents. He’s sold Michael Jackson tickets for next to nothing. And now he’s selling an iPhone 3G for $7.48.

Perhaps you might think Nicolas Dickreuter, the creator of PsychoAuction.com, is a few bills short of a fold himself. Some of his friends think so. Dickreuter used to work for Lehman Brothers and now he doesn’t. So he set up the site, a sort of eBay on ganja, on which auctions last only a few minutes and prices are absurdly low.

“I appreciate that some of my friends are concerned, but I can assure them I have not lost the plot,” Dickreuter told the Sun. “This is the next generation of online auction sites. Once it attracts more users, there will be more bidders–and more realistic prices.” Currently, you get three free bids, but then have to pay to bid more. However, the more people you bring to the site, the more free bids you earn.

URL: http://wwwhackinthebox.org/index.php?name=News&file=article&sid=31389

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