What is PayBox Shop?

@diamania (7011)
Netherlands
October 20, 2010 10:08am CST
I just read an announcement about PayBox shop on PayBox.me. I know it's an auction site. I guess we can use our PayBox.me currency to fund our PayBox Shop account? I don't really understand that after all it's free money we have received and I don't see how the PayBox Currency is similar to the dollar and yet we can spend it on this auction site... In other words... I am so confused...
1 person likes this
5 responses
sona22
@sona22 (1430)
• India
20 Oct 10
I failed understand the process of paybux.me. How the site giving so many money in pre-launch condition. Moreover the members can not withdraw the money. Another one is that the member should login everyday. Who will tell us in details?
1 person likes this
diamania
@diamania (7011)
• Netherlands
22 Oct 10
Yep they're giving away 50 PayBox Currency. I refer to it as PayBox Currency because I see no way how it's going to be even close as valuable as the dollar. I mean giving out free money of a new currency heavily dilutes the value of the money just like it would with paper money. They give the chance to have people buy things in the auctions however since the money is worth close to nothing and legally the money probably doesn't even exist I don't see how they can have auctions...
1 person likes this
pankajgarg
@pankajgarg (797)
• India
25 Oct 10
i just made a bid for an iphone on the paybox shop and i don't know what to do next but it would be nice if we will get something out of it... and may be this site matures and turn out to be a legit which is hardly assumed but still possible
diamania
@diamania (7011)
• Netherlands
27 Oct 10
Most of those Iphone thingies are just a trick to get you to sign up for a referral website that offers an Iphone when having enough referrals 'going green'.
Bd200789
@Bd200789 (2994)
• United States
24 Oct 10
I've looked at it, but there's really nothing I want. You transfer money from your Paybox account to the shop.
diamania
@diamania (7011)
• Netherlands
25 Oct 10
Yeah it isn't really a site that makes me jump like a kangaroo. It makes no sense to buy services and goods for money that doesn't exist. :d
kingparker
@kingparker (9673)
• United States
22 Nov 10
I never use this website, if you are confused already, I have no idea how this website is gonna work. Anyway, thanks for the advice, and I will go check on it myself. Hopefully, it will help.
damned_dle
@damned_dle (3942)
• Philippines
20 Oct 10
I haven't heard of that. I am not interested inPaybox coz it really sonds like scam. Maybe it means you will get mickey mouse money for items you want to sell?? Are the members selling those items? Or the items came from paybox??
diamania
@diamania (7011)
• Netherlands
20 Oct 10
Yes, it's probably scam but with the auction site we can create something while we have nothing. Buying a service that improves revenue bought for a few free paybox currency is an example. :P It's still confusing... :d
1 person likes this