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eBay For Millionaires

samzenpus posted more than 4 years ago | from the auction-site-of-substance dept.

The Almighty Buck 118

AC writes "Got $2 million in assets? Then you can join BillionaireXchange; just the place to find a 2006 Bugatti Veyron with a Start Bid of $1,050,000.00. Or perhaps you are looking for a boat like the Disco Volante (from James Bond), for example the 2000 Azimut Motor Yacht, a lovely 85-footer with a Start Bid of $2,700,000.00. On the other end of the deal, did your hedge fund leave you in the lurch? This is the place to sell those extravagant toys you thought you could afford."

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118 comments

FOR WORKERS REVOLUTION (1)

For a Free Internet (1594621) | more than 4 years ago | (#30085066)

For new October revolutions! Reforge the Fourth International, world party of socialist revolution!

Veyron + Salt Water Don't Mix... (4, Funny)

Maddog Batty (112434) | more than 4 years ago | (#30085108)

Alternatively, you could try giving your Veyron a salt water wash...

http://www.autoguide.com/auto-news/2009/11/video-bugatti-veyron-pulled-from-saltwater-lagoon-after-crash.html [autoguide.com]

Re:Veyron + Salt Water Don't Mix... (1, Redundant)

necro81 (917438) | more than 4 years ago | (#30086152)

That just makes me cry.

Not Nerd or Geek News (0)

Anonymous Coward | more than 4 years ago | (#30085120)

An interesting article and definitely newsworthy. But it's not for /.

Here, it's a slashvertisement.

...until an M$, /\pple, 5oogle, exec sells something, even if it's not geek related.

Re:Not Nerd or Geek News (2, Interesting)

Philip K Dickhead (906971) | more than 4 years ago | (#30087898)

Heck. This site is a stealth something. I don't know what they're up to - but it's not what it appears.

"Hey, Mr. Multi-Millionare! Click stuff that lets me know your net-worth, on my quickly built Drupal site!"

Obviously... (1)

denzacar (181829) | more than 4 years ago | (#30088824)

Whoever put this up is a super-villain.

The only question is - is (s)he just looking for perspective victims, or is (s)he trying to trap a potential billionaire-playboy-vigilante.
You know... someone like Batman.

Re:Obviously... (1)

Philip K Dickhead (906971) | more than 4 years ago | (#30088922)

I think it's the IRS or FBI. A sting op.

Re:Not Nerd or Geek News (1)

Johnny Mnemonic (176043) | more than 4 years ago | (#30088874)

I wonder how they verify that you have the requisite $2M in assets. And what they can do with the information you provided to assert that.

So, why is this in YRO? (5, Insightful)

selven (1556643) | more than 4 years ago | (#30085136)

Do millionaires trading houses and planes infringe on my rights in some way?

Re:So, why is this in YRO? (4, Funny)

Shrike82 (1471633) | more than 4 years ago | (#30085160)

It's because none of us have the right to become a member, unless browsing /. is the latest fad for industrial tycoons and Hollywood A-listers. I'm taking this as a deliberate assult on my rights to make fake bids on speedboats and supercars, and I'll be writing a strongly worded letter to my local governent representative expressing my concern and displeasure.

Re:So, why is this in YRO? (-1)

MrMista_B (891430) | more than 4 years ago | (#30085196)

Er, What are you talking about?

Anyone can be a member.

"No, however BillionaireXchange.com is an exclusive member site. All memberships must be approved and verified. This reduces the amount of fraudulent communications and transactions which plague many other online auction sites. We've partnered with Telesign to provide telephone verification services for our member screenings. We also personally contact our members to ensure we know who's interacting on the Xchange."

That's right in the faq.

eBay is just as exclusive - you can't use eBay without signing up either, and they also verify your identity. eBay also personally contacts their members to ensure they know who's interacting on the eBay site - they sure emailed me when I signed up!

The only difference here is fancier words.

Re:So, why is this in YRO? (3, Insightful)

Shrike82 (1471633) | more than 4 years ago | (#30085260)

Wow. Pedantic much? Clearly I'm joking, but in the summary and the link to the blog it's clearly stated that to join you must have verifiable assets of at least $2M. The answer you posted from the site is in response to the question "Are there charges to join?", not "Do I need to have millions of dollars to join?".

Re:So, why is this in YRO? (2, Funny)

Hognoxious (631665) | more than 4 years ago | (#30085892)

Joe Moneybags: Can I join?

Billionaire Exchange: We need to check how much money you have.

JM: Well you wouldn't want any riff-raff in, would you.

BE: Quite. So can you send us details of all your bank accounts. Oh, we'll need the access codes, passwords and all that.

JM: Not sure about that, can't I fax you the statements?

BE: Any teen with a computer can fake them. Riff-raff, remember?

JM: Umm ... OK, here they are.

[1 week later]

BE: [answering phone] Hello, Billionare Exchange, how can I help you?

JM: What's up. It's me, J Moneybags the third. I was waiting to hear from you guys.

BE: Sorry, you aren't sufficiently wealthy. Short by about 1.9 million, in fact.

JM: But I've got ten million in cash alone!

BE: Correction. You had ten million. Have a nice day now!

[Click-clunk. Dialtone...]

Re:So, why is this in YRO? (0)

Anonymous Coward | more than 4 years ago | (#30085298)

anyone can be a member? did you read the link at all or just post right away looking for an insightful mod?

Re:So, why is this in YRO? (4, Insightful)

Spazztastic (814296) | more than 4 years ago | (#30085414)

anyone can be a member? did you read the link at all or just post right away looking for an insightful mod?

Isn't that the point of posting? Hoping that someone with points doesn't RTFA and assumes that you are correct? Oh look, they might mod me up, too!

Re:So, why is this in YRO? (1)

NoYob (1630681) | more than 4 years ago | (#30085648)

It works the other way too. Post something negative about Linux and regardless of how true it is, it's an automatic -1 "Flamebait" or "Troll" or the sneaky mods do an "Overrated" .

It's getting better with regards to Apple - the fanboys seam to be growing up. The MS haters, though, are lagging but getting there.

Re:So, why is this in YRO? (1)

Spazztastic (814296) | more than 4 years ago | (#30085704)

It's getting better with regards to Apple - the fanboys seam to be growing up. The MS haters, though, are lagging but getting there.

No matter how you look at it, people are going to disagree with you on the internet either because you are actually wrong or because they are just doing it to attempt in getting a rise out of you. The third reason is that they truly believe that they are right, when they are actually wrong and you were correct in the first place. Ah, what a great culture we have!

Re:So, why is this in YRO? (5, Insightful)

jamesh (87723) | more than 4 years ago | (#30085318)

My guess is that if it was filed under 'idle' where it belongs, nobody would see it.

Re:So, why is this in YRO? (2, Funny)

owlnation (858981) | more than 4 years ago | (#30085412)

My guess is that if it was filed under 'idle' where it belongs, nobody would see it.

The article was posted by samzenpus. All his articles belong in idle -- or better yet, digg or some other website.

Re:So, why is this in YRO? (1)

Spazztastic (814296) | more than 4 years ago | (#30085438)

My guess is that if it was filed under 'idle' where it belongs, nobody would see it.

The article was posted by samzenpus. All his articles belong in idle -- or better yet, digg or some other website.

Usually samzenpus doesn't make mistakes like filing it under the wrong category, though. This might fall on whoever submitted the story in the first place and the morons who used the firehose to get it approved when it was under the wrong category.

Re:So, why is this in YRO? (1)

Disgruntled Goats (1635745) | more than 4 years ago | (#30087764)

No, sampenzus posts articles in the wrong spot all the time. This isn't the first time he's posted idle crap in YRO.

Re:So, why is this in YRO? (1)

Thiez (1281866) | more than 4 years ago | (#30085420)

I thought that was the whole point of 'idle'?

Re:So, why is this in YRO? (1)

Spazztastic (814296) | more than 4 years ago | (#30085388)

Do millionaires trading houses and planes infringe on my rights in some way?

Yeah! Seriously, we'd expect a mistake like this from k-doesn't-rtfa-or-correct-the-summary-dawson, but come on samzenpus! You always do so well when you post articles.

Life imitates fiction... (5, Funny)

RadioElectric (1060098) | more than 4 years ago | (#30085148)

But will they have Airwolf, lasers and the head of Keith Moon? http://m.assetbar.com/achewood/uuacdNd5L [assetbar.com]

Re:Life imitates fiction... (1)

sgilti (668665) | more than 4 years ago | (#30086326)

First thing I thought of reading this article. Sup, achewood fan.

Re:Life imitates fiction... (0)

Anonymous Coward | more than 4 years ago | (#30089194)

Yeah, this story is totally Old News. Ray Smuckles brought this to our attention YEARS ago.

Should be filed under TRO (1)

oDDmON oUT (231200) | more than 4 years ago | (#30085186)

"Their Right Online" to sell over valued crap just like common blokes eBay theirs, in order to keep creditors from attaching and disposing of more necessary assets.

Nothing to see here. (4, Funny)

randomlogin (448414) | more than 4 years ago | (#30085204)

No top secret island bases, personal space stations, gold cigar holder and lighter combos that can double as a handgun and definitely no sharks with frikkin laser beams. In short, nothing that any self respecting billionaire /. reader would want to spend their money on.

Re:Nothing to see here. (1)

Spazztastic (814296) | more than 4 years ago | (#30085474)

No top secret island bases, personal space stations, gold cigar holder and lighter combos that can double as a handgun and definitely no sharks with frikkin laser beams. In short, nothing that any self respecting billionaire /. reader would want to spend their money on.

Oh, the main site is just a front. For the space stations, sharks with frikken laser beams, and robotic women who can break a mans neck with their thighs, you have to click on one of the items they have for sale. It's something that seems really out of place, and that nobody would probably want. It's the Barry Manilow platinum record, signed by him. Nobody would ever even click on it, so they figured that would be a safe way to hide the secret site.

Hmm... there's a black van pulling up in front of my house and some goons are getting out, brb...

How much do slashdot readers earn? (5, Insightful)

bramp (830799) | more than 4 years ago | (#30085210)

I'd be curious to see a poll of how much slashdot readers earn. Then we'll know how many people actually find this new article interesting/useful.

Re:How much do slashdot readers earn? (1)

Antiocheian (859870) | more than 4 years ago | (#30085232)

My thoughts exactly. I doubt that a single regular here would have any interest (besides data mining or other geeky stuff) on billionairexchange.

Re:How much do slashdot readers earn? (0, Insightful)

Anonymous Coward | more than 4 years ago | (#30085266)

Exactly. The site is only for honest, hard working people who are too stupid to actually make any money out of said honesty and hard work.

Man, the worst thing about slashdot is listening to the proles whining.

Re:How much do slashdot readers earn? (1)

mrclisdue (1321513) | more than 4 years ago | (#30085314)

Can you actually hear the text on the page? Do you use a speech synthesizer?

Does it run on Linux?

Re:How much do slashdot readers earn? (1)

228e2 (934443) | more than 4 years ago | (#30085874)

Opera long ago came standard with a speech function . . . I say long ago because its been years since i've used Opera and no longer know if its still around.

Re:How much do slashdot readers earn? (1)

Antiocheian (859870) | more than 4 years ago | (#30086272)

There wasn't any whining in my posting. You obviously read what you want to read.

Re:How much do slashdot readers earn? (4, Insightful)

IndustrialComplex (975015) | more than 4 years ago | (#30085304)

My thoughts exactly. I doubt that a single regular here would have any interest (besides data mining or other geeky stuff) on billionairexchange.

My father-in-law runs a restoration business for collectable vehicles. The typical job tends to charge 1-2 million dollars. (They will reproduce the parts from either the original plans or will pay someone to go and measure the part on their car and rebuild it to spec)

He does purchase some of these vehicles, restores them on the side, and resells them for a modest profit. He doesn't have nearly the disposable income to simply hold onto them (maybe for a few months of car cruises, competitions, and the like) A place to sell these vehicles other than ebay or the various auction houses would be of interest to him.

I'm too frugal myself to deal with luxuries in the +$200k range, and I cringe at Rolex watches, but you shouldn't be surprised if a few slashdotters do have quite a bit of disposable income.

Re:How much do slashdot readers earn? (2, Insightful)

Spazztastic (814296) | more than 4 years ago | (#30085398)

you shouldn't be surprised if a few slashdotters do have quite a bit of disposable income.

Yeah, and Steve Wozniak does read Slashdot. He certainly has disposable income.

Re:How much do slashdot readers earn? (1)

xtracto (837672) | more than 4 years ago | (#30086064)

and John Carmack and Richard Garriott and another random guy I remember who owned a "only Mac aboard" yatch.

Re:How much do slashdot readers earn? (1)

Disgruntled Goats (1635745) | more than 4 years ago | (#30089142)

Yes because most regular slashdot posters clearly have the wealth of Wozniak, Carmack and Garriott.

So much blood! (0)

Anonymous Coward | more than 4 years ago | (#30089978)

So many assumptions and so little time... what to do?

Re:How much do slashdot readers earn? (1)

Antiocheian (859870) | more than 4 years ago | (#30086298)

Mind the word "regular" -- not "slashdotter" in general.

Re:How much do slashdot readers earn? (1)

fulldecent (598482) | more than 4 years ago | (#30086624)

>> I'm too frugal myself to deal with luxuries in the +$200k range, and I cringe at Rolex watches, but you shouldn't be surprised if a few slashdotters do have quite a bit of disposable income.

Yes, many slashdotters even wear underwear. Let's post articles about underwear, that should be relevant.

Re:How much do slashdot readers earn? (2, Funny)

Killer Orca (1373645) | more than 4 years ago | (#30087524)

Yes, many slashdotters even wear underwear. Let's post articles about underwear, that should be relevant.

Only if they are about where the gnomes are hiding mine.

Re:How much do slashdot readers earn? (1)

mxh83 (1607017) | more than 4 years ago | (#30085434)

Either a poll or ask slashdot. I second this idea.

Re:How much do slashdot readers earn? (1)

Spazztastic (814296) | more than 4 years ago | (#30085498)

Either a poll or ask slashdot. I second this idea.

One thing to remember about polls:

This whole thing is wildly inaccurate. Rounding errors, ballot stuffers, dynamic IPs, firewalls. If you're using these numbers to do anything important, you're insane.

That is printed below the poll results. It may give you a rough idea, but you can't really use it for anything. You also have to take into account the people who don't share that information freely (frankly nobody should -- you are not your fucking khakis), and the people who will just vote for CowboyNeal's option or the highest amount just to skew the results.

Re:How much do slashdot readers earn? (0)

Anonymous Coward | more than 4 years ago | (#30087316)

As a Nigerian diplomat, I'm very interested. Where do I sign?

This actually makes some sense (4, Insightful)

Goonie (8651) | more than 4 years ago | (#30085254)

The ridiculously rich support a not insubstantial group of brokers of second-hand yachts, planes, luxury cars, real estate, art, and so on. These businesses generally have flashy offices, high-paid staff, and collect a fair amount of commission for helping facilitate the transfer of said assets from those on the way down to those on the way up.

The business skills of the very rich are often overrated, but most of them are smart enough to figure out that cutting out the middlemen saves both the seller and buyer money. This lets them do it without the embarrassment of parading their failures to us plebs.

Re:This actually makes some sense (4, Interesting)

purpledinoz (573045) | more than 4 years ago | (#30085416)

After browsing, I found only 1 bid on a backgammon set for $500K. Not much volume on this site, yet. In any case, this is a very bad time for luxury goods.

Re:This actually makes some sense (1)

Spazztastic (814296) | more than 4 years ago | (#30085454)

In any case, this is a very bad time for luxury goods.

Or a good time depending on how you look at it -- especially with cutting out the middleman as Goonie said. Some people are making a killing right now in the market because they bought while things were in the shitter and now that it's starting to climb back up they might be looking to reward themselves with their fine investments. You also have to think about the crooks and liars who got us into this financial situation in the first place and that they probably still have disposable income to spend on stupid shit that nobody needs but only wants.

Re:This actually makes some sense (1)

Spazztastic (814296) | more than 4 years ago | (#30085516)

Reward themselves for their fine investments*

I think most people will catch on to what I meant, though.

Re:This actually makes some sense (1)

CharlyFoxtrot (1607527) | more than 4 years ago | (#30085578)

I just assumed that this site was either run by the luxury brands as an advertisement (or at least a way to attract ads from luxury brands) or maybe to facilitate things for the middlemen and established auction houses. Who would want to deal with buying and selling on the net if you're swimming in cash ? These guys already have their "people" and in my experience the richer they get the less they are embarrassed by making others jump through hoops for them for a pittance.

Cutting out the middlemen... (0)

Anonymous Coward | more than 4 years ago | (#30085708)

The business skills of the very rich are often overrated, but most of them are smart enough to figure out that cutting out the middlemen saves both the seller and buyer money. This lets them do it without the embarrassment of parading their failures to us plebs.

Yeah, it kind of sucks having to hire lobbyists to pester congressmen so that you can get at the taxpayer's money. It did help when they started giving Wall Street boys and corporate executives high positions in places like the treasury and the federal reserve system or even making them vice presidents but it's still not the same as direct access.

Colbert Platinum (0)

Anonymous Coward | more than 4 years ago | (#30085270)

Life imitates Colbert, yet again.

If you have less than $1million in liquid assets, you are not allowed to read this post. Please jump to a new page.

Ads? (1)

bauernakke (545050) | more than 4 years ago | (#30085290)

If I had to sell something expensive on an exclusive site, I would go for something more serious looking. Putting ads on the front page makes this look like (more of) a cheasy hype site

This site is a joke (1)

Ice Station Zebra (18124) | more than 4 years ago | (#30085310)

Somebody ought to join and list the earth for sale. Buy now for $100 trillion!

And they couldn't afford a better domain name? (1)

popo (107611) | more than 4 years ago | (#30085320)

Seriously, "BillionaireXchange.com"? Way to sound low rent guys. Was it a toss up between that one and "RichguyzAuction.biz"?

Re:And they couldn't afford a better domain name? (4, Insightful)

Bazar (778572) | more than 4 years ago | (#30085462)

sound low rent?
Look at their site, once you get past how "bling bling" it looks, its actually got very little content, and a hell of a lot of ads.

I also fail to picture why one would want to use an auction for this thing. You don't stay rich by squanding large sacks of money away on items you've not checked out.
Meeting in person would give you a far better idea of whats involved, as well as either talk the price down to something more resonable, or have it explained why its worth so much.

Specifications:

Length Overall (LOA): 85'0"/25.91 m

Engine
2000 MTU 12V 2000
Horse Power: 314
Fuel Type: Diesel

Engine Type: Inboard

Description
Hull Material: Fiberglass
Hours: Contact Dealer

Stock #: 85 Azimut 2000
Status: In Stock

Thats the full description of a yacht with a minimum bid of 2.7 million dollars.
If that auction site was worth a damn, they'd actually either give pages of material about the product, or refuse to list it on such small infomation.
I'm done talking about the site, the fact that the site hit slashdot both gives credence to them, and lowers my perception of slashdot.
I just hope slashdot got a pile of cash for advertising it.

Re:And they couldn't afford a better domain name? (1)

Spazztastic (814296) | more than 4 years ago | (#30085526)

I'm done talking about the site, the fact that the site hit slashdot both gives credence to them, and lowers my perception of slashdot.

Blame the people who modded it up with the firehose. If everybody who is angry about this making the front page used the firehose to mod things down, these sorts of things wouldn't make it through as much.

Re:And they couldn't afford a better domain name? (1)

Disgruntled Goats (1635745) | more than 4 years ago | (#30088144)

the fact that the site hit slashdot both gives credence to them

You give Slashdot way to much relevance outside of its niche audience. I'm willing to bet 99% of people surfing the web will never come across this story posted here.

Re:And they couldn't afford a better domain name? (1, Funny)

dkleinsc (563838) | more than 4 years ago | (#30085894)

They should have called it "billionairesexchange.com" instead (look closely, you'll get it).

Re:And they couldn't afford a better domain name? (2, Insightful)

krelian (525362) | more than 4 years ago | (#30086590)

I don't know which joke is older: the one you posted, or the one in your sig.

Am I the only one who's noticed that ... (1)

thefear (1011449) | more than 4 years ago | (#30085376)

None of the auctions have any bids, and all of the vendors have 0 sales. Sounds like a web2.0 winner!

Not standards compliant (1)

mxh83 (1607017) | more than 4 years ago | (#30085422)

Sure, they sell stuff worth millions. But are they standards compliant? That site looks pathetic in Firefox. Considering the "elite" audience they are trying to attract, they could be directly turning away around 50% of their visitors. I would not like to put my millions on a site like this...

Re:Not standards compliant (1)

daveime (1253762) | more than 4 years ago | (#30086652)

Muh WTF ? Way to go off on a tangent, mate. You must be perpendicular to the equator and heading off towards Jupiter with that one !

In other news ...

City Laws Only Available Via $200 License, but are they standards compliant ?
Micro-Black Holes Make Poor Planet Killers, but are they standards compliant ?
Microsoft Buys Teamprise, Will Ship Linux Tools, but are they standards compliant ? (Oh, that one actually IS relevant) !
Future Blu-ray Movies To Come With Playable Game Demos, but are they standards compliant ?

There's a time and a place to grind your axes, but I don't think this was either.
 

A self confessed Jew listing (-1, Troll)

Anonymous Coward | more than 4 years ago | (#30085440)

Now when the people of the world rise up it may be easier to find where the cockroach Jews are hording all the resources with a waiting spot for them on the People's Gallows (Jew blood smells like feces and causes infections of selfishness and hording and uncontrollable greed, so it is best to hang them then toss them in an oven).

Pay Pal Account? (1)

smitty777 (1612557) | more than 4 years ago | (#30085452)

I can see it now: Please enter your SSN, Credit Card Number and Birthdate. If you're worried, take a look at our privacy policy .

Excellent... (1)

muffen (321442) | more than 4 years ago | (#30085492)

... now all we need is "BillionaireITeXchange -- news for rich nerds, stuff that really doesn't matter" so we have somewhere to post stories like this one!

Bugatti Veyron for cheap coming up (1)

mwilliamson (672411) | more than 4 years ago | (#30085500)

What a dumbass [autoblog.com]

Can't afford a real web designer? (4, Funny)

bilbo909 (974603) | more than 4 years ago | (#30085518)

You would think that a site for billionaires could afford a read web designer and would not use a rocket theme joomla template. http://demo.rockettheme.com/aug08/index.php?option=com_frontpage&Itemid=1 [rockettheme.com]

Re:Can't afford a real web designer? (1)

Archon-X (264195) | more than 4 years ago | (#30085634)

Or alternatively, they know how to save money. Instead of paying thousands of dollars for a design, integration, etc, they drop $50 and have a nice, proven theme.
Seems like the smart thing to do to me.

Re:Can't afford a real web designer? (1)

wren337 (182018) | more than 4 years ago | (#30085818)

You know, this whole thing smells a little too much like "The Sting" to me. Anyone else read David Maurer's "The Big Con"?

Re:Can't afford a real web designer? (0)

Anonymous Coward | more than 4 years ago | (#30085950)

Nice catch. Dude didn't even customize the theme at all!

Re:Can't afford a real web designer? (1, Interesting)

Anonymous Coward | more than 4 years ago | (#30086266)

This has to be a scam look at the registration page
1. unsecured
2. uses a joomal template
3. net worth, Visa, American Express? , sounds to me like its a targeded operation to bilk money out of people that HAVE the money ti bilk.

dear mr. president (0)

Anonymous Coward | more than 4 years ago | (#30085542)

now that the felonious bankers are secured (beyond our comprehension/forever), maybe you could throw some of us old/crippled folks a 'bone', seeing as we did the work that made the billionaires, ebay & almost everything else you see around you. not to mention that what little $$ we had saved was stolen by those same bankers. but you already know that? we know that you're somewhat hogtied by same. thanks.

Tax It (1)

Doc Ruby (173196) | more than 4 years ago | (#30085556)

This exclusive market sounds like an excellent place to levy a 25% Federal sales tax.

Most of those qualifying assets come from TARP and other government handouts. The rest are all enabled by the US government protecting the "capitalism" that collects that kind of money in individuals' hands: socialism for the rich. And all of it is protected from other taxes by an army of lawyers and offshore tax shelters.

Give these rich people a toy exchange as bait for them to pay their way in supporting the government that makes their riches possible.

Re:Tax It (2, Insightful)

fridaynightsmoke (1589903) | more than 4 years ago | (#30090976)

Yes, anybody with more money than you robbed it.
Feel better now?

A-rod's Crib (2, Funny)

smitty777 (1612557) | more than 4 years ago | (#30085562)

Interesting - you can buy A-rod's house online. I guess winning the world series doesn't pay as much as it used to.

(..and yes, I am a bitter Red Sox fan)

Re:A-rod's Crib (1)

geoffrobinson (109879) | more than 4 years ago | (#30086952)

Don't be bitter. If the Yankees didn't exist, we would have to invent them. They collect the most annoying free agents. But more importantly they collect all the front-running annoying fans.

Possibly parody site? (1)

Cheerio Boy (82178) | more than 4 years ago | (#30085672)

I looked through all the listings and I couldn't find one with any bids at all so I'm kind of wondering if the site is real or not.

I can't find anything to prove that it's parody but that doesn't mean it isn't.

Anybody got $2M in assets to find out if it's real? ;-)

Re:Possibly parody site? (2, Informative)

pky666 (1675924) | more than 4 years ago | (#30085830)

I looked through all the listings and I couldn't find one with any bids at all so I'm kind of wondering if the site is real or not. I can't find anything to prove that it's parody but that doesn't mean it isn't. Anybody got $2M in assets to find out if it's real? ;-)

As of 8am EST, there has been two auction items bid upon. (a 2008 Bugatti Veyron 16.4 for $450K U.S, and a 2071 ct Diamond & Gold Backgammon Set for $500K). I suppose if these sales go through, there only has to be a small percentage kept by the web site to make a profit, and not in fact a parody site.

Re:Possibly parody site? (1)

jcaren (862362) | more than 4 years ago | (#30090258)

It does not feel real.

I have worked on auction sites that present cataligues for major auction houses.
The revenue stream was in three parts

  1) charge for display of the catalogue
  2) transfer of e-bids to the auction house
  3) collation and analysis of winning bids.

Reports based upon the latter was the biggest money maker...

Jacqui

Why bidding for Mega Yacht from ... (0)

Anonymous Coward | more than 4 years ago | (#30085860)

$ 49.000.000 when the same Yacht can be bought for $ 14.000.000 (http://www.oceanindependence.com/yacht_forsale.php?id=2377) ?

Access Denied (1)

knix (555545) | more than 4 years ago | (#30085918)

It looks as if my company realizes that nobody gets paid enough to be able to place a bid on this site. They've gone ahead and blocked it so we won't be tempted to bid on items out of our price range. How thoughtful...

/. unite! (1)

hesaigo999ca (786966) | more than 4 years ago | (#30086150)

Slashdotters unite, we could all pool 1 dollar each into a bank account under a name which will never be used except if we all signed off on it, and create an account to then associate with this new found 2 million dollars, to which then all of /. could view at their leisure, without buying anything and keeping the money frozen to always have free access.

It would be pretty cool, although I doubt after the first 100k it would still be there... i think someone would find a way to steal the money.

Re:/. unite! (0)

Anonymous Coward | more than 4 years ago | (#30089658)

you can view it already for free without an account you blathering idiot.

Wooo (1)

Dunbal (464142) | more than 4 years ago | (#30086192)

The only billionaires I see are the owners of the site, racking up huge listing fees. But - but, NO ONE HAS ACTUALLY BID ON THE ITEMS! Shocked.

the site is for the rich, but (1)

archangel9 (1499897) | more than 4 years ago | (#30086198)

an education apparently isn't required for sellers. Check the titles of some of his "art".
http://billionairexchange.com/xchange/other_items.php?owner_id=100011 [billionairexchange.com]
"Falboart" apparently thinks highly of his cubist work. Is Falboart an anagram for "Borat Laf?"

Re:the site is for the rich, but (1)

PerfectionLost (1004287) | more than 4 years ago | (#30087230)

It's depressing that rich people post auctions in ALL CAPS too.

I always figured that it was just leotards on ebay.

Also, apparently slashdot did not let me post this comment in all caps. That must be why this place seems so civil.

Best quality, Best reputation , Best services (0, Offtopic)

coolforsale91 (1677948) | more than 4 years ago | (#30086386)

If you want to have a warm winter,you have to know Ugg boots.Ugg boots are “must have ” nike air max jordan ,shoes, caoch,gucci,lv,dg, ed hardy handbags in the winter.Now here is an onlinestore , discount 30%-50% off,free shipping, you may take a look, you may find the UGGS you want here.http://www.coolforsale.com thanks...

You mean billionaires? (1)

mysidia (191772) | more than 4 years ago | (#30086628)

If you are a millionaire with a couple million. I don't think you'll want to buy a $1 million toy. Also, imagine the sales/use tax on that you'll be paying to your state, probably another 100 or 200k, unless you're in Alaska, Delaware, Montana, New Hampshire, or Oregon.

frost p15t (-1, Offtopic)

Anonymous Coward | more than 4 years ago | (#30086816)

lube. This Can lead that *BSD is May Be hurting the pro-homosexual

tags (0)

Anonymous Coward | more than 4 years ago | (#30087172)

I don't get the tag "let the meat cake".

What is a meat cake? And what should I let it do?

Listing Price vs. No one is bidding (1)

charleste (537078) | more than 4 years ago | (#30087598)

I wonder what they charge to list items on a site that is receiving no bids?

censorship continues on /. (0)

Anonymous Coward | more than 4 years ago | (#30087622)

how pathetic. mynuts won; to be deleted by buyassed stock markup felons.

Joomla (1)

macsyrinx (1349955) | more than 4 years ago | (#30087746)

A billionaire site running on Joomla. typical

It's a Phishing site... (1)

dharte (762124) | more than 4 years ago | (#30087750)

From the article: "requiring of prospective members a minimum of $2 million in verifiable net worth."

Also Ebay for millionaires... (1)

stonefry (968479) | more than 4 years ago | (#30088348)

...Ebay

Tag (0)

Anonymous Coward | more than 4 years ago | (#30088542)

let the meat cake? I don't get it.

Why bid on the 2006 Veyron... (1)

Tmack (593755) | more than 4 years ago | (#30088904)

When theres a 2008 Model [billionairexchange.com] up at only $450k:
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