QuiBids is a total scam. The site rakes in $$ millions and misleads the public that they actually have a chance to win auctions. If you've bought enough bids (an auction site with a 'buy-in requirement'?, sounds like gambling to me), you can enable their bots to bid for you or you can choose to sit glued to your computer with Bid Now button presses every 10 secs for the next 24hrs. This is an illegal online gambling site where a buy-in is required and then used as bets against others. The more bets (bought bids) you have the better chance you have of winning, however your timezone also factors in and the West coast has the best possibility of winning (since higher desireable items are seldom posted after midnight pacific time) plus the automated 'bots' the QuiBids has running to simulate real users will interfere with a real bidders ability to get an item without paying a 'minimum' (which they say they don't require... but the bots will make sure it's met).
Don't fall for it like I did. $60 down the drain, with nothing to show for it. Show me a true auction site that $60 in lost bids would amount to losing $60. They don't exist.