Is beezid a good website or a cache?

It has amazing deals but the prices are too good to be true has anyone used it? Does anyone know for sure if its a cache and a waste of time?

(Your using cache is a whole different way than it's generally defined on the internet)

beezid is another "penny auction" that i more akin to a casino than an actual auction, in the alternate reality they create there are 10 or more losers with nothing to show for their similar investment, for every one who gets a product. These sites typically ave a $50 or more sign up deposit. If you enjoy gambling and don't realistically expect to win, like the lottery it might be for you.