There isn't another auction site that is the "standard". Should a site come online with a big ad budget and more anti-fraud measures, sellers and buyers would move there in droves.
Here is what I would like to see in an auction site:
The auction site, instead of being passive, takes an active role. Sellers send the items to the auction site and then set the price. Buyers pay the auction site. This mitigates seller fraud because the auction site will check if a laptop box actually has a working laptop in it, as opposed to a box of rocks. Buyer fraud is minimized as well. Of course, there will be a lot bigger auction fee than ebay, but at least one knows the items are there.
OK, I just thought of a possible reason why people buy $100 card for $150 when there isn't any other possiblity:
Money laundering. The only thing is that for real money laundering, $100 isn't that big an amount.
Last edited by mlts22; 01-01-09 at 11:09 PM.