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Title: 0.1 BTC up for Auction! Bidding starts at 0.01 BTC! Post by: gavgav on February 12, 2014, 05:16:31 PM Rules: http://en.wikipedia.org/wiki/Dollar_auction (http://en.wikipedia.org/wiki/Dollar_auction)
Increments: 0.01 Stick to the rules, or don't bid! ;D Title: Re: 0.1 BTC up for Auction! Bidding starts at 0.01 BTC! Post by: otrkid70 on February 12, 2014, 05:28:53 PM Now if i bid the 0.01 Opening bid and won would that mean you have to send me 0.09?
Title: Re: 0.1 BTC up for Auction! Bidding starts at 0.01 BTC! Post by: AT101ET on February 12, 2014, 05:43:20 PM Yes it does, however if someone else bids for it which is higher than you and he wins, you'd need to pay your bid to the seller if you were the second highest bidder. :)
Title: Re: 0.1 BTC up for Auction! Bidding starts at 0.01 BTC! Post by: rohnearner on February 12, 2014, 08:47:00 PM When the auction will END..? I bid: 0.01 if no one else did :)
Title: Re: 0.1 BTC up for Auction! Bidding starts at 0.01 BTC! Post by: djjacket on February 12, 2014, 08:55:05 PM I imagine the auction will end when he has multiple bidders and a total bid sum greater that .1 BTC :o
Title: Re: 0.1 BTC up for Auction! Bidding starts at 0.01 BTC! Post by: gavgav on February 12, 2014, 09:48:39 PM Sorry forgot to explain :-[
The auction will end 24 hours (determined by time stamp on forum post) after the sum of the 2 highest bidders is >0.1BTC. This still leaves the ability for someone to make a nice, healthy profit Happy bidding Title: Re: 0.1 BTC up for Auction! Bidding starts at 0.01 BTC! Post by: djjacket on February 12, 2014, 10:03:18 PM Sorry forgot to explain :-[ The auction will end 24 hours (determined by time stamp on forum post) after the sum of the 2 highest bidders is >0.1BTC. This still leaves the ability for someone to make a nice, healthy profit Happy bidding Only one making a "nice, healthy profit" with those rules is you... You take no risk and are guaranteed a profit... No Thanks. Title: Re: 0.1 BTC up for Auction! Bidding starts at 0.01 BTC! Post by: cooldgamer on February 12, 2014, 10:14:25 PM The only way to win this game is to not play, you'll either end up paying way over .1 so you don't end up second, or paying and not getting shit :-\
Title: Re: 0.1 BTC up for Auction! Bidding starts at 0.01 BTC! Post by: gavgav on February 12, 2014, 10:16:27 PM The only way to win this game is to not play, you'll either end up paying way over .1 so you don't end up second, or paying and not getting shit :-\ The payment address can be escrowed... If you want to go over .1, then that will be your decision. Title: Re: 0.1 BTC up for Auction! Bidding starts at 0.01 BTC! Post by: Peter Lambert on February 12, 2014, 10:27:32 PM Why link to the wikipedia article instead of just posting the rules?
Quote Only the auctioneer gets to profit in the end. This game can be beaten only if the game players are irrational. If the auctioneer is dishonest, he could use an alternate account to push up the bidding (this could be done in any of the auctions on this forum, how do you know if it happens or not?) Two players could conspire together (or just one player using two accounts), other players might bid a few times, but then player A puts in a bid quickly followed by player B. If bid(A) + bid(B) < .1, they will profit, and if they choose bids high enough then the other players will stop bidding, since the other players now have nothing risked they will not try to outbid the highest score to undo their loss. Title: Re: 0.1 BTC up for Auction! Bidding starts at 0.01 BTC! Post by: techgeek on February 12, 2014, 11:16:16 PM Why link to the wikipedia article instead of just posting the rules? Quote Only the auctioneer gets to profit in the end. This game can be beaten only if the game players are irrational. If the auctioneer is dishonest, he could use an alternate account to push up the bidding (this could be done in any of the auctions on this forum, how do you know if it happens or not?) Two players could conspire together (or just one player using two accounts), other players might bid a few times, but then player A puts in a bid quickly followed by player B. If bid(A) + bid(B) < .1, they will profit, and if they choose bids high enough then the other players will stop bidding, since the other players now have nothing risked they will not try to outbid the highest score to undo their loss. Simple terms: Shell bidding, its been going since forever lol. Title: Re: 0.1 BTC up for Auction! Bidding starts at 0.01 BTC! Post by: gavgav on February 13, 2014, 12:26:24 AM Why link to the wikipedia article instead of just posting the rules? Quote Only the auctioneer gets to profit in the end. This game can be beaten only if the game players are irrational. If the auctioneer is dishonest, he could use an alternate account to push up the bidding (this could be done in any of the auctions on this forum, how do you know if it happens or not?) Two players could conspire together (or just one player using two accounts), other players might bid a few times, but then player A puts in a bid quickly followed by player B. If bid(A) + bid(B) < .1, they will profit, and if they choose bids high enough then the other players will stop bidding, since the other players now have nothing risked they will not try to outbid the highest score to undo their loss. Simple terms: Shell bidding, its been going since forever lol. Admins can see my IP. Granted, I *could* use a VPN and could bid it up, but that's a whole lot of work for what is really just good fun. Title: Re: 0.1 BTC up for Auction! Bidding starts at 0.01 BTC! Post by: Arcas on February 13, 2014, 12:34:58 AM I don't see how it would be possible to collect from the loser without them paying in advance.
Title: Re: 0.1 BTC up for Auction! Bidding starts at 0.01 BTC! Post by: James222 on February 13, 2014, 12:40:43 AM Just a little tip here. You should make the auction in$. Why would you want to sell 0.1 bitcoin for 0.05 in example. Makes no sense to me.
Title: Re: 0.1 BTC up for Auction! Bidding starts at 0.01 BTC! Post by: cooldgamer on February 13, 2014, 12:44:12 AM The only way to win this game is to not play, you'll either end up paying way over .1 so you don't end up second, or paying and not getting shit :-\ The payment address can be escrowed... If you want to go over .1, then that will be your decision. Title: Re: 0.1 BTC up for Auction! Bidding starts at 0.01 BTC! Post by: sobe-it on February 13, 2014, 02:18:37 AM this guy is just trying to make out.... no one else bid so he loses, or admins just lock this thread. its shady stuff for sure, might as well be a scammer.
Title: Re: 0.1 BTC up for Auction! Bidding starts at 0.01 BTC! Post by: gavgav on February 13, 2014, 07:51:16 AM this guy is just trying to make out.... no one else bid so he loses, or admins just lock this thread. its shady stuff for sure, might as well be a scammer. 1. If no one else bids, how am I going to lose exactly? 2. Why am I a scammer exactly/conducting shady stuff? I've even said I'll have the payment address escrowed. Nothing in this thread (or any other of mine) has made you think that! Its just a game and a bit of harmless fun. It gives someone a chance to make some money. Title: Re: 0.1 BTC up for Auction! Bidding starts at 0.01 BTC! Post by: rohnearner on February 13, 2014, 08:28:35 AM this guy is just trying to make out.... no one else bid so he loses, or admins just lock this thread. its shady stuff for sure, might as well be a scammer. 1. If no one else bids, how am I going to lose exactly? 2. Why am I a scammer exactly/conducting shady stuff? I've even said I'll have the payment address escrowed. Nothing in this thread (or any other of mine) has made you think that! Its just a game and a bit of harmless fun. It gives someone a chance to make some money. thanks :P my BTC : 13AxqUHW2AD6G33Szm5Vsvmfn5CpiED7ip Title: Re: 0.1 BTC up for Auction! Bidding starts at 0.01 BTC! Post by: gavgav on February 13, 2014, 08:31:45 AM this guy is just trying to make out.... no one else bid so he loses, or admins just lock this thread. its shady stuff for sure, might as well be a scammer. 1. If no one else bids, how am I going to lose exactly? 2. Why am I a scammer exactly/conducting shady stuff? I've even said I'll have the payment address escrowed. Nothing in this thread (or any other of mine) has made you think that! Its just a game and a bit of harmless fun. It gives someone a chance to make some money. thanks :P my BTC : 13AxqUHW2AD6G33Szm5Vsvmfn5CpiED7ip Read post #10. The top 2 bids have to be >0.1 Title: Re: 0.1 BTC up for Auction! Bidding starts at 0.01 BTC! Post by: ahmedjadoon on February 13, 2014, 09:18:39 AM o.o4BTC Only if you go first or escrow
Title: Re: 0.1 BTC up for Auction! Bidding starts at 0.01 BTC! Post by: rohnearner on February 13, 2014, 11:16:20 AM o.o4BTC Only if you go first or escrow good luck with that.. ahmedjadoon :) as the op said i'm not eligible. ???Title: Re: 0.1 BTC up for Auction! Bidding starts at 0.01 BTC! Post by: ahmedjadoon on February 13, 2014, 11:30:19 AM I just read the rules.Not interested any more.Can I take back my bid OP?
Title: Re: 0.1 BTC up for Auction! Bidding starts at 0.01 BTC! Post by: gavgav on February 13, 2014, 11:45:53 AM o.o4BTC Only if you go first or escrow good luck with that.. ahmedjadoon :) as the op said i'm not eligible. ???When did I say that? Title: Re: 0.1 BTC up for Auction! Bidding starts at 0.01 BTC! Post by: gavgav on February 13, 2014, 11:47:16 AM I just read the rules.Not interested any more.Can I take back my bid OP? If you wish. Although it is unlikely you will have to pay, as there will probably be another several bids Title: Re: 0.1 BTC up for Auction! Bidding starts at 0.01 BTC! Post by: gavgav on February 13, 2014, 11:51:52 AM I just read the rules.Not interested any more.Can I take back my bid OP? If you wish. Although it is unlikely you will have to pay, as there will probably be another several bids I also believe it wise that you read the rules before bidding in other auctions Title: Re: 0.1 BTC up for Auction! Bidding starts at 0.01 BTC! Post by: rohnearner on February 13, 2014, 06:07:34 PM o.o4BTC Only if you go first or escrow good luck with that.. ahmedjadoon :) as the op said i'm not eligible. ???When did I say that? Title: Re: 0.1 BTC up for Auction! Bidding starts at 0.01 BTC! Post by: gavgav on February 13, 2014, 06:09:30 PM o.o4BTC Only if you go first or escrow good luck with that.. ahmedjadoon :) as the op said i'm not eligible. ???When did I say that? 0.04 is the top bid at the moment. Title: Re: 0.1 BTC up for Auction! Bidding starts at 0.01 BTC! Post by: rohnearner on February 13, 2014, 08:16:44 PM o.o4BTC Only if you go first or escrow good luck with that.. ahmedjadoon :) as the op said i'm not eligible. ???When did I say that? 0.04 is the top bid at the moment. Quote I just read the rules.Not interested any more.Can I take back my bid OP? if i'm not mistaken..! Title: Re: 0.1 BTC up for Auction! Bidding starts at 0.01 BTC! Post by: gavgav on February 13, 2014, 08:36:03 PM o.o4BTC Only if you go first or escrow good luck with that.. ahmedjadoon :) as the op said i'm not eligible. ???When did I say that? 0.04 is the top bid at the moment. Quote I just read the rules.Not interested any more.Can I take back my bid OP? if i'm not mistaken..! You are correct. Sorry. You are now the highest bidder at 0.03 Title: Re: 0.1 BTC up for Auction! Bidding starts at 0.01 BTC! Post by: rohnearner on February 13, 2014, 08:50:12 PM o.o4BTC Only if you go first or escrow good luck with that.. ahmedjadoon :) as the op said i'm not eligible. ???When did I say that? 0.04 is the top bid at the moment. Quote I just read the rules.Not interested any more.Can I take back my bid OP? if i'm not mistaken..! You are correct. Sorry. You are now the highest bidder at 0.03 Title: Re: 0.1 BTC up for Auction! Bidding starts at 0.01 BTC! Post by: ahmedjadoon on February 14, 2014, 05:28:44 AM I just read the rules.Not interested any more.Can I take back my bid OP? If you wish. Although it is unlikely you will have to pay, as there will probably be another several bids I also believe it wise that you read the rules before bidding in other auctions Title: Re: 0.1 BTC up for Auction! Bidding starts at 0.01 BTC! Post by: coinnewbit on February 16, 2014, 10:02:08 AM 0.04
bidding here still available? Title: Re: 0.1 BTC up for Auction! Bidding starts at 0.01 BTC! Post by: gavgav on February 16, 2014, 10:03:40 AM 0.04 bidding here still available? Indeed! You are now the high bid Title: Re: 0.1 BTC up for Auction! Bidding starts at 0.01 BTC! Post by: serje on February 16, 2014, 10:09:54 AM 0.04 bidding here still available? Indeed! You are now the high bid so If I bid 0.07 I'm the winner? and will get 0.03? if my logic is correct then I bid! Title: Re: 0.1 BTC up for Auction! Bidding starts at 0.01 BTC! Post by: serje on February 16, 2014, 10:12:01 AM 0.04 bidding here still available? Indeed! You are now the high bid so If I bid 0.07 I'm the winner? and will get 0.03? if my logic is correct then I bid! If I won send me a PM to give you an address! Or just send it to my signature BTC address Title: Re: 0.1 BTC up for Auction! Bidding starts at 0.01 BTC! Post by: gavgav on February 16, 2014, 10:42:39 AM 0.04 bidding here still available? Indeed! You are now the high bid so If I bid 0.07 I'm the winner? and will get 0.03? if my logic is correct then I bid! If I won send me a PM to give you an address! Or just send it to my signature BTC address You are indeed the top bid. However if anyone else outbids you within the next 24 hours...you will still have to pay as per the rules. Title: Re: 0.1 BTC up for Auction! Bidding starts at 0.01 BTC! Post by: coinnewbit on February 16, 2014, 10:46:37 AM Heyhey swiper no swiping 0.08
Title: Re: 0.1 BTC up for Auction! Bidding starts at 0.01 BTC! Post by: souspeed on February 16, 2014, 10:48:34 AM 0.04 bidding here still available? Indeed! You are now the high bid so If I bid 0.07 I'm the winner? and will get 0.03? if my logic is correct then I bid! If I won send me a PM to give you an address! Or just send it to my signature BTC address he actually has to, see how it works! ;) In the end you will both even have to bid higher than the actual payout, just to minimize your losses. The forum even allows suck puppets to bid as well!!!! It's basically a scam! You think you can win, but the two highest bidders (if there is no suck puppet) will always loose! @ the mods: I know the forum is liberal enough to have people being scammed, however this is a good example that even the most obvious scam does attracted victims!!! And there will be more easy victims on this forum as bitcoin becomes more mainstream. I know it is difficult to come up with proper solution, however maybe there should be a 'possible scam' section? Title: Re: 0.1 BTC up for Auction! Bidding starts at 0.01 BTC! Post by: serje on February 16, 2014, 10:53:38 AM If you check the time stamp of the first post you will see that 24 hours passed and only the second condition has to be completetd!
You never stated that the bidding time goes up with 24 hours after each bid! So the winner should be me! Title: Re: 0.1 BTC up for Auction! Bidding starts at 0.01 BTC! Post by: souspeed on February 16, 2014, 10:59:13 AM If you check the time stamp of the first post you will see that 24 hours passed and only the second condition has to be completetd! You never stated that the bidding time goes up with 24 hours after each bid! So the winner should be me! Sorry serje. See below. Your bid makes it 0.1 which is not > 0.1. Furthermore; it says after the sum is > 0.1 there will be 24 hours timer. OP will never loose, it's a scam! He can even outbid you with his own sock puppet! Sorry forgot to explain :-[ The auction will end 24 hours (determined by time stamp on forum post) after the sum of the 2 highest bidders is >0.1BTC. This still leaves the ability for someone to make a nice, healthy profit Happy bidding Title: Re: 0.1 BTC up for Auction! Bidding starts at 0.01 BTC! Post by: coinnewbit on February 16, 2014, 11:02:55 AM hey i am not a sock puppet i am a MAN now
Title: Re: 0.1 BTC up for Auction! Bidding starts at 0.01 BTC! Post by: souspeed on February 16, 2014, 11:06:00 AM hey i am not a sock puppet i am a MAN now Actually I don't care who is the sock puppet or who is the victim. So enjoy you scam / being scammed! 8) Title: Re: 0.1 BTC up for Auction! Bidding starts at 0.01 BTC! Post by: coinnewbit on February 16, 2014, 11:24:35 AM lol btw is there a formula for counting waiting times between each post?
Title: Re: 0.1 BTC up for Auction! Bidding starts at 0.01 BTC! Post by: serje on February 16, 2014, 11:57:08 AM Heyhey swiper no swiping 0.08 Ok to end this I have to bit 0.1BTC if he continues bidding then he is a scam! so I don't win shit and the owner get's 0.02 from coinnewbit! Good luck! Title: Re: 0.1 BTC up for Auction! Bidding starts at 0.01 BTC! Post by: coinnewbit on February 16, 2014, 12:18:49 PM the fk i have to pay too? cancel bid
Title: Re: 0.1 BTC up for Auction! Bidding starts at 0.01 BTC! Post by: serje on February 16, 2014, 12:21:21 PM the fk i have to pay too? cancel bid you never saw this comming mate? you can still bid 0.11 and the you have to send him 0.01 and i will have to send 0.01 to him :) that's the best deal for us or we can just delete out posts and go on with our lives :) Title: Re: 0.1 BTC up for Auction! Bidding starts at 0.01 BTC! Post by: souspeed on February 16, 2014, 12:27:10 PM the fk i have to pay too? cancel bid you never saw this comming mate? you can still bid 0.11 and the you have to send him 0.01 and i will have to send 0.01 to him :) that's the best deal for us or we can just delete out posts and go on with our lives :) You should really try to understand the rules before you make a bid! The two highest bidders will both will have to pay the amount that they bid. Title: Re: 0.1 BTC up for Auction! Bidding starts at 0.01 BTC! Post by: erre on February 16, 2014, 12:27:22 PM From your wiki link:
Quote The setup involves an auctioneer who volunteers to auction-off a dollar bill with the following rule: the bill goes to the winner; however, the two highest bidders must pay the highest amount they bid. The winner can get a dollar for mere five cents, but only if no one else enters into the bidding war. The second-highest bidder is the biggest loser by paying the top amount he/she bid without getting anything back. The game begins with one of the players bidding 5 cents (the minimum), hoping to make a 95 cent profit. He can be outbid by another player bidding 10 cents, as a 90 cent profit is still desirable. Similarly, another bidder may bid 15 cents, making an 85 cent profit. Meanwhile, the second bidder may attempt to convert his loss of 10 cents into a gain of 80 cents by bidding 20 cents, and so on. Every player has a choice of either paying for nothing or bidding five cents more on the dollar. Any bid beyond the value of a dollar, is a loss for all bidders alike. Only the auctioneer gets to profit in the end.[1] This game can be beaten only if the game players are irrational. with your added rule, NOBODY, rational or irrational, can beat it. Without the added rule it could had been interesting, like this u're just asking for money Title: Re: 0.1 BTC up for Auction! Bidding starts at 0.01 BTC! Post by: erre on February 16, 2014, 12:28:06 PM From your wiki link: Quote The setup involves an auctioneer who volunteers to auction-off a dollar bill with the following rule: the bill goes to the winner; however, the two highest bidders must pay the highest amount they bid. The winner can get a dollar for mere five cents, but only if no one else enters into the bidding war. The second-highest bidder is the biggest loser by paying the top amount he/she bid without getting anything back. The game begins with one of the players bidding 5 cents (the minimum), hoping to make a 95 cent profit. He can be outbid by another player bidding 10 cents, as a 90 cent profit is still desirable. Similarly, another bidder may bid 15 cents, making an 85 cent profit. Meanwhile, the second bidder may attempt to convert his loss of 10 cents into a gain of 80 cents by bidding 20 cents, and so on. Every player has a choice of either paying for nothing or bidding five cents more on the dollar. Any bid beyond the value of a dollar, is a loss for all bidders alike. Only the auctioneer gets to profit in the end.[1] This game can be beaten only if the game players are irrational. with your added rule (the 2 highest biid >0.1), NOBODY, rational or irrational, can beat it. Without the added rule it could had been interesting, like this u're just asking for money Title: Re: 0.1 BTC up for Auction! Bidding starts at 0.01 BTC! Post by: serje on February 16, 2014, 12:31:16 PM the fk i have to pay too? cancel bid you never saw this comming mate? you can still bid 0.11 and the you have to send him 0.01 and i will have to send 0.01 to him :) that's the best deal for us or we can just delete out posts and go on with our lives :) You should really try to understand the rules before you make a bid! The two highest bidders will both will have to pay the amount that they bid. At the moment of speaking I don't have to pay anything because I won 0.1 witch is exactly what I bided The only one who has to pay is the guy after my bid! Title: Re: 0.1 BTC up for Auction! Bidding starts at 0.01 BTC! Post by: souspeed on February 16, 2014, 12:31:35 PM From your wiki link: Quote The setup involves an auctioneer who volunteers to auction-off a dollar bill with the following rule: the bill goes to the winner; however, the two highest bidders must pay the highest amount they bid. The winner can get a dollar for mere five cents, but only if no one else enters into the bidding war. The second-highest bidder is the biggest loser by paying the top amount he/she bid without getting anything back. The game begins with one of the players bidding 5 cents (the minimum), hoping to make a 95 cent profit. He can be outbid by another player bidding 10 cents, as a 90 cent profit is still desirable. Similarly, another bidder may bid 15 cents, making an 85 cent profit. Meanwhile, the second bidder may attempt to convert his loss of 10 cents into a gain of 80 cents by bidding 20 cents, and so on. Every player has a choice of either paying for nothing or bidding five cents more on the dollar. Any bid beyond the value of a dollar, is a loss for all bidders alike. Only the auctioneer gets to profit in the end.[1] This game can be beaten only if the game players are irrational. with your added rule (the 2 highest biid >0.1), NOBODY, rational or irrational, can beat it. Without the added rule it could had been interesting, like this u're just asking for money Yep, it's a scam! Title: Re: 0.1 BTC up for Auction! Bidding starts at 0.01 BTC! Post by: souspeed on February 16, 2014, 12:33:44 PM the fk i have to pay too? cancel bid you never saw this comming mate? you can still bid 0.11 and the you have to send him 0.01 and i will have to send 0.01 to him :) that's the best deal for us or we can just delete out posts and go on with our lives :) You should really try to understand the rules before you make a bid! The two highest bidders will both will have to pay the amount that they bid. At the moment of speaking I don't have to pay anything because I won 0.1 witch is exactly what I bided The only one who has to pay is the guy after my bid! You will have to pay 0.1! Afterwards you will receive the price money, but only if you remain the highest bidder! Title: Re: 0.1 BTC up for Auction! Bidding starts at 0.01 BTC! Post by: serje on February 16, 2014, 12:35:54 PM the fk i have to pay too? cancel bid you never saw this comming mate? you can still bid 0.11 and the you have to send him 0.01 and i will have to send 0.01 to him :) that's the best deal for us or we can just delete out posts and go on with our lives :) You should really try to understand the rules before you make a bid! The two highest bidders will both will have to pay the amount that they bid. At the moment of speaking I don't have to pay anything because I won 0.1 witch is exactly what I bided The only one who has to pay is the guy after my bid! You will have to pay 0.1! Afterwards you will receive the price money, but only if you remain the highest bidder! why would I pay 0.1 to receive 0.1? This will only be doable with escrow! Otherwise it's a scam! and i doubt anyone else will bid 0.11 to receive 0.1! Title: Re: 0.1 BTC up for Auction! Bidding starts at 0.01 BTC! Post by: souspeed on February 16, 2014, 12:41:13 PM The other bidder will currently loose 0.02.
If he bids 0.11, he will possibly only loose 0.11 -0.1 = 0.01. You still give him an incentive to bid! Furthermore; this forum allows sock puppets, meaning the OP can bid with a second account! So now we wait for the sock puppet! Title: Re: 0.1 BTC up for Auction! Bidding starts at 0.01 BTC! Post by: serje on February 16, 2014, 12:43:56 PM The other bidder will currently loose 0.02. If he bids 0.11, he will possibly only loose 0.11 -0.1 = 0.01. You still give him an incentive to bid! Furthermore; this forum allows sock puppets, meaning the OP can bid with a second account! So now we wait for the sock puppet! well I didn't want to lose anything :) But this can go on longer than the OP can live! :) so he might just get nothing! :) Title: Re: 0.1 BTC up for Auction! Bidding starts at 0.01 BTC! Post by: souspeed on February 16, 2014, 12:48:17 PM The other bidder will currently loose 0.02. If he bids 0.11, he will possibly only loose 0.11 -0.1 = 0.01. You still give him an incentive to bid! Furthermore; this forum allows sock puppets, meaning the OP can bid with a second account! So now we wait for the sock puppet! well I didn't want to lose anything :) But this can go on longer than the OP can live! :) so he might just get nothing! :) There is a 24 hour timer, which has started counting down! Title: Re: 0.1 BTC up for Auction! Bidding starts at 0.01 BTC! Post by: souspeed on February 16, 2014, 12:50:12 PM The other bidder will currently loose 0.02. If he bids 0.11, he will possibly only loose 0.11 -0.1 = 0.01. You still give him an incentive to bid! Furthermore; this forum allows sock puppets, meaning the OP can bid with a second account! So now we wait for the sock puppet! well I didn't want to lose anything :) But this can go on longer than the OP can live! :) so he might just get nothing! :) There is a 24 hour timer, which has started counting down! Tick tock tick tock tick........ Title: Re: 0.1 BTC up for Auction! Bidding starts at 0.01 BTC! Post by: serje on February 16, 2014, 12:53:14 PM The other bidder will currently loose 0.02. If he bids 0.11, he will possibly only loose 0.11 -0.1 = 0.01. You still give him an incentive to bid! Furthermore; this forum allows sock puppets, meaning the OP can bid with a second account! So now we wait for the sock puppet! well I didn't want to lose anything :) But this can go on longer than the OP can live! :) so he might just get nothing! :) There is a 24 hour timer, which has started counting down! Tick tock tick tock tick........ Title: Re: 0.1 BTC up for Auction! Bidding starts at 0.01 BTC! Post by: souspeed on February 16, 2014, 12:55:36 PM The other bidder will currently loose 0.02. If he bids 0.11, he will possibly only loose 0.11 -0.1 = 0.01. You still give him an incentive to bid! Furthermore; this forum allows sock puppets, meaning the OP can bid with a second account! So now we wait for the sock puppet! well I didn't want to lose anything :) But this can go on longer than the OP can live! :) so he might just get nothing! :) There is a 24 hour timer, which has started counting down! Tick tock tick tock tick........ Aha, finally something interesting! ;D Title: Re: 0.1 BTC up for Auction! Bidding starts at 0.01 BTC! Post by: serje on February 16, 2014, 12:59:46 PM The other bidder will currently loose 0.02. If he bids 0.11, he will possibly only loose 0.11 -0.1 = 0.01. You still give him an incentive to bid! Furthermore; this forum allows sock puppets, meaning the OP can bid with a second account! So now we wait for the sock puppet! well I didn't want to lose anything :) But this can go on longer than the OP can live! :) so he might just get nothing! :) There is a 24 hour timer, which has started counting down! Tick tock tick tock tick........ Aha, finally something interesting! ;D And to make it more interesting I currently own over 1200 IP's so one bid from every IP will make this bid last 27600 hours witch means 1150 days witch is a little over 3 years! Title: Re: 0.1 BTC up for Auction! Bidding starts at 0.01 BTC! Post by: sockpuppets672 on February 16, 2014, 01:20:40 PM I bid 5 btc
Title: Re: 0.1 BTC up for Auction! Bidding starts at 0.01 BTC! Post by: serje on February 16, 2014, 01:21:15 PM Title: Re: 0.1 BTC up for Auction! Bidding starts at 0.01 BTC! Post by: sockpuppets672 on February 16, 2014, 01:28:08 PM I am real and not using a vpn and I am not a sock puppet
Title: Re: 0.1 BTC up for Auction! Bidding starts at 0.01 BTC! Post by: serje on February 16, 2014, 01:28:56 PM I am real and not using a vpn and I am not a sock puppet no one accused you of such horrible thing sockpuppets672 :)Title: Re: 0.1 BTC up for Auction! Bidding starts at 0.01 BTC! Post by: ahmedjadoon on February 16, 2014, 01:41:01 PM I am real and not using a vpn and I am not a sock puppet You look like one with this post!Title: Re: 0.1 BTC up for Auction! Bidding starts at 0.01 BTC! Post by: souspeed on February 16, 2014, 01:51:42 PM You are still down 0.01 BTC. Remember both top bidders need to pay. ;) Title: Re: 0.1 BTC up for Auction! Bidding starts at 0.01 BTC! Post by: souspeed on February 16, 2014, 01:52:14 PM You are still down 0.01 BTC. Remember both top bidders need to pay. ;) 0.1 I mean. Title: Re: 0.1 BTC up for Auction! Bidding starts at 0.01 BTC! Post by: serje on February 16, 2014, 01:55:54 PM You are still down 0.01 BTC. Remember both top bidders need to pay. ;) 0.1 I mean. Well I'm sure someone will come here and bid more than 5BTC! It's an offer you can't refuse ... getting 0.1BTC for the price of 5BTC or more :) Title: Re: 0.1 BTC up for Auction! Bidding starts at 0.01 BTC! Post by: yntro on February 16, 2014, 03:57:16 PM Rules: http://en.wikipedia.org/wiki/Dollar_auction (http://en.wikipedia.org/wiki/Dollar_auction) Increments: 0.01 Stick to the rules, or don't bid! ;D Trolls everywhere :D nice try guy... did you sold it :D ? Title: Re: 0.1 BTC up for Auction! Bidding starts at 0.01 BTC! Post by: gavgav on February 16, 2014, 05:39:02 PM So far sockpuppets672 and serje are the highest bidders!
The auction will end 11:57:08 AM February 17, 2014. As per the rules that is 24 hours after serje's bid of greater than 0.1. Title: Re: 0.1 BTC up for Auction! Bidding starts at 0.01 BTC! Post by: braindamage on February 16, 2014, 06:00:44 PM So far sockpuppets672 and serje are the highest bidders! The auction will end 11:57:08 AM February 17, 2014. As per the rules that is 24 hours after serje's bid of greater than 0.1. Take my bid! 6.66 BTC Title: Re: 0.1 BTC up for Auction! Bidding starts at 0.01 BTC! Post by: serje on February 16, 2014, 06:02:48 PM So far sockpuppets672 and serje are the highest bidders! How the fuck you decided that you want to finish this after 24 hours?The auction will end 11:57:08 AM February 17, 2014. As per the rules that is 24 hours after serje's bid of greater than 0.1. Title: Re: 0.1 BTC up for Auction! Bidding starts at 0.01 BTC! Post by: gavgav on February 16, 2014, 08:02:20 PM So far sockpuppets672 and serje are the highest bidders! How the fuck you decided that you want to finish this after 24 hours?The auction will end 11:57:08 AM February 17, 2014. As per the rules that is 24 hours after serje's bid of greater than 0.1. You people really have a problem listening to rules.... The other bidder will currently loose 0.02. If he bids 0.11, he will possibly only loose 0.11 -0.1 = 0.01. You still give him an incentive to bid! Furthermore; this forum allows sock puppets, meaning the OP can bid with a second account! So now we wait for the sock puppet! well I didn't want to lose anything :) But this can go on longer than the OP can live! :) so he might just get nothing! :) There is a 24 hour timer, which has started counting down! And.. Here is the rule that was posted. Sorry forgot to explain :-[ The auction will end 24 hours (determined by time stamp on forum post) after the sum of the 2 highest bidders is >0.1BTC. This still leaves the ability for someone to make a nice, healthy profit Happy bidding This means that the 24hr clock starts ticking as soon as the 2 highest bids are >0.1. And the auction will END when the 24 hours are up! Title: Re: 0.1 BTC up for Auction! Bidding starts at 0.01 BTC! Post by: danieldaniel on February 16, 2014, 08:07:11 PM I am real and not using a vpn and I am not a sock puppet You look like one with this post!Title: Re: 0.1 BTC up for Auction! Bidding starts at 0.01 BTC! Post by: gavgav on February 16, 2014, 08:08:17 PM I am real and not using a vpn and I am not a sock puppet You look like one with this post!>:( he does indeed Title: Re: 0.1 BTC up for Auction! Bidding starts at 0.01 BTC! Post by: gavgav on February 17, 2014, 09:06:26 AM Just under 3 hours left…
Title: Re: 0.1 BTC up for Auction! Bidding starts at 0.01 BTC! Post by: rohnearner on February 17, 2014, 09:33:30 AM I bid 5 btc you bid 5btc...? for what ..? as the title suggest the bid is going on for 0.1BTC and why someone will pay 5BTC for that, is there something i'm missing..?Title: Re: 0.1 BTC up for Auction! Bidding starts at 0.01 BTC! Post by: braindamage on February 17, 2014, 11:09:38 AM So far sockpuppets672 and serje are the highest bidders! The auction will end 11:57:08 AM February 17, 2014. As per the rules that is 24 hours after serje's bid of greater than 0.1. Take my bid! 6.66 BTC have you considered my bid? if not here it is againa! 6.66BTC Title: Re: 0.1 BTC up for Auction! Bidding starts at 0.01 BTC! Post by: gavgav on February 17, 2014, 11:18:26 AM Yes you are the top bid. Only about 50 mins remaining!
Title: Re: 0.1 BTC up for Auction! Bidding starts at 0.01 BTC! Post by: braindamage on February 17, 2014, 12:33:17 PM Yes you are the top bid. Only about 50 mins remaining! I hope I win this auction! I really need this money! Title: Re: 0.1 BTC up for Auction! Bidding starts at 0.01 BTC! Post by: gavgav on February 17, 2014, 04:01:04 PM Yes you are the top bid. Only about 50 mins remaining! I hope I win this auction! I really need this money! You did indeed win this auction. braindamage Please send 6.66BTC to 19n5qajtaNkQ52XNJcMnvmEFF2CaXCcfwD And... I bid 5 btc sockpuppet672 please send 5BTC to 1P4ETmBb9ZZvuGb9ZmQR5X6QGNfjnyjS3q Title: Re: 0.1 BTC up for Auction! Bidding starts at 0.01 BTC! Post by: MisterLG on February 17, 2014, 07:02:16 PM Hhaha correct me if i am wrong but you said that the "price" is 0.1 btc.
Braindamage placed a bid of 6,66 btc and won, why do you ask him to pay 6,66???? 6,56 would be more logical isnt it? Hahahaha scammer :D Title: Re: 0.1 BTC up for Auction! Bidding starts at 0.01 BTC! Post by: gavgav on February 17, 2014, 09:13:15 PM Hhaha correct me if i am wrong but you said that the "price" is 0.1 btc. Braindamage placed a bid of 6,66 btc and won, why do you ask him to pay 6,66???? 6,56 would be more logical isnt it? Hahahaha scammer :D And why exactly would that make me a scammer? When I receive the 2 highest winning bids as the rules state...I will give the winner his winnings. Please keep your judgements to yourself. Nobody is interested in them! Title: Re: 0.1 BTC up for Auction! Bidding starts at 0.01 BTC! Post by: MisterLG on February 17, 2014, 09:30:22 PM Hahaha you and your "rules", please tell me you are a comedian for a living! :D
You are so naive to think they will pay you, because you and your rules say so, its almost cute :-* Title: Re: 0.1 BTC up for Auction! Bidding starts at 0.01 BTC! Post by: gavgav on February 17, 2014, 09:33:03 PM Hahaha you and your "rules", please tell me you are a comedian for a living! :D You are so naive to think they will pay you, because you and your rules say so, its almost cute :-* Are you really that stupid? I think someone is quite jealous! Title: Re: 0.1 BTC up for Auction! Bidding starts at 0.01 BTC! Post by: WithAZ on February 17, 2014, 09:36:07 PM is it too late to join in?
Title: Re: 0.1 BTC up for Auction! Bidding starts at 0.01 BTC! Post by: braindamage on February 17, 2014, 09:36:48 PM Hhaha correct me if i am wrong but you said that the "price" is 0.1 btc. Braindamage placed a bid of 6,66 btc and won, why do you ask him to pay 6,66???? 6,56 would be more logical isnt it? Hahahaha scammer :D And why exactly would that make me a scammer? When I receive the 2 highest winning bids as the rules state...I will give the winner his winnings. Please keep your judgements to yourself. Nobody is interested in them! Here is my BTC address 1FPcTeJQug6Vgq2fcCbNLShK3q59PN4WCN I think you should go first because I'm risking more than you! Title: Re: 0.1 BTC up for Auction! Bidding starts at 0.01 BTC! Post by: gavgav on February 17, 2014, 09:38:43 PM Hhaha correct me if i am wrong but you said that the "price" is 0.1 btc. Braindamage placed a bid of 6,66 btc and won, why do you ask him to pay 6,66???? 6,56 would be more logical isnt it? Hahahaha scammer :D And why exactly would that make me a scammer? When I receive the 2 highest winning bids as the rules state...I will give the winner his winnings. Please keep your judgements to yourself. Nobody is interested in them! Here is my BTC address 1FPcTeJQug6Vgq2fcCbNLShK3q59PN4WCN I think you should go first because I'm risking more than you! We'll both escrow as I wrote earlier! You choose escrower! Title: Re: 0.1 BTC up for Auction! Bidding starts at 0.01 BTC! Post by: braindamage on February 17, 2014, 10:54:19 PM Hhaha correct me if i am wrong but you said that the "price" is 0.1 btc. Braindamage placed a bid of 6,66 btc and won, why do you ask him to pay 6,66???? 6,56 would be more logical isnt it? Hahahaha scammer :D And why exactly would that make me a scammer? When I receive the 2 highest winning bids as the rules state...I will give the winner his winnings. Please keep your judgements to yourself. Nobody is interested in them! Here is my BTC address 1FPcTeJQug6Vgq2fcCbNLShK3q59PN4WCN I think you should go first because I'm risking more than you! We'll both escrow as I wrote earlier! You choose escrower! I choose sockpuppets672 as escrow! Title: Re: 0.1 BTC up for Auction! Bidding starts at 0.01 BTC! Post by: gavgav on February 18, 2014, 12:02:43 AM Hhaha correct me if i am wrong but you said that the "price" is 0.1 btc. Braindamage placed a bid of 6,66 btc and won, why do you ask him to pay 6,66???? 6,56 would be more logical isnt it? Hahahaha scammer :D And why exactly would that make me a scammer? When I receive the 2 highest winning bids as the rules state...I will give the winner his winnings. Please keep your judgements to yourself. Nobody is interested in them! Here is my BTC address 1FPcTeJQug6Vgq2fcCbNLShK3q59PN4WCN I think you should go first because I'm risking more than you! We'll both escrow as I wrote earlier! You choose escrower! I choose sockpuppets672 as escrow! Naturally I don't trust him. I suggest sebJu or Theymos. You choose Title: Re: 0.1 BTC up for Auction! Bidding starts at 0.01 BTC! Post by: ahmedjadoon on February 18, 2014, 10:57:39 AM He would pay BTC6 for BTC0.1 ;D
Title: Re: 0.1 BTC up for Auction! Bidding starts at 0.01 BTC! Post by: MisterLG on March 12, 2014, 12:24:49 PM Hahaha you and your "rules", please tell me you are a comedian for a living! :D You are so naive to think they will pay you, because you and your rules say so, its almost cute :-* Are you really that stupid? I think someone is quite jealous! C'mon man! You have to do something! They still havent paid you and it is now 3 weeks later!! Please tell me you have a rule for this?! Hahaha this made my day :D |