Bitcoin Forum

Economy => Auctions => Topic started by: mokimarket on January 05, 2012, 03:20:20 AM



Title: Progressive Auction: .5 + .01*(# of bids) Bitcoins on MokiMarket!
Post by: mokimarket on January 05, 2012, 03:20:20 AM
Each Bid increases Bitcoin Payout by .01

So if final auction prices is $1.00. Bitcoin payout will be: .5+100*.01=1.5 Bitcoins

http://www.mokimarket.com/auction_details/623
http://www.mokimarket.com/auction_details/624



Title: Re: Progressive Auction: .5 + .01*(# of bids) Bitcoins on MokiMarket!
Post by: mokimarket on January 07, 2012, 09:37:56 PM
Auction: http://www.mokimarket.com/auction_details/623

**Winner**: Bwagner
Final Auction Price: $1.53

Bitcoin Payout: 2.03...congrats