50 LTC Auction again with a twist

[BTCBLOGGER]

Description: I was doing solo mining on a pool and found a LTC block so, rather than going to a exchange i decided to auction the block here on bitcointalk.org with some twist in the auction.
Starting bid: 30$
Bid increment: 2$
Buy it now: Not available
End date and time: 2 hours after first Bid
Payment methods accepted: Bitcoin
Additional information:
Twist -
1. last bidder will get 50 LTC on the price of last bid but the second last parson to bid also have to pay the bid price made by him.
2. Newbie and Jr. Members are not allowed.
3. All bids will be discarded if we are getting more than 15% loss.

[1714597808]

1714597808

[1714597808]

1714597808

[1714597808]

1714597808

[BTCBLOGGER]

Description: I was doing solo mining on a pool and found a LTC block so, rather than going to a exchange i decided to auction the block here on bitcointalk.org with some twist in the auction.
Starting bid: 30$
Bid increment: 2$
Buy it now: Not available
End date and time: 2 hours after first Bid
Payment methods accepted: Bitcoin
Additional information:
Twist -
1. last bidder will get 50 LTC on the price of last bid but the second last parson to bid also have to pay the bid price made by him.
2. Newbie and Jr. Members are not allowed.
3. All bids will be discarded if we are getting more than 15% loss.

[BTCBLOGGER]

Mod please delete this thread no one is interested in it
thank you

[gampher]

A really shitty concept. Why would the second last bidder pay for something he isn't gonna get. Dumb concept truly.

[chronicsky]

Okay! let's see i bid here for 0.3 btc and you bid for 0.31 , you will get 0.61 btc
winner will get 50 LTC
Why the fuck would i ever send you 0.3 btc for ?
Your concept is really funny and crazy at the same time. If you keep bringing such concept , i fear you will need a psychiatrist for real.
Just think about it yourself