fartbags
Legendary
Offline
Activity: 1190
Merit: 1004
|
|
July 03, 2015, 06:27:57 PM |
|
can somebody explain this concept for me? Dibbits Auction Items offered by DIBBIT will allow users to call DIBS by using their tokens. All auctions will start at $1. Each bid will cost 10 tokens. When a bid is placed, item value will increase by $0.01. In addition to value increase, each bid will add 30 seconds to the auction clock. The final bid received when the clock hits 0 will award the item at final value to the winner. Users can bid when they want, as many times as they wish. if auctions start at 1 dollar does that mean you have to bid 100x10 dibbits =1000 dibbits to bid 2 dollar on an item? Does that mean that luxury items for example diamonds and gold will be sold for a few dollars in auction value but in infinitely more fiat value when viewed from the point of Dibbit exchange value? So in my example, I could be the buyer of a car for 2 dollars, yet if it costs me 1000 Dibbits and a Dibbit is a Dollar I actually paid 1000 dollars for a car that is valued at 2 dollars? Do I understand this correctly? I still find this coin scammy but IF that's true it could be something pretty interesting (and possibly do something for this coin). It was a scam though. They won't build anything.
|
|
|
|
KidKrypto
Full Member
Offline
Activity: 140
Merit: 100
★YoBit.Net★ 100+ Coins Exchange & Dice
|
|
July 04, 2015, 02:00:34 AM |
|
can somebody explain this concept for me? Dibbits Auction Items offered by DIBBIT will allow users to call DIBS by using their tokens. All auctions will start at $1. Each bid will cost 10 tokens. When a bid is placed, item value will increase by $0.01. In addition to value increase, each bid will add 30 seconds to the auction clock. The final bid received when the clock hits 0 will award the item at final value to the winner. Users can bid when they want, as many times as they wish. if auctions start at 1 dollar does that mean you have to bid 100x10 dibbits =1000 dibbits to bid 2 dollar on an item? Does that mean that luxury items for example diamonds and gold will be sold for a few dollars in auction value but in infinitely more fiat value when viewed from the point of Dibbit exchange value? So in my example, I could be the buyer of a car for 2 dollars, yet if it costs me 1000 Dibbits and a Dibbit is a Dollar I actually paid 1000 dollars for a car that is valued at 2 dollars? Do I understand this correctly? I still find this coin scammy but IF that's true it could be something pretty interesting (and possibly do something for this coin). It was a scam though. They won't build anything. How do u know so sure mister fartbags? He doesn't he is just trolling for fun.
|
|
|
|
SuperClam
|
|
July 04, 2015, 06:41:58 AM |
|
dead or not, i don't care about this DIBBITS, DIBBITS! PS. just look at the weather, it is beautiful, it makes no sense to sit in front of computer! enjoy the sun! CLAMs; because better tasting than Oysters and more devoted than Dibbits
|
|
|
|
Coingrab
Sr. Member
Offline
Activity: 308
Merit: 250
Got to get them all!
|
|
July 04, 2015, 08:38:53 PM |
|
Looks awesome, so how come these luxury items are so cheap?
It's penny auction. you have to pay a small amount to bid. All those bids fees add up to more than the item is worth so it makes profit yet someone gets an item cheap.
|
|
|
|
CryptoCannibal
Newbie
Offline
Activity: 7
Merit: 0
|
|
July 05, 2015, 01:24:17 AM |
|
Looks awesome, so how come these luxury items are so cheap?
It's penny auction. you have to pay a small amount to bid. All those bids fees add up to more than the item is worth so it makes profit yet someone gets an item cheap. But will it get built? When?
|
|
|
|
placebo
Legendary
Offline
Activity: 1120
Merit: 1000
|
|
July 05, 2015, 12:05:30 PM |
|
DIBS PURE SCAM. PLEASE SELL YOUR COINS TO ME. THANK YOU. I'll put money on it, that dev will be back in a few weeks, with a nice timer and a massive pump
|
|
|
|
|
CryptoCannibal
Newbie
Offline
Activity: 7
Merit: 0
|
|
July 05, 2015, 04:46:19 PM |
|
DIBS PURE SCAM. PLEASE SELL YOUR COINS TO ME. THANK YOU. I'll put money on it, that dev will be back in a few weeks, with a nice timer and a massive pump How are you so sure about that?
|
|
|
|
david1365
Legendary
Offline
Activity: 994
Merit: 1000
|
|
July 05, 2015, 04:55:49 PM |
|
what if you're wrong and you are able to buy 10 kg bars of gold for a hundred DIbbits? Look at the bittrex right now, GLOBE just like DIBS in the first days, also graphics are the same pattern. GLOBE is the next DIBS, you will see.
|
|
|
|
Laamadeus
|
|
July 05, 2015, 10:14:59 PM |
|
This type of business is very profitable, those sites made huge money couple years ago, maybe today also. Now there will be cent bid business with cryptos. If there is no dev anymore, there will be.
|
|
|
|
pkobse
|
|
July 06, 2015, 01:37:03 PM |
|
what if you're wrong and you are able to buy 10 kg bars of gold for a hundred DIbbits? Look at the bittrex right now, GLOBE just like DIBS in the first days, also graphics are the same pattern. GLOBE is the next DIBS, you will see.Yup, and now they have new strategy, lock the ann, so no one can be warned.
|
BTC 1C9FGy8kUTF1R21bhLyzXQHDjm87xoRenn, LTC LXZ7xhLYJU4K8zdtdYc89o81NgwXbSwEbC or DOGE DKJDnR8deKGRRbFWCnsSDz15ha5t43B75B. :-)
|
|
|
charlieSeen
|
|
July 06, 2015, 02:04:12 PM |
|
Haha, what a mess we have here.
|
|
|
|
david1365
Legendary
Offline
Activity: 994
Merit: 1000
|
|
July 06, 2015, 05:59:21 PM |
|
That fuckin retard who told me: "i'm glad dumped GLOBE to 149k", fuck you, hahaha... you are retard.
|
|
|
|
faktomix
Newbie
Offline
Activity: 38
Merit: 0
|
|
July 07, 2015, 08:40:27 AM |
|
|
|
|
|
placebo
Legendary
Offline
Activity: 1120
Merit: 1000
|
|
July 07, 2015, 10:23:39 AM |
|
DIBS MOONING!!!
|
|
|
|
wildduck
Legendary
Offline
Activity: 966
Merit: 1001
|
|
July 07, 2015, 10:56:27 AM |
|
for you placebo grid and dibbs mooning!!!
|
|
|
|
placebo
Legendary
Offline
Activity: 1120
Merit: 1000
|
|
July 07, 2015, 10:57:39 AM |
|
for you placebo grid and dibbs mooning!!!
Yeap. Mooning!!! The problem is that nobody needs coins on the moon, so i don't know how much it will be worth.
|
|
|
|
qwep
Legendary
Offline
Activity: 1008
Merit: 1000
|
|
July 07, 2015, 04:09:41 PM |
|
whats the current market cap here ?
|
|
|
|
Nxtblg
Legendary
Offline
Activity: 924
Merit: 1000
|
|
July 07, 2015, 06:51:17 PM |
|
whats the current market cap here ?
According to Coinmarketcap, $5,489. It's #313. Right between Quicksilver and CopperLark.
|
|
|
|
Anonyme
|
|
July 07, 2015, 07:06:18 PM |
|
this coin similar with globe,, look at bittrex
|
|
|
|
|