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Author Topic: BitCent - Bidding site for bitcoin - SOLD: Minecraft, 0.01 BTC  (Read 3168 times)
Kenny
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June 22, 2011, 01:33:09 PM
 #21

Why bid now when it has 9 days remaining? Most people will probably wait until it's a little closer to ending.

16qC3bz7gBQ3fbUk7JVzDDxbbzobkxBe27
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sanchaz
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June 22, 2011, 01:41:33 PM
 #22

r u still giving out free bids?

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iSellGames
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June 22, 2011, 02:33:45 PM
 #23

Timer will go to 300 seconds after few more bids.
If you would have read starting post..
EDIT: And timer starts again after every bid.
Not pretty good business to sell 15€ stuff with 15 cents. Of course it will be later ok, but not at start.

Server got blackout, everything working again.
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June 22, 2011, 02:53:03 PM
 #24

plapla
Kenny
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June 22, 2011, 03:20:45 PM
 #25

You need to leave it up for more than a few hours if you want people to use it, it's not going to get tons of traffic instantly. I was about to buy some bids, but I refreshed the page and the site was down.

Edit: I understand that you need to get enough bids before the auction ends to profit, but 9 days is ridiculously long, especially when it resets after every bid. Reducing it to 120 seconds when users think they still have a week left to bid is even worse, as you probably just found out. If you're going to bring your site back up you need to keep the timer low enough to attract bidders, but not so low that it's going to run out before you raise enough money to cover your costs. You could probably start it at an hour, then slowly lower it when you get enough bids to pay for the prize. Starting with smaller prizes will also help. If you put that graphics card up for auction with your current traffic you're going to either lose money or lose the interest of the bidders because the timer would have to be extremely high.

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iSellGames
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June 22, 2011, 03:46:18 PM
 #26

Timer was at 1-6 hours at start. I think lack of trust for me is the worst thing atm what prevents people from buying bids.

Let's try again. 2 hours time to buy bids, then auction opens with 120 seconds timer.

EDIT: And yes, I won't close the site anymore. I was just so upset.
iSellGames
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June 22, 2011, 04:55:00 PM
 #27

1 bid bought! Buy 2 and you will win minecraft! Wink
sal002
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June 22, 2011, 05:07:37 PM
 #28

I tried this out - I think I won (sal002), but not sure.
iSellGames
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June 22, 2011, 05:15:20 PM
 #29

Gz for the first winner of BitCent!
sal002
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June 22, 2011, 05:24:36 PM
 #30

Awww...swear it said I won.  Next time, I guess.
iSellGames
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June 22, 2011, 05:25:43 PM
 #31

Wut? Already sent you minecraft. (Check PM)
sal002
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June 22, 2011, 05:28:23 PM
 #32

Wait - just got the message Smiley  Wasn't sure by what you meant by Gz!  Product was delivered!

Tremendous site!
iSellGames
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June 22, 2011, 05:29:50 PM
 #33

Enjoy!

Hopefully there will be more players for next auction Sad
Kain
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June 22, 2011, 05:47:57 PM
 #34

I'm confused.
How did he win with .00001 BTC bid, when my bid (as I remember) was 5 times that?
iSellGames
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June 22, 2011, 05:51:02 PM
 #35

People didn't like that 9 days timer so I did whole new auction with 120 seconds. You would not have even won  Embarrassed
Kain
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June 22, 2011, 05:52:29 PM
 #36

I still atleast had a small chance.

You basically threw away my free bid. :/
iSellGames
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June 22, 2011, 05:54:06 PM
 #37

Star would have won it. Go to buy some bids and bid at 7 PM, only 1 guy have bought already  Cheesy
RevolutionMaster
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June 22, 2011, 06:11:42 PM
 #38

Just registered! Nick is RevolutionMaster
I never got my bids =/
iSellGames
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June 22, 2011, 08:05:31 PM
 #39

Gz allowmining for winning 15 bids!
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June 23, 2011, 01:03:19 PM
 #40

Next bid in 2 hours. Gogo, buy bids!
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