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June 05, 2013, 09:28:09 PM |
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The way I understood it, someone buys the 'bomb'. Then, the next person can choose to buy the 'bomb' at a higher price, paying off the first buyer AND the website owner. This goes on a couple of times, until nobody wants to buy the bomb anymore. The last person to have bought it loses all his money. Everybody else wins.
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