0.1 BTC up for Auction! Bidding starts at 0.01 BTC!

[coinnewbit]

hey i am not a sock puppet i am a MAN now

[souspeed]

hey i am not a sock puppet i am a MAN now

Actually I don't care who is the sock puppet or who is the victim.
So enjoy you scam / being scammed! 

[coinnewbit]

lol btw is there a formula for counting waiting times between each post?

[serje]

Heyhey swiper no swiping 0.08

Ok to end this I have to bit 0.1BTC


if he continues bidding then he is a scam!

so I don't win shit and the owner get's 0.02 from coinnewbit!


Good luck!

[coinnewbit]

the fk i have to pay too? cancel bid

[serje]

the fk i have to pay too? cancel bid

you never saw this comming mate?

you can still bid 0.11 and the you have to send him 0.01 and i will have to send 0.01 to him


that's the best deal for us


or we can just delete out posts and go on with our lives

[souspeed]

the fk i have to pay too? cancel bid

you never saw this comming mate?

you can still bid 0.11 and the you have to send him 0.01 and i will have to send 0.01 to him


that's the best deal for us


or we can just delete out posts and go on with our lives

You should really try to understand the rules before you make a bid!
The two highest bidders will both will have to pay the amount that they bid.

[erre]

From your wiki link:

The setup involves an auctioneer who volunteers to auction-off a dollar bill with the following rule: the bill goes to the winner; however, the two highest bidders must pay the highest amount they bid. The winner can get a dollar for mere five cents, but only if no one else enters into the bidding war. The second-highest bidder is the biggest loser by paying the top amount he/she bid without getting anything back. The game begins with one of the players bidding 5 cents (the minimum), hoping to make a 95 cent profit. He can be outbid by another player bidding 10 cents, as a 90 cent profit is still desirable. Similarly, another bidder may bid 15 cents, making an 85 cent profit. Meanwhile, the second bidder may attempt to convert his loss of 10 cents into a gain of 80 cents by bidding 20 cents, and so on. Every player has a choice of either paying for nothing or bidding five cents more on the dollar. Any bid beyond the value of a dollar, is a loss for all bidders alike. Only the auctioneer gets to profit in the end.[1]

This game can be beaten only if the game players are irrational.

with your added rule, NOBODY, rational or irrational, can beat it.
Without the added rule it could had been interesting, like this u're just asking for money

[erre]

From your wiki link:

The setup involves an auctioneer who volunteers to auction-off a dollar bill with the following rule: the bill goes to the winner; however, the two highest bidders must pay the highest amount they bid. The winner can get a dollar for mere five cents, but only if no one else enters into the bidding war. The second-highest bidder is the biggest loser by paying the top amount he/she bid without getting anything back. The game begins with one of the players bidding 5 cents (the minimum), hoping to make a 95 cent profit. He can be outbid by another player bidding 10 cents, as a 90 cent profit is still desirable. Similarly, another bidder may bid 15 cents, making an 85 cent profit. Meanwhile, the second bidder may attempt to convert his loss of 10 cents into a gain of 80 cents by bidding 20 cents, and so on. Every player has a choice of either paying for nothing or bidding five cents more on the dollar. Any bid beyond the value of a dollar, is a loss for all bidders alike. Only the auctioneer gets to profit in the end.[1]

This game can be beaten only if the game players are irrational.

with your added rule (the 2 highest biid >0.1), NOBODY, rational or irrational, can beat it.
Without the added rule it could had been interesting, like this u're just asking for money

[serje]

the fk i have to pay too? cancel bid

you never saw this comming mate?

you can still bid 0.11 and the you have to send him 0.01 and i will have to send 0.01 to him


that's the best deal for us


or we can just delete out posts and go on with our lives

You should really try to understand the rules before you make a bid!
The two highest bidders will both will have to pay the amount that they bid.

At the moment of speaking I don't have to pay anything because I won 0.1 witch is exactly what I bided
The only one who has to pay is the guy after my bid!

[souspeed]

From your wiki link:

The setup involves an auctioneer who volunteers to auction-off a dollar bill with the following rule: the bill goes to the winner; however, the two highest bidders must pay the highest amount they bid. The winner can get a dollar for mere five cents, but only if no one else enters into the bidding war. The second-highest bidder is the biggest loser by paying the top amount he/she bid without getting anything back. The game begins with one of the players bidding 5 cents (the minimum), hoping to make a 95 cent profit. He can be outbid by another player bidding 10 cents, as a 90 cent profit is still desirable. Similarly, another bidder may bid 15 cents, making an 85 cent profit. Meanwhile, the second bidder may attempt to convert his loss of 10 cents into a gain of 80 cents by bidding 20 cents, and so on. Every player has a choice of either paying for nothing or bidding five cents more on the dollar. Any bid beyond the value of a dollar, is a loss for all bidders alike. Only the auctioneer gets to profit in the end.[1]

This game can be beaten only if the game players are irrational.

with your added rule (the 2 highest biid >0.1), NOBODY, rational or irrational, can beat it.
Without the added rule it could had been interesting, like this u're just asking for money

Yep, it's a scam!

[souspeed]

the fk i have to pay too? cancel bid

you never saw this comming mate?

you can still bid 0.11 and the you have to send him 0.01 and i will have to send 0.01 to him


that's the best deal for us


or we can just delete out posts and go on with our lives

You should really try to understand the rules before you make a bid!
The two highest bidders will both will have to pay the amount that they bid.

At the moment of speaking I don't have to pay anything because I won 0.1 witch is exactly what I bided
The only one who has to pay is the guy after my bid!

You will have to pay 0.1!
Afterwards you will receive the price money, but only if you remain the highest bidder!

[serje]

the fk i have to pay too? cancel bid

you never saw this comming mate?

you can still bid 0.11 and the you have to send him 0.01 and i will have to send 0.01 to him


that's the best deal for us


or we can just delete out posts and go on with our lives

You should really try to understand the rules before you make a bid!
The two highest bidders will both will have to pay the amount that they bid.

At the moment of speaking I don't have to pay anything because I won 0.1 witch is exactly what I bided
The only one who has to pay is the guy after my bid!

You will have to pay 0.1!
Afterwards you will receive the price money, but only if you remain the highest bidder!

why would I pay 0.1 to receive 0.1?
This will only be doable with escrow!

Otherwise it's a scam!

and i doubt anyone else will bid 0.11 to receive 0.1!

[souspeed]

The other bidder will currently loose 0.02.
If he bids 0.11, he will possibly only loose 0.11 -0.1 = 0.01.
You still give him an incentive to bid!

Furthermore; this forum allows sock puppets, meaning the OP can bid with a second account!

So now we wait for the sock puppet!

[serje]

The other bidder will currently loose 0.02.
If he bids 0.11, he will possibly only loose 0.11 -0.1 = 0.01.
You still give him an incentive to bid!

Furthermore; this forum allows sock puppets, meaning the OP can bid with a second account!

So now we wait for the sock puppet!

well I didn't want to lose anything


But this can go on longer than the OP can live!

so he might just get nothing!

[souspeed]

The other bidder will currently loose 0.02.
If he bids 0.11, he will possibly only loose 0.11 -0.1 = 0.01.
You still give him an incentive to bid!

Furthermore; this forum allows sock puppets, meaning the OP can bid with a second account!

So now we wait for the sock puppet!

well I didn't want to lose anything


But this can go on longer than the OP can live!

so he might just get nothing!

There is a 24 hour timer, which has started counting down!

[souspeed]

The other bidder will currently loose 0.02.
If he bids 0.11, he will possibly only loose 0.11 -0.1 = 0.01.
You still give him an incentive to bid!

Furthermore; this forum allows sock puppets, meaning the OP can bid with a second account!

So now we wait for the sock puppet!

well I didn't want to lose anything


But this can go on longer than the OP can live!

so he might just get nothing!

There is a 24 hour timer, which has started counting down!

Tick tock tick tock tick........

[serje]

The other bidder will currently loose 0.02.
If he bids 0.11, he will possibly only loose 0.11 -0.1 = 0.01.
You still give him an incentive to bid!

Furthermore; this forum allows sock puppets, meaning the OP can bid with a second account!

So now we wait for the sock puppet!

well I didn't want to lose anything


But this can go on longer than the OP can live!

so he might just get nothing!

There is a 24 hour timer, which has started counting down!

Tick tock tick tock tick........

And what makes you think that if the owner is making another account will stop me from making 5 more accounts and bid with all of them every 23 hours?

[souspeed]

The other bidder will currently loose 0.02.
If he bids 0.11, he will possibly only loose 0.11 -0.1 = 0.01.
You still give him an incentive to bid!

Furthermore; this forum allows sock puppets, meaning the OP can bid with a second account!

So now we wait for the sock puppet!

well I didn't want to lose anything


But this can go on longer than the OP can live!

so he might just get nothing!

There is a 24 hour timer, which has started counting down!

Tick tock tick tock tick........

And what makes you think that if the owner is making another account will stop me from making 5 more accounts and bid with all of them every 23 hours?

Aha, finally something interesting! 

[serje]

The other bidder will currently loose 0.02.
If he bids 0.11, he will possibly only loose 0.11 -0.1 = 0.01.
You still give him an incentive to bid!

Furthermore; this forum allows sock puppets, meaning the OP can bid with a second account!

So now we wait for the sock puppet!

well I didn't want to lose anything


But this can go on longer than the OP can live!

so he might just get nothing!

There is a 24 hour timer, which has started counting down!

Tick tock tick tock tick........

And what makes you think that if the owner is making another account will stop me from making 5 more accounts and bid with all of them every 23 hours?

Aha, finally something interesting! 

And to make it more interesting I currently own over 1200 IP's

so one bid from every IP will make this bid last 27600 hours witch means 1150 days witch is a little over 3 years!