Jonathan Ryan Owens (OP)
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November 12, 2011, 09:21:24 AM |
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According to NIST and ECRYPT II, the cryptographic algorithms used in
Bitcoin are expected to be strong until at least 2030. (After that, it
will not be too difficult to transition to different algorithms.)
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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avoid3d
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November 12, 2011, 09:32:34 AM |
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Clever:
I bid 0.5BTC
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avoid3d - Pierre Hugo 1avoid9FDvP15aKNyPGgJPcxfzMFM4Af6
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avoid3d
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November 12, 2011, 09:33:48 AM |
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There is plenty of room for inside manipulation here. you could just make a shill account and bid 1 BTC, defrauding the previous bidder out of their contribution
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avoid3d - Pierre Hugo 1avoid9FDvP15aKNyPGgJPcxfzMFM4Af6
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avoid3d
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November 12, 2011, 09:37:09 AM |
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Also, the wiki entry doesn't say what happens in the case of only one bidder
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avoid3d - Pierre Hugo 1avoid9FDvP15aKNyPGgJPcxfzMFM4Af6
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deepceleron
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November 12, 2011, 09:39:26 AM |
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The problem will be compelling all the losing bidders to pay their bids...
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Jonathan Ryan Owens (OP)
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November 12, 2011, 09:42:03 AM |
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The problem will be compelling all the losing bidders to pay their bids...
1. Theymos / Admins can see my IP. Granted, I *could* use a VPN and could bid it up, but that's a whole lot of work for what is really just good fun. 2. If the loser doesn't pay up, I guess they're a scammer and coul get a bunch of x's or at least a bad rep. 3. If there's no 2nd bidder, you win the 1 BTC for 0.5 BTC -Jonathan
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Jonathan Ryan Owens (OP)
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Merit: 252
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November 12, 2011, 10:11:39 AM |
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ALMOST FORGOT!!
AUCTION ENDS AT 11:59PM PST ON 11/12/2011 (JUST UNDER 24 HOURS FROM NOW)
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deepceleron
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November 12, 2011, 10:29:52 AM |
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Who is going to be the first to bid 1.5BTC? Pay 0.5BTC to make avoid3d lose 0.5BTC? What fun!
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avoid3d
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November 12, 2011, 10:42:37 AM |
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Who is going to be the first to bid 1.5BTC? Pay 0.5BTC to make avoid3d lose 0.5BTC? What fun!
If someone bids 1.5BTC I will spite them and bid 1.6
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avoid3d - Pierre Hugo 1avoid9FDvP15aKNyPGgJPcxfzMFM4Af6
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deepceleron
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November 12, 2011, 10:49:06 AM |
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Who is going to be the first to bid 1.5BTC? Pay 0.5BTC to make avoid3d lose 0.5BTC? What fun!
If someone bids 1.5BTC I will spite them and bid 1.6 Okay then, let me correct my statement: who will bid 1.5BTC and make avoid 3d lose 0.6BTC? What fun!
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avoid3d
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November 12, 2011, 11:25:02 AM |
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Who is going to be the first to bid 1.5BTC? Pay 0.5BTC to make avoid3d lose 0.5BTC? What fun!
If someone bids 1.5BTC I will spite them and bid 1.6 Okay then, let me correct my statement: who will bid 1.5BTC and make avoid 3d lose 0.6BTC? What fun! Haha I had to think about that for a second. A more telling "correction" to your statement would be: who wants to pay 1.5BTC to make avoid3d lose 0.6BTC no ? </all in good fun>
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avoid3d - Pierre Hugo 1avoid9FDvP15aKNyPGgJPcxfzMFM4Af6
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Jonathan Ryan Owens (OP)
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Activity: 392
Merit: 252
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November 12, 2011, 06:14:35 PM |
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All Auction proceeds will go to Theymos / Bitcointalk for ongoing server and upgrade costs.
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ineededausername
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November 12, 2011, 08:35:02 PM |
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I bid 100 BTC
---no just kidding. I bid 0.51 BTC.
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(BFL)^2 < 0
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pirateat40
Avast Ye!
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"Yes I am a pirate, 200 years too late."
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November 12, 2011, 08:36:40 PM |
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I bid 100 BTC
---no just kidding. I bid 0.51 BTC.
I think its over.
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ineededausername
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November 12, 2011, 08:39:23 PM |
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I bid 100 BTC
---no just kidding. I bid 0.51 BTC.
I think its over. It's not over til tonight.
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(BFL)^2 < 0
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pirateat40
Avast Ye!
Sr. Member
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Activity: 378
Merit: 250
"Yes I am a pirate, 200 years too late."
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November 12, 2011, 08:41:42 PM |
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I bid 100 BTC
---no just kidding. I bid 0.51 BTC.
I think its over. It's not over til tonight. oh, sorry my bad. I missed that little AM PM thing
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Matoking
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November 12, 2011, 08:45:30 PM |
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I bid 0.511 BTC
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dree12
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November 13, 2011, 04:34:14 AM |
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Are sub-satoshi amounts allowed?
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Jonathan Ryan Owens (OP)
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November 13, 2011, 05:24:04 AM |
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Are sub-satoshi amounts allowed?
Good question. The precedent has already been set, so no further decimal places would be allowed. -Jonathan
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mjcmurfy
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November 13, 2011, 06:03:40 AM |
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Hmm. If you have perfect information as per the wikipedia article, the the most rational thing to do is to not take part in this auction at all. By placing a single bid, you are led into a series of rational sequential bids, leading to irrational bids subsequently. You know this in advance, so any bid is irrational. In saying that ... 0.5112 btc
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