Bitcoin Forum
December 03, 2016, 07:05:31 AM *
News: To be able to use the next phase of the beta forum software, please ensure that your email address is correct/functional.
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: Just for the fun of it  (Read 1709 times)
Jeremy West spendbitcoins.com
Hero Member
*****
Offline Offline

Activity: 686



View Profile WWW
December 19, 2011, 05:33:59 AM
 #1

This is a psychology experiment. Let's see if this auction goes anywhere at all.

The rules:

1) Highest bidder at the end of the auction gets all bitcoins in 167gBwPnorxou8mKF2CUr95y7xdfgpfxsd at auction's end.

2) To bid, you must actually send the amount of your bid to 167gBwPnorxou8mKF2CUr95y7xdfgpfxsd (that's right, every bidder pays their bid whether they win or not)*.

3) Immediately after adding it (before the payment makes it to blockexplorer so someone else can claim it), you must post the amount of the payment you made here.

3) Auction ends when no payment has hit blockexplorer exactly 1 hour after a prior payment hits blockexplorer (according to the times listed in blockexplorer for the transaction). If your payment hits blockexplorer one hour and one second after the prior payment, you are among the losers.

4) Within 12 hours of auction end, I will send the entire contents of the wallet to the winner.

*To be clear, the amount you send is not totaled cumulatively. The current high bidder must send that amount in 1 transaction.


1480748731
Hero Member
*
Offline Offline

Posts: 1480748731

View Profile Personal Message (Offline)

Ignore
1480748731
Reply with quote  #2

1480748731
Report to moderator
Remember that Bitcoin is still beta software. Don't put all of your money into BTC!
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1480748731
Hero Member
*
Offline Offline

Posts: 1480748731

View Profile Personal Message (Offline)

Ignore
1480748731
Reply with quote  #2

1480748731
Report to moderator
1480748731
Hero Member
*
Offline Offline

Posts: 1480748731

View Profile Personal Message (Offline)

Ignore
1480748731
Reply with quote  #2

1480748731
Report to moderator
1480748731
Hero Member
*
Offline Offline

Posts: 1480748731

View Profile Personal Message (Offline)

Ignore
1480748731
Reply with quote  #2

1480748731
Report to moderator
Jeremy West spendbitcoins.com
Hero Member
*****
Offline Offline

Activity: 686



View Profile WWW
December 19, 2011, 05:35:10 AM
 #2

I have sent 0.01

ineededausername
Hero Member
*****
Offline Offline

Activity: 784


bitcoin hundred-aire


View Profile
December 19, 2011, 05:36:32 AM
 #3

Oh wow, someone finally got around to implementing this.

(BFL)^2 < 0
Ryland R. Taylor-Almanza
Hero Member
*****
Offline Offline

Activity: 812



View Profile
December 19, 2011, 05:44:24 AM
 #4

Might send some coins soon.
adamstgBit
Legendary
*
Offline Offline

Activity: 1904


Trusted Bitcoiner


View Profile WWW
December 19, 2011, 05:46:31 AM
 #5

I have sent 0.01

so i'd have to send 0.02 and the next guy 0.03...1.01, 1.02

i saw this game on one of the bitcoin gambling sites


adamstgBit
Legendary
*
Offline Offline

Activity: 1904


Trusted Bitcoiner


View Profile WWW
December 19, 2011, 05:48:07 AM
 #6

I have sent 0.01

so i'd have to send 0.02 and the next guy 0.03...1.01, 1.02

i saw this game on one of the bitcoin gambling sites, it was working well the jackpot was going up up up



Jeremy West spendbitcoins.com
Hero Member
*****
Offline Offline

Activity: 686



View Profile WWW
December 19, 2011, 05:51:41 AM
 #7

I have sent 0.01

so i'd have to send 0.02 and the next guy 0.03...1.01, 1.02

i saw this game on one of the bitcoin gambling sites, it was working well the jackpot was going up up up



That's right. So it's been done? Damn it, I thought I was being creative. Should have known there's nothing nre under the sun. Smiley

notme
Legendary
*
Offline Offline

Activity: 1526


View Profile
December 19, 2011, 05:55:24 AM
 #8

I have sent a satoshi-level approximation of the square root of 2.

https://www.bitcoin.org/bitcoin.pdf
While no idea is perfect, some ideas are useful.
12jh3odyAAaR2XedPKZNCR4X4sebuotQzN
Jeremy West spendbitcoins.com
Hero Member
*****
Offline Offline

Activity: 686



View Profile WWW
December 19, 2011, 06:07:50 AM
 #9

I just realized that I would have an unfair advantage in this game, being able to see payments in the wallet before they hit blockexplorer, so I will be participating no more. You're welcome, winner, for the 0.01 donation from me. Smiley

Jeremy West spendbitcoins.com
Hero Member
*****
Offline Offline

Activity: 686



View Profile WWW
December 19, 2011, 06:09:16 AM
 #10

I have sent a satoshi-level approximation of the square root of 2.

By the way, for us non-math nerds, this translates to 1.41421356

Jeremy West spendbitcoins.com
Hero Member
*****
Offline Offline

Activity: 686



View Profile WWW
December 19, 2011, 06:12:32 AM
 #11

If your payment hits blockexplorer one hour and one second after the prior payment, you are among the losers.

This might be a good reason to include a fee in your transaction.  Smiley

notme
Legendary
*
Offline Offline

Activity: 1526


View Profile
December 19, 2011, 07:10:11 AM
 #12

Yay, I win 1.42421356!

Payment address is 1Nz8tdcuxH4TSSWQWVSGUBYERsDTNZWiza

https://www.bitcoin.org/bitcoin.pdf
While no idea is perfect, some ideas are useful.
12jh3odyAAaR2XedPKZNCR4X4sebuotQzN
Jeremy West spendbitcoins.com
Hero Member
*****
Offline Offline

Activity: 686



View Profile WWW
December 19, 2011, 07:32:32 AM
 #13

Yay, I win 1.42421356!

Payment address is 1Nz8tdcuxH4TSSWQWVSGUBYERsDTNZWiza

Sent. Don't spend the 0.01 above what you paid in one place!

notme
Legendary
*
Offline Offline

Activity: 1526


View Profile
December 19, 2011, 07:46:20 AM
 #14

Yay, I win 1.42421356!

Payment address is 1Nz8tdcuxH4TSSWQWVSGUBYERsDTNZWiza

Sent. Don't spend the 0.01 above what you paid in one place!

Received, thanks!  Psychology lesson: by laying down a large bet to take the small pot I offered roughly 2:1 odds to the next player.  However, the next player would offer the following player 3:1 odds, a better deal than he got.  At this point it becomes about who has the most liquid bitcoins, so nobody wants to play.  It was a bluff, since I don't have enough to back it up, but it worked, and I made roughly 0.7% on my investment.  Probably not my best wager, but I'll take it.

https://www.bitcoin.org/bitcoin.pdf
While no idea is perfect, some ideas are useful.
12jh3odyAAaR2XedPKZNCR4X4sebuotQzN
coin_toss
Member
**
Offline Offline

Activity: 118


View Profile
December 19, 2011, 08:29:17 AM
 #15

damn i missed this. round 2?
Jeremy West spendbitcoins.com
Hero Member
*****
Offline Offline

Activity: 686



View Profile WWW
December 19, 2011, 09:21:36 AM
 #16

damn i missed this. round 2?

Sure thing - https://bitcointalk.org/index.php?topic=55002.0

Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!