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Topic: [ANN] Penny Auction for altcoins {* BETA testing + 100 free bids *} - page 2. (Read 3108 times)

newbie
Activity: 32
Merit: 0
Hate to break it to you, but if there's money to be made, people (maybe even me) will make bots.

I agree, but there is no way to block bots.
member
Activity: 84
Merit: 10
I hope there is no bot. Wink

Hate to break it to you, but if there's money to be made, people (maybe even me) will make bots.
newbie
Activity: 32
Merit: 0
Just for giggle, how about entering a simple captcha, like a calculation, every 5 bids lol.
That way I can prevent bots.. will prevent humans also. *argh*
newbie
Activity: 32
Merit: 0
Looks pretty well designed, I hope it catches on.

Thanks!

What's to stop me from making a bot that will bid on items with prices below their value; doesn't that defeat the purpose?

I hope there is no bot. Wink
member
Activity: 84
Merit: 10
What's to stop me from making a bot that will bid on items with prices below their value; doesn't that defeat the purpose?
legendary
Activity: 2114
Merit: 1040
A Great Time to Start Something!
Looks pretty well designed, I hope it catches on.
newbie
Activity: 32
Merit: 0
3rd Beta testing session started! Bug finders will get rewarded!

Cheers Shocked
newbie
Activity: 32
Merit: 0
We started 2nd beta testing session. Come and join for testing!

https://pennychamp.com/
newbie
Activity: 32
Merit: 0
ANNOUNCEMENT:
- PennyChamp.com is opened for BETA testing. Feel free to sign up for testing.
- Initial 100 bid amount added for new comers.
- Any comment or recommendation will be much appreciated!


The idea of this site is:
- you can pay bitcoin to purchase bids. (currently only accept bitcoin - Blockchain API - minimum transaction amount is applied by Blockchain: 0.001 BTC)
- you can bid on auction items by the numbers of bid you purchased.
- starting auction items will be Ron Paul coins. (can be added other altcoins later)
- increment per bid is 1 cent.
- if you win, you will pay the amount of the highest bid.
- coin holder will send an email to ask your altcoin wallet address.
- once the address has received, the owner will send the winning amount of altcoin ASAP.
- bot free! no fraud!

What is Penny Auction?
- https://pennychamp.com/Help/HowItWorks
- wiki ref : http://en.wikipedia.org/wiki/Penny_auction

Original Thread
- http://ronpaulcoin.cryptotycoons.com/RPCForum/index.php?topic=201.0
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