OK new auctions up benefiting:
the Free Software Foundation
https://www.bidforcoin.com/ui/104001
the Internet Archive
https://www.bidforcoin.com/ui/95004
The site is beta but the bids, prizes, and contributions are all real.
You can enter for as little as 0.001 BTC.
Thanks for your help in beta testing the site.
Topic: Bid for Coin: first winners announced - are you on the list? (Read 485 times)
OK great questions.
What is it?
First, it's important to understand that it's not a gambling site.
A lowest unique bid auction is a strategy game that works like an auction: the bids are secret, and the lowest bid that only one person picked will win.
In our auctions, you're bidding small amounts of bitcoin to win larger amounts of bitcoin.
We publish all the auction results on the site so you can look for patterns and develop a strategy. We also have a JSON api so you can write software to crunch the numbers.
Human behavior may seem random, but it's quite predictable in the aggregate.
How do you play?
From our homepage at https://www.bidforcoin.com:
1. Select an auction. There are many auctions to choose from and most will benefit different charities or causes. Pick the one you like best.
Now you are at the auction page.
2. Enter your payout address. This is your bitcoin wallet's payment address. If you win the auction, we will send payment to this address.
Beneath the payout address field, you'll see a grid of numbers.
3. Select your bids. Tap individual numbers in the grid to select them. The total is displayed next to the "Place Bids" button. Click that button to submit your bids.
Send us your payment for the bids you selected, and you're all set.
Hope that helps!
What is it?
First, it's important to understand that it's not a gambling site.
A lowest unique bid auction is a strategy game that works like an auction: the bids are secret, and the lowest bid that only one person picked will win.
In our auctions, you're bidding small amounts of bitcoin to win larger amounts of bitcoin.
We publish all the auction results on the site so you can look for patterns and develop a strategy. We also have a JSON api so you can write software to crunch the numbers.
Human behavior may seem random, but it's quite predictable in the aggregate.
How do you play?
From our homepage at https://www.bidforcoin.com:
1. Select an auction. There are many auctions to choose from and most will benefit different charities or causes. Pick the one you like best.
Now you are at the auction page.
2. Enter your payout address. This is your bitcoin wallet's payment address. If you win the auction, we will send payment to this address.
Beneath the payout address field, you'll see a grid of numbers.
3. Select your bids. Tap individual numbers in the grid to select them. The total is displayed next to the "Place Bids" button. Click that button to submit your bids.
Send us your payment for the bids you selected, and you're all set.
Hope that helps!
I still unclear how to play it. Can explain more to me how to win in the game
OK, we just completed our first auction of our beta test.
https://www.bidforcoin.com/ui/89002
0.1000 BTC was awarded to :
1HVwspCTfi1fHLCkrqQ89B5rPYhCin8iT6
for a winning bid of 0.0016 BTC
and
0.1000 BTC was awarded to :
1HDiu1bNqiooa9tfhUfowKmE7cNjaTehyN
for a winning bid of 0.0020 BTC
and
0.0130 BTC overage went to the Bitcoin Foundation.
If you're one of the above bidders -- or even if you're not -- please let us know how you'd improve the user experience.
More auctions are now up and running at:
https://www.bidforcoin.com/
So please help us by placing bids, however small. There is no minimum purchase. Thanks!
https://www.bidforcoin.com/ui/89002
0.1000 BTC was awarded to :
1HVwspCTfi1fHLCkrqQ89B5rPYhCin8iT6
for a winning bid of 0.0016 BTC
and
0.1000 BTC was awarded to :
1HDiu1bNqiooa9tfhUfowKmE7cNjaTehyN
for a winning bid of 0.0020 BTC
and
0.0130 BTC overage went to the Bitcoin Foundation.
If you're one of the above bidders -- or even if you're not -- please let us know how you'd improve the user experience.
More auctions are now up and running at:
https://www.bidforcoin.com/
So please help us by placing bids, however small. There is no minimum purchase. Thanks!
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