Here's another BTC1 about to end for today:
http://www.blockrun.com/auctions/1-bitcoin-8
Topic: BlockRun.com - Bitcoin Auctions - page 3. (Read 4068 times)
We've fixed the problem with pending bids, they are now visible on the page again
Here's another BTC1 about to end for today:
http://www.blockrun.com/auctions/1-bitcoin-8
Here's another BTC1 about to end for today:
http://www.blockrun.com/auctions/1-bitcoin-8
It seems we are having problems displaying pending (unconfirmed) bids on the page.
If you need to see this for the current auction, please check unconfirmed transactions at the bid address:
http://blockchain.info/address/1Run2yZU3szvKZmB8g1E9LH2TcfdHVff2
Apologies for any inconvenience, we are working to resolve the problem.
If you need to see this for the current auction, please check unconfirmed transactions at the bid address:
http://blockchain.info/address/1Run2yZU3szvKZmB8g1E9LH2TcfdHVff2
Apologies for any inconvenience, we are working to resolve the problem.
3 winners from the forum so far (the phone has been ordered):
https://bitcointalksearch.org/topic/m.2270494
https://bitcointalksearch.org/topic/m.2247017
https://bitcointalksearch.org/topic/m.2243151
We also have users visiting from different sources (Reddit, Twitter, other marketing channels), so not every winner is be a forum user.
There's another BTC1 auction ending soon, maybe you'll get it:
http://www.blockrun.com/auctions/1-bitcoin-6
https://bitcointalksearch.org/topic/m.2270494
https://bitcointalksearch.org/topic/m.2247017
https://bitcointalksearch.org/topic/m.2243151
We also have users visiting from different sources (Reddit, Twitter, other marketing channels), so not every winner is be a forum user.
There's another BTC1 auction ending soon, maybe you'll get it:
http://www.blockrun.com/auctions/1-bitcoin-6
re my previous post, our app is set to auto refund up to 9 blocks after the auction has ended. This tx took more than 9 blocks to be confirmed.
We are in email contact with a user who bid and are asking them to sign one of their addresses. Once we've confirmed they are the rightful owner, we'll process the refund
TBH, we will end up paying the bid back to the sender address either way, but are just encouraging users to sign messages so they can claim when winning.
There's another BTC1 auction ending soon:
http://www.blockrun.com/auctions/1-bitcoin-5
Hopefully one of you will get it!
We are in email contact with a user who bid and are asking them to sign one of their addresses. Once we've confirmed they are the rightful owner, we'll process the refund
TBH, we will end up paying the bid back to the sender address either way, but are just encouraging users to sign messages so they can claim when winning.There's another BTC1 auction ending soon:
http://www.blockrun.com/auctions/1-bitcoin-5
Hopefully one of you will get it!
Thanks Jgguy, you're exactly right; as long as we have at least 2 bidders competing, we stand a chance of making a profit.
You'll notice that a bid of BTC0.99000001 came in, but was not confirmed by the time the auction ended:
http://blockchain.info/address/1Run2GkoUuik73pRSrvgQs4CfRva21CBu
This didn't have a transaction (miners) fee and has still not been accepted into a block. As soon as this is confirmed, it will automatically be refunded by BlockRun as didn't catch a block before the auction ended.
You'll notice that a bid of BTC0.99000001 came in, but was not confirmed by the time the auction ended:
http://blockchain.info/address/1Run2GkoUuik73pRSrvgQs4CfRva21CBu
This didn't have a transaction (miners) fee and has still not been accepted into a block. As soon as this is confirmed, it will automatically be refunded by BlockRun as didn't catch a block before the auction ended.
It doesn't have to be a scam. With the way penny auctions work, even if only 2 people are bidding the operator of the auction has a really good chance to make money. Prior bids are not refunded. Take a look at http://www.blockrun.com/auctions/1-bitcoin-4 for 1 BTC. Now look at how much the bet address received. http://blockchain.info/address/1Run2GkoUuik73pRSrvgQs4CfRva21CBu
Penny auctions are basically gambling. If you are going to bid, just be aware of that!
Penny auctions are basically gambling. If you are going to bid, just be aware of that!
It's not a scam & frankly I'm getting bored of comments like that.
It's a shame that when somebody like us puts a lot of time and effort into building a new service, it gets shot down immediately. People are winning, we are shipping prizes and winners are happy
It's a shame that when somebody like us puts a lot of time and effort into building a new service, it gets shot down immediately. People are winning, we are shipping prizes and winners are happy
I placed a bid of .1 but it did not go through, it was on this auction http://www.blockrun.com/auctions/1-bitcoin-3 my wallet is begins with f0591
How long does it take for it to be refunded?
How long does it take for it to be refunded?
dont do it its a scam
Another BTC1 is ending soon:
http://www.blockrun.com/auctions/1-bitcoin-4
We've had a couple of winners from the forum so far:
https://bitcointalksearch.org/topic/m.2243151
https://bitcointalksearch.org/topic/m.2247017
Hopefully we'll have some more soon
http://www.blockrun.com/auctions/1-bitcoin-4
We've had a couple of winners from the forum so far:
https://bitcointalksearch.org/topic/m.2243151
https://bitcointalksearch.org/topic/m.2247017
Hopefully we'll have some more soon
I placed a bid of .1 but it did not go through, it was on this auction http://www.blockrun.com/auctions/1-bitcoin-3 my wallet is begins with f0591
How long does it take for it to be refunded?
How long does it take for it to be refunded?
As far as I can see there were no other bids to the address after the auction closed:
http://blockchain.info/address/1Run24CHfzsS8xX1HS4MX21zcear6hsEd
I placed a bid of .1 but it did not go through, it was on this auction http://www.blockrun.com/auctions/1-bitcoin-3 my wallet is begins with f0591
How long does it take for it to be refunded?
How long does it take for it to be refunded?
Today at 21:21:55
Well, I think you are scamming at blockrun by pausing auctions.
One hour ago I bet for the 1BTC and it still says that it is waiting for 3 blocks. Which, by now, should have passed.
It didn't took that long on the Nexus, so this smells kinda fishy.
Today at 21:30:05
And now, suddenly, a bet appeared. Very strange.
Well, I think you are scamming at blockrun by pausing auctions.
One hour ago I bet for the 1BTC and it still says that it is waiting for 3 blocks. Which, by now, should have passed.
It didn't took that long on the Nexus, so this smells kinda fishy.
Today at 21:30:05
And now, suddenly, a bet appeared. Very strange.
Apologies, occasionally our blocks fall behind as we are using an external API that falls behind. One we get the blocks, they are processed and the page updates. It doesn't make a difference to the auction as transactions are either in a block on the chain or not. It just means the page may occasionally be out of sync.
We are working on switching to our own infrastructure so that the page is never behind
Today at 21:21:55
Well, I think you are scamming at blockrun by pausing auctions.
One hour ago I bet for the 1BTC and it still says that it is waiting for 3 blocks. Which, by now, should have passed.
It didn't took that long on the Nexus, so this smells kinda fishy.
Today at 21:30:05
And now, suddenly, a bet appeared. Very strange.
Well, I think you are scamming at blockrun by pausing auctions.
One hour ago I bet for the 1BTC and it still says that it is waiting for 3 blocks. Which, by now, should have passed.
It didn't took that long on the Nexus, so this smells kinda fishy.
Today at 21:30:05
And now, suddenly, a bet appeared. Very strange.
Would it help to state who I am?
This is me:
https://twitter.com/dabrowne
This is where I was at the weekend:
https://twitter.com/DaBrowne/status/336233607276404737
This is me:
https://twitter.com/dabrowne
This is where I was at the weekend:
https://twitter.com/DaBrowne/status/336233607276404737
Nice to meet you!
I'm Peter Griffen.
http://www.petergriffen.com/
Would it help to state who I am?
This is me:
https://twitter.com/dabrowne
This is where I was at the weekend:
https://twitter.com/DaBrowne/status/336233607276404737
This is me:
https://twitter.com/dabrowne
This is where I was at the weekend:
https://twitter.com/DaBrowne/status/336233607276404737
We will also be releasing more bitcoin projects, so I see my reputation as far more important than a few coins...
Dude, you have no reputation on here. You might scam all you can on this site, then move on to your next project under a new user ID. It happens all the time.
I'm just warning people to stay away until you prove it's fair. And I believe that is fair.
What proves my exact point that the whole business model is unsustainable.
Not sure how this proves it is unsustainable as a business model. We either make a profit or loss on each auction.. if we are losing too much money, we will just stop creating new auctions and shut up shop.
Like others have said, you are probably out bidding so you don't have to lose money. No way to tell!
Until you can prove its fair, I suggest everyone stay away from this site.
As I mentioned on the other thread;
I understand why you may think we would bid up, but this would be stupid as it would quickly become apparent that nobody ever wins. Why go to the bother of building a site & game mechanic on top of the protocol just to scam people out of a few coins? We hope that it will be profitable in the long-term and make more than a few coins. We will also be releasing more bitcoin projects, so I see my reputation as far more important than a few coins...
Hopefully someone off here will win soon and provide a little reassurance to everyone else.
The winner makes money, as long as their cumulative bids do not add up to more than the price of the product.
We make money if all the bids add up to more than the price of the product. Otherwise we make a loss, which is fine.
Losers lose their bids in order to subsidise a cheap prize for the winners.
It is completely sustainable if we make more profits on all auctions than losses; in the long-run we hope this to be the case but are also happy to cover any losses.
We make money if all the bids add up to more than the price of the product. Otherwise we make a loss, which is fine.
Losers lose their bids in order to subsidise a cheap prize for the winners.
It is completely sustainable if we make more profits on all auctions than losses; in the long-run we hope this to be the case but are also happy to cover any losses.
ONE winner makes money. The other bidders get NOTHING for the money they put in.
What proves my exact point that the whole business model is unsustainable.
That's a reasonable request, we will look to add unsubscribe. At present, you are only subscribed to an auction until it ends, but understand you may want to unsubscribe before then.
A couple of more auctions ending soon and we'll then be done for today:
http://www.blockrun.com/auctions/lg-google-nexus-4-16gb-1
http://www.blockrun.com/auctions/1-bitcoin-2
A couple of more auctions ending soon and we'll then be done for today:
http://www.blockrun.com/auctions/lg-google-nexus-4-16gb-1
http://www.blockrun.com/auctions/1-bitcoin-2
Like others have said, you are probably out bidding so you don't have to lose money. No way to tell!
Until you can prove its fair, I suggest everyone stay away from this site.
That's a reasonable request, we will look to add unsubscribe. At present, you are only subscribed to an auction until it ends, but understand you may want to unsubscribe before then.
A couple of more auctions ending soon and we'll then be done for today:
http://www.blockrun.com/auctions/lg-google-nexus-4-16gb-1
http://www.blockrun.com/auctions/1-bitcoin-2
A couple of more auctions ending soon and we'll then be done for today:
http://www.blockrun.com/auctions/lg-google-nexus-4-16gb-1
http://www.blockrun.com/auctions/1-bitcoin-2
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