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Topic: CHAINBID.com - 1° Gambling with Unique bid auctions in BITCOIN - page 7. (Read 6914 times)

member
Activity: 81
Merit: 10
Congratulations to 'anomalousclicking' who won the 0.30 btc auction!

https://www.chainbid.com/concluded-bids/408/0.30-BTC

Yeah, confirming that i received my prize Smiley

member
Activity: 84
Merit: 10
ChainBid.com
Hurry and go to play! The GTA V auction is about to expire.
Good luck!
member
Activity: 84
Merit: 10
ChainBid.com
Congratulations to 'anomalousclicking' who won the 0.30 btc auction!

https://www.chainbid.com/concluded-bids/408/0.30-BTC
member
Activity: 84
Merit: 10
ChainBid.com
Hurry and go to play! The 0.30 BTC auction is about to expire.
Good luck!
full member
Activity: 422
Merit: 102
ive requested credits on a ticket at my chainbid.com account username markzenn11

We loaded on your profile the 10 free credits you booked.
Good Fun!

ChainBid Staff


thank you..
ill will visit chainbid right away and i think chainbid will guide me there on how it really work, by that credits, enough to play
i hope> thanks a lot..
member
Activity: 84
Merit: 10
ChainBid.com
Seems to be a unique gambling experience .However I still have no clue on how to decide the bid winner? The one with the lowest possible bids win right? What if bids from the two or more users collide?
The one with the lowest AND UNIQUE bids win.
See rules:
https://www.chainbid.com/rules

You can use a private key for two way authorization for each bidder to keep it more transparent maybe.The bidding time frame is too big I mean 18 hours is just too much to wait.You can use small bids and winning amounts by introducing small time frames.

Bid are made through credits, not in bitcoin, we can not implement a multisig for deals then. Currently we have trouble getting a quorum with 12 hours away from an auction and the other we can not reduce this time
legendary
Activity: 1750
Merit: 1115
Providing AI/ChatGpt Services - PM!
Seems to be a unique gambling experience .However I still have no clue on how to decide the bid winner? The one with the lowest possible bids win right? What if bids from the two or more users collide?You can use a private key for two way authorization for each bidder to keep it more transparent maybe.The bidding time frame is too big I mean 18 hours is just too much to wait.You can use small bids and winning amounts by introducing small time frames.
member
Activity: 84
Merit: 10
ChainBid.com
ive requested credits on a ticket at my chainbid.com account username markzenn11

We loaded on your profile the 10 free credits you booked.
Good Fun!

ChainBid Staff
full member
Activity: 422
Merit: 102
ive requested credits on a ticket at my chainbid.com account username markzenn11
member
Activity: 84
Merit: 10
ChainBid.com
Credits have been given back to the partecipants of all the auction that have not reach the minimum quorum.
member
Activity: 84
Merit: 10
ChainBid.com
The auction have not reach the minimum quorum, it is canceled and credits have been given back to the partecipants.

https://www.chainbid.com/concluded-bids/402/Black-Ops-III
hero member
Activity: 504
Merit: 500
plz check my PM and take a minute to reply :_)
member
Activity: 84
Merit: 10
ChainBid.com
The auction have not reach the minimum quorum, it is canceled and credits have been given back to the partecipants.

https://www.chainbid.com/concluded-bids/401/0.10-BTC
sr. member
Activity: 336
Merit: 250
Read and got answers to some of my questions.

I like the concept, but just need something to guarantee that you would actually payout.




I see the bid is over. Who won the 0.1 ?

No one.  Cool

All auctions have a deadline. In the unlikely event that the auction, at the end, does not have a unique offer, the auction will be canceled and receivables credited to those who joined the auction. The auction is effective when it reaches the minimum number of tenders given. If the auction does not reach this minimum, it is canceled and credits will be returned to the partecipants.

The credits will be returned ? But my credits not returned -_-
legendary
Activity: 1302
Merit: 1005
New Decentralized Nuclear Hobbit
Read and got answers to some of my questions.

I like the concept, but just need something to guarantee that you would actually payout.




I see the bid is over. Who won the 0.1 ?

No one.  Cool

All auctions have a deadline. In the unlikely event that the auction, at the end, does not have a unique offer, the auction will be canceled and receivables credited to those who joined the auction. The auction is effective when it reaches the minimum number of tenders given. If the auction does not reach this minimum, it is canceled and credits will be returned to the partecipants.
sr. member
Activity: 336
Merit: 250
I see the bid is over. Who won the 0.1 ?
legendary
Activity: 1302
Merit: 1005
New Decentralized Nuclear Hobbit
The game is on multiples of 0.0001?? Can you confirm this?

What if more than 1 player wins? Is it possible? Would the prize be shared?

What happens if the "quorum" of an auction is not reached but the timer runs out?


i want to know if someone already bid with amount 0.0004, can i bid with the same amount ?

Yeah you can. Smiley
sr. member
Activity: 252
Merit: 250
i want to know if someone already bid with amount 0.0004, can i bid with the same amount ?
member
Activity: 84
Merit: 10
ChainBid.com
Just to get one thing straight. I know sites like this, but you are actually making bids on things you want to buy. It's the same system, the lowest bid wins. But on you concept we are trying to win prizes, and not actually buying stuff right?

Both are quite interesting, specially with btc, so I want to see how this one goes.
If we are actually buying things do you deliver worldwide?

For the beginning items are only digital or virtual, in the future, just insert even physical object, we will see what will be best to do about shipping costs. Thanks
legendary
Activity: 1540
Merit: 1016
If you make a very little effort to promote the site then your site will be dead soon. Even a site that promote it heavily is not guarantee to success here. I have seen alot site that dont promote and fail here


Working on it  Wink

Someone made almost the same system long ago biddybid ot something like that and it fails. No promotions and nothing at all, the longer you waste your time the faster the site will be dead. Also there are atleast 1 new site each week nowadays so more competitior
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