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Topic: CHAINBID.com - 1° Gambling with Unique bid auctions in BITCOIN - page 8. (Read 6912 times)

legendary
Activity: 1582
Merit: 1059
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?
member
Activity: 84
Merit: 10
ChainBid.com
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
legendary
Activity: 1540
Merit: 1016
We need a little bit more time Smiley

We are online from <24 hours

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
member
Activity: 84
Merit: 10
ChainBid.com
I personally think that, unless Chainbid gets promoted much more, the site won't be successful the way it is now.

Because:
It needs ~100 bids for an auction to be fully completed (a prize is rewarded to the winner) [apart from Minecraft of course].

 This means there have to be at least 100 active users in order to reach this state.
Right now I don't see any auction even close to the set limit --> it is likely to fail.
If many auctions fail, there is no real reason to take part in an auction, because it will fail anyway.

==> The site will go down after some time.

Please feel free to correct me if I am wrong Smiley

We need a little bit more time Smiley

We are online from <24 hours


This means there have to be at least 100 active users in order to reach this state.
No, Single user can make many bids in same auction
newbie
Activity: 39
Merit: 0
I personally think that, unless Chainbid gets promoted much more, the site won't be successful the way it is now.

Because:
It needs ~100 bids for an auction to be fully completed (a prize is rewarded to the winner) [apart from Minecraft of course].

 This means there have to be at least 100 active users in order to reach this state.
Right now I don't see any auction even close to the set limit --> it is likely to fail.
If many auctions fail, there is no real reason to take part in an auction, because it will fail anyway.

==> The site will go down after some time.

Please feel free to correct me if I am wrong Smiley
member
Activity: 84
Merit: 10
ChainBid.com
1° Auction
https://www.chainbid.com/bid/401/0.10-BTC

Auctions deadline: Nov. 13 - 2015 17:00:00 UTC

Go go go! Smiley
member
Activity: 84
Merit: 10
ChainBid.com
Promotion is finished. Smiley

Thanks to all those who have requested it.

Stay tune for the next opportunity.

Good Auctions at all.

We invite participants to register and tell us their nickname, for the allocation of free credits. Thanks
member
Activity: 84
Merit: 10
ChainBid.com
Hi People Smiley

Few hours at the start! Get on board, you are welcome.

Good luck
member
Activity: 84
Merit: 10
ChainBid.com
First auctions in the program, which you can participate with the free credits, will focus:

1) Bitcoin
2) Litecoin
3) Black Ops III

Good luck

staff ChainBid
member
Activity: 84
Merit: 10
ChainBid.com
<48 hours to the launch. Hurry and ask the free credits in our Giveaway thread Smiley

https://bitcointalksearch.org/topic/closedchainbid-giveaway-free-credits-1242610
member
Activity: 84
Merit: 10
ChainBid.com
I reviewed the site and it is definitely unique.  I am not understanding one thing though:
You are saying that the lowest unique bid is the winning bid.  Since this is an auction style, a bid is a bid and I o not understand if there is a cost for the bid.  For example, if I bid .00031231 as my bid, do I have to pay that amount in order to take that bid amount?   Will there be shipping charges on the items won, or will all winning items be digital or virtual?  Just a few questions I did not understand or see answered.  

Hi knightkon.

In "Unique Bid Auctions" every user will pay a small fee (1 credit) for each bid independently of the amount of the bid.

Example:
1. If user "a" will make a bid of 0.0001 BTC, he will pay only 1 credit.
2. If user "b" will make a bid of 0.0001 BTC, he will pay only 1 credit.
3. If user "c" will make a bid of 0.0003 BTC, he will pay only 1 credit.
4. If user "d" will make a bid of 0.0025 BTC, he will pay only 1 credit.
5. If user "e" will make a bid of 0.0400 BTC, he will pay only 1 credit.
6. If user "e" will make a bid of 0.0500 BTC, he will pay only 1 additional credit (2 total credits).

At the end of the auction the winner, to collect the prize, will pay the amount of winning bid (in our example: user "c" with 0.0003 BTC, the lowest and unique bid).

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.

if you have more questions please feel free to ask Smiley
hero member
Activity: 826
Merit: 501
I reviewed the site and it is definitely unique.  I am not understanding one thing though:
You are saying that the lowest unique bid is the winning bid.  Since this is an auction style, a bid is a bid and I o not understand if there is a cost for the bid.  For example, if I bid .00031231 as my bid, do I have to pay that amount in order to take that bid amount?   Will there be shipping charges on the items won, or will all winning items be digital or virtual?  Just a few questions I did not understand or see answered. 
I don't understand how you reviewed the site, which still closed. I will wait until opening after which it will be possible to make any conclusions.
hero member
Activity: 588
Merit: 500
I reviewed the site and it is definitely unique.  I am not understanding one thing though:
You are saying that the lowest unique bid is the winning bid.  Since this is an auction style, a bid is a bid and I o not understand if there is a cost for the bid.  For example, if I bid .00031231 as my bid, do I have to pay that amount in order to take that bid amount?   Will there be shipping charges on the items won, or will all winning items be digital or virtual?  Just a few questions I did not understand or see answered. 
legendary
Activity: 966
Merit: 1000
We opened a specific thread for request of promo free credits in Games and Round, because, from regulation, we should not do it here.

https://bitcointalksearch.org/topic/closedchainbid-giveaway-free-credits-1242610

This thread will remain still our main to keep you informed and communicate directly with our customers.
nice promo from your side.
regards.
-Katerniko1
member
Activity: 84
Merit: 10
ChainBid.com
We opened a specific thread for request of promo free credits in Games and Round, because, from regulation, we should not do it here.

https://bitcointalksearch.org/topic/closedchainbid-giveaway-free-credits-1242610

This thread will remain still our main to keep you informed and communicate directly with our customers.
member
Activity: 84
Merit: 10
ChainBid.com
Reserving myself a spot for the free credits  Wink

I just have a question: Will there be a built-in maximum per bid?
I know it doesn't make sense to bid more than you could win, but as Einstein said: "There are two infinite things in our world: The universe and human stupidity"


Bet for any single amount always cost 1 credit. But, of course, you can offer any amount you want! Smiley
legendary
Activity: 3066
Merit: 1312
Unique concept and nice design
Let me know if you want giveaway  Grin

Lol this is the first time I see a member offer a giveaway to gambling site owner. Are you serious with what you are saying?am I misunderstand your sentence or maybe what you mean is asking them to do some giveaways for us?
sr. member
Activity: 432
Merit: 250
Febriyana Muhammad
Unique concept and nice design
Let me know if you want giveaway  Grin
hero member
Activity: 700
Merit: 500
Will keep eye on this thread this site has unique betting model to win some money by bidding, i have reserved to my place for this promo.
hero member
Activity: 686
Merit: 500
Interesting betting concept to place bid there site looking unique and cool and i am hopeful this will attract so many people to place bid there to get huge profit become the winner, i also interested in giveaway promo offer.
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