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Topic: [ETH] All Pay Auction - allpay.auction - 30eth up for grabs (Read 1446 times)

newbie
Activity: 11
Merit: 0
I'm gonna review the code.

Did your review find any issues?
newbie
Activity: 11
Merit: 0
I'm gonna review the code.

Thanks, let me know if you have any feedback.
newbie
Activity: 1
Merit: 0
I'm gonna review the code.
newbie
Activity: 11
Merit: 0
I'm looking to change a few things with the auction and rerelease. Before I do that, I'm interested in hearing any suggestions for how the auction could be improved.

One idea to get things rolling is adding a bitcoin bridge.
newbie
Activity: 11
Merit: 0
Current Auction

Current Highest Bid: 0.000000000000438756 ether
Ether for Sale:  0.00009 ether

Bid Here
Who was the last winner? Was it someone from this forum?

There has only been 2 unique winners so far (You can see the list at the bottom of the page at http://allpay.auction/):
0xe39d0c42d7e7215e666e1517b351094becf3e3a6
0x613f58d4d065b50923425dfbf01a2c781735b8e3
hero member
Activity: 532
Merit: 500
Current Auction

Current Highest Bid: 0.000000000000438756 ether
Ether for Sale:  0.00009 ether

Bid Here
Who was the last winner? Was it someone from this forum?
newbie
Activity: 11
Merit: 0
Current Auction

Current Highest Bid: 0.000000000000438756 ether
Ether for Sale:  0.00009 ether

Bid Here
full member
Activity: 168
Merit: 100
no BetGod, just no

Lol for you everything is Betgods fault?

You hacked his PC, and stole his money, admit it already, you are rubixis alt account!
hero member
Activity: 532
Merit: 500
I have never bid in the auction (and never will). I will add a link on the website to see if the winner comes forward here.

The next auction is active, at this stage it will end in a little over 2 hours.

Current Highest Bid: 0.1 ether
Ether for Sale: 4.71366 ether
still going?
newbie
Activity: 11
Merit: 0
I have never bid in the auction (and never will). I will add a link on the website to see if the winner comes forward here.

The next auction is active, at this stage it will end in a little over 2 hours.

Current Highest Bid: 0.1 ether
Ether for Sale: 4.71366 ether
hero member
Activity: 1036
Merit: 504
Becoming legend, but I took merit to the knee :(
another ponzi ?

Until someone else owns up winning the first round and it is not a new member it can safely be said that he is the one paying himself, aka he made the 3eth bid and got his original 30 + the other bids knowing that no one else would play his ponzi
hero member
Activity: 532
Merit: 500
another ponzi ?
newbie
Activity: 11
Merit: 0
First auction has finished!

Ether Sold: 30 Ether
Highest Bid: 3 Ether
Bid Count: 5
newbie
Activity: 25
Merit: 0
no BetGod, just no
hero member
Activity: 1036
Merit: 504
Becoming legend, but I took merit to the knee :(
I would love to see the winner of said auction 0 that is not another address by you in 24 hours time.
newbie
Activity: 11
Merit: 0
A contract can create another contract. In this case, the AuctionMaster contract creates a new Auction contract for every auction. This does make the gas usage higher, but I found that it simplifies the code significantly.
newbie
Activity: 42
Merit: 0
You can put two contracts into one contract? How does that work  Huh
newbie
Activity: 11
Merit: 0
Yes, the initial 30 ETH is a gift from allpay.auction.

In the above hypothetical situation, the next auction would have 37.8 ETH for sale which all goes to the highest bidder.
newbie
Activity: 29
Merit: 0
Not quite. After 24 hours, D wins, gets 30 ETH. Because there was 42 ETH of bids, the owner of the contract now controls 4.2 ETH (10% fee), and a new auction starts fresh with 37.8 ETH (90% or 42 - 4.2).


so ... erm.. i dont get it. player D wins 30 eth from thin air? its a gift from allpayauction?

next step auction starts with 37.8 eth to win 30 eth?


edit:  "Because this is an all-pay auction, you pay the amount you bid regardless of whether you are the winner."
so if im not a winner - i can kiss the dust?  its like a .. to buy an unlucky lottery ticket, right?
newbie
Activity: 11
Merit: 0
Not quite. After 24 hours, D wins, gets 30 ETH. Because there was 42 ETH of bids, the owner of the contract now controls 4.2 ETH (10% fee), and a new auction starts fresh with 37.8 ETH (90% or 42 - 4.2).
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