Nice idear... Fun to, just one question: have you tought about the fact that people could just create a newbie account to bid... If they win, they get the account, if they are the second highest bidder: they just toss the newbie account and don't pay you...
I would set a minimum rank in order to bid, but that's just my opinion
If I am not mistaken, any newbie accounts must provide a signed message from the wallet where they store the funds to pay for his/her bid. That way, bidding will be fair for both the buyers and the one holding the auction..
I bid 0.008 btc OP.
Well... I wasn't talking about the auction winner... I was talking about the runner up.
The one bidding the second highest amount is supposed to also pay, but will not get the account (the OP's rules)... Newbies can just toss their account, even when they signed a message... Like Lutpin is saying:
Here's the twist, top two bidders have to pay the bidded amount and winner will only get the account, so bid with caution.
Happy bidding.
So you're saying, if i bid on this and someone else overbids me,
and then the auction ends, you expect me to pay the amount I bidded,
even though I wont get the account?!
And you think anyone in this situation will pay what you want of him?
He's totally right, this was my point