Topic: uBIDUP - Interesting new Bitcoin site (Read 982 times)
New auctions has been added to uBIDUP. http://ubidup.com. Enjoy.
It is limited by bitcoin/litecoin currency precision. So the lowest available value is: 0.00000001 BTC or LTC. Site do not allow to enter lower value. You can check it on particular auction page even without registering and login. E.g. on below auction:
https://ubidup.com/Citri/index.php?r=site/auctionDetails&auction_id=234
https://ubidup.com/Citri/index.php?r=site/auctionDetails&auction_id=234
Couldn't I just make a bid with thousands of 0's in it?
Like 0.00000000000000000000000000000000000000000000000000000000000000000000000000000 000000000000000000000000000000000001?
Or is there a limit on what you can bid?
Like 0.00000000000000000000000000000000000000000000000000000000000000000000000000000 000000000000000000000000000000000001?
Or is there a limit on what you can bid?
Hi. Just keep watching it and enjoy the game 
Call me crazy, but I just don't believe that this site is going to pay out 1000 BTC to someone.
Very nice site, quite interesting! Something new to btc gambling- investing !
Hi,
I have found interesting BitCoin site. It allows users to bid for bitcoins or litecoins. Fair rules. Check it out. Link below:
http://ubidup.com
uBIDUP website allows users to bid for digital currencies based on unique auction mechanism. A lowest unique bid auction is a type of strategy game related to traditional auctions where the winner is the individual with the lowest unique bid. Unique bid auction is a form of competition and strategy game where bidders pay a bidding fee to make a bid in order to be able to participate. Auction is ended when required number of bid is reached. In our model we hide only top n bids for give auction. It is making the game more attractive form strategy point of view and as well it gives better transparency. Our goal is to make the game enjoying and fair for all.
For example, a unique bid auction might run as follows:
In above scenario winner is player who bid 0.06. This player will receive a winning price.
Ali
I have found interesting BitCoin site. It allows users to bid for bitcoins or litecoins. Fair rules. Check it out. Link below:
http://ubidup.com
uBIDUP website allows users to bid for digital currencies based on unique auction mechanism. A lowest unique bid auction is a type of strategy game related to traditional auctions where the winner is the individual with the lowest unique bid. Unique bid auction is a form of competition and strategy game where bidders pay a bidding fee to make a bid in order to be able to participate. Auction is ended when required number of bid is reached. In our model we hide only top n bids for give auction. It is making the game more attractive form strategy point of view and as well it gives better transparency. Our goal is to make the game enjoying and fair for all.
For example, a unique bid auction might run as follows:
| Value | Number of bids | Comment |
| 0.01 | 35 | |
| 0.02 | 12 | |
| 0.03 | 4 | |
| 0.06 | 1 | Winner |
| 0.07 | 1 | |
| 0.08 | 0 | |
| 0.09 | 34 |
In above scenario winner is player who bid 0.06. This player will receive a winning price.
Ali
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