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AUCTION VENDING MACHINES ARE NOW OPERATIONAL

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• bcohen

  

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  @adam proxy bidding would take my bid and adjust to slightly over the current high bidder (Assuming i've bid greater than the current high bid)... and keep adjusting it as new bids are placed....until my highest bid is breached where the next highest bidder would..well be the highest bidder.

  This doesn't appear to be the case.

  Posted on August 11, 2014 at 3:35 PM
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• bcohen

  

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  eBay works on proxy bidding. they could explain it better than I ever could http://pages.ebay.com/help/buy/automatic-bidding.html

  Posted on August 11, 2014 at 3:37 PM
  Last Edited: August 11, 2014 at 3:39 PM
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• adam

  

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  @bcohen @adam proxy bidding would take my bid and adjust to slightly over the current high bidder (Assuming i've bid greater than the current high bid)... and keep adjusting it as new bids are placed....until my highest bid is breached where the next highest bidder would..well be the highest bidder.

  This doesn't appear to be the case.

  The spec was for stepped bidding, but it does indeed look like that changed. How do you want to proceed Brian, I'm fine if you don't redeem these sponsorship tokens tomorrow, we'll just go without for a week during the transition.

  Posted on August 11, 2014 at 3:39 PM
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• loon3

  

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  @adam awesome. is this an implementation of vennd's software?

  Posted on August 11, 2014 at 3:40 PM
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• adam

  

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  @loon3 @adam awesome. is this an implementation of vennd's software?

  No, we tried to work with them but they have too many things on their plate, we wound up rolling our own. @deweller was the guy on that project.

  Posted on August 11, 2014 at 3:43 PM
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• Rob

  

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  @adam

  @loon3 @adam awesome. is this an implementation of vennd's software?

  No, we tried to work with them but they have too many things on their plate, we wound up rolling our own. @deweller was the guy on that project.

  Cool to see so many amazing developers here!

  Posted on August 11, 2014 at 3:45 PM
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• bcohen

  

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  I'm a-o.k. with the current bids. :)

  sent you email.

  Cheers, BC

  Posted on August 11, 2014 at 3:45 PM
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• adam

  

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  @davos I'm not entirely sure I follow how the bounty works - is that an additional fee paid to the previous bidder?

  Are other shows using LTBcoin for advertising spots / will they be using their own sponsor tokens or would it be possible for sponsor tokens to be used across shows?

  If you auctioned a number of sponsor tokens which could be used on any show - even if LTB spots cost 2 tokens vs 1 for less trafficked shows - it would expand the network which is only good.

  We will be auctioning a different sponsor token for each LTBc show, but I can't stop bitcoins and gravy from accepting and LTBc sponsor token if they want to.

  Posted on August 11, 2014 at 3:57 PM
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• MikeJohnson

  

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  This is amazing. Love this tool!

  Posted on August 11, 2014 at 4:52 PM
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• Rob

  

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  @Adam

  1) I assume you'll be setting this up for the HOURCONSULT coin for this week? Or should I continue the manual auction?

  2) How about offering us the ability to automate our own private auctions in LTBc, using the platform that you and @deweller are perfecting? And, you take a percentage, or serve ads, or do something to make it worth your while?

  Posted on August 11, 2014 at 6:08 PM
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