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Bidding Sysytem

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Barry

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Posts: 26

I really like the way LTB is auctioning advertisements. I also really like the way everyone is selling things and services in LTBC spend area on the forums. Maybe it would be possible in the future to integrate a simple bidding system into the website (emphasis on SIMPLE)?

Posted on July 11, 2014 at 3:43 PM

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• jshow5555

  

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  @barry I really like the way LTB is auctioning advertisements. I also really like the way everyone is selling things and services in LTBC spend area on the forums. Maybe it would be possible in the future to integrate a simple bidding system into the website (emphasis on SIMPLE)?

  Not a bad idea at all. Hope such a thing is not too complicated to code.

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

  

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  Posts: 1980
  Location: California, USA

  We will be integrating "Auction Vending Machines" that will have you send your high bid to an address, if you are outbid you will be refunded with a little profit (probably 1%) for your trouble.

  I believe that by making it profitable to bid and basing it on something as unstable time-wise as the blockchain, we'll have much better price discovery (and higher prices faster :))

  Posted on July 11, 2014 at 3:57 PM
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• Barry

  

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  @adam We will be integrating "Auction Vending Machines" that will have you send your high bid to an address, if you are outbid you will be refunded with a little profit (probably 1%) for your trouble.

  I believe that by making it profitable to bid and basing it on something as unstable time-wise as the blockchain, we'll have much better price discovery (and higher prices faster :))

  awesome!

  Posted on July 15, 2014 at 4:18 PM
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• MikeJohnson

  

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  Posts: 427

  This auction vending machine has me so stupidly excited.

  Posted on July 15, 2014 at 4:26 PM
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• belltown

  

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  Location: seattle

  This sounds super cool! Very exciting. Can't wait to see it an action.

  Posted on July 15, 2014 at 4:45 PM
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• Invullx

  

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  Posts: 281
  Location: Sydney, Australia

  @belltown This sounds super cool! Very exciting. Can't wait to see it an action.

  Is this set up now?

  Posted on October 14, 2014 at 10:21 PM
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• Invullx

  

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  Location: Sydney, Australia

  Oops how can I delete the previous post(because of bad connection)

  Posted on October 14, 2014 at 10:25 PM
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• bitsol

  

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  Posts: 496

  @invullx Oops how can I delete the previous post(because of bad connection)

  Ping a mod that has control over this board, I do not have control over this board
  Edit: Oops, just realized that post is old.

  Posted on November 25, 2014 at 2:03 PM
  Last Edited: November 25, 2014 at 2:04 PM
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