Another dollar auction

Based on the dollar auction on wikipedia.org and Moontide's thread

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Stop Wooton' Around
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Another dollar auction

Post by Stop Wooton' Around »

I am selling a dollar. The way it goes is that you bid for the dollar. The top two bidders have to pay me the amount the bidded but only the top bidder gets the dollar. This will end a week from now.

Example:
Billy bids $0.58 while
Sue bids $0.60

If the auction ends then both Billy and Sue have to pay me but only Sue gets the dollar.

Have questions??? Ask them here!
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Officer David Harley
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Post by Officer David Harley »

that makes no sense why would billy have to pay if Sue is the one who gets it?


Officer David Harley
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Stop Wooton' Around
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Post by Stop Wooton' Around »

That's the point you don't what to be the second last bidder. Go to http://en.wikipedia.org/wiki/Dollar_auction to understand better.
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Moontide
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Post by Moontide »

$0.01
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Galaxy X
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Post by Galaxy X »

$0.20
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Moontide
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Post by Moontide »

$0.21
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Galaxy X
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Post by Galaxy X »

$0.22
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Marvin D.
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Post by Marvin D. »

$0.23 cents!

That way WE get more money...lol ;)
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Galaxy X
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Post by Galaxy X »

$0.24!
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aiofan_19
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Post by aiofan_19 »

$0.25
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Galaxy X
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Post by Galaxy X »

$0.26
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Marvin D.
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Post by Marvin D. »

$0.26 *whistles*
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Post by Galaxy X »

$0.27
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Post by Marvin D. »

$0.28 cents....I love this....
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Post by Galaxy X »

$0.29....hehehe...
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Moontide
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Post by Moontide »

$0.30
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Marvin D.
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Post by Marvin D. »

$0.31 *sings*
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Post by Galaxy X »

$0.32
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Post by Marvin D. »

$0.33 cents!
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Trixie Belden
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Post by Trixie Belden »

$0.34

I guess I'll join this!
Last edited by Trixie Belden on Mon Apr 26, 2010 6:42 am, edited 1 time in total.
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