Show HN: RichestOnTheWeb - my submission to Hacka2thon

Re:Show HN: RichestOnTheWeb - my submission to Hacka2thon by latch on Saturday November 12, 2011 @10:38PM (#3229795)

If I understand it, it's a pretty horrible idea. For a lot of reasons. But, the most obvious, is how easy it'll be for you to game it. When someone makes a bid, you can simply outbid them but not actually pay any money.

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Re:Show HN: RichestOnTheWeb - my submission to Hacka2thon by rjvir on Saturday November 12, 2011 @11:13PM (#3229882)

I see your concern, but we haven't done this yet - we have no reason to. There is no actual reward for being the "richest", we could care less as to who claims the title.

If we ever auto-outbid people, they would find out right away, and wouldn't return to the site.

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Re:Show HN: RichestOnTheWeb - my submission to Hacka2thon by latch on Saturday November 12, 2011 @11:19PM (#3229894)

  we could care less as to who claims the title

http://en.wikipedia.org/wiki/Auction#Chandelier_bidding

Also, how would people find out? You just need to "be smart" about it. Don't always use the same username, change how long you wait.

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Re:Show HN: RichestOnTheWeb - my submission to Hacka2thon by alsocasey on Sunday November 13, 2011 @12:35AM (#3230076)

Anonymous submissions are allowed... so it could be you hit the nail on the head and they are doing this right now (and simply publicly denying for obvious reasons).

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