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Show HN: RichestOnTheWeb - my submission to Hacka2thon

richestontheweb.com

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Re: Show HN: RichestOnTheWeb - my submission to Hacka2thon

#41
post #17

Earlier quoted context omitted.

We are transparent about the fact that there is no tangible benefit to bidding.

If only the winner pays, it's just a silly game. But when the losers also pay, it becomes a genuinely abusive exploit of human irrationality which most people are not aware of. Please take it down. http://www.mediate.com/articles/noll1.cfm http://www.heretical.com/pound/dollarl.html http://www.pbs.org/wgbh/nova/body/mind-over-money.html

Except none of those are good analogies to what's going on here, where people aren't actually bidding on something of monetary value. I find it hard to buy your argument that this is in any way unethical.

Re: Show HN: RichestOnTheWeb - my submission to Hacka2thon

#42
First of all, congrats for polarizing crowds. :)

This can be a good way to increase your Twitter account visibility and hope to gain some followers through this site.

Right now, the bids are low but if this idea sustainable or not needs to be seen. You can hope to make it big if businesses find it a good way to advertise and promote products and product launches.

Re: Show HN: RichestOnTheWeb - my submission to Hacka2thon

#44
Some time ago I registered 100EuroTweets which I guess was kind of a similar idea: you would be able to send messages to that account by paying 100€. Presumably people would follow the account to see who would be crazy enough to pay, and in turn the tweets would actually get some exposure for their money.

I never got round to implementing it, because I wanted it to be fully automated (checking a bank account), which is slightly complicated in Germany.

Anyway, it was just a silly idea in the spirit of the Million Dollar Page, for fun - just like yours, I guess. I actually like your variant better, I wouldn't be surprised if it turns out to be quite successful.

Re: Show HN: RichestOnTheWeb - my submission to Hacka2thon

#46
post #17

Earlier quoted context omitted.

We are transparent about the fact that there is no tangible benefit to bidding.

If only the winner pays, it's just a silly game. But when the losers also pay, it becomes a genuinely abusive exploit of human irrationality which most people are not aware of. Please take it down. http://www.mediate.com/articles/noll1.cfm http://www.heretical.com/pound/dollarl.html http://www.pbs.org/wgbh/nova/body/mind-over-money.html

The losers are winners until another winner comes along.
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