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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

#33

Post by dylangs1030 »

I don't mean to be critical, but your idea doesn't have any real point. It isn't selling a service or a product, which is a requirement of a startup company, especially in technology sectors. So I'm not saying it has no point, but what do you intend to do with the website? Where is it going?

Re: Show HN: RichestOnTheWeb - my submission to Hacka2thon

#34

Post by hendzen »

dylangs1030 wrote: post #33

I don't mean to be critical, but your idea doesn't have any real point. It isn't selling a service or a product, which is a requirement of a startup company, especially in technology sectors. So I'm not saying it has no point, but what do you intend to do with the website? Where is it going?

I didn't make this site, but this is something whipped up for a hackathon, not a real attempt at a company.

Re: Show HN: RichestOnTheWeb - my submission to Hacka2thon

#35

Post by alsocasey »

latch wrote: post #18
rjvir wrote: post #14

Earlier quoted context omitted.

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.

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.

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).

Re: Show HN: RichestOnTheWeb - my submission to Hacka2thon

#36

Post by run4yourlives »

LVB wrote: post #27

To those of you who are just dying to type your credit card information into a website right now, I'd like to suggest http://www.kiva.org instead.

pfft... Kiva doesn't tell me I'm rich! For only a buck and a quarter, I can get my name on the site!

Re: Show HN: RichestOnTheWeb - my submission to Hacka2thon

#37

Post by drivebyacct2 »

prodigal_erik wrote: post #21
rjvir wrote: 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

Lots of huge businesses are based on irrationality. Cigarettes, gambling, etc. A fool and their money are easily parted.

Re: Show HN: RichestOnTheWeb - my submission to Hacka2thon

#39

Post by scrod »

drivebyacct2 wrote: post #37
prodigal_erik wrote: post #21

Earlier quoted context omitted.

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

Lots of huge businesses are based on irrationality. Cigarettes, gambling, etc. A fool and their money are easily parted.

And those businesses are accordingly regulated by society. But good luck trying to foster that winner-takes-all free-market world of yours. I'm sure it'll be a real blast.
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