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0 sats \ 0 replies \ @nikotsla 22 Mar \ on: What is your experience with Rigly? bitcoin_Mining
First time user here, to test a little. My main concern... When you use the "proxy" bid, you are sharing information to auction provider, how could we be sure there is no manipulation?
Example:
- Actual price 5k
- Bet 20k sats proxy (rise up to 20k the bid)
- Auction provider knowing this info, bet all the way up to 20k
- For sure I was expected to spend 20k, but the "idea" is to get it for cheap
It's how auction works, that for sure, just my 2cents.