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I would have thought that if they promised to return all non-winning bids to the sending or change address, they'd get a lot more bids?

• arkadiyt 10y ago
  They'd have no reason to honor that promise anyway, and a bidder should have no expectation that they would.
  • caf 10y ago
    That depends on whether this is an iterated game or not. (They could return the previous high bidder's bid at the point where they are outbid, could they not?).
  • ajdlinux 10y ago
    Finally, something Ethereum might be useful for!