Comments on: Ridiculously Profitable Business Model http://www.mattstockton.com/2009/01/27/ridiculously-profitable-business-model/ Rants and raves on software, technology, and whatever else I feel like! Fri, 13 Jan 2012 15:19:28 +0000 hourly 1 http://wordpress.org/?v=abc By: Lorinc Hever http://www.mattstockton.com/2009/01/27/ridiculously-profitable-business-model/comment-page-1/#comment-21 Lorinc Hever Sat, 07 Feb 2009 04:02:15 +0000 http://www.mattstockton.com/?p=79#comment-21 BTW the auction wasn't MacBook Pro, it was just a MacBook :) If still want a MacBook Pro and you are ok with the old design there are some sweeps of the old MBPs for $1450. At least that was the cheapest what I found. BTW the auction wasn’t MacBook Pro, it was just a MacBook :) If still want a MacBook Pro and you are ok with the old design there are some sweeps of the old MBPs for $1450. At least that was the cheapest what I found.

]]> By: Lorinc Hever http://www.mattstockton.com/2009/01/27/ridiculously-profitable-business-model/comment-page-1/#comment-19 Lorinc Hever Sat, 07 Feb 2009 03:33:53 +0000 http://www.mattstockton.com/?p=79#comment-19 This might has some extra ideas, I ve read it long ago though. http://books.google.com/books?hl=en&id=kqQjX-S1idsC&dq=Moral+Calculations+:+Game+Theory,+Logic+and+Human+Frailty&printsec=frontcover&source=web&ots=VU0dOp_wwP&sig=Squ6d_5VCwDmezpYBy_7Pc8dM-4&ei=9f-MSfCYNce_tgfPhPSHCw&sa=X&oi=book_result&resnum=3&ct=result#PPA73,M1 This might has some extra ideas, I ve read it long ago though.

http://books.google.com/books?hl=en&id=kqQjX-S1idsC&dq=Moral+Calculations+:+Game+Theory,+Logic+and+Human+Frailty&printsec=frontcover&source=web&ots=VU0dOp_wwP&sig=Squ6d_5VCwDmezpYBy_7Pc8dM-4&ei=9f-MSfCYNce_tgfPhPSHCw&sa=X&oi=book_result&resnum=3&ct=result#PPA73,M1

]]> By: Luke http://www.mattstockton.com/2009/01/27/ridiculously-profitable-business-model/comment-page-1/#comment-18 Luke Fri, 06 Feb 2009 19:12:39 +0000 http://www.mattstockton.com/?p=79#comment-18 Also, Freakonomics & Marginal Revolution references...less technical but similar questions, i.e. is it gambling? Many comments seem to indicate that it is, and is limited to certain states that allow gambling. http://freakonomics.blogs.nytimes.com/2008/12/16/an-all-pay-auction/?scp=1&sq=swoopo&st=cse http://www.marginalrevolution.com/marginalrevolution/2008/12/profitable-unti.html Also,

Freakonomics & Marginal Revolution references…less technical but similar questions, i.e. is it gambling? Many comments seem to indicate that it is, and is limited to certain states that allow gambling.

http://freakonomics.blogs.nytimes.com/2008/12/16/an-all-pay-auction/?scp=1&sq=swoopo&st=cse

http://www.marginalrevolution.com/marginalrevolution/2008/12/profitable-unti.html

]]> By: Luke http://www.mattstockton.com/2009/01/27/ridiculously-profitable-business-model/comment-page-1/#comment-17 Luke Fri, 06 Feb 2009 18:58:03 +0000 http://www.mattstockton.com/?p=79#comment-17 A quick check and zwoopo.com is still available. Let's code it this weekend and make $100k next week. A quick check and zwoopo.com is still available. Let’s code it this weekend and make $100k next week.

]]> By: Scott http://www.mattstockton.com/2009/01/27/ridiculously-profitable-business-model/comment-page-1/#comment-7 Scott Wed, 28 Jan 2009 06:01:30 +0000 http://www.mattstockton.com/?p=79#comment-7 I think it should be illegal. At this level of uncertainty it should be considered gambling. I don't care if me winning the auction is a result of other real people bidding or not—at this scale, it's virtually the same as random, like pulling the crank on a slot machine. Yes, there are strategies that increase your chances of winning, but there are stategies for winning black jack too. I think it should be illegal. At this level of uncertainty it should be considered gambling. I don’t care if me winning the auction is a result of other real people bidding or not—at this scale, it’s virtually the same as random, like pulling the crank on a slot machine. Yes, there are strategies that increase your chances of winning, but there are stategies for winning black jack too.

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