Every penny on that commercial you're talking about is actually a $1. It costs a $1 to bid one penny. So next time you watch it and they say... "hey, i got this laptop for only $48.02", or "hey, we got this 60" TV for only "66.58", they are actually saying the community of people paid $4802.00 for the laptop and $6658.00 for the TV. It's nothing but gambling. You keep sticking a dollar in the slot machine, but the machine reads one more penny for every dollar you put in.

I looked into this when i saw the commercial.

What matters to this thread: I'm a developer (nearly all aspects of development, including high performance web servers, networking, security research and consulting), with financial knowledge (stock markets, derivatives, quantum finance).

My area of interest in bitcoin is stock exchange and derivatives trading, and I'm working towards creating the first real bitcoin futures exchange.

However, it's a bit sad to see many one-day projects pop up here and there, which ruins people's believes, and makes it harder for more serious projects to gain attention ("look, yet another stock exchange developer"). Or when someone pops up and says "hey, here is the project which conquered the world" and shows some amateur half-made website. It's fine that it's amateur, nothing is perfect in the beginning, but just don't say that your project already conquered the world.