The Bitcoin War

Avg Bid (USD)
Project Budget (USD)
$250 - $750

Project Description:
I am looking to have a website made in which people fight, using bitcoin, to control a website.

The initial bitcoin cost to control the website is 0.1 BTC, and when someone pays that amount, the cost goes up by 30%.
If someone wants to take control over the initial buyer, they pay the increased amount and the first buyer receives 125% of his initial 0.1BTC, a 25% profit.
Every subsequent cost is 30% higher than the previous one.
This continues until no one buys for 24 hours, at which point the cost resets to 0.1, OR until a random reset happens, which should be programmed to be a 2% chance per transaction.

The current controller of the website leaves a message along the top, typed in when they bought control.

A similar website exists, for reference:

Skills required:
Graphic Design, HTML, MySQL, PHP, Website Design
About the employer:
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