Bitcoin Forum

Economy => Auctions => Topic started by: Anduck on March 15, 2016, 11:18:36 PM



Title: [Auction] Casascius 2013 Brass Half MS-64 - Starts @ 0.5 BTC [FAST]
Post by: Anduck on March 15, 2016, 11:18:36 PM
The coin was ANACS-graded and will be shipping from Blazed (USA).

Starting Bid: 0.5 BTC

Bidding Increments: .01 BTC

Auction Ends: 3/17/2016 @ 6:00 PM EST http://www.timeanddate.com/time/zones/est

Snipping: Bids in the final 10 minutes extend the bidding time by 10 minutes (maximum of 10 minutes total after latest bid)

Forum Downtime: If we go down I will announce if we add more time or not

Shipping: Paid for by winner. Ships from USA.

Pics:

https://imgur.com/a/H7Wzv

https://i.imgur.com/YqHLFEJ.jpg?1 https://i.imgur.com/4riE4W7.jpg?1


Title: Re: [Auction] Casascius 2013 Brass Half MS-64 - Starts @ 0.5 BTC [FAST]
Post by: Blazed on March 15, 2016, 11:19:17 PM
.55BTC


Title: Re: [Auction] Casascius 2013 Brass Half MS-64 - Starts @ 0.5 BTC [FAST]
Post by: wheelz1200 on March 15, 2016, 11:40:01 PM
.60BTC


Title: Re: [Auction] Casascius 2013 Brass Half MS-64 - Starts @ 0.5 BTC [FAST]
Post by: M4cca on March 15, 2016, 11:41:33 PM
0.61BTC


Title: Re: [Auction] Casascius 2013 Brass Half MS-64 - Starts @ 0.5 BTC [FAST]
Post by: str4wm4n on March 15, 2016, 11:44:49 PM
BTC0.65


Title: Re: [Auction] Casascius 2013 Brass Half MS-64 - Starts @ 0.5 BTC [FAST]
Post by: IBGigglin on March 16, 2016, 12:17:03 AM
.66BTC

...crack it and send for regrading  ::)


Title: Re: [Auction] Casascius 2013 Brass Half MS-64 - Starts @ 0.5 BTC [FAST]
Post by: astrocity1981 on March 16, 2016, 05:26:57 AM
.67BTC


Title: Re: [Auction] Casascius 2013 Brass Half MS-64 - Starts @ 0.5 BTC [FAST]
Post by: str4wm4n on March 17, 2016, 09:50:18 PM
BTC0.68


Title: Re: [Auction] Casascius 2013 Brass Half MS-64 - Starts @ 0.5 BTC [FAST]
Post by: TheNewAnon135246 on March 17, 2016, 09:59:17 PM
0.69


Title: Re: [Auction] Casascius 2013 Brass Half MS-64 - Starts @ 0.5 BTC [FAST]
Post by: str4wm4n on March 17, 2016, 10:10:00 PM
.7


Title: Re: [Auction] Casascius 2013 Brass Half MS-64 - Starts @ 0.5 BTC [FAST]
Post by: TheNewAnon135246 on March 17, 2016, 10:19:16 PM
.71


Title: Re: [Auction] Casascius 2013 Brass Half MS-64 - Starts @ 0.5 BTC [FAST]
Post by: TheNewAnon135246 on March 17, 2016, 10:22:53 PM
@OP, did I win the auction with my 0.69 bid? Did str4wm4n should've placed his bet on 10:09:59 PM (forum time) instead of 10:10:00 PM (which is the start of the 11th minute).

Maybe I'm just misreading the rules ;D.


Title: Re: [Auction] Casascius 2013 Brass Half MS-64 - Starts @ 0.5 BTC [FAST]
Post by: Anduck on March 17, 2016, 10:47:13 PM
@OP, did I win the auction with my 0.69 bid? Did str4wm4n should've placed his bet on 10:09:59 PM (forum time) instead of 10:10:00 PM (which is the start of the 11th minute).

Maybe I'm just misreading the rules ;D.

It is not 6PM yet.


Title: Re: [Auction] Casascius 2013 Brass Half MS-64 - Starts @ 0.5 BTC [FAST]
Post by: Anduck on March 17, 2016, 10:48:23 PM
12 minutes bidding time left. best bid currently 0.71 BTC.


Title: Re: [Auction] Casascius 2013 Brass Half MS-64 - Starts @ 0.5 BTC [FAST]
Post by: Anduck on March 17, 2016, 10:59:17 PM
Meh. Self-bidding 0.72


Title: Re: [Auction] Casascius 2013 Brass Half MS-64 - Starts @ 0.5 BTC [FAST]
Post by: wheelz1200 on March 17, 2016, 11:03:01 PM
Meh. Self-bidding 0.72

????


Title: Re: [Auction] Casascius 2013 Brass Half MS-64 - Starts @ 0.5 BTC [FAST]
Post by: Anduck on March 17, 2016, 11:03:38 PM

Means that I bid the coin 0.72 BTC. (Willing to buy it myself.)


Title: Re: [Auction] Casascius 2013 Brass Half MS-64 - Starts @ 0.5 BTC [FAST]
Post by: wheelz1200 on March 17, 2016, 11:05:42 PM
why not set a reserve or a higher starting price.  and its past 7pm est right now.  just reading through and trying to figure this one out.


Title: Re: [Auction] Casascius 2013 Brass Half MS-64 - Starts @ 0.5 BTC [FAST]
Post by: Anduck on March 17, 2016, 11:07:35 PM
why not set a reserve or a higher starting price.  and its past 7pm est right now.  just reading through and trying to figure this one out.

Yeah, I should've set a higher starting price or reserve. The auction time was extended by 10 minutes as the auction rules say, so the auction ends in about 2-3 minutes.


Title: Re: [Auction] Casascius 2013 Brass Half MS-64 - Starts @ 0.5 BTC [FAST]
Post by: wheelz1200 on March 17, 2016, 11:20:57 PM
makes sense. gl with your eventual sale.  might need another in a couple months so if it doesnt sell i will keep you in mind


Title: Re: [Auction] Casascius 2013 Brass Half MS-64 - Starts @ 0.5 BTC [FAST]
Post by: TheNewAnon135246 on March 18, 2016, 06:55:01 AM
@OP, did I win the auction with my 0.69 bid? Did str4wm4n should've placed his bet on 10:09:59 PM (forum time) instead of 10:10:00 PM (which is the start of the 11th minute).

Maybe I'm just misreading the rules ;D.

It is not 6PM yet.

http://www.worldtimebuddy.com/est-to-gmt-converter

6PM EST equals 10PM GMT (forum time). I think the confusion here is that EDT is in effect.


Title: Re: [Auction] Casascius 2013 Brass Half MS-64 - Starts @ 0.5 BTC [FAST]
Post by: str4wm4n on March 18, 2016, 11:52:11 AM
@OP, did I win the auction with my 0.69 bid? Did str4wm4n should've placed his bet on 10:09:59 PM (forum time) instead of 10:10:00 PM (which is the start of the 11th minute).

Maybe I'm just misreading the rules ;D.

It is not 6PM yet.

http://www.worldtimebuddy.com/est-to-gmt-converter

6PM EST equals 10PM GMT (forum time). I think the confusion here is that EDT is in effect.


yea I live in EST and it was definitely right before 6pm when I was bidding


Title: Re: [Auction] Casascius 2013 Brass Half MS-64 - Starts @ 0.5 BTC [FAST]
Post by: Anduck on March 18, 2016, 12:18:05 PM
According to http://www.timeanddate.com/time/zones/est 6PM in EST was 11PM in forum time.


Title: Re: [Auction] Casascius 2013 Brass Half MS-64 - Starts @ 0.5 BTC [FAST]
Post by: Lutpin on March 18, 2016, 12:25:14 PM
http://www.worldtimebuddy.com/est-to-gmt-converter
6PM EST equals 10PM GMT (forum time). I think the confusion here is that EDT is in effect.
worldtimebuddy.com tells me it "auto-corrected" EST to EDT.

http://s6.postimg.org/aiyccuhvl/corrected.png

EST has an UTC offset of -0500 (EDT has -0400).
6PM EST equals to 11PM UTC (which equals to the same time in GMT).


Title: Re: [Auction] Casascius 2013 Brass Half MS-64 - Starts @ 0.5 BTC [FAST]
Post by: TheNewAnon135246 on March 18, 2016, 12:49:30 PM
http://www.worldtimebuddy.com/est-to-gmt-converter
6PM EST equals 10PM GMT (forum time). I think the confusion here is that EDT is in effect.
worldtimebuddy.com tells me it "auto-corrected" EST to EDT.

http://s6.postimg.org/aiyccuhvl/corrected.png

EST has an UTC offset of -0500 (EDT has -0400).
6PM EST equals to 11PM UTC (which equals to the same time in GMT).

That's because EDT is in effect, adding an hour to the EST timezone (starting on March 12th).

https://en.wikipedia.org/wiki/Eastern_Time_Zone

Technically the auction should've ended on 10pm GMT. It's weird to ignore daylight savings time while it is being used in the EST time zone. I don't want to start an argument here so I guess I'll wait for the next auction  :-\


Title: Re: [Auction] Casascius 2013 Brass Half MS-64 - Starts @ 0.5 BTC [FAST]
Post by: Lutpin on March 18, 2016, 12:55:16 PM
That's because EDT is in effect, adding an hour to the EST timezone (starting on March 12th).
That's if you're asuming that EST and EDT are the same timezone, which they are not.
EST is still at the same UTC offset (-0500), EDT is also at the same (-0400).
Those places that switch to EDT in sommer change their timezone, but EST doesn't change it's offset.


Title: Re: [Auction] Casascius 2013 Brass Half MS-64 - Starts @ 0.5 BTC [FAST]
Post by: Lairew on March 19, 2016, 12:27:55 PM
Meh. Self-bidding 0.72

Unfair

Why did you start an auction if you can't accept low offers?
You should accept the last offer (TheNewAnon135246 = 0.71BTC)


Title: Re: [Auction] Casascius 2013 Brass Half MS-64 - Starts @ 0.5 BTC [FAST]
Post by: acharias on March 19, 2016, 03:42:42 PM
Meh. Self-bidding 0.72

Unfair

Why did you start an auction if you can't accept low offers?
You should accept the last offer (TheNewAnon135246 = 0.71BTC)


I agree. What's the point of an auction when you bid on it yourself?


Title: Re: [Auction] Casascius 2013 Brass Half MS-64 - Starts @ 0.5 BTC [FAST]
Post by: Lincoln6Echo on March 19, 2016, 04:13:00 PM
Meh. Self-bidding 0.72

Unfair

Why did you start an auction if you can't accept low offers?
You should accept the last offer (TheNewAnon135246 = 0.71BTC)


I agree. What's the point of an auction when you bid on it yourself?

Instead of self bidding he could have set a reasonable starting bid. Don't know why everyone sets the face value as starting bid...


Title: Re: [Auction] Casascius 2013 Brass Half MS-64 - Starts @ 0.5 BTC [FAST]
Post by: wakhidNkcom on March 19, 2016, 04:14:33 PM
Meh. Self-bidding 0.72

Unfair

Why did you start an auction if you can't accept low offers?
You should accept the last offer (TheNewAnon135246 = 0.71BTC)


I agree. What's the point of an auction when you bid on it yourself?

Instead of self bidding he could have set a reasonable starting bid. Don't know why everyone sets the face value as starting bid...

So is it sold now
?


Title: Re: [Auction] Casascius 2013 Brass Half MS-64 - Starts @ 0.5 BTC [FAST]
Post by: Anduck on March 19, 2016, 04:20:21 PM
So is it sold now
?

No. Accepting offers in PM, though.

Regarding self bidding: There are various ways to do auctions. The auctioner can bid on the item he's auctioning and it is not unfair (at least IMO.)


Title: Re: [Auction] Casascius 2013 Brass Half MS-64 - Starts @ 0.5 BTC [FAST]
Post by: minerjones on March 19, 2016, 05:05:08 PM
So is it sold now
?

No. Accepting offers in PM, though.

Regarding self bidding: There are various ways to do auctions. The auctioner can bid on the item he's auctioning and it is not unfair (at least IMO.)

Then why even bother having an auction?
I can sell myself my own coins all day long...


Title: Re: [Auction] Casascius 2013 Brass Half MS-64 - Starts @ 0.5 BTC [FAST]
Post by: TheNewAnon135246 on March 19, 2016, 05:33:27 PM
So is it sold now
?

No. Accepting offers in PM, though.

Regarding self bidding: There are various ways to do auctions. The auctioner can bid on the item he's auctioning and it is not unfair (at least IMO.)

Then why even bother having an auction?
I can sell myself my own coins all day long...

¯\_(ツ)_/¯