Bitcoin Forum

This auction is for one of each of V0.1, V1, and V2 Serpcoins. You can bid per coin or for the three coin set. The high bidder will also receive the DIY1 and DIY2 in the pictures below. If there are other bidders for the second and third coins, they will receive one free DIY2 coin. The high bidder gets to pick which version of Serp coin they want. Please keep in mind that the DIY1 and DIY2 coins are not loaded. Shipping with tracking is included within the USA and for international. Insurance for international shipping is extra and will be at the actual cost. Escrow is available upon request and buyer pays any fees.

http://s19.postimg.org/r3hwjcsan/IMG_8772.jpg (http://postimg.org/image/r3hwjcsan/) http://s19.postimg.org/hli5jb6m7/IMG_8773.jpg (http://postimg.org/image/hli5jb6m7/) http://s19.postimg.org/qf920etkv/IMG_8774.jpg (http://postimg.org/image/qf920etkv/)

http://s19.postimg.org/5fsy8wrwf/IMG_8775.jpg (http://postimg.org/image/5fsy8wrwf/) http://s19.postimg.org/b2pb6duf3/IMG_8776.jpg (http://postimg.org/image/b2pb6duf3/)

Terms:
1. Starting bid is 0.1btc per coin.
2. Minimum bid increment is 0.01btc.
3. The bidding format is the number of coins you want at X price. For example, "3 @ 0.1btc" and not "0.3btc for all of them".
4. Auction ends at 10:00PM PST / 7PM EST on Thursday May 26.
5. No snipping, the final bid extends the auction by 5 minutes until there are no bids.
6. I reserve the right to disqualify bids from newbie accounts that look suspicious to me. 

Payment is due within 48 hours of auction ending. The only address for payment of this auction is 1CAhFccnpJgmmsNh75LwMyrmaEVZjAbKMc. Do not send payment until the auction is over and you are confirmed as the winner.

i'll start it off with
0.1BTC

1 @ 0.1BTC

Wait, what if I only want to V0.1? Should I bid like this:

V0.1 @ 0.11BTC

You have to be the high bidder to pick. The the second highest bidder and then the third. So, there is a risk if you only want V0.1.

That's... annoying, but let's see how it goes.

3 @ 0.12B

This is very brutal "auction."

May cause a bidding war where losers are obligated to pay a high price for less valued items.

Example:

Three cars are auctioned. A brand new very expensive Audi and two half-broken cheap Ladas.

Rules say that bids are for amount of cars and price you're willing to pay per car. Obviously everyone will bid for 1 car and the price they'd be willing to pay for the Audi. At some point during the auction you can't back away from it anymore as you *need* to win the Audi as otherwise you would overpay for the Lada. Think about possible the outcome. What if a bidding war occurs? I'd say the bids would go way higher than the value of Audi because the price to pay for losing would be bigger.

Hopefully I will get this right the third time (reported both posts):
3 @ 0.13BTC

Confirmed.

I did not realize that the v0.1 would be more collectible.    

Are there any objections from the current bidders if I change the rules to allow people to bid on individual coins?

I don't have any objections against that.

Me neither, although you would have to decide how you settle the goodies (DIY coins) in that case.

Okay, everyone can now bid on specific coins (V0.1 , V1 , or V2). I will keep the freebies attached to the high bidder of whichever coin gets the highest bid. I will still include a DIY2 for all winners but I only have the one DIY1. Good luck to everyone.

V0.1 @ 0.14 ;D

V0.1 @ 0.15   :-X

Although I would love to bid, I can't find myself jumping in.

First, I like to snipe auctions, so I would wait for the last seconds.  I still might since nothing says anything about time being extended.

The only issue I now see is the end time.
Title says "10PM PST / 7PM EST - one day!"

Just so we're clear, let's fix the end time.....
7PM EST = 4 PM PST
or
10PM PST = 1AM EST

I believe you mean....
10PM EST / 7PM PST

Goodness, yes you are right. PST and EST need to be switched. So, 7PM PST and 10PM EST. Five minutes extensions go by pretty quick and there is no time limit. So, there could be some serious bidding in the end. Good luck to anyone trying to find more of these. I had to go through the list of original buyers just to find this set.

V0.1 @ 0.16

V0.1@0.17

v.01 @ 0.18

v.01 @ 0.19

v.01 @ 0.2

v.01 @ 0.22

V1 @ 0.14
V2 @ 0.14
v.01 @ 0.23

V1 @ 0.15
V2 @ 0.15
v.01 @ 0.24

@OP is there anyway we can have the sniping period a lot longer? Like 3 hours instead of 5 minutes?

V1 @ 0.16BTC
V2 @ 0.16BTC
v.01 @ 0.25BTC

v1 @ 0.17BTC

V1 @ 0.18BTC
V2 @ 0.17BTC
v.01 @ 0.26BTC

v1 @ 0.19

v1 @ 0.20

V1 @ 0.25BTC
V2 @ 0.20BTC
v.01 @ 0.30BTC

V1 @ 0.26BTC
V2 @ 0.21BTC
v.01 @ 0.31BTC

v2 @ 0.22BTC

Just a quick reminder that there is just under three hours to go. There was a typo in the OP and the PST and EST are reversed. The auction ends at 10PM EST and 7PM PST.

V1 @ 0.28BTC
V2 @ 0.23BTC
v.01 @ 0.33BTC

V2 @ 0.24

V2 @ 0.25

heh

V2 @.26B

V2 @.27BTC

V2@ .28

V2@ 0.3BTC

Looks like it is over.

Congratulations, winning bids.

damn congrats greenplastic! You're lucky I was sleeping  ;D :P