Bitcoin Forum

For auction is 10 shares in Coinhorders Avalon#3 group buy.

Bidding starts at x 1.9

Auction ends Thursday, midnight
Timer removed. End time: 2013-05-17+00:00:00EST


------- Copyed from another auction post, Thanks oaxaca ----
Group buy information:
Original Thread: https://bitcointalk.org/index.php?topic=157930.0
Group Forums: http://yourcoins.org/forums/index.php?forums/avalon-group-buy.2/
Each investor owns a percentage of each of the seven 4 Module ASICs that were ordered.
Monthly dividends will be pad out to each investor according to their ownership percentage.
Dividends will be paid after electricity costs, any pool fee (yet to be determined), and 3% hosting fee are taken out.
Total BTC invested in the group buy: 722.7025 BTC
595 Gh total from all Seven Avalons

https://www.dropbox.com/s/7b7omfd7hrbk9gs/Ownership%20Percentages%20%26%20Profit%20Projections.xls

In Line 62 that are you, with another btc adress comparing to your signature - but doesen't matter.

So you own 1,72961903% and paid 12,5 BTC.
That means you own 10291,2332285 MHash (without 3% fee and another (maybe 1-2% for the elctr.)

Is 1 share in this auction like 1,7../10 ? or do you hold something and you mean 1 share is 1,7.../12,5?

will there a confirmation from the group leader that after the auctions other people hold your shares?

Yes, I have roughly the equivalent of 10gh/s part of a Avalon. I am only selling 10 of my shares in this group buy.
For 1.9 BTC to me, I will then transfer the 1 btc share of the Avalon to buyer; you will get payouts when Avalons are received, etc. Here is the last auction thread I saw. https://bitcointalk.org/index.php?topic=194434.0

I am sure Coinhorder will stop by here sooner or later, he is very active here. But ether way, Yes after the auction I will post in the group buy forums for Coinhorder and he will update his records.

Yes, I have been monitoring auction threads keep track of share transfers. Please do all bidding and payment information in this thread. I am using the block chain to settle any disputes, so by keeping all transactions for shares public, I am protecting both the buyer and the seller. Only use an address you can sign with.  :)

There he is! So happy I bought into this group buy. My most recent projections even with all the new products is about 2.5 BTC per share over the course of the first 6 months. This is assuming a conservative delivery time of 6 weeks (it will obv be more if we get it sooner).

so everybody ready to rumble  ;)

10@1.9

do you sell also a lower amount of share, or is the bid only for 10?

for the first option:
1@1,91

otherwise:
I'm out

Coinhoarder has been great allowing transfer of shares down to the 1 BTC-share. I'll let rm187 let you know, but I imagine that's fine. I also feel like the OP should set a minimum bid increase. Although I do love 0.01 bidding wars.

Yup! This is a auction! Minimum is 1btc share, bid increase is 0.01
Highest price gets the share; regardless of quantity.


***Current Winning Bids***
1 @ 1.91 - vanycon
9 @ 1.90 - fhh

3 at 1.91

Winners PMed!
3 @ 1.91 - statdude = 5.73 btc
1 @ 1.91 - vanycon = 1.91 btc
6 @ 1.90 - fhh = 11.4 btc

I will send the 1,91 BTC via. 1C41RRjJStSrzVAX4qLta3e8DiTebii5w3

I think it will be this day later, because I have to send the BTC from my online wallet first to this offline wallet

I will edit and add the transaction code then

Transaction done:
https://blockchain.info/tx/499a69a38b8ef3c23db535e953782edef5e3776d1bd36749a43ed3bb25115d7d

Ccan someone confirm what coinhoarder means by "signable" message? from google it seems I'd need to use the QT Client - can I just do this from Blockchain.info wallet?

this picture shows it with a OS-client http://imgur.com/a/nUmZ0

I think the blockchain-wallet can't do this, cause its a online wallet, and not your own wallet - using offline wallet protect you and the seller, cause u can verify with a msg. that the adress/wallet is in your hands an not in the hand of a 2nd or 3rd party

paid: ef4f040f7fcd23eeabec017da921ccd2a10ce262382f8950e864d609b5e5aa52

Paid 46dbbfb023b3e4210bae3471c282d5adbb97ce8a878747b64c

Thanks Van. I sent from the client so I guess I can sign if needed. Also imported as a view only wallet to blockchain and encrypted. Anything else recommended let me know.

I posted the transfer request, thanks everyone!

http://www.yourcoins.org/forums/index.php?threads/share-transfer-thread.4/page-3#post-576

Share transfers for this auction will be done on Monday.

My weekend is quite busy.. I'm about to fly out to the Bitcoin conference.

Thanks for understanding,

Ch

saw it thanks, but I dont know the 15NYw1bfJn1A5uVLVWBXREkUMefg87h5Cf adress
My wallet represents only 1C41RRjJStSrzVAX4qLta3e8DiTebii5w3 - I can verify this with my client if you want to

Sorry about that, must have grabbed a change address by mistake. I have updated that post

Is this auction still going?

nope it ended already

Sorry for being late, all share transfers have been completed as per rm187's post on our forums.

Updated group docs:

Share Transfer Ledger:
https://www.dropbox.com/s/m25ohqwmzjzhiuz/Share%20Transfer%20Ledger.xlsx

Ownership Percentages/Profit Projections:
https://www.dropbox.com/s/i4y39igtaq722pd/Avalon Group Buy Investment Transactions.xlsx