Bitcoin Forum

Economy => Auctions => Topic started by: dchou on July 29, 2013, 09:27:44 PM



Title: 20 Shares - CoinHoarder Group Buy - 1 Day Auction
Post by: dchou on July 29, 2013, 09:27:44 PM
I am selling 20 of my shares in CoinHoarder's Avalon Group Buy.  The original thread can be referenced here: https://bitcointalk.org/index.php?topic=157930.0

Tracking info for the Avalons has been received by CH, and they are due to start hashing this week.

Each share represents approximately 1/723 of seven 4 module Avalons. 

If you assume that each 4 module Avalon can hash (overclocked) at 110 GHash, then we are talking 770 GHash in total (not guaranteed).  3 Module Avalons can currently do 85 GHash overclocked.

Each share would then equate to just over 1 GHash.

Starting bid is 1.2 BTC / Share.  Minimum bid is 5 shares (so as to minimize administrative work for CH).

Format will be

"5shares @ 1.2 BTC"

Auction Ends in 1 day.  Payment is due to me within 24 hours.  I will then post the share transfer acknowledgement to this forum.

Timer removed. End time: 2013-07-30+18:00:00EDT


Title: Re: 20 Shares - CoinHoarder Group Buy - 1 Day Auction
Post by: CoinHoarder on July 30, 2013, 03:57:45 AM
I can confirm Dchou does indeed have 20 shares to sell in the group buy.

Tracking info says the Avalons have made it into the USA.  :)


Title: Re: 20 Shares - CoinHoarder Group Buy - 1 Day Auction
Post by: dchou on July 30, 2013, 04:43:35 AM
A few more details.

Please bid in increments of .1 BTC.  (2.1, 2.2 etc).

Each bid will extend the auction by 15 mins.


Title: Re: 20 Shares - CoinHoarder Group Buy - 1 Day Auction
Post by: dethdeks on July 30, 2013, 04:53:33 AM
"Starting bid is 1.2 BTC / Share"


i may be miss understanding this but are each share (total of 5) up for bid like 1 person can have 1 share another have share and so on? or is the 1.2BTC = all 5 shares?


Title: Re: 20 Shares - CoinHoarder Group Buy - 1 Day Auction
Post by: dchou on July 30, 2013, 05:14:31 AM
Sorry I wasn't clear.

I'm asking that you are bidding on a minimum of 5 shares.

So 5 shares @ 1.2 BTC per share would be 6 BTC total.


Title: Re: 20 Shares - CoinHoarder Group Buy - 1 Day Auction
Post by: dogie on July 30, 2013, 05:30:14 AM
I may be interested, but not at this price. PM me.


Title: Re: 20 Shares - CoinHoarder Group Buy - 1 Day Auction
Post by: dethdeks on July 30, 2013, 05:39:52 AM
ah ok, thanks yah thats a bit steep specially if theres roughly 723 shares