Bitcoin Forum

Economy => Auctions => Topic started by: Cryptology on June 13, 2014, 11:02:29 PM



Title: [AUCTION][BTC:PAYPALEUR]
Post by: Cryptology on June 13, 2014, 11:02:29 PM
This post is an advertising of a global auction for 100 units of mBTC:PAYPALEUR
Details of the contract can be found in eBay's post.
Base price is 0.99Eur.

http://cgi.ebay.it/ws/eBayISAPI.dll?ViewItem&item=121363179174


Title: Re: [AUCTION][BTC:PAYPALEUR]
Post by: monbux on June 14, 2014, 10:37:26 PM
This post is an advertising of a global auction for 100 units of mBTC:PAYPALEUR
Details of the contract can be found in eBay's post.
Base price is 0.99Eur.

http://cgi.ebay.it/ws/eBayISAPI.dll?ViewItem&item=121363179174

Wait - so you're selling 0.1 BTC for only 0.99 euro?  IMO the auction won't go anywhere near the current price of bitcoin, so you're basically just making a loss... or are you planning to run away with 1 dollar? ???


Title: Re: [AUCTION][BTC:PAYPALEUR]
Post by: Cryptology on June 15, 2014, 04:44:08 AM
This post is an advertising of a global auction for 100 units of mBTC:PAYPALEUR
Details of the contract can be found in eBay's post.
Base price is 0.99Eur.

http://cgi.ebay.it/ws/eBayISAPI.dll?ViewItem&item=121363179174

Wait - so you're selling 0.1 BTC for only 0.99 euro?  IMO the auction won't go anywhere near the current price of bitcoin, so you're basically just making a loss... or are you planning to run away with 1 dollar? ???

0.99 euro is the starting price and should no additional bidder show up then yes, 100mBTC will go for that price. No catch nor scam.
I do expect some more bidding but if that doesn't happen I will certainly not run away with my fortune of 0.99 Euros! :D

This is a legit experiment in applied crypto finance so feel free to bid.