Bitcoin Forum

Description:

Lot of 10 Direct AsicMiner Shares (No Passthrough Shares, the real ones. Directly receiving dividends from friedcat.)
I am selling the 10 shares as a lot and will not break them up.

Proof of Ownership:
10 shares at
Address:

Message:

Signature:

Starting bid:

0.05BTC per one Share, so 0.5BTC for the Lot of 10.

Minimum increment per bid is: 0.01BTC
Minimum amount of shares to bid on is: Lot of 10 Shares

Bids are binding.

Buy it now:

N/A

End date and time:

Monday, 30 June 2014 at 21:30 UTC (24Hour-System)

Payment methods accepted:

Bitcoin only.

Additional information:

I prefer that users that want to stay anonymous create a new forum account to bid rather than sending me a PM since PM's are hidden to the other bidders and its not a transparent bidding.
So please go the new account route for bidding.

After the auction:

If the shares are paid i will contact friedcat and he will move the shares to the new owner.  Friedcat is doing this every so often now.  In order to not having the bidders lose the dividends I will give them the dividends if divs are happening between the payment of bought shares and friedcat moving the shares to the new owners bitcoin address.

Good luck and happy bidding!

(Thanks to SebastianJu for the auction template)

10@.05BTC

10@.06000001

10@0.1

10@0.11 btc per share

10@0.12

10@0.13

no escrow?

With the speed that friedcat has been doing transfers, I'd rather not have the coins locked up for that unknown amount of time.  I'm willing to give my personal details to the winning bidder.

I widrow my bid. Escrow is mandatory and I presumed it is standard. I strongly advice anyone to give money to strangers on forums (and to strangers in general) based on promises. Good luck with your auction.

By the way, your details are irelevant to someone that for a $1000 transaction have to spend $2000 on a flight so he can sue you and wait a year for the case to finalize.

Why bid before making sure of the details?  ???

10@ .14

> End date 30 June

watching  :-\

10@0.19 if you get us an escrow that you would pay yourself. Someone KNOWN please not a joe bitcent smith.

I was sure of the details. In the Auctions - Guidelines and Tips! it is clearly stated:


I admit it's not a rule but it's a guide and I was preety shure that if we are in auctions we both respect it and if not it's your responsability to state all your terms, especially that you don't accept escrow. I have done many trades in here and escrow was by default but you are right also, I should have asked first.

I already stated why there will be no escrow for this auction.  If you do not agree with this, please do not tender a bid.

Thanks!

Fine, your bid is invalid.  You bid outside of the rules (bidding with clauses  ??? ???). 

Let's resume the bidding at:

You could use escrow up to the point where you sent an email to friedcat (putting buyer and escrow in cc) explicitly stating that the deal is irreversible. That way you dont have to wait weeks for your coin, and the buyer at least has some security.

I would definitely be up for this type, thanks very much for the suggestion.  I quickly thought of something along these lines but didn't think people would be interested.

I've done transfers in this way with the seller signing the pm with the am share public address. Fc has always honored the transfer.

10@0.15

Did you notice mine at 10@1.19?

Apparently your bid was invalid because you requested escrow. Ridiculous but seller seems to want the funds direct

You actually plan on bidding?
https://bitcointalk.org/index.php?action=trust;u=175989

Got a nice neg feedback there for backing out of purchasing AM shares in an auction before

It's not ridiculous when you think about it.  I'm selling a long-term investment because I need emergency funds now (I wasn't planning on selling these for a good while).  I need the coins now and the AM auction bidder is looking for a longer-term investment in direct AM shares.  Why would I lock the coins up for an undecided amount of time, when I need them?  The shares are meant to be a longer-term investment, so it's not too much of a worry if friedcat doesn't transfer then right away, you would still be getting the dividends in the meantime sent over anyway.

Also, lophie just assumed the seller would pay for an escrow service... that he wants to use?  How would that ever make sense?  ???  I only invalidated his bid because he made the bid with stipulations that aren't applicable to this auction.

WillBTC, I see you have negative feedback regarding direct AM share auctions.  Please do not bid unless you are making a 100% commitment to purchase if you are the winner.


I am up for using an escrow based on e-mail to friedcat being the action that releases the escrow funds, like mentioned earlier in this thread.  I will see if SebastianJu will foster this type of escrow, since I blatantly stole his auction template.  ;D

Lol you're a good man, ill be back towards the end of the auction to place a bid dependent on how it's going by that stage

So... am I still leading with 10@ .14? This is starting to be confusing.

I'm assuming lophie is in the lead with 10@0.19 pending acceptance of escrows conditions to the auction. I'm kinda confused too. I'm sure op will clarify and Sebastian will post in the thread once he's contacted with certain terms

It is okay if he will invalid my bid because I already have a seller for a 100 shares that would use if not insist on SebastianJu as escrow.

Sorry，I don't see you bids. And by the way, my offer is only valid when the escrow is accepted.

Wait 1 week and they will probably be cheaper to obtain from Havelock.  You guys are bidding .19 (same as Havelock) why take the risk and not just buy directly?

I don't know about them but I just got a hundred shares. There is no way to get them cheaper because of no selling volume and there is no way to sell them higher because of  no buying volume.

This is why everyone buying or selling big is avoiding Havelock. There were suggestions of merging AM1 and AM100 for a better trading activity, I am very in favor of this.

SebastianJu replied that he can foster the escrow, even though it's outside of his normal method.  He states the buyer still may retain some risk due to the fact that I could send a second e-mail to friedcat attempting to cancel the share transfer.

Here are the conditions of the escrow for this auction:

After the auction:

• Winning bidder sends coins to escrow SebastianJu upon verified auction win.

Then, upon receipt of the coins by the escrow, SebastianJu:

• Seller (me) sends a signed e-mail requesting share transfer to friedcat, the auction winner, and the escrow (SebastianJu).

If you can't agree with these terms, please do not bid.

Let's resume the bidding at:


Since, I am offering escrow, it seems willBTC would like to keep his bid.

Just to be 100% clear, the coins from the escrow will be released upon receipt of share transfer e-mail.  Once again if you do not agree, please stay on the sidelines, that's all I ask.

clear

I received a private messaging asking whether I meant if the coins will be sent upon receipt of me sending the share transfer message, or upon friedcat's response.

Like previously discussed, the escrow will be released when I send the share transfer message to friedcat, SebastianJu (escrow), and the winner.

Thanks!

no，it's still high risk for the buyer. The bitcoins will be released after Friedcat's confirmation, that make the sense.

That's not the way the escrow is running on this auction.  If you do not agree please invalidate you bid and we can continue without you.  The winning bidder agrees that the coins will be released upon me sending the share transfer e-mail to the escrow and friedcat.

Thanks

Why are you so against a regular escrow deal?

That's not the regular escrow works. So I invalid my auction.

LOL, no surprise that this guy backs out again

please do not say this. I have done a lot of transfer through this site by escrow or not.
Pls check the auction rule now, it's not fair for buyers ,cause there is no dividend for the several months, only Friedcat can confirm the shares, sign the message is not working here.
Thank you.

As I mentioned a few times earlier in the thread, I need funds pretty badly right now.  I was planning to keep this investment more long term (I've had it for over a year already), but this monetary issue is forcing me to sell.

Friedcat has been taking longer than normal to transfer shares (probably because of lack of dividends currently), so I can't have the coins locked up for an unknown amount of time when the reason for my auction is requirement of funds. 

Guys, if you really think I'm here to scam, I understand your hesitation to bid -- feel free not to.  Not really sure why I'd burn my forum account and a handle I've used on the internet since 1999 (yes it's connected to basically everything I use, real life things like FB, etc), for a little over grand, but hey this is bitcoin and I know how ripe the landscape is for scam  (After all I was a Labcoin investor, an Avalon Batch 3 purchaser, and a TORWallet user  >:( )

You want my phone number?  You want to skype?  You want my passport?  What would be satisfactory...? because I'm willing to do it.

WillBTC has backed out due to the terms of the escrow, I'm glad I clarified my statement to make sure everyone understands (Thanks, SebastianJu).  Unfortunately I'm unable to edit the OP with the escrow details.

Due to Will's canceled bid, we'll resume the bidding at:

I've sent friedcat a request to verify the shares allotted to your address are still sufficient in qty to complete the auction.  Assuming he responds, escrow is not needed.  A simple signed message from you to friedcat and this thread will be al he needs to transfer the shares.

I would bid if you waited for fried cat to confirm your email prior to escrow release.  There is currently no way to confirm your address still has those shares as dividends have not been paid in some time.

Thanks for that, hopefully he has the time to respond soon.

With a tad over 12 hours remaining in the auction, the high bidder currently is:

• Quote from: dhenson on June 24, 2014, 03:50:27 AM
  10@ .14
  

The runner-up bids were:

• Quote from: kleinessteak on June 23, 2014, 11:25:22 PM
  10@0.12
  
• Quote from: buck19 on June 23, 2014, 11:21:36 PM
  10@0.11 btc per share
  
• Quote from: spartan82 on June 23, 2014, 10:52:28 PM
  10@0.1
  
• Quote from: CanaryInTheMine on June 23, 2014, 10:50:03 PM
  10@.06000001
  
• Quote from: Blazedout419 on June 23, 2014, 10:10:03 PM
  10@.05BTC
  

Please read the entire thread before bidding if you haven't, this section of the forum doesn't allow OP edits (for good reason), so more details (escrow, etc.) are found within the thread.  If you need to contact me or would like to verify my identity, I use the same handle on AIM, Facebook, eBay.. you name it.  Thanks and happy bidding!

PM sent.

I forgot to mention that I'm also a rated trader on #bitcoin-otc using the same handle as here.  I can be found there, authenticated, and you can use gribble to check my feedback and WoT.

A little over 1 hour left!  ;D

I got a few PMs about time extension.  There will be no time extensions do to last minute bids.  The auction ends at 9:30 PM UTC/Forum time with the highest bid at that time, so have your bids in before that!

10@0.143

Unfortunately, since the terms of the auction were:


Your bid could not be accepted.

The winning bidder is:


What a bargain, watch what a little trust will get you!  Sending PM now.

First of all, there is no proof of this username being linked to that OTC, I have many many known attempts of others impersonating me. Second thing is the price is a bargain indeed but it is a fair tradeoff of how sketchy you acted in this auction. Some of us accepted the weight of the tradeoff and some did not. That is basically what this was all about.

Grats to you and the buyer. But I really suggested a better conduct, it will definitely get you a better price with a little bit of effort on your side.

A potential bidder PM'd me and asked me if I was the same handle as the one on #bitcoin-otc, so I logged on there and authenticated myself with gribble.  What are you on about?

Transaction completed and verified.