|
Title: [AUCTION] 53 ASICMINER shares @3.33 BTC/share (48hrs) Post by: Transisto on August 19, 2013, 08:22:39 PM This is an auction for 53 directly-owned ASICMINER shares.
Bidding starts at 3.33 BTC per share. Minimum bid increment 0.05 BTC. Buyers can choose to use escrow services with John K. at their own expense. Auction will end at 9h00 pm, on Monday Aug. 22th(eastern time). All bid are considered binding contracts. The proof of ownership will be posted as a 2nd post. Timer removed. End time: 2013-08-22+01:00:00UTC Title: Re: [AUCTION] 53 ASICMINER shares @3.33 BTC/share (48hrs) Post by: Transisto on August 19, 2013, 08:26:08 PM *proof of ownership signed with address 1DrXN5FiEUcXArR1h4YuFwoWWiw4Qimv4H
---------------------- Code: https://bitcointalk.org/index.php?topic=277727 Signature: G3VOQPQsseNzN7nrudnoZcc8cCkf0jQOEYLf3CQFzfBtPH2PmMGPfTIQieXx4ggfrzaubAaet+Oy1hc6eRlNtVU= Title: Re: [AUCTION] 53 ASICMINER shares @3.33 BTC/share (48hrs) Post by: fhh on August 19, 2013, 08:40:04 PM 10@3.33
Title: Re: [AUCTION] 53 ASICMINER shares @3.33 BTC/share (48hrs) Post by: gooesebumps on August 20, 2013, 02:33:53 AM 10@3.33
Title: Re: [AUCTION] 53 ASICMINER shares @3.33 BTC/share (48hrs) Post by: qzx881112 on August 20, 2013, 03:32:28 AM 3@3.33
Title: Re: [AUCTION] 53 ASICMINER shares @3.33 BTC/share (48hrs) Post by: wonko on August 20, 2013, 03:39:27 AM 5@3.33
Title: Re: [AUCTION] 53 ASICMINER shares @3.33 BTC/share (48hrs) Post by: qzx881112 on August 20, 2013, 03:47:33 AM Title: Re: [AUCTION] 53 ASICMINER shares @3.33 BTC/share (48hrs) Post by: chriswilmer on August 20, 2013, 04:46:25 AM 40 @ 3.38
Title: Re: [AUCTION] 53 ASICMINER shares @3.33 BTC/share (48hrs) Post by: David Chen on August 20, 2013, 05:35:48 AM 10 @3.4
Title: Re: [AUCTION] 53 ASICMINER shares @3.33 BTC/share (48hrs) Post by: David Chen on August 20, 2013, 05:44:20 AM 10 @3.43 not 3.4 Title: Re: [AUCTION] 53 ASICMINER shares @3.33 BTC/share (48hrs) Post by: fhh on August 20, 2013, 06:59:08 AM 10@3.44
Title: Re: [AUCTION] 53 ASICMINER shares @3.33 BTC/share (48hrs) Post by: Transisto on August 20, 2013, 07:18:31 AM Start at 3.33 with 0.05 increment, o_O , I should have started with 3.30
Let's have all the next bids be multiple of 0.05 Thanks Title: Re: [AUCTION] 53 ASICMINER shares @3.33 BTC/share (48hrs) Post by: Transisto on August 20, 2013, 07:24:21 AM Summary :
fhh 10 3.33 gooesebumps 10 3.33 qzx881112 3 3.33 wonko 5 3.33 qzx881112 2 3.33 -----------Winners Below----------------- chriswilmer 40 3.38 (33/40) David Chen 10 3.4 fhh 10 3.44 Title: Re: [AUCTION] 53 ASICMINER shares @3.33 BTC/share (48hrs) Post by: bitdude on August 20, 2013, 07:47:52 AM 2 @ 3.45 with John
Title: Re: [AUCTION] 53 ASICMINER shares @3.33 BTC/share (48hrs) Post by: fei_l on August 20, 2013, 07:53:22 AM 20@3.39
Title: Re: [AUCTION] 53 ASICMINER shares @3.33 BTC/share (48hrs) Post by: bitdude on August 20, 2013, 08:12:13 AM Title: Re: [AUCTION] 53 ASICMINER shares @3.33 BTC/share (48hrs) Post by: fei_l on August 20, 2013, 08:13:12 AM 20@3.39 Sorry, canceled temporarily...Title: Re: [AUCTION] 53 ASICMINER shares @3.33 BTC/share (48hrs) Post by: bitdude on August 21, 2013, 06:05:06 AM just a pity my Avalon digs that slowly :) would want all those shares for that price
Title: Re: [AUCTION] 53 ASICMINER shares @3.33 BTC/share (48hrs) Post by: Transisto on August 21, 2013, 04:51:38 PM just a pity my Avalon digs that slowly :) would want all those shares for that price You want all shares at what price ? Title: Re: [AUCTION] 53 ASICMINER shares @3.33 BTC/share (48hrs) Post by: bitdude on August 21, 2013, 06:41:02 PM just a pity my Avalon digs that slowly :) would want all those shares for that price You want all shares at what price ? Sorry, no funds left. Can buy only those 2 that I bid for. Title: Re: [AUCTION] 53 ASICMINER shares @3.33 BTC/share (48hrs) Post by: chriswilmer on August 22, 2013, 12:44:21 AM 10 minutes left!
Title: Re: [AUCTION] 53 ASICMINER shares @3.33 BTC/share (48hrs) Post by: chriswilmer on August 22, 2013, 04:06:53 PM I am confused about the results of this auction. .. could you post a summary?
Title: Re: [AUCTION] 53 ASICMINER shares @3.33 BTC/share (48hrs) Post by: Transisto on August 23, 2013, 01:23:54 AM I am confused about the results of this auction. .. could you post a summary? fhh 10 3.33 gooesebumps 10 3.33 qzx881112 3 3.33 wonko 5 3.33 qzx881112 2 3.33 chriswilmer 40 3.38 fei_l 20 3.39 David Chen 10 3.4 bitdude 2 3.45 fhh 10 3.44 I have contacted everyone in private earlier today. I tried yesterday but the bitcointalk forum had reliability issues. Title: Re: [AUCTION] 53 ASICMINER shares @3.33 BTC/share (48hrs) Post by: chriswilmer on August 24, 2013, 04:30:59 PM I am confused about the results of this auction. .. could you post a summary? fhh 10 3.33 gooesebumps 10 3.33 qzx881112 3 3.33 wonko 5 3.33 qzx881112 2 3.33 chriswilmer 40 3.38 fei_l 20 3.39 David Chen 10 3.4 bitdude 2 3.45 fhh 10 3.44 I have contacted everyone in private earlier today. I tried yesterday but the bitcointalk forum had reliability issues. OK, so based on this it looks like I won 11 shares. Thanks. Title: Re: [AUCTION] 53 ASICMINER shares @3.33 BTC/share (48hrs) Post by: mechs on August 24, 2013, 05:42:11 PM I am confused about the results of this auction. .. could you post a summary? fhh 10 3.33 gooesebumps 10 3.33 qzx881112 3 3.33 wonko 5 3.33 qzx881112 2 3.33 chriswilmer 40 3.38 fei_l 20 3.39 David Chen 10 3.4 bitdude 2 3.45 fhh 10 3.44 I have contacted everyone in private earlier today. I tried yesterday but the bitcointalk forum had reliability issues. OK, so based on this it looks like I won 11 shares. Thanks. Title: Re: [AUCTION] 53 ASICMINER shares @3.33 BTC/share (48hrs) Post by: Transisto on August 24, 2013, 06:30:42 PM I apologize for the delays, i've been working full time on the bitcoin embassy for the last month, back to my home town for a few days. I don't
fell like being stressed up with non-payment right now. As of now only ffh and bitdude have paid their shares, and Chriswilmer is counting on fei_l (7 post) bid to pay for less shares. Title: Re: [AUCTION] 53 ASICMINER shares @3.33 BTC/share (48hrs) Post by: chriswilmer on August 24, 2013, 06:56:44 PM ... and Chriswilmer is counting on fei_l (7 post) bid to pay for less shares. Isn't that how auctions work? If person A bids, and person B outbids person A, then person A is no longer under any obligation to pay unless he/she wants to raise their bid (and try to outbid person B). If person B (the auction winner) ends up deciding not to pay and violating the terms, that's unfortunate, but it's a matter between person B and the seller. Right? That's my understanding, what do other people think? This doesn't come up very often so I would be interested to hear what others think is proper auction etiquette. Title: Re: [AUCTION] 53 ASICMINER shares @3.33 BTC/share (48hrs) Post by: Vycid on August 24, 2013, 09:22:11 PM ... and Chriswilmer is counting on fei_l (7 post) bid to pay for less shares. Isn't that how auctions work? If person A bids, and person B outbids person A, then person A is no longer under any obligation to pay unless he/she wants to raise their bid (and try to outbid person B). If person B (the auction winner) ends up deciding not to pay and violating the terms, that's unfortunate, but it's a matter between person B and the seller. Right? That's my understanding, what do other people think? This doesn't come up very often so I would be interested to hear what others think is proper auction etiquette. I agree. The contract is between the winner of the auction only. Imagine if a guy went to a rare art auction, bid $2M on a painting and lost. So he wandered to the next auction, and won for $2.5M, all the money he had allocated. It would be completely unacceptable if the first auction came after him for that $2M as well. Title: Re: [AUCTION] 53 ASICMINER shares @3.33 BTC/share (48hrs) Post by: bclcjunkie on August 25, 2013, 02:58:59 AM your thinking is correct. person A is not obligated to wait for B's bid to fall through unless A privately conveyed his or her intention to take that spot and the seller has agreed to that.. but to make things simpler start the auction over for the remaining shares and be done with it...
on another note why bother with all these auctions when you can put in your bid, catch the bottom at https://btct.co/security/ASICMINER-PT and get them transferred to you? the last lowest price was 2.251 per share... :) there's probably even more correction to come now that competition offers much better investment options(hosting, cheaper hardware and etc)... ... and Chriswilmer is counting on fei_l (7 post) bid to pay for less shares. Isn't that how auctions work? If person A bids, and person B outbids person A, then person A is no longer under any obligation to pay unless he/she wants to raise their bid (and try to outbid person B). If person B (the auction winner) ends up deciding not to pay and violating the terms, that's unfortunate, but it's a matter between person B and the seller. Right? That's my understanding, what do other people think? This doesn't come up very often so I would be interested to hear what others think is proper auction etiquette. Title: Re: [AUCTION] 53 ASICMINER shares @3.33 BTC/share (48hrs) Post by: Bitcoin Embassy on August 25, 2013, 09:57:13 PM your thinking is correct. person A is not obligated to wait for B's bid to fall through unless A privately conveyed his or her intention to take that spot and the seller has agreed to that.. but to make things simpler start the auction over for the remaining shares and be done with it... I see a problem arising when some nobody make a bid (and cancel it 5 min afterward).on another note why bother with all these auctions when you can put in your bid, catch the bottom at https://btct.co/security/ASICMINER-PT and get them transferred to you? the last lowest price was 2.251 per share... :) there's probably even more correction to come now that competition offers much better investment options(hosting, cheaper hardware and etc)... ... and Chriswilmer is counting on fei_l (7 post) bid to pay for less shares. Isn't that how auctions work? If person A bids, and person B outbids person A, then person A is no longer under any obligation to pay unless he/she wants to raise their bid (and try to outbid person B). If person B (the auction winner) ends up deciding not to pay and violating the terms, that's unfortunate, but it's a matter between person B and the seller. Right? That's my understanding, what do other people think? This doesn't come up very often so I would be interested to hear what others think is proper auction etiquette. One could create a fake account for invalidating it's own bid. I should have added more terms to my auction. Title: Re: [AUCTION] 53 ASICMINER shares @3.33 BTC/share (48hrs) Post by: Transisto on August 25, 2013, 09:58:14 PM Facepalm ... wrong account ...
Title: Re: [AUCTION] 53 ASICMINER shares @3.33 BTC/share (48hrs) Post by: chriswilmer on August 26, 2013, 02:44:05 AM Facepalm ... wrong account ... Haha, it's almost as if you were proving a point! I agree with you though, the auction system here has weaknesses. One way around the "fake-account-to-outbid-yourself" strategy might be to state, in the rules of the auction, that only forum members with activity above a certain threshold are allowed to bid. *shrugs* Title: Re: [AUCTION] 53 ASICMINER shares @3.33 BTC/share (48hrs) Post by: bitdude on August 26, 2013, 06:36:24 AM Either people are honest or not. Yes, the price is much lower now, but I will honor my bid and pay for it. Every person doing something else will sooner or later go broke, because they do not know how to make the business anyway. And since we all know the drop in price is just because that guy who sold 2000+ AM shares for 2.3 BTC when the market price was 3.4 BTC, it is quite likely that the price will climb up again in few weeks.
|