Bitcoin Forum

Next round: https://bitcointalk.org/index.php?topic=48286.0


In order to collect more money for the creation of good forum software, the forum is selling ad space in the area beneath the first post in every topic.

Your ad text (ignoring link URLs, etc.) must be less than 150 characters in length, and it can only contain links: no other style. It will be prefixed with "Advertisement:". Ad text may not contain lies, misrepresentation, or inappropriate language. Ads may be rejected for other reasons.

There are 10 total ad slots which are randomly rotated. So one ad slot has a one in ten chance of appearing. Eight of the slots are for sale here.

The ad lasts 7 days starting from when I put it up.

Stats: On the 27^th of September, 2011 there were about 730,000 views of topics. So one slot would have appeared around 73,000 times. The ad doesn't appear on topic pages with only one post, though, and it only appears for people using the default theme.

Auction rules

Post your bids in this thread. Prices must be stated in BTC per slot. You must state the max number of slots you want. When the auction ends, the higest bidders will have their slots filled until all eight slots are filled.

So if someone bids for 8 slots @ 5 BTC and this is the highest bid, then he'll get all 8 slots. If the two highest bids are 8 slots @ 4 BTC and 1 slot @ 5 BTC, then the first person will get 7 slots and the second person will get 1 slot.

- Starting bid per slot: 0.5 BTC
- Minimum increment: 0.5 BTC
- Auction ends: exactly 4 days after the time of this post

You don't have to bid higher than the last bidder, but you have to bid 0.5 BTC or more higher than the minimum bid necessary to win some slots if the auction ends immediately.

All future bid prices must be divisible by 0.5.

If any bids occur less than 30 minutes before the auction end time, then the auction will be extended by 30 minutes. If any bids occur less than 30 minutes before the new end time, then the auction will be extended again, etc. The time will not extend beyond 6 hours total.

Winners should PM me with the ad text.

I'll kick it off. 1 spot @ 1BTC.

I don't see it, is this for a week?

you have forgotten a serious piece of information... How long the ad lasts for.

I don't take it you are selling permanent ads?

8 slots at 1btc for GamerKeys.net

2 BTC for two slots for BitBrew.

2 BTC for each of 2 slots for Dragon's Tale.

1BTC for 2 slots for c0ffer Gemstone Sales

Fixed. :) The ads last for 7 days.

If anyone was confused about this, you can cancel your bid.

5 btc, 2 slots.

1 Slot @ 1 Btc for iWantFreeBitCoins.com

I completely agree. But just about every other forum has some kind of advertising. I just wish it were limited to the index and not in every thread. Maybe it could be expanded on the index and removed from the threads.

BTW. 8 slots @ 2btc each

2 slots, 3 BTC each for BitBrew

1 Slot`s 3 BTC

I pay one BTC for advertise a BTC-Play Banner in the footer.

1 BTC Per Month intressted ?

2 slots @ 4 BTC each for http://betwithbtc.com

4 slots for @ 3.5BTC each for http://betco.in/ (http://betco.in/)

2 slots for 3.5 BTC each for http://bitponzi.net/

Surprised by the low bids. This is the premier site of the Bitcoin community, very highly targeted audience, if you want to plug a product this is the place. I would set a minimum reserve price of 1$ CPM.
If I understand correctly what is being sold is about 500.000 impressions/slot, which gives 125BTC/slot at 1$ CPM. Even at 20c CPM, the minimum some networks allow non-targeted CPM to fall, we're still talking about 25 BTC/slot.

The low bids are partially due to a previous user only gaining 0.4 BTC from ads.

Looks like someone else already bid 2 slots @ 5btc each, but their are 8 slots you are selling...so I don't know if I can bid the same for other slots?
If not, 2 slots @ 5.4 BTC.

1 slot - 6 btc

That's fine.

Probably the best strategy is to just bid what you want to pay. I'll sort it all out when the auction ends.

That sort of defeats the purpose of an auction, doesn't it?

I think there should be something set up for this to make it simpler. Like some kind of script. Or at least let us know who is the current lead and such

1 slot, 6 bitcoins. Ignore my older bid, I only want one slot at 6 bitcoins.

The slots will be sold (currently) as follows:
1. Teek (6)
2. TyGrr (6)
3. Teek* (5)
4. Teek* (5)
5. NothinG (5)
6. NothinG (5)
7. GoWest (4)
8. GoWest (4)
9. Talpan (3.5)**
10. Talpan (3.5)**
*User may or may not have cancelled bid.
**Only if other uses cancel bids

Dree12's list is correct. Your previous bids are canceled when you post an updated bid, so Talpan will get two slots and Teek will get one.

Now that I think about it more, the minimum increment rule doesn't make any sense. Let's just say that all future bids need to be divisible by 0.5.

This auction format is somewhat confusing, but I don't think it's worth my time to write a script. The forum also offers some abuse protection through the newbie restriction and other limits.

I bid 2 btc for a slot.

2 slots @6btc each

1 slot at 5 BTC

I've already written up the database structure on how I'd go about writing the script.


If no one else wants the write the script, I'll just go ahead and do it.

I have updated the list.:

Slot #	Username	Cost (BTC)
1	Teek	6
2	TyGrr	6
3	BitCoinWebHost	6
4	BitCoinWebHost	6
5	NothinG	5
6	NothinG	5
7	Mb300sd	5
8	GoWest*	4

* Order not fully completed

Any bid below 4.5 will not currently get in (I'm assuming GoWest has priority since he bid first).

This is not work a script would do better than a human; you would still be needed to enter the fields manually.

How many days to go?  this needs a timer  :)

I guess you've never messed with PHP ;)
You set it up, so it can keep going.

I was the first person to have a Double Trouble Automatic game, everyone loved the automation better.
Anyways, it's up to theymos.

I'm fully capable of messing with PHP - it's just that the things it excels at (flexibility) are not needed. There will always be a need for someone to enter the bids, and that someone could just as easily place them in the correct slots.

Right.

is it possible to maintain a list in the startpost with the current bids?
It's kind of messy the way it's done.

2 @ 7 each.  You can cancel my other bids. (http://betwithbtc.com)

I am interested in buying advertising but this format is a mess.  I am not sure that I understand it, but I am bidding 6 bitcoins for a slot.  When does the auction end?  

6.5btc for 1 slot please.

2 slots at 7 btc each

October 15 12:29:29 AM, US central time. Exactly 4 days from the time of the OP.

1 slot @ 7btc please

@theymos - how many more times you going to be doing this?

Until we switch to the new software. Hopefully not more than a month or two.

A bid of 5.5 is currently necessary to get in. Total income the forum makes at this point is 51.5 BTC.

Slot #	Username	Cost (BTC)
1	GoWest	7.0
2	BitCoinWebHost	7.0
3	BitCoinWebHost	7.0
4	Teek	7.0
5	Nextnonce	6.5
6	TyGrr	6.0
7	Tiptopgemdotcom	6.0
8	NothinG*	5.0

* Order only partially completed

Timer is available at:
 http://free.timeanddate.com/countdown/i2sxqlk5/n210/cf12/cm0/cu4/ct0/cs0/ca0/cr0/ss0/cac000/cpc000/pcfff/tcfff/fs100/szw320/szh135/tatTime%20left%20to%20Event%20in/tac000/tptTime%20since%20Event%20started%20in/tpc000/mac000/mpc000/iso2011-10-15T12:29:29 (CST, possibly)

or
 
http://free.timeanddate.com/countdown/i2sxqz6v/n155/cf12/cm0/cu4/ct0/cs0/ca0/cr0/ss0/cac000/cpc000/pcfff/tcfff/fs100/szw320/szh135/tatTime%20left%20to%20Event%20in/tac000/tptTime%20since%20Event%20started%20in/tpc000/mac000/mpc000/iso2011-10-15T12:29:29 (CDT, most likely)

I'll go 5.5 for the #8 slot :)

1 slot 7 BTC please.

Umm, I said "2" @ 7 BTC each. =)

Looks like I got out-bidded on both?
I'll bid 1 @ 8BTC.

A bid of 7.0 is currently necessary to get in. Total income the forum makes at this point is 56.5 BTC. The forum has earned 72.0 BTC from previous advertising rounds. If this auction ends now, it would have earned 128.5 BTC (43% of 300 BTC).

Slot #	Username	Cost (BTC)
1	NothingG	8.0
2	GoWest	7.0
3	GoWest	7.0
4	BitCoinWebHost	7.0
5	BitCoinWebHost	7.0
6	Teek	7.0
7	Jeremy West spendbitcoins.com	7.0
8	Nextnonce	6.5

Sorry, I misread. This is fixed now. If anyone has an issue, please do say (accuracy is one thing scripts are better than humans on).

8 bitcoins

How many slots?

1 slot @ 10 BTC is my bid

1 slot 7.5

A bid of 7.5 is currently necessary to get in. Total income the forum makes at this point is 61.5 BTC. The forum has earned 72.0 BTC from previous advertising rounds. If this auction ends now, it would have earned 133.5 BTC (45% of 300 BTC).

Slot #	Username	Cost (BTC)
1	DavinciJ15	10.0
2	NothingG	8.0
3	Tiptopgemdotcom*	8.0
4	Jeremy West spendbitcoins.com	7.5
5	GoWest	7.0
6	GoWest	7.0
7	BitCoinWebHost	7.0
8	BitCoinWebHost	7.0

* Assuming 1 slot is bid for
(if there is a problem with this, please point it out!)

1 slot 8 btc

Danggg people got some real money going into these.

I'm just going to consider bids without both a price and a quantity to be invalid.

Thanks for keeping track of the bids.

Okay, thanks. I fixed that.

Slot #	Username	Cost (BTC)
1	DavinciJ15	10.0
2	NothingG	8.0
3	teek	8.0
4	Jeremy West spendbitcoins.com	7.5
5	GoWest	7.0
6	GoWest	7.0
7	BitCoinWebHost	7.0
8	BitCoinWebHost	7.0

The auction has ended. I've verified that Dree12's last list is the final result. Winners have received PMs, and I'll put up the ads late today (assuming I receive all payments and info in time).

I think this format was pretty successful. It seemed to run smoothly once the exact rules were figured out, and the forum raised more BTC than any previous round.

Thanks to dree12 for keeping track of the bids.

Next round:
https://bitcointalk.org/index.php?topic=48286.0