Maybe we should just combine our efforts? Coblee would you be willing to sell us each a roll at 78 since you have multiple rolls?
No, sorry. |
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I'll give 1 coin to each bidder if my bid at 78 wins
This is not allowed. If there's any collusion going on, I would be forced to cancel the auction. |
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78
See you at 12:59, the again at 1:59, and again at 2:59, and 3:59, also at 4:59, then at 5:59 with a fresh cup of coffee, and so on and so on. Good luck! There's no need to wait til last minute, because it's not like you can snipe the auction when it delays it by another hour. So if you want to bid, it would make sense to bid right away. |
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FWIW I don't think you should change auction terms after starting. It's not like you can get everyone's consent.
Since I got 1 complaint, I will not change the auction terms. FWIW consent is not needed by everyone, because it doesn't affect everyone. if you planned to come back to within an hour to bid, the change doesn't affect it. It only affects new bids that happen near the end and those bidders should have already read the new rules. There's a slight chance it will affect some that thought the auction will likely last hours, so they went to sleep. And if they wake up to find that the auction ended quickly due to a last minute rule change, they might be pissed. Anyways, auction rule will remain unchanged for this auction. Sorry |
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-----BEGIN PGP SIGNED MESSAGE----- Hash: SHA512 After seeing how my first auction is going, I believe the 1 hour bid extension is too long. This could cause the auction to last a very long time. I'm changing the auction rule such that the bid extension is only 5 minutes. If you would like to retract your bid due to this change, please post here. -----BEGIN PGP SIGNATURE----- Version: GnuPG/MacGPG2 v2.0.19 (Darwin) Comment: GPGTools - http://gpgtools.orgiQIcBAEBCgAGBQJRgFi2AAoJEIKKwflO8mBTnsYP/2l8/OAJ5bGLJDUZgykv4I8Y xOXX+66CsRfBrUymK3L4xgc6fXRGPtpwuZ+mt1gVD16Flp9YL3VjBYQsLIi3whMT SEiu94AgajHoqVA5zCT4Ioy+0EpI392Wq+IWzzvpCoIDrfIldDyT3/8aH7DAE3O9 AdAwQHA9U46I1O5WNy3jeUqQH7RK1Vzptd9fE5p+IWuy/HPMtfjZ/IXgXi0uu1xQ 5N6hZd8E+/8gLbZmTqxVCFC+HAcXF1CJI1mVLM23z8MsjTuXf5WFPiYCIuiV2vpi MF8uiAI6CezfL+roxw5y4lXkTZ+HVikDTiSnfJuUdgMvfAf4m38DshkiXnBlqshe Ast7bJ2SJubVrqJMgLVUChtDfRS1++yY3VQAUGc3mnIXzIA8/oTYqfjGOGHhiHhU vT91QlCsGKfs4uWmVFctshe1aq7r/P7z0v6W8eFpI57SLLl7uAULlJ6UQ4pcPbwI T3YqBUMi0Iv+Q3WhdlCWduzMIQD4p1tLH5oPuTENuo+U2afMK+X0KNlDGUyXcrl/ ZaHy74LNp8C40cFfaDvhDUH2uMRNqT/DW6YW3G1cTnLebMLja27B0j0Rg3jnFJv/ LgFLBvxoEI4ulP4/CNK9LNlQV7MEEZGkK6fafzaulFqDHRKPmbveo0MsW1JCSgvs lAPJz/WUrhZNEGFM4pSR =z6u4 -----END PGP SIGNATURE----- |
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-----BEGIN PGP SIGNED MESSAGE----- Hash: SHA512 After seeing how my first auction is going, I believe the 1 hour bid extension is too long. This could cause the auction to last a very long time. I'm changing the auction rule such that the bid extension is only 5 minutes. If you would like to retract your bid due to this change, please post here. -----BEGIN PGP SIGNATURE----- Version: GnuPG/MacGPG2 v2.0.19 (Darwin) Comment: GPGTools - http://gpgtools.orgiQIcBAEBCgAGBQJRgFi2AAoJEIKKwflO8mBTnsYP/2l8/OAJ5bGLJDUZgykv4I8Y xOXX+66CsRfBrUymK3L4xgc6fXRGPtpwuZ+mt1gVD16Flp9YL3VjBYQsLIi3whMT SEiu94AgajHoqVA5zCT4Ioy+0EpI392Wq+IWzzvpCoIDrfIldDyT3/8aH7DAE3O9 AdAwQHA9U46I1O5WNy3jeUqQH7RK1Vzptd9fE5p+IWuy/HPMtfjZ/IXgXi0uu1xQ 5N6hZd8E+/8gLbZmTqxVCFC+HAcXF1CJI1mVLM23z8MsjTuXf5WFPiYCIuiV2vpi MF8uiAI6CezfL+roxw5y4lXkTZ+HVikDTiSnfJuUdgMvfAf4m38DshkiXnBlqshe Ast7bJ2SJubVrqJMgLVUChtDfRS1++yY3VQAUGc3mnIXzIA8/oTYqfjGOGHhiHhU vT91QlCsGKfs4uWmVFctshe1aq7r/P7z0v6W8eFpI57SLLl7uAULlJ6UQ4pcPbwI T3YqBUMi0Iv+Q3WhdlCWduzMIQD4p1tLH5oPuTENuo+U2afMK+X0KNlDGUyXcrl/ ZaHy74LNp8C40cFfaDvhDUH2uMRNqT/DW6YW3G1cTnLebMLja27B0j0Rg3jnFJv/ LgFLBvxoEI4ulP4/CNK9LNlQV7MEEZGkK6fafzaulFqDHRKPmbveo0MsW1JCSgvs lAPJz/WUrhZNEGFM4pSR =z6u4 -----END PGP SIGNATURE----- |
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-----BEGIN PGP SIGNED MESSAGE----- Hash: SHA512 After seeing how my first auction is going, I believe the 1 hour bid extension is too long. This could cause the auction to last a very long time. I'm changing the auction rule such that the bid extension is only 5 minutes. If you would like to retract your bid due to this change, please post here. -----BEGIN PGP SIGNATURE----- Version: GnuPG/MacGPG2 v2.0.19 (Darwin) Comment: GPGTools - http://gpgtools.orgiQIcBAEBCgAGBQJRgFi2AAoJEIKKwflO8mBTnsYP/2l8/OAJ5bGLJDUZgykv4I8Y xOXX+66CsRfBrUymK3L4xgc6fXRGPtpwuZ+mt1gVD16Flp9YL3VjBYQsLIi3whMT SEiu94AgajHoqVA5zCT4Ioy+0EpI392Wq+IWzzvpCoIDrfIldDyT3/8aH7DAE3O9 AdAwQHA9U46I1O5WNy3jeUqQH7RK1Vzptd9fE5p+IWuy/HPMtfjZ/IXgXi0uu1xQ 5N6hZd8E+/8gLbZmTqxVCFC+HAcXF1CJI1mVLM23z8MsjTuXf5WFPiYCIuiV2vpi MF8uiAI6CezfL+roxw5y4lXkTZ+HVikDTiSnfJuUdgMvfAf4m38DshkiXnBlqshe Ast7bJ2SJubVrqJMgLVUChtDfRS1++yY3VQAUGc3mnIXzIA8/oTYqfjGOGHhiHhU vT91QlCsGKfs4uWmVFctshe1aq7r/P7z0v6W8eFpI57SLLl7uAULlJ6UQ4pcPbwI T3YqBUMi0Iv+Q3WhdlCWduzMIQD4p1tLH5oPuTENuo+U2afMK+X0KNlDGUyXcrl/ ZaHy74LNp8C40cFfaDvhDUH2uMRNqT/DW6YW3G1cTnLebMLja27B0j0Rg3jnFJv/ LgFLBvxoEI4ulP4/CNK9LNlQV7MEEZGkK6fafzaulFqDHRKPmbveo0MsW1JCSgvs lAPJz/WUrhZNEGFM4pSR =z6u4 -----END PGP SIGNATURE----- |
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Anyone who is interested in bidding is going to be following this over the next half an hour for sure, do them all a great favor & change it to after 01:00 then bids extend the auction for 5 minutes (or 2 mins), most ppl have better things to do & you will actually get a higher price as ppl won't just say FI & bail.
100% agree. But it's a little late for that considering all the people who won't be back for an hour now. Are people ok with changing the bid extension to 5 minutes after an hour is up? So if someone bids on 12:30:00, the auction will still end at 12:44:43 AM GMT. If someone bids on 12:42:00, the auction will be extended till 12:47:00 AM GMT. This is fair because if someone took off for 50 minutes to come back to bid before 12:44, they will still be able to bid. And it's not unfair to bracek, the current high bidder. If people are ok, i will make a GPG signed post making this official. |
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Okay, 71 last bid. Not, because I wouldn't bid more, but because I need sleep  If people need to go and would like someone to help proxy bid, I can do that. Basically, PM with the maximum bid you are willing to bid, I and will help you bid until either you win or the bid has passed your max bid. And if there's any doubt, forum moderators can confirm the PMs. I think that's fair, right? Seriously? The guy hosting the auction is going to bid for people? Ummmm I am 100% not okay with this. If people need to go then put your max bid in and go to sleep. You're either going to wake up with some coins or not. Fine. Forget I mentioned it. Not trying to be a dick but you understand the perception of this right? Of course, it's like shill bidding where I bid on my own auction to increase the price. It's definitely can be seen that way. That's why I suggested I could have the forum moderators confirm that proxy bid. But I agree with you. I shouldn't be doing this. |
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Okay, 71 last bid. Not, because I wouldn't bid more, but because I need sleep If people need to go and would like someone to help proxy bid, I can do that. Basically, PM with the maximum bid you are willing to bid, I and will help you bid until either you win or the bid has passed your max bid. And if there's any doubt, forum moderators can confirm the PMs. I think that's fair, right? Seriously? The guy hosting the auction is going to bid for people? Ummmm I am 100% not okay with this. If people need to go then put your max bid in and go to sleep. You're either going to wake up with some coins or not. Fine. Forget I mentioned it. |
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Okay, 71 last bid. Not, because I wouldn't bid more, but because I need sleep If people need to go and would like someone to help proxy bid, I can do that. Basically, PM with the maximum bid you are willing to bid, I and will help you bid until either you win or the bid has passed your max bid. And if there's any doubt, forum moderators can confirm the PMs. I think that's fair, right? |
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Sleep for 7 hours, it may be still going strong if ppl snipe every hr after 24:00 UTC.
Maybe the best thing to do is a silent auction. Have everyone send me their max bid. When the auction is over, the winner is the first person that sent me the highest max bid, and he only needs to pay the 2nd highest bid + the increment. No stress, no staying up, but total surprise.  Might consider it if I do another auction. btw, extending for 1 hr is excessive imo, if someone is interested in bidding 5 or max 10 minutes is plenty, better still 2 mins as Casascius successful auctions or it could drag out for ever & many ppl aren't going to devote that much time to checking it every hour I expect if it gets bumped by last min bids.
I agree. I think it's too late for this auction. I might change it for my other auctions. |
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As a side note, I find it interesting when people convert bitcoin to $ when talking about the markup. Mike absolutely has it right. It is a bitcoin product purchased with bitcoin. You can't fail to increase value if you keep it in one currency. When I was nursing dreams about a wholesale model with casascius coin I was going to keep cash in an exchange to purchase bitcoin with whatever cash was being used to buy the coin on the spot. At the end of the day I would always have more bitcoin. When you do that only the percentage matters.
Totally true, keep this in mind: coblee is selling some vintage coins on another thread... getting bids of ~68BTC for 30BTC face value coins... so in other words he's up to BTC1.26 (above face value) per coin... wow, right?... these are coins he bought from me at a markup of $2 or $3... think for a moment who should be complaining... he's getting almost $200 and maybe more markup, for something that he bought from me for under $3 markup... I need a waambulance. Actually, totally kidding. I don't need a waambulance. You see, he paid me BTC1.85 for those coins, each, plus BTC1.75 for postal mail to get them (per order, not per coin), because he bought them at a time when BTC was at rock bottom, and that was the price. And....I've kept all those BTC, not sold them. I have made a killing collecting BTC for postage I paid in dollars, because it has caused me to inadvertently buy BTC regularly that I wasn't ever intending to buy. So, dispatch, tell the waambulance they can go back home. As it turns out, I'm in pretty good shape. But even if I wasn't, my purpose in making these coins wasn't to get into the coin business, it was to spam the world with BTC as a concept, and it looks like it's working regardless of what I charge. +100 Mike, I want a refund on the $250 I paid for shipping. |
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70
This bid is not valid as someone else already bid 70 |
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Yeah, the timezone of the seller suxx  No offence, but I'll need some sleep  We have people from all over the world, so it's not possible to please everyone. I wonder what's the best time to end an auction. Future reference most people have ADD. Waiting a week for an auction to end them extending it by an hour for every bid is exhausting and makes people lose interest. I totally forgot it was ending today.
If the auction is only 3 days, people might not hear about it. And if there's no bid delay, then people won't bid normally and will all try to snipe at the last second. So what's a better way? |
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69 can everybody just stop, I have to go to sleep If you bid 150, I'm pretty sure people will stop. :p |
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Auction ends in less than 2.5 hours unless extended by a valid bid. Each valid bid extends the auction to 1 hour after that bid. If any of this is unclear, please ask me.
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I bid 22BTC for 10 of them.
If OP approves this kind of deal, may be someone else could try to bid on 20 coins or 10 coins but not lower amount of them to save shipping work.
Sorry, it would be unfair to other bidders if it gets too complicated for the bidders to figure out what they have to bid to win the auction. So please stick with bidding for all 30 coins. If someone is interested in bidding on 20 coins, please PM StarenseN and have one of you bid on the whole tube and figure out how to split it up later. Thanks. |
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I have not published how many I have sold. This is intentional. Most buyers of this item value their privacy. I have offered them without a requirement to fund them with bitcoins, so a blockchain analysis won't lead to the true total sold.
I will offer the following information:
- I made 50, they all said 2012 and 1000BTC, and that despite my earlier suggestion, none of them have been destroyed, at least not by me. I don't plan to make any more with those dies. Any future gold Casascius coins will have a smaller denomination and a newer year.
- There are no unfunded gold coins issued without holograms UNLESS they are 2-factor. I am willing to sell hologrammed 2-factor gold coins without funding (they are fundable, at the owner's option). However the holograms are permanently and prominently laser-marked to indicate they are 2-factor coins. For several reasons, someone wanting to buy a 2-factor coin second hand can't positively verify the correctness of seller's passphrase without ripping open the coin and therefore must trust the seller anyway, and I can't see someone buying such a coin without looking at the block chain, so I see it as pointless to put anyone's 1000 BTC at risk of loss in the mail by requiring such coins to always be sold funded.
I assume you mean "There are no unfunded gold coins issued with holograms UNLESS they are 2-factor" Speaking of 2-factor, I really don't understand buying a casascius coin with 2-factor. The great thing about casascius coins is that you can trade them freely and the buyer only has to trust one person: Mike Caldwell. If you buy a 2-factor casascius coin with a password you choose, you can no longer sell that coin. Because there's absolutely no reason why anyone would buy it when they have to trust both you and casascius. So 2-factor casascius coins are not tradable, which defeats the sole purpose of having the coin. A buyer of a 2-factor coin can only use it to store bitcoins himself. And if that's the case, using a paper wallet from bitaddress.org is a much safer and cheaper way to do that. Just my 2 cents. Well I want one for life and was interested in the 2fa. I have no intent to ever sell it. My friend who also wants one is the same. Before BTC we were gold coin collectors. Same here. The coin to have used to be the high relief gaudens. Now, it's definitely this coin... at least for me. Here's where 2-factor shines:
1 - the unfunded savings bar. It makes sense. In this case, the product is a pretty 2-factor paper wallet.
2 - It's not entirely impossible for a 2-factor item to be certifiably tradable. Upon observation that a 2-factor item has been properly funded, I can issue a signed message containing a BIP38 confirmation code that would allow a third party to verify the passphrase they were given corresponds to a coin I issued at the matching address. I just have never offered such a thing in the past. The confirmation code is like the private key, but contains G*factor instead of factor, so it's only useful for calculating the bitcoin address (and proving the passphrase is correct).
3 - part of the reason one might want to own a gold bitcoin is simply to collect it rather than redeem it or sell it.
4 - there is no need to trust in me on a 2-factor item, the only element of trust is one must trust I didn't screw up the production. I can't steal the coins, period. And I even make checking the production mostly verifiable. When I sell a 2-factor item, I typically print 8 private keys, and use 1 of the 8 to make the item, and include the sheet with the remaining 7 in the shipment (there will simply be two holes in the page where the two private key halves were punched out to put in the product. I typically make pen markings on the page before punching out the circles to provide a visible indicator through the hologram window that the circles in the product are the same paper that came from the page). The remaining 7 keys are complete , encrypted with the same passphrase, exposed in plain sight, and can be funded with 0.01 and used to test the 2-factor system. It's overwhelmingly likely that especially if funds can be retrieved from any of the first 7 codes, the 8th one is going to work too.
Yeah, I can see that for savings bar. But for a gold coin, even if I never plan to trade or sell it, knowing that I can't reduces the value for me. Maybe that's just me. Good to know that you can prove that the passphrase is correct. Wonder if someone would ever ask you to do that. And don't get me wrong, I think you are providing a great service to offer 2-factor coins. It's a cool way to not have to trust you. |
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Actually, the really curious thing is what happened to bitbills? They had a good product. They had demand. They weren't crooks. And the website is still up. What gives?
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