20M DigitalNote (XDN) Auction, V2.0

[hodlbananas]

Guys, since 0.1 or 0.01 satoshi isn't even a thing, I'll have to ask you to make the minimum price increment 1 satoshi per XDN, otherwise you can just keep changing the bids by 0.001, 0.0001 etc., which doesn't make much sense.

The last bid that conformed to this rule was 80 satoshi from hodlbananas, so we'll consider that one as the current price.

Sorry but I don't understand this rule. The XDN exchange with the biggest volume trades in 1/10 of satoshis. https://hitbtc.com/terminal/XDNBTC, so how is this "not even a thing". And considering that each 0.1 satoshi increase correstonds to a 0.02 BTC increase, I wouldn't say this is unsubstantial.

Come on man, why not bid 80.000001 while we're at it?

[TwinWinNerD]

Guys, since 0.1 or 0.01 satoshi isn't even a thing, I'll have to ask you to make the minimum price increment 1 satoshi per XDN, otherwise you can just keep changing the bids by 0.001, 0.0001 etc., which doesn't make much sense.

The last bid that conformed to this rule was 80 satoshi from hodlbananas, so we'll consider that one as the current price.

Sorry but I don't understand this rule. The XDN exchange with the biggest volume trades in 1/10 of satoshis. https://hitbtc.com/terminal/XDNBTC, so how is this "not even a thing". And considering that each 0.1 satoshi increase correstonds to a 0.02 BTC increase, I wouldn't say this is unsubstantial.

Come on man, why not bid 80.000001 while we're at it?

So you see no difference in a 0.000001 increase and 0.1 increase?

[Darknotenan]

Guys, since 0.1 or 0.01 satoshi isn't even a thing, I'll have to ask you to make the minimum price increment 1 satoshi per XDN, otherwise you can just keep changing the bids by 0.001, 0.0001 etc., which doesn't make much sense.

The last bid that conformed to this rule was 80 satoshi from hodlbananas, so we'll consider that one as the current price.

Sorry but I don't understand this rule. The XDN exchange with the biggest volume trades in 1/10 of satoshis. https://hitbtc.com/terminal/XDNBTC, so how is this "not even a thing". And considering that each 0.1 satoshi increase correstonds to a 0.02 BTC increase, I wouldn't say this is unsubstantial.

Come on man, why not bid 80.000001 while we're at it?

So you see no difference in a 0.000001 increase and 0.1 increase?

Just bid 81 already. With the upcoming economic collapse that is coming up all cryptocurrencies will raise in value. My calculators are forecasting XDN's real price to be at 43,557 satoshi.

[hodlbananas]

Guys, since 0.1 or 0.01 satoshi isn't even a thing, I'll have to ask you to make the minimum price increment 1 satoshi per XDN, otherwise you can just keep changing the bids by 0.001, 0.0001 etc., which doesn't make much sense.

The last bid that conformed to this rule was 80 satoshi from hodlbananas, so we'll consider that one as the current price.

Sorry but I don't understand this rule. The XDN exchange with the biggest volume trades in 1/10 of satoshis. https://hitbtc.com/terminal/XDNBTC, so how is this "not even a thing". And considering that each 0.1 satoshi increase correstonds to a 0.02 BTC increase, I wouldn't say this is unsubstantial.

Come on man, why not bid 80.000001 while we're at it?

So you see no difference in a 0.000001 increase and 0.1 increase?

When it comes to measuring satoshis - no, I really don't. Besides, you used a 0.01 increment too, so there's no telling how far are you gonna go. Can we close this competition in polemics and proceed to the actual auction?

[DuckAuctionWinner]

New offer - 85 per XDN

[Xian_XDN]

All right, gentlemen, let's all calm down ourselves.

The purpose of this, or indeed any other auction is to establish a fair price on the lot in question, NOT allow the fastest bidder to take it all. Moreover, in one of my previous posts in this thread I have explained that we are trying to weed out profiteering and speculation and only allow the joining of big investors who see potential in the XDN and its Foundation. Besides, if we'll keep making multiple bids with decimal increments, the thread can very well come under attention of the moderators and get closed because of spamming.

That is why I believe 1 satoshi is a fair and reasonable minimum increment.

[hodlbananas]

New offer - 85 per XDN

86

[DuckAuctionWinner]

New offer - 87

[hodlbananas]

New offer - 87

I bid 88.

[DuckAuctionWinner]

New offer - 87

I bid 88.

89

[hodlbananas]

90

[DuckAuctionWinner]

buying - 91

[hodlbananas]

Geez. 92 is good.

[DuckAuctionWinner]

93

[kkraus69]

What time does the auction end?

[hodlbananas]

Bid: 100. This really isn't a very good price, the only reason I'm going so high is because I'm worried that some of the buyers can still pursue intentions that are harmful to the coin. I, on the contrary, will restrict myself from selling the XDN and crashing the course by locking all the coins in a blockchain deposit.

What time does the auction end?

In 15 minutes from now.

[TwinWinNerD]

I bid 101

[Xian_XDN]

I bid 101

And the lot of 20M XDN goes to TwinWinNerD at a price of 101 satoshi per XDN, or 20.2 BTC for the whole lot.

Congratulations! Let's get in touch in PM to exchange the money.

[ZenFr]

I bid 101

And the lot of 20M XDN goes to TwinWinNerD at a price of 101 satoshi per XDN, or 20.2 BTC for the whole lot.

Congratulations! Let's get in touch in PM to exchange the money.

no time, too late
nice auction

[TwinWinNerD]

Thanks for the auction!