Xian_XDN (OP)
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DigitalNote: because you deserve privacy
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July 01, 2015, 07:41:23 PM |
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Hello everyone! I'm Xian from the DigitalNote (XDN) Foundation. Recently we have held an auction for 20M XDN, that has ended with TwinWinNerD successfully taking the whole lot for 20.2 BTC. We have 30M XDN more to sell, that we have collected during the Foundation's crowdfunding campaign, but instead of selling them all together in one huge lot, we will divide it into smaller parts, as was suggested by dNote here: https://bitcointalk.org/index.php?topic=1097352.msg11700275#msg11700275So right now we are opening the second round of the auction. Here are the terms of the auction: 1. We are auctioning off a lot of 12 million XDN. The auction starts at 9 AM UTC on Thursday, July 2nd. 2. The starting price is 80 satoshi per 1 XDN, which amounts to 9.6 BTC for the whole lot. This bit was made by the user hodlbananas in this post: https://bitcointalk.org/index.php?topic=1072773.msg11753795#msg117537953. To prevent suspicious/fraudulent attempts at price manipulation, it is mandatory for all participants to register before making their bids. To register for the auction you have to: - Deposit 1 BTC to the Foundation's official BTC wallet: 126HUywBNBzJB68FawtnZ9aq9Y2CwXMu8J. All deposits will be returned to their owners in full, upon the end of the auction. - PM me with a link to the transaction with your deposit and express your intention to take part in the auction. Users don't have to register in advance: you're free to register and make bids at any time until the end of the auction. All bids that were made without registering with me will be considered invalid. 4. After the auction starts on Thursday, everyone who has registered are free to make their bids here, in this thread. The auction will last for 4 days until 8 AM UTC (or 12 noon EDT) July 6th, upon which moment the lot will be transferred to the highest bidder at the time. 5. To allow for a more fair price establishment on the lot (regarding which we have received several complaints), we are establishing the minimum price increment as 1 satoshi per XDN and allow for extending of the auction for 10 more minutes after each consecutive bid: what that means is that if someone makes a last-minute bid, the time term of the auction is automatically extended by 10 more minutes, allowing anyone else to make their own bid and extend the auction for 10 minutes more, until someone places a bid which nobody will overbid within the 10-minute window. Thank you for your attention and let's start.
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hodlbananas
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July 02, 2015, 02:13:39 PM |
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Nice! Looking forward to (hopefully) winning this auction!
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krazey
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July 04, 2015, 04:06:31 AM |
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no bids yet? lol
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DuckAuctionWinner
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July 04, 2015, 04:43:48 PM |
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81 satoshi per XDN
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hodlbananas
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July 04, 2015, 09:13:12 PM |
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I have a question actually: do I have to make a deposit for my bid to be valid, or am I good?
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Xian_XDN (OP)
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DigitalNote: because you deserve privacy
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July 04, 2015, 10:06:29 PM |
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I have a question actually: do I have to make a deposit for my bid to be valid, or am I good?
Yes, you have to make a deposit for your bids to be valid, regardless of your conduct in the past auctions.
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hodlbananas
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July 05, 2015, 03:23:00 PM |
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OK, I've deposited the money, check your wallet. My next bid is 83.
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DuckAuctionWinner
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July 05, 2015, 04:00:59 PM |
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84 per XDN
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hodlbananas
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July 05, 2015, 05:19:20 PM |
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DuckAuctionWinner
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July 05, 2015, 05:53:21 PM |
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86 per XDN
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hodlbananas
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July 05, 2015, 06:23:25 PM |
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DuckAuctionWinner
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July 05, 2015, 06:59:46 PM |
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89 per XDN
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hodlbananas
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July 05, 2015, 07:20:50 PM |
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I bid 90.
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DuckAuctionWinner
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July 05, 2015, 08:01:22 PM |
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91 per XDN
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hodlbananas
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July 05, 2015, 08:29:36 PM |
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92
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hodlbananas
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July 05, 2015, 08:43:58 PM |
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Xian_XDN (OP)
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July 06, 2015, 10:41:28 AM |
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Hello everyone!
I wanted to point out a mistake in the OP: the end time for the auction was stated incorrectly for the UTC timezone. The EDT time is correct: 12 noon, and the correct time for UTC is 4PM, so the auction ends in 5 hours and 20 minutes.
If you still haven't made your bid, hurry before the auction ends.
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hodlbananas
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July 06, 2015, 12:45:20 PM |
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95
This is intense. I bid 96.
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DuckAuctionWinner
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July 06, 2015, 01:07:08 PM |
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For you. New offer 97 per XDN
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duplan
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July 06, 2015, 01:12:32 PM |
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Would be very cool if the lot sells at least +1 over the last one : Be XDN generous & Show Us Your Faith !
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hodlbananas
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July 06, 2015, 01:25:45 PM |
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For you. New offer 97 per XDN 98
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DuckAuctionWinner
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July 06, 2015, 01:43:27 PM |
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99 per XDN
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hodlbananas
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July 06, 2015, 03:05:58 PM |
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All right, this is my last bid, after which increasing the price for the not-so-big stake seems to be rather unreasonable: 100.
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DuckAuctionWinner
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July 06, 2015, 03:16:22 PM |
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All right, this is my last bid, after which increasing the price for the not-so-big stake seems to be rather unreasonable: 100.
Quit whining. 101
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TwinWinNerD
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CEO Bitpanda.com
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July 06, 2015, 03:59:53 PM |
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I bid 103sats/XDN
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TwinWinNerD
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July 06, 2015, 04:02:08 PM |
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Xian please confirm my win and contact me for further instructions via PM. Thanks!
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Xian_XDN (OP)
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July 06, 2015, 04:05:39 PM |
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Xian please confirm my win and contact me for further instructions via PM. Thanks!
Hello. According to the rule n.5 your bid has extended the auction for ten minutes, until 4:09:53 UTC. If nobody places a bid until that time, the lot will be yours.
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TwinWinNerD
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July 06, 2015, 04:08:07 PM |
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Xian please confirm my win and contact me for further instructions via PM. Thanks!
Hello. According to the rule n.5 your bid has extended the auction for ten minutes, until 4:09:53 UTC. If nobody places a bid until that time, the lot will be yours. I see, didn't see the new rule there. Thanks for the heads up
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DuckAuctionWinner
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July 06, 2015, 04:10:15 PM |
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104!!!
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TwinWinNerD
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July 06, 2015, 04:11:03 PM |
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105
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TwinWinNerD
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July 06, 2015, 04:22:29 PM |
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finally
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Xian_XDN (OP)
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July 06, 2015, 04:23:23 PM |
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All right, gentlemen. Since the 104 bid made by DuckAuctionWinner was placed after the ten-minute window, the lot goes to TwinWinNerD (again!) at a price of the last valid bid, which is 103 satoshi per XDN. Let's move the discussion to PM.
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duplan
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July 06, 2015, 06:19:40 PM |
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Very Good ! Now , those who did not win can still buy up half a dozen BTC of XDN all the way up to 100sats on Poloniex to sweeten the missed opportunity … or the winner might buy up that as well , to average a few sats down on the last one .
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ZenFr
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July 07, 2015, 08:19:36 AM |
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All right, gentlemen. Since the 104 bid made by DuckAuctionWinner was placed after the ten-minute window, the lot goes to TwinWinNerD (again!) at a price of the last valid bid, which is 103 satoshi per XDN. Let's move the discussion to PM.
Very good respect of rules : congratulation ! ... and congratulation too to the winner, of course :-)
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KylePleaseNotAgain
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July 08, 2015, 09:03:27 AM |
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Yo guys, nice work on the auction. It's a shame that I can't participate due to the lots being so big, but I'll still be watching this closely .
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ktfutura
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July 23, 2015, 02:37:15 AM |
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this is a fucking scam isn't it? all these newbie account bids.
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