[AUCTION] 20x Denarium 1 BTC Physical Bitcoin

[Technomage]

Newbies are fine. We are promoting the auction outside of Bitcointalk as well which means it is expected.

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[Pistachio]

A few newbies seem to want this coin. TechnoMage, will you accept bids made by newbies?

Newly created accounts bidding in auctions is a concern, but we will just have to trust OP at some point. A bigger concern is newbies taking on increased risk by bidding on a preorder sale. Is OP willing to accept escrow or other forms of payment (credit cards) for newbie accounts? I am sure this will increase the number of bids if OP agrees. 

1 @ .14

[minerjones]

A few newbies seem to want this coin. TechnoMage, will you accept bids made by newbies?

Newly created accounts bidding in auctions is a concern, but we will just have to trust OP at some point. A bigger concern is newbies taking on increased risk by bidding on a preorder sale. Is OP willing to accept escrow or other forms of payment (credit cards) for newbie accounts? I am sure this will increase the number of bids if OP agrees. 

1 @ .14

Credit cards for preorder auction. Oh geez.... this could be a disaster.

[Pistachio]

A few newbies seem to want this coin. TechnoMage, will you accept bids made by newbies?

Newly created accounts bidding in auctions is a concern, but we will just have to trust OP at some point. A bigger concern is newbies taking on increased risk by bidding on a preorder sale. Is OP willing to accept escrow or other forms of payment (credit cards) for newbie accounts? I am sure this will increase the number of bids if OP agrees. 

1 @ .14

Credit cards for preorder auction. Oh geez.... this could be a disaster.

Only if OP doesn't follow through.

[Mitchell]

Well, the newbies could be Technomage or someone else from the Denarium team assigned to drive up the auction price. Who knows.
[coin][member]@[price]
01 bigbeninlondon 0.4
02 Oinas @ 0.275
03 Oinas @ 0.275
04 zampsa_p @ 0.26
05 wttbs @ 0.25
06 wttbs @ 0.25
07 Mitchell @ 0.2
08 Pistachio @ 0.14
09 jyrkka @ 0.13
10 jyrkka @ 0.13
11 jyrkka @ 0.13
12 Hunyadi @ 0.13
13 i.o. @ 0.12
14 bithalo @ 0.11
15 ezeminer @ 0.11
16 miffman @ 0.11
17 miffman @ 0.11
18 minerjones @ 0.1
19 Pistachio @ 0.1
20 btctalk @ 0.1

[Technomage]

Bitcoin will be the only payment method and directly. I'd like to add though, that if someone wants to cancel their order in the future (for example if they don't like the way the actual coin looks compared to the current concept), we do give refunds.

[Mitchell]

Bitcoin will be the only payment method and directly. I'd like to add though, that if someone wants to cancel their order in the future (for example if they don't like the way the actual coin looks compared to the current concept), we do give refunds.

Oh, that is a pretty good clause to add, I just hope that people won't be abusing it. By the way, I didn't mean to insult you or your team in my previous message, as you guys have been doing excellent work and I'm really glad with the coins I bought. I just noticed that Oinas and zampsa_p made pretty high bids for an auction.

[Technomage]

I just noticed that Oinas and zampsa_p made pretty high bids for an auction.

Our communication channels are most extensive in Finland and around 40 % of Denarium sales thus far are to Finland. The Finnish guys don't use Bitcointalk that much, we have other forums & groups. It is likely that there will be a large amount of Bitcointalk newbies coming in from the Finnish community to bid for these coins.

I assure everyone we are not going to use our company's own people to artificially raise the auction prices. But unfortunately I can't prove that we don't, so you will have to take my word for it.

[Chris_Sabian]

I wish I could bid higher, but the shipping cost to the USA is way too high for me.  Unfortunately, I will not be bidding again.

I really like the coins though. 

[bigbeninlondon]

To confirm, all 20 coins will be sold at the 20th highest bid, correct?

For instance, I bid .4 for 1, so that I could be relatively sure I'd get one.  So for instance, the following is the most recent conglomeration (quoted as an example, not for accuracy)

01 bigbeninlondon 0.4
02 Oinas @ 0.275
03 Oinas @ 0.275
04 zampsa_p @ 0.26
05 wttbs @ 0.25
06 wttbs @ 0.25
07 Mitchell @ 0.2
08 Pistachio @ 0.14
09 jyrkka @ 0.13
10 jyrkka @ 0.13
11 jyrkka @ 0.13
12 Hunyadi @ 0.13
13 i.o. @ 0.12
14 bithalo @ 0.11
15 ezeminer @ 0.11
16 miffman @ 0.11
17 miffman @ 0.11
18 minerjones @ 0.1
19 Pistachio @ 0.1
20 btctalk @ 0.1

Right now, all 20 would be sold to these bidders for BTC0.1, since the lowest bid in the list is 0.1, correct?

[Technomage]

I wish I could bid higher, but the shipping cost to the USA is way too high for me.  Unfortunately, I will not be bidding again.

I really like the coins though. 

There is a group order possibility for US orders. We can combine the shipping so it will be more reasonable. This combining can be done from our side as well, as long as I get verification from all participants on how it should be done.

There is good possibilities to arrange this even after the auction as it will take a couple of months before we are shipping anything.

[Technomage]

To confirm, all 20 coins will be sold at the 20th highest bid, correct?

For instance, I bid .4 for 1, so that I could be relatively sure I'd get one.  So for instance, the following is the most recent conglomeration (quoted as an example, not for accuracy)

01 bigbeninlondon 0.4
02 Oinas @ 0.275
03 Oinas @ 0.275
04 zampsa_p @ 0.26
05 wttbs @ 0.25
06 wttbs @ 0.25
07 Mitchell @ 0.2
08 Pistachio @ 0.14
09 jyrkka @ 0.13
10 jyrkka @ 0.13
11 jyrkka @ 0.13
12 Hunyadi @ 0.13
13 i.o. @ 0.12
14 bithalo @ 0.11
15 ezeminer @ 0.11
16 miffman @ 0.11
17 miffman @ 0.11
18 minerjones @ 0.1
19 Pistachio @ 0.1
20 btctalk @ 0.1

Right now, all 20 would be sold to these bidders for BTC0.1, since the lowest bid in the list is 0.1, correct?

No, this is most definitely NOT how it works. Everyone will pay exactly the amount they bid. So the #1 bidder will likely pay significantly more than the #20 bidder. The top bidders get the lowest serials so those coins could arguably be worth more in the future.

[bigbeninlondon]

Ok, then I'd like to revise my bid to 2@.2

[bigbeninlondon]

Ok, then I'd like to revise my bid to 2@.2 each

Clarified

[Technomage]

Ok, then I'd like to revise my bid to 2@.2 each

Clarified

Accepted and no clarification needed. A bid of 2@.2 by definition means you are bidding for 2 coins, 0.2 bitcoins each.

[Technomage]

[coin][member]@[price]
01 bigbeninlondon 0.4
02 Oinas @ 0.275
03 Oinas @ 0.275
04 zampsa_p @ 0.26
05 wttbs @ 0.25
06 wttbs @ 0.25
07 Mitchell @ 0.2
08 Pistachio @ 0.14
09 jyrkka @ 0.13
10 jyrkka @ 0.13
11 jyrkka @ 0.13
12 Hunyadi @ 0.13
13 i.o. @ 0.12
14 bithalo @ 0.11
15 ezeminer @ 0.11
16 miffman @ 0.11
17 miffman @ 0.11
18 minerjones @ 0.1
19 Pistachio @ 0.1
20 btctalk @ 0.1

I would like to note that there is at least one error here. Pistachio can't have both a 0.14 bid and a 0.1 bid as he didn't put those bids up in the same post. His latest bid is .14 which was a single bid thus it overrides all previous bids.

[Mitchell]

You are correct Technomage, I fucked up. However, I don't have the time to fix the list right now. Sorry.

[Mitchell]

Nevermind my previous post. I fucked up so I should be the one to fix it. The current list is:
01 Oinas @ 0.275
02 Oinas @ 0.275
03 zampsa_p 1 @ 0.26
04 wttbs @ 0.25
05 wttbs @ 0.25
06 Mitchell @ 0.25
07 bigbeninlondon @ 0.2
08 bigbeninlondon @ 0.2
09 Pistachio @ 0.14
10 jyrkka @ 0.13
11 jyrkka @ 0.13
12 jyrkka @ 0.13
13 Hunyadi @ 0.13
14 i.o. @ 0.12
15 bithalo @ 0.11
16 miffman @ 0.11
17 miffman @ 0.11
18 btctalk @ 0.1
19 btctalk @ 0.1
20 RoadStress @ 0.1
This is the list of all the bids (which keeps in mind what TechnoMage just said):

Code:

wttbs 2 @ 0.25
Mitchell 1 @ 0.2
Chris_Sabian 5 @ .06
ezeminer 5 @ 0.07
bithalo 1@.11
btctalk 2 @ 0.1
zampsa_p 1 @ 0.26
RoadStress 3 @ 0.1
i.o. 1 @ .12
Perpetual Ascension 1 @ 0.05
minerjones 5 @ 0.1
jyrkka 3 @ 0.13
miffman 2 @ 0.11
Hunyadi 1 @ 0.13
Oinas 2 @ 0.275
Pistachio 1 @ .14 
bigbeninlondon 2 @ 0.2

This generated the following list:

Code:

Oinas @ 0.275
Oinas @ 0.275
zampsa_p 1 @ 0.26
wttbs @ 0.25
wttbs @ 0.25
Mitchell @ 0.25
bigbeninlondon @ 0.2
bigbeninlondon @ 0.2
Pistachio @ 0.14 
jyrkka @ 0.13
jyrkka @ 0.13
jyrkka @ 0.13
Hunyadi @ 0.13
i.o. @ 0.12
bithalo @ 0.11
miffman @ 0.11
miffman @ 0.11
btctalk @ 0.1
btctalk @ 0.1
RoadStress @ 0.1
RoadStress @ 0.1
RoadStress @ 0.1
minerjones @ 0.1
minerjones @ 0.1
minerjones @ 0.1
minerjones @ 0.1
minerjones @ 0.1
ezeminer @ 0.07
ezeminer @ 0.07
ezeminer @ 0.07
ezeminer @ 0.07
ezeminer @ 0.07
Chris_Sabian @ 0.06
Chris_Sabian @ 0.06
Chris_Sabian @ 0.06
Chris_Sabian @ 0.06
Chris_Sabian @ 0.06
Perpetual Ascension @ 0.05

.

[ezeminer]

I wish I could bid higher, but the shipping cost to the USA is way too high for me.  Unfortunately, I will not be bidding again.

I really like the coins though. 

There is a group order possibility for US orders. We can combine the shipping so it will be more reasonable. This combining can be done from our side as well, as long as I get verification from all participants on how it should be done.

There is good possibilities to arrange this even after the auction as it will take a couple of months before we are shipping anything.

Have no fear!

I am currently contacting a couple of people of shipping to the US, and getting the rates down a little.

With the help of bithalo and minerjones offering great advice.


USA/CANADA Group buy can be viewed here:
https://bitcointalk.org/index.php?topic=1218530.0

[bithalo]

I'd like to revise my bid to 1 @ 0.14

An I intend to jump in on the group buy, since I'm in the U.S.