ASICMINER fixed price auction

[Jutarul]

changing bid for 100 shares per PM. March 02, 2013, 03:40:42 AM
to:
bid for 102 shares per PM. March 02, 2013, 03:40:42 AM

[Jutarul]

When do you expect friedcat to confirm?

Whenever he's awake & read his emails & and has time to browse the forum

what is bid vs reserve?

Some have requested a confirmation from friedcat first. Since this may take a day, I've put down the bid as a reserve, to indicate that it becomes a bid once friedcat confirms.

Also since some are confused what a reserve actually means. Let me define it:

A reserve is a bid, for which the 48 hour payment clock starts when friedcat has officially confirmed the validity this auction.

[Jutarul]

I am off to bed.

current state:
670 in bids, 131 in reserve
 
2472-670-131 = 1671 shares still available

[romantic1]

reserve 10 shares. My btc add: 13cgkKBYoqowba8PjqTACxqpqLuw2Hg11q (btc-e)

[luffy]

i sent pm. whenever the reserve is done i will sent the money

[VeeMiner]

I would like to reserve 22 shares, thank you

[El Cabron]

Interested but I would like to know who is being used for the escrow?

Thanks

[friedcat]

We confirm that Jutarul is indeed associated with the Bitcoin address 1KbAD8KU1u6uw6nHSJEYpdZfgQbNbTAkH2, which serves as his account. We also confirm that the corresponding share number to the address is enough for his auction.

[wisard]

I would like to buy 152 shares.

[Line]

Bid for 25 shares @ 0.5 BTC for a total of 12.5 BTC with address 1Ni19a9NPKoJcEYMwzaY5JYzJtgCMBmnME

[Line]

Bid for 25 shares @ 0.5 BTC for a total of 12.5 BTC with address 1Ni19a9NPKoJcEYMwzaY5JYzJtgCMBmnME

Requesting escrow as well

[wisard]

I would like to buy 152 shares.

I too would like to proceed with escrow.

[Jutarul]

back at the computer, processing the input... 17 Messages and a few auction posts.

Thanks, friedcat, for the quick confirmation! I consider all reserve as bids now and expect payment within 48 hours to finalize the deal.

I saw people requesting escrow. While I am usually a fan of escrow for purposes of finalizing a transaction for which the quality of the product can not be inspected at the time of purchase, it is unnecessary here for the following reason:
1) This auction is now offically confirmed by friedcat, so he is aware of the activity
2) You have PROOF of payment, because the transaction is directed towards the BTC address which is registered with friedcat (given you have the private key of the incoming BTC address). Also it's a fixed price auction, so the incoming BTC is proportional to the number of shares.

Hope that should clear things up.
I will process the requests now, put them into sequence and post another status update.

[Jutarul]

bid for 10 shares per PM. March 02, 2013, 05:50:30 AM

[Jutarul]

sorry, this was actually a forum bid:
bid for 10 shares per PM. March 02, 2013, 05:50:30 AM

[Jutarul]

bid for 40 shares per PM. March 02, 2013, 05:51:11 AM

[Jutarul]

bid for 20 shares per PM. March 02, 2013, 06:26:44 AM

[Jutarul]

bid for 50 shares per PM. March 02, 2013, 06:28:37 AM

[Jutarul]

bid for 29 shares per PM. March 02, 2013, 07:26:29 AM

[Jutarul]

bid for 24 shares per PM. March 02, 2013, 07:29:03 AM