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Author Topic: Auction for a 5g pure gold bar until block 90,000  (Read 5621 times)
grondilu
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November 02, 2010, 08:42:41 PM
 #21

1,100 BTC Smiley

I don't feel comfortable accepting a bid if there is a smiley aside to it.

Please confirm.

Edit.  Ahh it's ok.  I don't know why I wrote that.  Your bid is accepted.

Loki leads at 1,100 BTC
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grondilu
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November 02, 2010, 09:03:18 PM
 #22


I'm considering organizing an IRC meeting just before we reach 90,000.

Indeed if many people try to put a bid here just before the end, it could be messy and unfair, since some orders will be delayed.  And a forum is not designed to do real time conversations, anyway.

So what I am planning to do is to lock this thread at about block 89,900, and then open an IRC channel on #freenode.

My IRC login name is password protected, so it should be alright.
grondilu
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November 02, 2010, 09:17:36 PM
 #23

If, for some reason, I can't be online at the 90,000th block,  if I'm not on IRC either and if this thread is still open, then you will be able to post some bids until I wake up or get connected.  It should not be long.  I will then immediately lock the thread and the highest bid will be the winner, even if it was actually posted after 90,000.

Is that Ok with everyone ?
Loki
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November 02, 2010, 09:52:10 PM
 #24

If, for some reason, I can't be online at the 90,000th block,  if I'm not on IRC either and if this thread is still open, then you will be able to post some bids until I wake up or get connected.  It should not be long.  I will then immediately lock the thread and the highest bid will be the winner, even if it was actually posted after 90,000.

Is that Ok with everyone ?


Sounds good to me.
grondilu
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November 04, 2010, 03:57:53 PM
 #25



So far, Loki leads with 1,100 BTC.

Don't wait the last minute to make your bid !
FreeMoney
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November 04, 2010, 04:00:02 PM
 #26

1120BTC

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jorgen
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November 04, 2010, 04:11:23 PM
 #27

1150
grondilu
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November 04, 2010, 04:17:09 PM
 #28

1150

jorgen leads at 1,150 BTC.

Anyone for 1,200 ?
grondilu
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November 04, 2010, 09:18:48 PM
 #29


Gold is almost at 1,400$/once right now.   You still have a few blocks left to have a chance to get 5g of gold for 1,200 BTC only !


Don't delay too much before you send me your bid.


Edit.
Also, let me remind you that according to bitcoinwatch.com, one gram of gold worth 478$.  That means that 1,200$ for one gram is about 50% below the official price !  Go for it !
FreeMoney
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November 04, 2010, 09:25:08 PM
 #30



Gold is almost at 1,400$/once right now.   You still have a few blocks left to have a chance to get 5g of gold for 1,200 BTC only !


Don't delay too much before you send me your bid.


Yes but bitcoin is at an all time high too!

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grondilu
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November 04, 2010, 09:29:31 PM
 #31


Yes but bitcoin is at an all time high too!

Ahh,  please don't try to ruin my business Wink

Still, 1,500 BTC or even 2,000 BTC wouldn't be outrageous.
FreeMoney
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November 04, 2010, 11:53:23 PM
 #32


Yes but bitcoin is at an all time high too!

Ahh,  please don't try to ruin my business Wink

Still, 1,500 BTC or even 2,000 BTC wouldn't be outrageous.


1200

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grondilu
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November 05, 2010, 12:22:25 AM
 #33

FreeMoney leads at 1,200 BTC
TTBit
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November 05, 2010, 05:51:56 PM
 #34

you should charge 1 btc per bid, whether it wins or not Wink

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FreeMoney
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November 05, 2010, 06:06:21 PM
 #35

you should charge 1 btc per bid, whether it wins or not Wink

And force people to bid in increments of 0.2 ;-)

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grondilu
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November 05, 2010, 07:27:58 PM
 #36

you should charge 1 btc per bid, whether it wins or not Wink

I doubt it would change anything.  It would not discourage dishonnest bidders, while annoying the honnest ones.  Imo.
grondilu
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November 05, 2010, 07:47:11 PM
 #37

Less than 200 blocks left, which should be less than 24 hours.

I will probably start the IRC bidding around block number 89,950

Again, so far FreeMoney leads at 1,200 BTC.  Anyone for 1,300 BTC ?
nanotube
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November 05, 2010, 08:11:09 PM
 #38

Less than 200 blocks left, which should be less than 24 hours.

I will probably start the IRC bidding around block number 89,950

Again, so far FreeMoney leads at 1,200 BTC.  Anyone for 1,300 BTC ?


where will irc bidding take place?

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grondilu
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November 05, 2010, 08:36:09 PM
 #39

where will irc bidding take place?


On freenode.  I'll create a channel.
FreeMoney
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November 05, 2010, 09:27:38 PM
 #40

you should charge 1 btc per bid, whether it wins or not Wink

I doubt it would change anything.  It would not discourage dishonnest bidders, while annoying the honnest ones.  Imo.


There is a site(s) that charge per bid and force you to only bid in tiny increments. TVs and stuff go for 1/2 price or less sometimes, but the site makes 10x on each item because of all the tiny fees. It's kind scammy, but pretty clever.

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