Auction for a 5g pure gold bar until block 90,000

[grondilu]

1,100 BTC

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

[1715014369]

1715014369

[1715014369]

1715014369

[1715014369]

1715014369

[grondilu]

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]

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]

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]

So far, Loki leads with 1,100 BTC.

Don't wait the last minute to make your bid !

[FreeMoney]

1120BTC

[jorgen]

1150

[grondilu]

1150

jorgen leads at 1,150 BTC.

Anyone for 1,200 ?

[grondilu]

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]

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!

[grondilu]

Yes but bitcoin is at an all time high too!

Ahh,  please don't try to ruin my business

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

[FreeMoney]

Yes but bitcoin is at an all time high too!

Ahh,  please don't try to ruin my business

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

1200

[grondilu]

FreeMoney leads at 1,200 BTC

[TTBit]

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

[FreeMoney]

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

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

[grondilu]

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

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

[grondilu]

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]

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?

[grondilu]

where will irc bidding take place?

On freenode.  I'll create a channel.

[FreeMoney]

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

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.