AUCTION - 8 rolls of new 0.5BTC Casascius Coins

[k99]

37,6 BTC for roll 1
35,1 BTC for any other available roll

[1714142627]

1714142627

[1714142627]

1714142627

[paulgruber]

38.5 for roll 1
36 for roll 2

and 35.5 for any other roll that follows (only 1 other roll - 2 rolls total)

[k99]

38,6 BTC for roll 1
35,1 BTC for any other available roll

[Otoh]

time test, will edit

[Otoh]

39 BTC for roll 1
35,5 BTC for any 2 other available rolls

[paulgruber]

39 for roll 1
36 for roll 2

35.5 for any other single roll (just 1 other roll - 2 rolls in total)

[k99]

39,1 BTC for roll 1
35,6 BTC for any other available roll

[paulgruber]

39.5 for roll 1
36 for roll 2

35.5 for any other single roll (just 1 other roll - 2 rolls in total)

[k99]

39,6 BTC for roll 1
35,6 BTC for any other available roll

[paulgruber]

40 for roll 1
36 for roll 2

35.7 for any other single roll (just 1 other roll - 2 rolls in total)

[k99]

40,1 BTC for roll 1
35,8 BTC for any other available roll

[paulgruber]

k99, do you mean for 35.8 for all other rolls available? please make it clear..

[1John8Lare]

finally i can reply to this topic


34.1 for any roll (only one)

[paulgruber]

 

[slakeco]

k99, do you mean for 35.8 for all other rolls available? please make it clear..

Good idea.

[k99]

40,1 BTC for roll 1
35,8 BTC for any other single available roll (1 roll)
2 rolls in total (nr. 1 + any)

[paulgruber]

thanks k99

[Melbustus]

I bid 40.0 each for any two rolls.

And I'm done bidding.

Mike, with all due respect, I think this auction format is sub-optimal. Obviously it incentivizes sniping, which is fine IFF it's an eBay style auction that will auto-increment against people's max bids, with a fixed end-time. But, since this auction has the 15-minute auction-extension component but no auto-incrementing, now bidders are incented to wait 15 minutes between each bid, and bid only the bid-increment over the last bid, which is just an annoying strategy to execute.

You're actually incenting me to write a little app to auto-post-execute the above strategy for me so I can get on with my day.

As implied, my time has value, which is why I'm throwing 40 up there, even though I may overpay. If the auction had auto-incrementing and a fixed end-time, you should see what happens on eBay, but without the irritating snipe-every-15mins component: everyone would just snipe their true maximum seconds before the end, and that'd be that. Same result for you, but a more time-efficient format for your customers.

I know this auction is effectively an experiment. Just hoping to provide some feedback for the next batch. Thanks again for producing these great coins, and all you've done for bitcoin in general.

[1John8Lare]

35,9 for any (only one)

Melbustus: +1

[k99]

i agree to Melbustus. hope its soon over :-)