[2 days]: [100 direct ASICMINER shares]

[bcpokey]

Someone update list, im confused

It isn't that confusing, this is not official but unofficially the list would look like so:

User   Shares   Price   Shares left
chaxattack   15   1.30   85
tier             5     1.28  80
nathaniel    50     1.22 30
julz             4     1.22 26
nagnagnag2   5   1.20   21
fhh   20   1.20   1
diotime   5(1)   1.20   0

I guess julz 4 bid is a little confusing. Newer 1.2 bids knocked out by higher bids.

[phr33]

Code:

User        Shares  Price  Shares left   
--------------------------------------
chaxattack    15    1.30    85  
Ties42        5     1.28    80  
Nathaniel B   50    1.22    30  
nagnagnag2    5     1.20    25  
fhh           20    1.20    5  
diotime       5     1.20    0  
--------------------------------------  
btc6000       5     1.20    0  
pangu         5     1.20    0  
wonko         5     1.20    0  
superduh      5     1.20    0  

[phr33]

4 @ 1.22

Invalid bid as the bid must be for at least 5 shares.

My idea was actually "even multipliers of 5", but I wasn't 100% clear on that. Try to stick to that if possible. Thanks.

[phr33]

Hi I am new to this how do I bid for 100 shares?

You bid by posting a message in this thread with the format

number of chares @price per share

e.g. to buy all 100 shares for BTC1.50:

100 @ 1.50


Or any format that can't be misinterpreted will pretty much do 

And yes, please note that bids are binding. Moderators will supervise and take action (tag as scammer etc) on those who place false bids or otherwise interrupt the bidding process. So please think it through before placing a bid.

Only about 5 hours left!

[julz]

4 @ 1.22

Invalid bid as the bid must be for at least 5 shares.

My idea was actually "even multipliers of 5", but I wasn't 100% clear on that. Try to stick to that if possible. Thanks.

Sorry - please update to 5 - thanks!

[phr33]

Thanks

Code:

User        Shares  Price  Shares left   
--------------------------------------
chaxattack    15    1.30    85  
Ties42        5     1.28    80  
Nathaniel B   50    1.22    30  
julz          5     1.22    25
nagnagnag2    5     1.20    20  
fhh           20    1.20    0  
--------------------------------------  
diotime       5     1.20    0  
btc6000       5     1.20    0  
pangu         5     1.20    0  
wonko         5     1.20    0  
superduh      5     1.20    0  

[superduh]

5@1.23

[phr33]

Thanks

Code:

--------------------------------------
chaxattack    15    1.30    85  
Ties42        5     1.28    80  
superduh      5     1.23    75
Nathaniel B   50    1.22    25  
julz          5     1.22    20
nagnagnag2    5     1.20    15  
fhh           20*   1.20    0    *Only 15 valid
--------------------------------------  
diotime       5     1.20    0  
btc6000       5     1.20    0  
pangu         5     1.20    0  
wonko         5     1.20    0    

[phr33]

Oops, lost the header 

Code:

User        Shares  Price  Shares left   
--------------------------------------
chaxattack    15    1.30    85  
Ties42        5     1.28    80  
superduh      5     1.23    75
Nathaniel B   50    1.22    25  
julz          5     1.22    20
nagnagnag2    5     1.20    15  
fhh           20*   1.20    0    *Only 15 valid
--------------------------------------  
diotime       5     1.20    0  
btc6000       5     1.20    0  
pangu         5     1.20    0  
wonko         5     1.20    0  

[diotime]

10@1.22

[phr33]

Code:

User        Shares  Price  Shares left   
--------------------------------------
chaxattack    15    1.30    85  
Ties42        5     1.28    80  
superduh      5     1.23    75
Nathaniel B   50    1.22    25  
julz          5     1.22    20
diotime       10    1.22    10  
nagnagnag2    5     1.20    5  
fhh           20*   1.20    0    *Only 5 valid
--------------------------------------  
btc6000       5     1.20    0  
pangu         5     1.20    0  
wonko         5     1.20    0  

[phr33]

Note that any bid is considered a new bid, unless explicitly stated that it replaces an old bid.
It's of course of less importance if the old bid has been outbid (is outside of the 100 offered shares)

[phr33]

10@1.22

I took the liberty to interpret this as a replacement of your old bid. Your old bid was outbid, but could in theory be brought back if anyone above it fails to deliver.

Please let me know if you want your bid at 1.20 to remain as well. It should not matter, but anyway...

[diotime]

10@1.22

I took the liberty to interpret this as a replacement of your old bid. Your old bid was outbid, but could in theory be brought back if anyone above it fails to deliver.

Please let me know if you want your bid at 1.20 to remain as well. It should not matter, but anyway...

Yes, that's ok. My total bid is 10@1.22.

[diotime]

I have a question : What is the process to sell back shares later, if I decide to ? How will i prove to Asicminer to be the owner ?

[JaredR26]

I have a question : What is the process to sell back shares later, if I decide to ? How will i prove to Asicminer to be the owner ?

The shares you own are controlled by Friedcat; he maintains the central and authorative list.  They are tied to a bitcoin address that you give him.

To transfer them to someone else, you just PM him; If needed, you sign the message with bitcoin-qt and the address you control.

That's all there is to it.  As far as friedcat is concerned, they are just transfers from one person to another.  The escrowing, sales, bidding, and even the markets on the passthrough's are all separate from him and Asicminer.

[phr33]

I have a question : What is the process to sell back shares later, if I decide to ? How will i prove to Asicminer to be the owner ?

The shares you own are controlled by Friedcat; he maintains the central and authorative list.  They are tied to a bitcoin address that you give him.

To transfer them to someone else, you just PM him; If needed, you sign the message with bitcoin-qt and the address you control.

That's all there is to it.  As far as friedcat is concerned, they are just transfers from one person to another.  The escrowing, sales, bidding, and even the markets on the passthrough's are all separate from him and Asicminer.

Yes, thanks.

And I guess if problem arises, an ultimate sign of ownership could be provided by sending a requested amount of satoshis FROM the address registered to some shares. I'm not sure if Friedcat has ever had to fall back on this, but it should be possible.

[diotime]

Ok, thanks for the reply.

[skidelo]

10@1.20

[phr33]

10@1.20

Invalid bid

Sorry, there is no shares available at 1.20. Smallest increment is 0.02 -> You must bid 1.22 or more to get any shares at the moment.