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Author Topic: ASICMINER - 575 share auction  (Read 9244 times)
sveetsnelda
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May 19, 2013, 05:48:04 AM
 #1

I've owned a decent amount of shares since the IPO and it's time for me to sell some of them.  I'm still bullish about ASICMINER and will be buying shares back at some point, but I need to finance another project.  As a result, I'm selling half of them.

Minimum bid is 1.85 BTC
Minimum bid increment is 0.01 BTC
Minimum quantity is 10 shares (sorry, I would like to keep the paperwork burden on Friedcat down)

This auction will be done without escrow unless you want to pay the fees.  I haven't sold much on the forums, but I've been around a while.  Also, having Friedcat in control of the shares is essentially already an escrow anyways.  If I try to rob anyone in a public auction, Friedcat can simply transfer the shares.  Once again, if you'd like to use an escrow, I'm perfectly fine with it, but the fees are yours.

This auction ends on May 20th 2013 at 6:00 (UTC).  If bidding gets close at the last minute, I'll be going by forum timestamps.
Payment is expected within 36 hours of the auction's closing.

Approx. time left:


------------------------------------------------

Proof of ownership:

Address:
17cwakVj5tenMRfpSUYwp9Miz4qkNzVKun

Quote
I am the owner of 1150 ASICMINER shares.

Signature:
GxF606kPMgWt9Q64kz0MZGSpDc6Y5tSjp4lYje6DogLJSkMWMkYHP51Oux8onKncC7UT5wc2MQlCMik SDbWjMHM=

Email from Friedcat (I sold 71 shares to a friend since then, so 1150 are left):

14u2rp4AqFtN5jkwK944nn741FnfF714m7
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hl5460
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May 19, 2013, 05:53:52 AM
 #2

10@1.86

Just to get started.

crashoveride54902
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May 19, 2013, 07:12:31 AM
 #3

10@1.86

did i win yet? hehe

Dreams of cyprto solving everything is slowly slipping away...Replaced by scams/hacks Sad
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May 19, 2013, 07:53:56 AM
 #4

10 at 1.85

maybe if these auctions didn't end in the middle of the night I could keep up with the last-minute bidding...
sveetsnelda
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May 19, 2013, 08:17:53 AM
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maybe if these auctions didn't end in the middle of the night I could keep up with the last-minute bidding...

You've got a point.   :-/   I suppose I could have chosen a better time.  If previous bidders are okay with it, I suppose we could change the time (shorten it a few hours or extend it).

14u2rp4AqFtN5jkwK944nn741FnfF714m7
crashoveride54902
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May 19, 2013, 08:23:23 AM
 #6

maybe if these auctions didn't end in the middle of the night I could keep up with the last-minute bidding...

You've got a point.   :-/   I suppose I could have chosen a better time.  If previous bidders are okay with it, I suppose we could change the time (shorten it a few hours or extend it).

fine by me

Dreams of cyprto solving everything is slowly slipping away...Replaced by scams/hacks Sad
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May 19, 2013, 08:31:02 AM
 #7

maybe if these auctions didn't end in the middle of the night I could keep up with the last-minute bidding...

You've got a point.   :-/   I suppose I could have chosen a better time.  If previous bidders are okay with it, I suppose we could change the time (shorten it a few hours or extend it).

fine by me
same here

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May 19, 2013, 09:15:14 AM
 #8

I knew people couldn't edit posts in the auctions forum, but I figured the OP could still edit posts.  Apparently I can't.  I'll try to see if a mod can edit it for me to end the auction on May 22nd at 1:00 AM UTC (if it isn't against the rules).  This should put the auction ending in the evening for those in the US.  If it can't be edited, the original time still stands.

14u2rp4AqFtN5jkwK944nn741FnfF714m7
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May 19, 2013, 10:49:23 AM
 #9

10 @ 1.85
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May 19, 2013, 12:07:24 PM
 #10

10@1.86

"That’s all I know."
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May 19, 2013, 01:24:37 PM
 #11

10@1.87
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May 19, 2013, 02:50:42 PM
 #12

20 @ 1.85
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May 19, 2013, 03:56:20 PM
 #13

13 @ 1.85
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May 19, 2013, 04:10:08 PM
 #14

20 @ 1.85

"It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning."   - Henry Ford
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May 19, 2013, 04:22:09 PM
 #15

10 @ 1.85

huhai0978
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May 19, 2013, 05:19:57 PM
 #16

Are these shares the same as ASICMINER-PT?  Can they be traded on btct.co?
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May 19, 2013, 05:24:17 PM
 #17

Are these shares the same as ASICMINER-PT?  Can they be traded on btct.co?

They're direct shares, the same as btct.co except you need to transfer them to the exchange to trade.  Here are the instructions on how to transfer shares.

10 @ 1.85

huhai0978
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May 19, 2013, 05:37:49 PM
 #18

Are these shares the same as ASICMINER-PT?  Can they be traded on btct.co?

They're direct shares, the same as btct.co except you need to transfer them to the exchange to trade.  Here are the instructions on how to transfer shares.

10 @ 1.85

Then, why didn't he sell them on btct?
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May 19, 2013, 05:40:07 PM
 #19

10 @ 1.86
ThickAsThieves
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May 19, 2013, 05:41:52 PM
 #20

Then, why didn't he sell them on btct?

Because there aren't enough bids to support selling 575 shares on any of the exchanges, and doing so, even slowly, would depress the price quickly. Doing an auction allows for a better price, assuming market demand is there.
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