[AUCTION] 20 ASICMINER Shares, starting bid 2.3 BTC, 5 shares minimum lot.

[davos]

Yeah yeah ... 10 of those.

twolifeinexile hasn't commented on this yet so just to clarify (for either you or myself), but I believe the minimum bid increment per OP is BTC0.05 - please correct me if I'm wrong.

[twolifeinexile]

Yes, the rule is minimum increment of 0.05, so any bid is rounded to nearest 0.05 (lower end).
So for example, I will treat 2.51 bid as bid of 2.50 and only ask for payment at 2.50 if they win,
And earlier bid at 2.50 takes precedence.

Thanks for bidding.

[davos]

Yes, the rule is minimum increment of 0.05, so any bid is rounded to nearest 0.05 (lower end).
So for example, I will treat 2.51 bid as bid of 2.50 and only ask for payment at 2.50 if they win,
And earlier bid at 2.50 takes precedence.

Thanks for bidding.

In which case, to make things a bit simpler - my read on the auction is as follows:

Code:

bidder     |      shares      |      bid
---------------------------------------------
qukkM      |      10(/10)     |      2.55
davos      |      10(/20)     |      2.45

   

[davos]

Yes, the rule is minimum increment of 0.05, so any bid is rounded to nearest 0.05 (lower end).
So for example, I will treat 2.51 bid as bid of 2.50 and only ask for payment at 2.50 if they win,
And earlier bid at 2.50 takes precedence.

Thanks for bidding.

In which case, to make things a bit simpler - my read on the auction is as follows:

Code:

bidder     |      shares      |      bid
---------------------------------------------
qukkM      |      10(/10)     |      2.50
wo0x       |      10(/10)     |      2.50
---------------------------------------------
davos      |      20/20       |      2.45

   

sorry - edited. 2.5 for qukkM - truly un-intentional typo.

[twolifeinexile]

... and 5 of those are outbid yet.

Yeah yeah ... 10 of those.

wo0x, could you clarify? You mean you are bidding for 10 shares at price 2.51, right?( I'd mark it as bid 10 shares at 2.50 according to my 0.05 BTC minimum increment rule)

[twolifeinexile]

The auction will close in less than about 2hrs. At current standing, I am waiting wo0x to clearify he is bidding 5 shares or 10 shares.

Assuming wo0x is bidding 10 shares, then the current winning bids are:
1. qukkM     10 shares   at 2.50BTC/ASICMINER
2. wo0x       10 shares   at 2.50BTC/ASICMINER

Assuming wo0x is bidding 5 shares, then the current winning bids are:
1. qukkM     10 shares   at 2.50BTC/ASICMINER
2. wo0x       10 shares   at 2.50BTC/ASICMINER
3. davos      5 shares

[twolifeinexile]

The auction will close in less than about 2hrs. At current standing, I am waiting wo0x to clarify he is bidding 5 shares or 10 shares.

Assuming wo0x is bidding 10 shares, then the current winning bids are:
1. qukkM     10 shares   at 2.50BTC/ASICMINER
2. wo0x       10 shares   at 2.50BTC/ASICMINER

Assuming wo0x is bidding 5 shares, then the current winning bids are:
1. qukkM     10 shares   at 2.50BTC/ASICMINER
2. wo0x       5 shares   at 2.50BTC/ASICMINER
3. davos      5 shares     at 2.45BTC/ASICMINER

Sorry, hit the reply early, so just re-post.
After the auction close, please pay me to the BTC address in my original post, if you want to escrow, please also let me know who you will use and I reserve the right to change to another escrow I trust if I feel uncomfortable with the selected escrow. 

!!!IMPORTANT!!! please state you assigned share receiving address in this thread or PM. Make sure you have access to the private key of the address. It is better you pay me directly using a BTC address you own and I will send the shares to the address you payed me from, thus we both have direct evidence of trading.
 
If the BTC are not received within 72 hours, the bid becomes invalid.

The moment payment is received is treated as share ownership changed, so if in any case friedcat delayed transfer and I received dividend after the payment, I will also forward the dividend to the respective address.

Let me know if you have any other questions.

[davos]

I'm still following the thread, but let me know via PM if the leading bids time out / have other issues and I'll be pretty quick about it. If you fall back to me for any shares I'll be requesting JohnK for escrow and will cover the tip. Thanks.

[Pierre]

20 @ 2.55

[ThrillHou]

I'll take 5 at 2.6

 

[Pierre]

noooooo

[wo0x]

Go0d morning from Germany,

I had some sleep inbetween so I missed the discussion, but

1. bid in an increment of 5 shares.

means, I have to bid for 5 or 10 or 15 or all 20.

2. minimum increment per bid is 0.05 BTC,

means, I have to bid more than .05 one a proper amount (5,10,15,20). More than 0.05 is like 0.06 or even 0.0724122 ...

I raise my bid from 5@2.51 to  5 @ 2.6 just in case. But I want a moderator to judge this. It might be I have just bad english, but the auction conditions seemed clear to me before.

[Pierre]

He meant the amount must be divisible by 0.05

[wo0x]

So why he did not write so?

[Pierre]

So I think we got

wo0x 5 @ 2.60
ThrillHou 5 @ 2.60
Pierre 10 @ 2.55

amirite?

[Pierre]

So why he did not write so?

It's just one of those quirks of English I know you Germans like to be very precise

[twolifeinexile]

The auction concluded. Thanks for everyone.
As the original post start at May 23, 2013, 04:21:42 AM for a one week auction, that last valid bid is from wo0x at Today at 04:21:17 AM

 (Good timing for wo0x last reply  )

The winning bids are:

1.ThrillHou 5 @ 2.60
2.wo0x 5 @ 2.60
3.Pierre 10 @ 2.55

Please see my instructions on payment:
After the auction close, please pay me to the BTC address in my original post, if you want to escrow, please also let me know who you will use and I reserve the right to change to another escrow I trust if I feel uncomfortable with the selected escrow. 

!!!IMPORTANT!!! please state you assigned share receiving address in this thread or PM. Make sure you have access to the private key of the address. It is better you pay me directly using a BTC address you own and I will send the shares to the address you payed me from, thus we both have direct evidence of trading.
 
If the BTC are not received within 72 hours, the bid becomes invalid.

The moment payment is received is treated as share ownership changed, so if in any case friedcat delayed transfer and I received dividend after the payment, I will also forward the dividend to the respective address.

Let me know if you have any other questions.

[Pierre]

Payment sent: 25.5 BTC to 1M5oF6spvZpz9NK233D3MDkMF1PM7kkWzd

Please send dividends to 1MtiCKCuoBz9m7CM2Y2URFbgnN6eF83puZ

[wo0x]

I wait for some well recognized to confirm the interpretation of the auctions conditions, because I prefer the auction to end without my last hustle bid.

ThrillHou 5 @ 2.60
Pierre 10 @ 2.55
wo0x 5 @ 2.51

I don't know this forum too much, and especially that case excites a bit. whom will be asked to judge or mediate such issue?

Got to prepare some breakfast for the family now, so I'll be back in 2 hours or so.

[wo0x]

(Good timing for wo0x last reply  )

Sure, I woke up 6:11 or so