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Author Topic: Auction for one DRDGold share until block 99,000  (Read 5814 times)
grondilu (OP)
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December 17, 2010, 09:14:53 AM
Last edit: December 23, 2010, 05:13:56 AM by grondilu
 #1

*** Edit:  THIS AUCTION HAS ENDED.    See end of thread.  ***

Ok after I've successfully sold one eBay share, I'm quite exited about all the possibilities of this.

I understand people prefer to buy shares of dividend paying companies.  Usually I don't sell this kind of shares.  But I've looked in my portfolio and I've found something.

I own 10 DRDGold shares.  I'm ok to sell one of them.   This company DOES pay dividends.

Last time I received dividends was on November, the 11th 2010.  I got ZAR 0.05 for my ten shares.  This was converted into EUR 0.05.

Good thing about bitcoin is that it will be easy to convert it into bitcoins, since we have much enough decimal precision.

So I'm selling one DRDGold share, with the same process than the one described on the eBay auction thread.  This will give me an opportunity to prove that I'm honnest since you should receive dividends within a year (I know it will be small with just one share, but we're just on the beginning of the bitcoin economy after all).  See this as a proof of concept if you want.



No starting price.  Auction will end at block 99,000.




PS.  Some info about DRDGold :
ISIN :             ZAE000058723
mnemo euronext :   MLDUR.PA

yahooquote MLDUR.PA :
MLDUR.PA   DRDGOLD   0.38   12/16/2010   Paris   

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Grant
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December 17, 2010, 09:40:33 AM
 #2

0.00001 BTC   Smiley
grondilu (OP)
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December 17, 2010, 09:43:02 AM
 #3

0.00001 BTC   Smiley

Grant initiates and leads the auction at 0.00001 BTC

bober182
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December 18, 2010, 06:00:12 PM
 #4

1 bitcoin for all 10

kiba
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December 18, 2010, 06:16:02 PM
 #5

2 BTC for one share.

S3052
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December 18, 2010, 08:14:16 PM
 #6

2.2 btc for 1 share

kiba
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December 18, 2010, 10:59:00 PM
 #7

2.22 for one share.  Wink

grondilu (OP)
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December 19, 2010, 12:37:11 AM
 #8

2.22 for one share.  Wink

kiba leads at 2.22 BTC

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December 19, 2010, 09:10:53 AM
 #9

2.23

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December 19, 2010, 09:11:20 AM
 #10

2.23

grondilu (OP)
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December 19, 2010, 09:12:22 AM
 #11

2.23

S3052 leads at 2.23 BTC



kiba
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December 19, 2010, 02:48:56 PM
 #12

2.24

grondilu (OP)
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December 19, 2010, 02:58:14 PM
 #13

2.24

kiba leads at 2.24 BTC

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December 19, 2010, 05:51:49 PM
 #14

2.25

kiba
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December 19, 2010, 06:04:56 PM
 #15

2.26

kiba
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December 19, 2010, 08:51:13 PM
 #16

2.28

grondilu (OP)
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December 20, 2010, 12:01:37 AM
 #17

2.26

kiba leads at 2.26 BTC

Grant
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December 20, 2010, 12:26:44 PM
 #18

2.30
grondilu (OP)
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December 20, 2010, 12:28:53 PM
 #19

2.30

Grant leads at 2.30

kiba
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December 20, 2010, 02:15:03 PM
 #20

2.31

grondilu (OP)
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December 20, 2010, 02:45:21 PM
 #21

2.31

kiba leads at 2.31 BTC

grondilu (OP)
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December 22, 2010, 12:23:12 PM
 #22


100 blocks left to go.

grondilu (OP)
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December 22, 2010, 09:49:01 PM
 #23



Only 35 blocks left.

It's late her and I'd like to get some sleep.

Is everone Ok if I close this auctionn now ?

(I'll take no answer in the next few blocks as a yes)

bober182
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December 22, 2010, 09:51:42 PM
 #24

IRC this one?

grondilu (OP)
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December 22, 2010, 09:55:19 PM
 #25

IRC this one?

I don't know.  I guess I should.

Does someone want an IRC for this auction ?

bober182
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December 22, 2010, 10:00:48 PM
 #26

Me and it seems there are several others in the channel.

grondilu (OP)
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December 22, 2010, 11:32:42 PM
 #27

This thread will be locked at block 98,990.

The auction will then continue on IRC until block 99,000.

It will be on freenode, #bitcoin-auction

http://webchat.freenode.net

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December 23, 2010, 05:15:48 AM
Last edit: December 23, 2010, 05:32:57 AM by grondilu
 #28

After an epic IRC battle one block before the end, Kiba wins the auction with 13 BTC.  Congratulations to him.

Thanks everyone.

Please notice I have an other auction for a gold coin that is currently running until block 100,000 :
http://bitcointalk.org/index.php?topic=2209.0

grondilu (OP)
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October 11, 2011, 02:21:22 PM
 #29

A dividend of 0.07€ will be detached soon.

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