[AUCTION] - 10 ASICMINER Shares

[eltonjock]

Also, will the winners receive tomorrow's dividend if they pay before midnight?

[wonko]

Also, will the winners receive tomorrow's dividend if they pay before midnight?

Yes if you complete the payment before the dividend is issued I will forward it to you

[wonko]

Only 2 hours left!

Code:

dc81           3.05    1
eltonjock      3.05    1
bittommie      3.0     1
innovation     3.0     3
whirlpool      3.0     3
agibby5        3.0     1

--------Lost -----------------
agibby5        3.0     1

[chriswilmer]

I'll get two shares at 3.1, but someone has to tell me how to escrow with John K... this is my first direct share purchase
(sorry for being a noob)

[wonko]

I'll get two shares at 3.1, but someone has to tell me how to escrow with John K... this is my first direct share purchase
(sorry for being a noob)

No problem, I can initiate the escrow with John K. for you, keep in mind you'll also have to pay the escrow fee if you don't want to pay to me directly.

udpated list:

Code:

chriswilmer    3.1     2
dc81           3.05    1
eltonjock      3.05    1
bittommie      3.0     1
innovation     3.0     3
whirlpool      3.0     2

--------Lost -----------------
whirlpool      3.0     1
agibby5        3.0     2

[chriswilmer]

I'll get two shares at 3.1, but someone has to tell me how to escrow with John K... this is my first direct share purchase
(sorry for being a noob)

No problem, I can initiate the escrow with John K. for you, keep in mind you'll also have to pay the escrow fee if you don't want to pay to me directly.

udpated list:

Code:

chriswilmer    3.1     2
dc81           3.05    1
eltonjock      3.05    1
bittommie      3.0     1
innovation     3.0     3
whirlpool      3.0     2

--------Lost -----------------
whirlpool      3.0     1
agibby5        3.0     2

How much is the fee? (if there is a link you could point me to where I can read instead of asking dumb questions, let me know!)

[chriswilmer]

Also, how is the share actually transferred? Do I need to provide a bitcoin address?

[wonko]

Also, how is the share actually transferred? Do I need to provide a bitcoin address?

Yes you provide me your bitcoin address and email address and I'll email those to friedcat who will perform the actual transfer, from then on you'll see the dividends pop into your address every week

[chriswilmer]

OK, great. Yup, initiate the escrow with John K... thanks!

[wonko]

Yay auction is complete! Everyone please send your payments to: 1AiAM2q1VHbRy1L4RE8n9uMh6bxDm9E9Jd

and then PM me the following: Transaction ID, your email address, and the address you wish to receive shares with.  If I receive payment before the dividend is issued then I will forward it to your payment address.  I'll wait until everyone has paid and then send the transfers to friedcat and alert you when the transfer is complete.

Thanks!

Final trasactions:

Code:

USER           PRICE   NUM   AMOUNT TO PAY
chriswilmer    3.1     2     6.2
dc81           3.05    1     3.05
eltonjock      3.05    1     3.05
bittommie      3.0     1     3.0
innovation     3.0     3     9.0
whirlpool      3.0     2     6.0

--------Lost -----------------
whirlpool      3.0     1
agibby5        3.0     2

[chriswilmer]

I'm still not understanding how this escrow works...

[eltonjock]

Is there any way to get these shares confirmed by friedcat before we send payment?

[wonko]

Is there any way to get these shares confirmed by friedcat before we send payment?

I'll send him a PM to respond here. 

[JordanL]

I'll get two shares at 3.1, but someone has to tell me how to escrow with John K... this is my first direct share purchase
(sorry for being a noob)

No problem, I can initiate the escrow with John K. for you, keep in mind you'll also have to pay the escrow fee if you don't want to pay to me directly.

udpated list:

Code:

chriswilmer    3.1     2
dc81           3.05    1
eltonjock      3.05    1
bittommie      3.0     1
innovation     3.0     3
whirlpool      3.0     2

--------Lost -----------------
whirlpool      3.0     1
agibby5        3.0     2

How much is the fee? (if there is a link you could point me to where I can read instead of asking dumb questions, let me know!)

I'm still not understanding how this escrow works...

https://bitcointalk.org/index.php?topic=141672.0

Fee is 1.5%.

Very simple; basically after you and the seller have agreed on price, JohnK will send you each the contract to agree on. Once you have, you will send the Bitcoins to the address provided by John. After you get the message from friedcat confirming that the shares have been transferred to your Bitcoin address, you send a message to John requesting that he release the funds to the seller.

[chriswilmer]

Incidentally, how is it possible for Friedcat to manage all of these direct share exchanges? Aren't there 200,000+ outstanding shares? If *only* 1000 people are trading direct shares every day, that's completely impossible for a human to handle manually.

[wonko]

Is there any way to get these shares confirmed by friedcat before we send payment?

Also you can wait until the dividend is issued tomorrow and see that it is paid to my account

[chriswilmer]

I'll get two shares at 3.1, but someone has to tell me how to escrow with John K... this is my first direct share purchase
(sorry for being a noob)

No problem, I can initiate the escrow with John K. for you, keep in mind you'll also have to pay the escrow fee if you don't want to pay to me directly.

udpated list:

Code:

chriswilmer    3.1     2
dc81           3.05    1
eltonjock      3.05    1
bittommie      3.0     1
innovation     3.0     3
whirlpool      3.0     2

--------Lost -----------------
whirlpool      3.0     1
agibby5        3.0     2

How much is the fee? (if there is a link you could point me to where I can read instead of asking dumb questions, let me know!)

I'm still not understanding how this escrow works...

https://bitcointalk.org/index.php?topic=141672.0

Fee is 1.5%.

Very simple; basically after you and the seller have agreed on price, JohnK will send you each the contract to agree on. Once you have, you will send the Bitcoins to the address provided by John. After you get the message from friedcat confirming that the shares have been transferred to your Bitcoin address, you send a message to John requesting that he release the funds to the seller.

Thanks the explanation!

+tip Iwishtipsworkedherelikeonreddit 5 mBTC

[JordanL]

Incidentally, how is it possible for Friedcat to manage all of these direct share exchanges? Aren't there 200,000+ outstanding shares? If *only* 1000 people are trading direct shares every day, that's completely impossible for a human to handle manually.

friedcat is (by now at least) likely a team of people, rather than just one. They do have quite the work load with all these share transfers, which is why it can take between 2 and 5 days to get confirmation of your transfer after the request is put in.

[JordanL]

I'll get two shares at 3.1, but someone has to tell me how to escrow with John K... this is my first direct share purchase
(sorry for being a noob)

No problem, I can initiate the escrow with John K. for you, keep in mind you'll also have to pay the escrow fee if you don't want to pay to me directly.

udpated list:

Code:

chriswilmer    3.1     2
dc81           3.05    1
eltonjock      3.05    1
bittommie      3.0     1
innovation     3.0     3
whirlpool      3.0     2

--------Lost -----------------
whirlpool      3.0     1
agibby5        3.0     2

How much is the fee? (if there is a link you could point me to where I can read instead of asking dumb questions, let me know!)

I'm still not understanding how this escrow works...

https://bitcointalk.org/index.php?topic=141672.0

Fee is 1.5%.

Very simple; basically after you and the seller have agreed on price, JohnK will send you each the contract to agree on. Once you have, you will send the Bitcoins to the address provided by John. After you get the message from friedcat confirming that the shares have been transferred to your Bitcoin address, you send a message to John requesting that he release the funds to the seller.

Thanks the explanation!

+tip Iwishtipsworkedherelikeonreddit 5 mBTC

Cheers, happy to have helped.   

[innovation]

friedcat has not confirmed your shares's information.