[AUCTION] 150 direct ASICMINER shares

[alpet]

Intermediate auction results:


Bids with quantity bellow 10 are ignored.

[Rodyland]

10 @ 4.6

For transfer to burnside, using burnside as share escrow

[Entropy-uc]

36 @4.5

[alpet]

btct.co price for ASICMINER-PT now is 5.1BTC 
This sell-off with 13% discount

[Entropy-uc]

36 @ 4.5
25 @ 4.6

[Entropy-uc]

36 @ 4.5
25 @ 4.6

Lol late night here.  That really didn't make a lot of sense since my 4.6 bids would bump my 4.5s.

so revise to:

25 @ 4.6
11 @ 4.5

which is really the same as before.

[gotpetum]

Hi innovation, superduh, perhaps others,
The minimum is 10 shares and it looks like the price might be around 4.6. I only have about 20 BTC (4 shares worth) on me. What do you think about a mini group buy to get up to the order minimum? If interested, send me a PM.

Thanks!

[culexevilman]

Intermediate auction results:


Bids with quantity bellow 10 are ignored.

For my shares I will transfer to burnside, using burnside as share escrow, thanks.

[TheOrri]

10@4.6

[gotpetum]

10 @ 4.6

[alpet]

All 150 shares are bided. Top bids displace the worst.

[San1ty]

Euh, Why am I not on that list? I bid before most of them.

[Elokane]

Apologies for the useless post, but why would you sell for this price when it's so much higher (5+ now) on the btct?

[Rodyland]

Apologies for the useless post, but why would you sell for this price when it's so much higher (5+ now) on the btct?

It's an auction.  He's committed to sell at whatever price the auction arrives at.  That's how it works.

You could argue that he'd have been better off to transfer his shares to a PT and sell there, however that would require a) setting up an exchange account, b) transferring shares, c) selling shares over time to avoid depressing the price too much, d) withdrawing the funds.  If he values his time, privacy and a quick sale, an auction may make sense. 

That's how I see it anyway.

[TheOrri]

Apologies for the useless post, but why would you sell for this price when it's so much higher (5+ now) on the btct?

This would be true if you sold just a few shares. But in last few days more shares have been sold on this forum then the daily volume of btct. If everyone sold their shares there, the price would quickly drop somewhere near 3 btc. There's simply not enough liquitidy.

[alpet]

Euh, Why am I not on that list? I bid before most of them.

Sorry, it my carelessness. Now table updated:


Only 95 shares now available at 4.6BTC (replacing bids at 4.5)

[Blue777]

10@4.6

[velacreations]

35 @ 4.6

[Eric Muyser]

10 @ 4.6

[Zalfrin]

10 @ 4.6