[AUCTION] 50 direct ASICMINER shares (Starting bid is only 4.50 BTC!)

[El Cabron]

I would bet upper.
You are right about the time horizon: direct shares are not for day traders.
But I don't think that there is anything better to invest BTC in for the medium to long term

Then why sell?   

because I need some cash soon.
But as you can see these are only 20% of my ASICMINER shares

I was just kidding. And yeah, well all need that cash

[SimonL]

I offer to buy all 50 direct ASICMINER shares @ 4.6 BTC, on the condition the payment is put in escrow with John K (at my expense as per the auction conditions) until the shares are successfully transferred.

[zulover]

Hi what kind of payout do the shares give per share?


Thanks

[conspirosphere.tk]

I offer to buy all 50 direct ASICMINER shares @ 4.6 BTC, on the condition the payment is put in escrow with John K (at my expense as per the auction conditions) until the shares are successfully transferred.

John K as escrow is fine.

[conspirosphere.tk]

Hi what kind of payout do the shares give per share?


Thanks

yesterday's weekly payment has been 0.02405901 per share

https://bitcointalk.org/index.php?topic=99497.msg2796299#msg2796299

[SimonL]

Thanks, can I assume that my offer currently overrides plastyc's previous offer of 10@4.6?

[conspirosphere.tk]

I offer to buy all 50 direct ASICMINER shares @ 4.6 BTC, on the condition the payment is put in escrow with John K (at my expense as per the auction conditions) until the shares are successfully transferred.

John K as escrow is fine.

...but my responsibility and control end in asking to friedcat to perform the share transfer, so the escrow should be released with my proof of having done that (CCing my PM to Friedcat to John K). Even because otherwise the buyer could try to falsely negate to have received his shares and then John K would have to investigate following the share payments. But I am open to suggestions on this by John K or maybe even Goat.

[conspirosphere.tk]

Thanks, can I assume that my offer currently overrides plastyc's previous offer of 10@4.6?

no: when 2 offers are equal: first come, first served

[John (John K.)]

I offer to buy all 50 direct ASICMINER shares @ 4.6 BTC, on the condition the payment is put in escrow with John K (at my expense as per the auction conditions) until the shares are successfully transferred.

John K as escrow is fine.

...but my responsibility and control end in asking to friedcat to perform the share transfer, so the escrow should be released with my proof of having done that (CCing my PM to Friedcat to John K). Even because otherwise the buyer could try to falsely negate to have received his shares and then John K would have to investigate following the share payments. But I am open to suggestions on this by John K or maybe even Goat.

My standard escrow procedure for AM shares would be the release of funds after friedcat confirms the transfers directly via PM to me, or that the buyer confirms that he has got the PM from friedcat. The reason why would be to deter people 'overselling' shares as I've meet quite a few of them lately. Friedcat will always give a confirmation (and CC me) if you ask him to do so.

[conspirosphere.tk]

My standard escrow procedure for AM shares would be the release of funds after friedcat confirms the transfers directly via PM to me, or that the buyer confirms that he has got the PM from friedcat. The reason why would be to deter people 'overselling' shares as I've meet quite a few of them lately. Friedcat will always give a confirmation (and CC me) if you ask him to do so.

That's perfectly fine for me. Thanks

[SimonL]

I offer to buy all 50 direct ASICMINER shares @ 4.6 BTC, on the condition the payment is put in escrow with John K (at my expense as per the auction conditions) until the shares are successfully transferred.

John K as escrow is fine.

...but my responsibility and control end in asking to friedcat to perform the share transfer, so the escrow should be released with my proof of having done that (CCing my PM to Friedcat to John K). Even because otherwise the buyer could try to falsely negate to have received his shares and then John K would have to investigate following the share payments. But I am open to suggestions on this by John K or maybe even Goat.

It is a bit of a tricky situation, however my Bitcoin transaction is irreversible, I think John needs an assurance/notification from friedcat the shares have been (or at least are in the process of being) signed over. I will definitely notify John when friedcat emails me notification of the share transfer. Even better though would be if friedcat could cc john the notification I receive, I'd be happy with the funds being released then. If it is possible for friedcat to cc John then that should lessen the risk for both of us. If friedcat does not notify anyone regarding confirmation and no dividends have arrived in the address I nominate, then the escrow should be cancelled.

Thanks, can I assume that my offer currently overrides plastyc's previous offer of 10@4.6?

no: when 2 offers are equal: first come, first served

Understood, if friedcat can cc John the notification email I receive when the shares are transferred I offer to buy 50 shares @ 4.7BTC.

Just saw John's response, took the words out of my mouth ,

so, 50 @ 4.7 BTC?

[conspirosphere.tk]

so, 50 @ 4.7 BTC?

OK: 50 @ 4.7 BTC is now the highest bid for this auction.
The escrow by John K with his standard procedure is OK.

Timer removed. End time: 2013-07-28UTC

[conspirosphere.tk]

bump.
Last chance to make up your mind in 3 hours, 17 minutes.

[SimonL]

Since time is up I assume I am the last successful bidder.

According to our agreement I will Notify John to prepare for escrow payment.

[SimonL]

Escrow finalised and successful.

[conspirosphere.tk]

Thanks to SimonL and John K for the fast and smooth transaction