[RESERVE AUCTION] 50,000 XRP (and decimal change) Ripple wallet

[TheButterZone]

The wallet:

rME4iXc1wzG47nbFd8yZ71n6qxrGmnpARE

Encrypted Reserve Amount (click here to learn how to decrypt when the pass is given at auction end):

Code:
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Auction Terms (should go without saying, but: if violated, negative feedback with risked BTC will be left)

• Bidding Currency: USD/United States Dollar.
• Starting Bid: $0.99 USD
• Payment Currency: BTC, equivalent to the winning bid.
• Auction Ends: 0000 UTC the day after the reserve amount is met/exceeded.
  There will be no warning before the end, so click 'notify' to enable notification of new replies for this topic & check your email inbox/spam/trash folders for notifications.
• Payment Deadline: 8 hours from the time I PM my payment addresses (SegWit or standard, your choice) at auction end.
• Late Payment Penalty: Negative feedback, which will be removed after you pay 2x the amount of your winning bid's BTC equivalent.
• I reserve the right to end this auction in case of my own incompetence, without liability for anyone, except...
• If you reply to this auction topic with something along the lines of "use an exchange" (in other words, "commit economic suicide"), you agree to receive & NOT complain about my negative trust rating of 21 million BTC (the amount to eventually be lost to economic suicides?) with this topic as reference URL showing you agreed to this. My rating will not be removed until you pay me the exact amount I lost when I did use an exchange - BTC1.84915808 - the only non-trivial loss of BTC I've ever suffered.

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[dillpicklechips]

Just want to get some clarifications. You are auctioning your 50000 XRP with a starting price of $0.99 each? Or $0.99 with the whole XRP?

[TheButterZone]

Just want to get some clarifications. You are auctioning your 50000 XRP with a starting price of $0.99 each? Or $0.99 with the whole XRP?

The reserve amount is what you will pay for the whole 50,000 (and decimal change), not the price for each.

I would have put $0.99 USD/XRP if my reserve amount was also denominated as $x USD/XRP.

I don't really want to lock or move topic>edit>move back before the first bid, so this auction might take a loooong time if people don't read.

[dillpicklechips]

Just want to get some clarifications. You are auctioning your 50000 XRP with a starting price of $0.99 each? Or $0.99 with the whole XRP?

The reserve amount is what you will pay for the whole 50,000 (and decimal change), not the price for each.

I would have put $0.99 USD/XRP if my reserve amount was also denominated as $x USD/XRP.

I don't really want to lock or move topic>edit>move back before the first bid, so this auction might take a loooong time if people don't read.

Chill out. I'm interested and just asking to confirm if my understanding is correct. If you don't mind me asking, why don't you just sell it in a trading platform? Just ignore my question if you don't mind sharing it.
I'll bid $0.99 for the whole 50,000 XRP.

[dillpicklechips]

I think I get it. Just read the red words. Sorry if I'm a bit air headed right now.

[Quickseller]

I bid $10,000 for 50,000 XRP under the following conditions:

• My bid expires 72 hours from the date of this post -- I believe the terms of the auction are such that this will not matter
• The payment deadline is extended to 24 hours from the time a payment address is provided -- I expect to be able to pay well within your 8 hour window, however I do have work during the day, and I cannot guarantee I will be in a position to pay you within 8 hours depending on the timing
• We either use a mutually agreed upon escrow, or you send first -- I will cover any applicable escrow fees. I would agree to Blazed or OgNasty, I believe both of which have sufficient reputation to handle a trade of this magnitude

If you do not agree to the above stipulations, my bid is invalid.