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Author Topic: Auction of 50 ASICMiner shares 24h auction  (Read 4253 times)
jwest411
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August 25, 2013, 08:13:40 PM
 #21

I'm pretty sure the clock ended at 8:00 auction time directly after Andy's bid
tinus42
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August 25, 2013, 08:15:41 PM
 #22

I'll up mine to

29@2.30000001

In case the three post wonder guy bidding over market isn't for real.

I didn't know n00bs with less than 5 posts could post in the Auctions forum. Shocked
SmiGueL
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August 25, 2013, 08:24:13 PM
 #23

I'm pretty sure the clock ended at 8:00 auction time directly after Andy's bid

The clock isn't binding, i've seen lot's of auctions on this forum where that clock image and forum times differ several minutes..

I think it is pretty clear that forum times counts.

Punin starts an auction on: August 24, 2013, 08:09:55 PM (~10 minutes after 8:00 PM)
and writes: Auction ends in 24h. Bidding starts at 2BTC.


Asicminer Hashrate Charts @ www.asicminercharts.com

Donations BTC: 1SmiGSGWXzD5aZhmw3jyfpBFCgiki45MT
TheAndy500
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August 25, 2013, 08:27:13 PM
 #24

I'm pretty sure the clock ended at 8:00 auction time directly after Andy's bid

The clock isn't binding, i've seen lot's of auctions on this forum where that clock image and forum times differ several minutes..

I think it is pretty clear that forum times counts.

Punin starts an auction on: August 24, 2013, 08:09:55 PM (~10 minutes after 8:00 PM)
and writes: Auction ends in 24h. Bidding starts at 2BTC.



Or maybe it's the 24 hours that are approximate and the clock is binding.  That's why most people list a bunch of rules for their auction.  I knew this would be a clusterbleep.

binaryFate
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August 25, 2013, 08:31:40 PM
 #25

I'm pretty sure the clock ended at 8:00 auction time directly after Andy's bid

The clock isn't binding, i've seen lot's of auctions on this forum where that clock image and forum times differ several minutes..

I think it is pretty clear that forum times counts.

Punin starts an auction on: August 24, 2013, 08:09:55 PM (~10 minutes after 8:00 PM)
and writes: Auction ends in 24h. Bidding starts at 2BTC.



Or maybe it's the 24 hours that are approximate and the clock is binding.  That's why most people list a bunch of rules for their auction.  I knew this would be a clusterbleep.
It cannot be the clock, as there would be no way to check afterwards which posts are before/after it finishes.

Monero's privacy and therefore fungibility are MUCH stronger than Bitcoin's. 
This makes Monero a better candidate to deserve the term "digital cash".
TheAndy500
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August 25, 2013, 08:34:18 PM
 #26

It cannot be the clock, as there would be no way to check afterwards which posts are before/after it finishes.

What are you talking about?  The URL is https://www.onnit.com/emails/_modules/timer/?end=2013-08-25+20:00:00UTC&amp;dark=1.  It ended at 20:00:00 UTC.

binaryFate
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August 25, 2013, 08:35:49 PM
 #27

It cannot be the clock, as there would be no way to check afterwards which posts are before/after it finishes.

What are you talking about?  The URL is https://www.onnit.com/emails/_modules/timer/?end=2013-08-25+20:00:00UTC&amp;dark=1.  It ended at 20:00:00 UTC.

That is the time on this "onnit" server. How would you relate it with the time here, on the forum?

Monero's privacy and therefore fungibility are MUCH stronger than Bitcoin's. 
This makes Monero a better candidate to deserve the term "digital cash".
punin (OP)
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August 25, 2013, 08:36:51 PM
 #28

Auction has ended. I will see where we are and contact the winners.

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TheAndy500
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August 25, 2013, 08:43:07 PM
 #29

It cannot be the clock, as there would be no way to check afterwards which posts are before/after it finishes.

What are you talking about?  The URL is https://www.onnit.com/emails/_modules/timer/?end=2013-08-25+20:00:00UTC&amp;dark=1.  It ended at 20:00:00 UTC.

That is the time on this "onnit" server. How would you relate it with the time here, on the forum?

The time is in the upper right of the forum here.  You can open the windows side by side and see they are pretty much exactly the same.

binaryFate
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August 25, 2013, 08:47:38 PM
 #30

It cannot be the clock, as there would be no way to check afterwards which posts are before/after it finishes.

What are you talking about?  The URL is https://www.onnit.com/emails/_modules/timer/?end=2013-08-25+20:00:00UTC&amp;dark=1.  It ended at 20:00:00 UTC.

That is the time on this "onnit" server. How would you relate it with the time here, on the forum?

The time is in the upper right of the forum here.  You can open the windows side by side and see they are pretty much exactly the same.

"Pretty much exactly the same" isn't sufficient. At the end of auctions, seconds (even a single one), can make the difference between a valid and an invalid bidding. Then you just look at the time of the posts and there is no ambiguity. You don't "put windows side by side", keeping pushing f5...

Anyway I just wanted to explain the reasoning as to why the clock is just an indication. I'll leave more discussion on the topic to the OP.

Monero's privacy and therefore fungibility are MUCH stronger than Bitcoin's. 
This makes Monero a better candidate to deserve the term "digital cash".
TheAndy500
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August 25, 2013, 09:06:40 PM
 #31

"Pretty much exactly the same" isn't sufficient. At the end of auctions, seconds (even a single one), can make the difference between a valid and an invalid bidding. Then you just look at the time of the posts and there is no ambiguity. You don't "put windows side by side", keeping pushing f5...

Anyway I just wanted to explain the reasoning as to why the clock is just an indication. I'll leave more discussion on the topic to the OP.

It's within a second.  That is sufficient.  In this auction, there was a post 59 seconds and 8 minutes after, are you saying that's close?  Give me a break.

punin (OP)
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August 25, 2013, 09:07:10 PM
 #32

Auction results:

Bidder            shares     price   shares left   total due        address for payment
SmiGueL32.45477.35181MXWd6aayN78yRwfSVVmDvLDKppCuzRY
Zublica322.431577.761CjNnWrr3xdiQbmdPSUVEzU2CDLKRQukBa
jwest411142.42133.881EBkBRJzXpaTWiRbhHJrF1tVsMhjgdNJWm
TheAndy50012.4102.411MQx49jFsrBF7u5SDR1Tr53NgcHAQrsBsz

Thank you to all bidders!

Winners please reply to thread with transaction proof and BTC address that you want to associate with dividend payments. When all transactions have been received, I will inform friedcat to finalize the transfer.

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Bitfury Group
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TheAndy500
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August 25, 2013, 09:09:49 PM
 #33

You have got to be kidding me.

Zubilica
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August 26, 2013, 09:00:35 AM
 #34

https://blockchain.info/tx/c8ef369a713d71da135169d49ebb938d09cf98b0ea184ddaa6a6f89a312a7071

My BTC address is 1F1TKpkY7ZCnseKJo6gafRUKrCigQLvLHw
Zubilica
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August 26, 2013, 12:33:55 PM
 #35

I will send another 1 BTC ASAP Smiley

Ty for PM ..
Zubilica
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August 26, 2013, 12:37:36 PM
 #36

https://blockchain.info/tx/e3d1ec1d942bf543dcddd8d544eeab44fb1bf5eb3f78f8a0ba84cca76c42b625

Smiley last BTC
TheAndy500
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August 26, 2013, 02:15:11 PM
 #37

I take it I won't be getting the 20 that I rightfully won in this auction?

ThickAsThieves
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August 26, 2013, 04:45:55 PM
 #38

I take it I won't be getting the 20 that I rightfully won in this auction?

Not that it is any of my business, but I want to chime in and say that I think forum time is what is binding.

"24 hours" is not an interpretive thing, it is exact. The only exact way to measure it is the timestamp.
TheAndy500
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August 26, 2013, 05:00:51 PM
 #39

I take it I won't be getting the 20 that I rightfully won in this auction?

Not that it is any of my business, but I want to chime in and say that I think forum time is what is binding.

"24 hours" is not an interpretive thing, it is exact. The only exact way to measure it is the timestamp.

Then his clock URL should have been: https://www.onnit.com/emails/_modules/timer/?end=2013-08-25+20:04:55UTC&amp;dark=1

It's not rocket science.  I stopped bidding because the auction was over.  So I get screwed because people bid after it was over?  Awesome.

punin (OP)
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August 26, 2013, 06:22:49 PM
 #40

Payment received from Zublica and SmiGuel, Thank you!

Still waiting to receive from Jwest411 and TheAndy500.

I will transfer shares as soon as payments are complete (I don't want to bombard friedcat with extra mails). You have 12 hours.

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