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Author Topic: [AUCTION] 42 ASICMINER direct shares  (Read 4512 times)
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October 23, 2013, 04:21:32 AM
 #41

20 @ 0.653

1LnV7h5xrFQ98HNxctKaASbB4xRBccT5Gm     Thanks!
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October 23, 2013, 07:57:00 PM
 #42

42 @ 0.66 same conditions than my previous bid

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Trade BTC for €/$ at bitcoin.de (referral), it's cheaper and faster (acts as escrow and lets the buyers do bank transfers).
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October 24, 2013, 11:16:47 PM
 #43

16 @ 0.661

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October 25, 2013, 04:59:40 AM
 #44

42 @ 0.662
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October 25, 2013, 09:02:26 AM
 #45

42 @ 0.663

Let's see how long this auction goes for.

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October 25, 2013, 11:36:13 AM
 #46

I was interested, but the auction settings provide a sure gain for the seller.

When the share price rises there will always be someone bidding close to the current price with a 48 hour time window.

And once the share price falls nobody will bid anymore, and the seller locks in the difference.
He can even opt to buy new shares for a lower price immediately and take the profit.

Smart auction of the seller, but I will never participate in an auction with these settings anymore.

If in a worst case scenario the share price falls with more then 50%, the winning bidder is obligated to watch his investment crumble and does not even have an option to react within these 48 hours.  Huh

É melhor esperar sentado
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October 25, 2013, 06:16:00 PM
 #47

If in a worst case scenario the share price falls with more then 50%, the winning bidder is obligated to watch his investment crumble and does not even have an option to react within these 48 hours.  Huh

If the share price were to suddenly drop more than 50% there's a good chance the winning bidder would disappear from the forums forever or come back a week or two later with some excuse saying they were kidnapped, arrested, in the hospital, or something.  Not saying I would condone that, just that it could happen.

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October 25, 2013, 11:37:09 PM
 #48

I'm still waiting for a signed message.

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October 26, 2013, 04:49:54 PM
 #49

1 @ .664

"It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning."   - Henry Ford
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October 26, 2013, 09:31:04 PM
 #50

1 @ .664
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October 27, 2013, 08:54:31 PM
 #51

42@.665
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October 27, 2013, 10:49:00 PM
 #52

1@.666 Demon!
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October 28, 2013, 04:28:44 PM
 #53

If in a worst case scenario the share price falls with more then 50%, the winning bidder is obligated to watch his investment crumble and does not even have an option to react within these 48 hours.  Huh

If the share price were to suddenly drop more than 50% there's a good chance the winning bidder would disappear from the forums forever or come back a week or two later with some excuse saying they were kidnapped, arrested, in the hospital, or something.  Not saying I would condone that, just that it could happen.

Or you can just keep outbidding yourself forever, every 48h, to ensure the auction never ends...
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October 28, 2013, 11:16:15 PM
 #54

The auction is over:


cyclops 1 @ 0.666
CanaryInTheMine 41 @ 0.665
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October 28, 2013, 11:34:03 PM
 #55

The auction is over:


cyclops 1 @ 0.666
CanaryInTheMine 41 @ 0.665

WTF?

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October 28, 2013, 11:37:59 PM
 #56

The auction is over:


cyclops 1 @ 0.666
CanaryInTheMine 41 @ 0.665

WTF?

Ah, sorry, my bad. Somehow I was thinking 24h auction.
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October 28, 2013, 11:57:12 PM
 #57

Waiting for instructions... have contacted ThickAsThieves for escrow.
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October 29, 2013, 07:57:58 AM
 #58

Waiting for instructions... have contacted ThickAsThieves for escrow.

Yeah, sorry, looks like the auction is actually still going, hasn't been 48h since last bid. I said it was over after 24h.
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October 29, 2013, 03:35:14 PM
 #59

There is no problem getting one share right? Neither transfer commissions or things like that?
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October 29, 2013, 03:39:49 PM
 #60

There is no problem getting one share right? Neither transfer commissions or things like that?

The last bid was on 27 October 2013, 22:49:00 UTC, if I'm not mistaken. This means this auction ends in 7:10 hours, if there is no new bid.

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