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Author Topic: [Auction] BitcoinPride.com For Sale - $21,000.00+ in revenue - $9100+ in Profits  (Read 7661 times)
FlipPro
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November 11, 2013, 08:12:39 PM
 #41

Current high bidder is NamWorld for 10 BTC.

I don't need the shirts (after I sell the site).

LEASE THIS SIGNATURE OUT WEEKLY/MONTHLY.

PM ME FOR DETAILS
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November 11, 2013, 08:54:48 PM
 #42

Say592,

The price of BTC should not affect the outcome if your BTC-denominated BIDS....

The site has valuation of well over $80,000.00.

It's quite honestly worth a lot more than the 12.5 BTC you were bidding.... Please try to not interfere with any more auctions if you do not wish to bid....

Really? You are going to talk down to me offering and retracting a 12.5 BTC by saying it is worth much more, then show no such expression when someone offers you 3 BTC for it? Revenue does not equal value, especially when you had no more than one month’s financial statements. You can claim whatever you want, but when you show one month’s financial statements, and it just so happens to be a month where you made most of your profit, that is a little odd. It was worth a $2500 gamble to me, not a $4500 gamble. Point taken though, if I participate in any future auctions, I will wait until the end of the auction to avoid any potential movements in price.
Namworld
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November 11, 2013, 10:20:28 PM
 #43

I'll put in a bid of 3 BTC for the business without the $800 in merchandise.

Including:
- Domain
- Website (including existing database)
- T-Shirt design vectors
- Web graphic source (ie logo vector, banner PSDs etc..)
- Ebay account/analytic account

* Bid should be considered null/void if price of bitcoin fluctuates more than +-25% it's current bitstamp price ($343) at the end of the auction.

I have a 10 BTC bid which is still upheld.
FlipPro
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November 11, 2013, 11:07:42 PM
 #44

Say592,

The price of BTC should not affect the outcome if your BTC-denominated BIDS....

The site has valuation of well over $80,000.00.

It's quite honestly worth a lot more than the 12.5 BTC you were bidding.... Please try to not interfere with any more auctions if you do not wish to bid....

Really? You are going to talk down to me offering and retracting a 12.5 BTC by saying it is worth much more, then show no such expression when someone offers you 3 BTC for it? Revenue does not equal value, especially when you had no more than one month’s financial statements. You can claim whatever you want, but when you show one month’s financial statements, and it just so happens to be a month where you made most of your profit, that is a little odd. It was worth a $2500 gamble to me, not a $4500 gamble. Point taken though, if I participate in any future auctions, I will wait until the end of the auction to avoid any potential movements in price.
The buyers will have the opportunity to review our ledgers before purchase..

Company has been generating profits for almost a year (documented on Bitfunder).

All revenues are legitimate and properly documented in Outright (book keeping software), and the Magento backend.

Bitcoin Pride reserves the right to refuse any bid/offer in this auction.

If this auction can't produce a serious buyer we will consider the various private offers that we have already received.

LEASE THIS SIGNATURE OUT WEEKLY/MONTHLY.

PM ME FOR DETAILS
MakeBelieve
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November 12, 2013, 01:13:00 AM
 #45

Say592,

The price of BTC should not affect the outcome if your BTC-denominated BIDS....

The site has valuation of well over $80,000.00.

It's quite honestly worth a lot more than the 12.5 BTC you were bidding.... Please try to not interfere with any more auctions if you do not wish to bid....

Really? You are going to talk down to me offering and retracting a 12.5 BTC by saying it is worth much more, then show no such expression when someone offers you 3 BTC for it? Revenue does not equal value, especially when you had no more than one month’s financial statements. You can claim whatever you want, but when you show one month’s financial statements, and it just so happens to be a month where you made most of your profit, that is a little odd. It was worth a $2500 gamble to me, not a $4500 gamble. Point taken though, if I participate in any future auctions, I will wait until the end of the auction to avoid any potential movements in price.


If he no longer requires the shirts after he sells the business. Then he might as well take the higher bid.

On a mission to make Bitcointalk.org Marketplace a safer place to Buy/Sell/Trade
velacreations
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November 12, 2013, 01:33:45 AM
 #46

If this auction can't produce a serious buyer we will consider the various private offers that we have already received.
can you give us an idea of what the highest bid is?

Quote
Bitcoin Pride reserves the right to refuse any bid/offer in this auction.
if this auction isn't even binding (you never mentioned reserve or consideration of private bids before now), then don't say anything about people pulling their bids.

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November 12, 2013, 03:13:58 AM
 #47

OP, can you tell me how many orders were generated through the website in a month?

FlipPro
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November 12, 2013, 03:36:59 AM
 #48

OP, can you tell me how many orders were generated through the website in a month?
This month (November) we have generated over $300 in sales thus far. Unfortunately sales have been down due to our eBay account was recently getting shut down because of some charge-backs related to our Block Erupter sale combined with customer returns that lost 50% value in the first 3 weeks of their sale.Besides the recent problems we've had, eBay has been a massive driver of business to us and would encourage the buyer to relaunch the shirts on eBay under a working account.

LEASE THIS SIGNATURE OUT WEEKLY/MONTHLY.

PM ME FOR DETAILS
Namworld
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November 12, 2013, 06:12:57 AM
 #49

If this auction can't produce a serious buyer we will consider the various private offers that we have already received.

Are private bids/offers valid for this auction? I cannot compete when I cannot see where the bids are at. Plus any bid should be posted so other participants can raise bid.
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November 12, 2013, 06:27:33 AM
 #50

If this auction can't produce a serious buyer we will consider the various private offers that we have already received.

Are private bids/offers valid for this auction? I cannot compete when I cannot see where the bids are at. Plus any bid should be posted so other participants can raise bid.
Hello Namworld,

I have pondered on this a bit and have come to the conclusion that it's best if I route for all private offers to this auction thread, or make the bids on their behalf.

You are right, you cannot compete with bids you cannot see.

My apologies for not being clear enough at the beginning of this thread.

LEASE THIS SIGNATURE OUT WEEKLY/MONTHLY.

PM ME FOR DETAILS
Namworld
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November 12, 2013, 06:30:50 AM
 #51

If this auction can't produce a serious buyer we will consider the various private offers that we have already received.

Are private bids/offers valid for this auction? I cannot compete when I cannot see where the bids are at. Plus any bid should be posted so other participants can raise bid.
Hello Namworld,

I have pondered on this a bit and have come to the conclusion that it's best if I route for all private offers to this auction thread, or make the bids on their behalf.

You are right, you cannot compete with bids you cannot see.

My apologies for not being clear enough at the beginning of this thread.

It would be good to see at a minimum where bidding/offers are at.
FlipPro
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November 12, 2013, 06:34:34 AM
 #52

If this auction can't produce a serious buyer we will consider the various private offers that we have already received.

Are private bids/offers valid for this auction? I cannot compete when I cannot see where the bids are at. Plus any bid should be posted so other participants can raise bid.
Hello Namworld,

I have pondered on this a bit and have come to the conclusion that it's best if I route for all private offers to this auction thread, or make the bids on their behalf.

You are right, you cannot compete with bids you cannot see.

My apologies for not being clear enough at the beginning of this thread.

It would be good to see at a minimum where bidding/offers are at.
You are currently the highest bidder.

I am sending out an email to the people who have emailed me asking them to post their minimum offers in here if they wish to be counted.


LEASE THIS SIGNATURE OUT WEEKLY/MONTHLY.

PM ME FOR DETAILS
FlipPro
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November 12, 2013, 06:36:07 AM
 #53

1 day 22 hours left on the auction !

LEASE THIS SIGNATURE OUT WEEKLY/MONTHLY.

PM ME FOR DETAILS
ScammerZhouTong
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November 12, 2013, 07:22:25 AM
 #54

11 BTC
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November 12, 2013, 11:41:48 PM
 #55

So what about the shareholders?  Is there any information about what the plan is for people who bought into your asset bitfunder?

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November 13, 2013, 01:10:50 AM
 #56

I'm interested, but also have a full time job that is very demanding.

What kind of hours would you expect are need by the new owner(s) to keep the site going as is? 

How much work would you expect is necessary to grow the site further?

Thanks.

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FlipPro
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November 13, 2013, 01:33:06 AM
 #57

So what about the shareholders?  Is there any information about what the plan is for people who bought into your asset bitfunder?
Sale proceeds will be split evenly among all 50,000,000 shares.

Thanks for your question.

LEASE THIS SIGNATURE OUT WEEKLY/MONTHLY.

PM ME FOR DETAILS
FlipPro
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November 13, 2013, 01:34:36 AM
 #58

I'm interested, but also have a full time job that is very demanding.

What kind of hours would you expect are need by the new owner(s) to keep the site going as is? 

How much work would you expect is necessary to grow the site further?

Thanks.
To keep the site running as-is the owner would require at-least 10 hours a week to fill orders.

One month of full time/resources dedication to automate the site is all that's needed to make it turn key, and have the orders fill themselves automatically.

Thanks for your question.

LEASE THIS SIGNATURE OUT WEEKLY/MONTHLY.

PM ME FOR DETAILS
FlipPro
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November 13, 2013, 01:35:08 AM
 #59

1 day 3 hours remaining!

LEASE THIS SIGNATURE OUT WEEKLY/MONTHLY.

PM ME FOR DETAILS
FlipPro
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November 13, 2013, 05:29:34 AM
 #60

24 Hours left on the auction!

All bids will be counted!

LEASE THIS SIGNATURE OUT WEEKLY/MONTHLY.

PM ME FOR DETAILS
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