chronicsky
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Just looking for peace
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April 02, 2018, 10:17:58 PM |
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I understand the auction rules to mean that increments of 5 minutes are *on* the five minutes. I believe that I won this auction.
that would mean auction is still going on and amass to a lot of time or maybe i didn't understood what you meant. Let Kialara Decide Good luck
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AdvocateOne
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April 02, 2018, 10:21:01 PM |
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I believe that the auction ended at 3:10pm Pacific time.
My last bid was 11 @ 0.49BTC at 3:04:07pm
The next bid came in too late @ 3:11:32pm, 1 minutes and 32 seconds past the additional 5 minute increment.
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greenplastic
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April 02, 2018, 10:23:30 PM |
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unsure..
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BitcoinNewsMagazine
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April 02, 2018, 10:30:18 PM |
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OP states: Sniping: No, any bid placed within the final 5 minutes of each auction will add an additional 5 minutes ad infinitum until no new, valid bid has been placed for 5 minutes. I assume that means 5 minutes exactly from time of last bid but @Kialara would have to weigh in here and based on his decision congrats to the winner of number 11!
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chronicsky
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Just looking for peace
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April 02, 2018, 10:31:04 PM |
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I believe that the auction ended at 3:10pm Pacific time.
My last bid was 11 @ 0.49BTC at 3:04:07pm
The next bid came in too late @ 3:11:32pm, 1 minutes and 32 seconds past the additional 5 minute increment.
why don't you see the same when difference in 09:57:24 PM(gp's id) and 10:04:07 PM(your bid) [Forum Time]
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AdvocateOne
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April 02, 2018, 10:33:45 PM |
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Since it says "additional 5 minutes" I think it means in addition to the original ending time of the auction. Otherwise, it wouldn't be "additional." But I can also entertain your meaning as well, just can't embrace it.
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chronicsky
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Just looking for peace
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April 02, 2018, 10:36:23 PM |
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Since it says "additional 5 minutes" I think it means in addition to the original ending time of the auction. Otherwise, it wouldn't be "in addition to." But I can also entertain your meaning as well, just can't embrace it. oh now i understand you that gets me thinking too but as it has been always followed here, the last 5 minute bid extends the time from that bid time to 5 minute, till that continues... and yeah i can understand why its hard when odds are in your favor Good luck to whoever won , nice bidding war
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AdvocateOne
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April 02, 2018, 10:36:52 PM |
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why don't you see the same when difference in 09:57:24 PM(gp's id) and 10:04:07 PM(your bid) [Forum Time] Because my bid was within the next additional 5 minutes increment.
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BitcoinNewsMagazine
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April 02, 2018, 10:47:03 PM |
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I am looking at forum time on my screen and sure looks like greenplastic bid 11 @ 0.48 then AdvocateOne next bid 11 @ 0.49 over 6 minutes later. Whomever @Kialara says won well bought gentlemen.
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AdvocateOne
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April 02, 2018, 10:56:47 PM |
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I am looking at forum time on my screen and sure looks like greenplastic bid 11 @ 0.48 then AdvocateOne next bid 11 @ 0.49 over 6 minutes later. Whomever @Kialara says won well bought gentlemen.
I don't dispute your analysis on the time the bids were placed--that isn't at issue. What is at issue is the interpretation of "additional" five minutes. I think additional means in addition to. Again, I can entertain the other interpretation, but I sure as heck won't embrace it. I love Kialaras too much.
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teeGUMES
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April 02, 2018, 10:58:13 PM |
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I always interpret it as if there is a bid just before end time it extends the auction by 5minutes from the END time(in this case) but only for the first bid after, then it becomes a running 5minutes from the latest bid.
edit- after re reading kialara's sniping rule it does read in a way that the auction does not have to end before the running 5 minutes begins, in this case I would say gp wins
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AdvocateOne
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April 02, 2018, 11:09:14 PM |
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I always interpret it as if there is a bid just before end time it extends the auction by 5minutes from the END time(in this case) but only for the first bid after, then it becomes a running 5minutes from the latest bid. ...
I'm feeling a little ganged up on. The language "will add an additional 5 minutes ad infinitum" suggests that multiple 5 minute increments may be added. So I don't think it means that just one is added.
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BitcoinNewsMagazine
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April 02, 2018, 11:17:00 PM |
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The language on how the auction extends is a little vague there is a good case to be made AdvocateOne actually won. @Kialara decides. With only nine Ruby editions being auctioned this is the most rare Kialara AFAIK I went way over budget because of that.
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teeGUMES
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April 02, 2018, 11:23:29 PM |
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I always interpret it as if there is a bid just before end time it extends the auction by 5minutes from the END time(in this case) but only for the first bid after, then it becomes a running 5minutes from the latest bid. ...
I'm feeling a little ganged up on. The language "will add an additional 5 minutes ad infinitum" suggests that multiple 5 minute increments may be added. So I don't think it means that just one is added. lol you are not being ganged up on. If the sniping rule said that any bid within the last 5 minutes adds an additional 5 minutes to the END of the auction then you would have won. but this particular one reads as though the 5 minutes is added to any bid received in the last 5 minutes of the auction(in this case I believe GP wins). Wording in sniping rules has to be very carefully read and a lot of times it does lead to these kinds of arguments. This is why these questions and clarifications should be asked about before the auction has ended.
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AdvocateOne
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April 02, 2018, 11:30:22 PM |
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If the sniping rule said that any bid within the last 5 minutes adds an additional 5 minutes to the END of the auction then you would have won.
I believe that is the best interpretation (albeit my understanding is biased). If additional means in addition to, then it can only mean in addition to the END of the auction. Otherwise, it would have said that a *new* 5 minutes would start running from the time of the last bid.
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Hellot
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April 02, 2018, 11:48:54 PM |
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If more than 5 minutes pass during the no sniping phase the last bid is the winner. More than 5 minutes passed between bids.
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AdvocateOne
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April 02, 2018, 11:52:07 PM |
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If more than 5 minutes pass during the no sniping phase the last bid is the winner. More than 5 minutes passed between bids.
But that's not how the rule was worded.
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Hellot
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April 02, 2018, 11:55:26 PM |
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If more than 5 minutes pass during the no sniping phase the last bid is the winner. More than 5 minutes passed between bids.
But that's not how the rule was worded. I'm actually saying you won. You bid within the sniping period and then the next bid was more than 5 minutes which was too slow.
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AdvocateOne
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April 02, 2018, 11:58:34 PM |
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If more than 5 minutes pass during the no sniping phase the last bid is the winner. More than 5 minutes passed between bids.
But that's not how the rule was worded. I'm actually saying you won. You bid within the sniping period and then the next bid was more than 5 minutes which was too slow. Oh, in that case, then I agree with you.
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Hellot
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April 03, 2018, 12:05:40 AM |
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If more than 5 minutes pass during the no sniping phase the last bid is the winner. More than 5 minutes passed between bids.
But that's not how the rule was worded. I'm actually saying you won. You bid within the sniping period and then the next bid was more than 5 minutes which was too slow. Oh, in that case, then I agree with you. The whole point of the no sniping rule is so it doesn't come down to luck and who can get the last bid at the last second before it expires. Your bid was within the 5 minute no sniping period that is set up to allow the auction to play out and your bid extended it 5 more minutes. GP didn't respond to your bid fast enough so the 5 minutes expired and the auction ended. I've participated in a few auctions around here.
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