[Auction] Finished - Official BTCC Sponsored: BTCC Mint Collectibles

[Justin_Fang]

F   2.66  
G   0.66

[1714162688]

1714162688

[sissi0026]

C   1.58

[BTCC_Official]

Latest Bids in BTC: (updated through post #83)           
A   1.60   Otoh   -   2016 Gold-plated “Artists Proof” One Bitcoin
B   1.27   Otoh   -   2016 Titanium One Bitcoin
C   1.58   sissi0026   -   2017 Silver One Bitcoin, 1 oz pure silver, #99
D   1.20   Ticked   -   2016 Bitcoin Chips Signature Set, #14
E   12.6   Otoh   -   1 roll of 20x 2017 Purple 500K-bits Bitcoin Chips
F   2.66   Justin_Fang  -   1 roll of 20x 2016 Black 100K-bits Bitcoin Chips
G   0.66   Justin_Fang   -   2016 Purple 500K-bits Bitcoin Chip, #201
H   0.200   Otoh   -   2016 Black 100K-bits Bitcoin Chip, #201
J   0.065   Otoh   -   2016 Green 25K-bits Bitcoin Chip, #400
K   0.045   Otoh   -   2016 Blue 10K-bits Bitcoin Chip, #300
L   0.040   Otoh   -   2 items: 2016 Red 5K-bits Bitcoin Chip #201, 2016 White 1K-bits Bitcoin Chip #201
M   0.070   Otoh   -   2 items: 2016 White “Artists Proof” 1K-bits Bitcoin Chip #1994, 2017 White 1K-bits Bitcoin Chip #5,000
           
Reminder: Auction ends at 4:00 PM / 16:00 hours (UTC), this coming Sunday, May 27th.     

[Otoh]

C   1.60
F   2.70
G   0.68

[coinich]

Hello BTCC Mint!

[isleep]

Take it easy

[elokk]

Whats up with all the newbie accounts bidding up the prices?

[anorganix]

Whats up with all the newbie accounts bidding up the prices?

Good point, was thinking the same thing.

A 1.56

C : 1,56

This user recently woke up from a long period of inactivity.

F   2.66  
G   0.66

This user recently woke up from a long period of inactivity.

C   1.58

This user's password was reset recently.

Could you guys sign a message from an address containing the said funds?
I will not bid otherwise. Might not matter, just saying...

Thanks!

[owlcatz]

Whats up with all the newbie accounts bidding up the prices?

Good point, was thinking the same thing.

A 1.56

C : 1,56

This user recently woke up from a long period of inactivity.

F   2.66  
G   0.66

This user recently woke up from a long period of inactivity.

C   1.58

This user's password was reset recently.

Could you guys sign a message from an address containing the said funds?
I will not bid otherwise. Might not matter, just saying...

Thanks!

Looks like classic shill bidding to me as well.

[bobbyclee]

Whats up with all the newbie accounts bidding up the prices?

Good point, was thinking the same thing.

A 1.56

C : 1,56

This user recently woke up from a long period of inactivity.

F   2.66  
G   0.66

This user recently woke up from a long period of inactivity.

C   1.58

This user's password was reset recently.

Could you guys sign a message from an address containing the said funds?
I will not bid otherwise. Might not matter, just saying...

Thanks!

Hi everyone.

Of these 3 accounts, I personally know Justin_Fang, as he’s a friend and colleague of mine. He personally wants to buy those two items, so that’s why he bid on them. It’s a legitimate bid.

As for the other 2 accounts, I don’t know who they are.

However, what’s true this time is that we have notified various Mint customers in China, alerting them to this auction. As you can imagine, they usually don’t frequent this forum. So some bidding and newbie user accounts could be coming from China, being legitimate customers.

I hope that this forum and community welcome new users, regardless of nationality and location.
I’m still a newbie user, for example, and I live in China.

What I can say is this: being a reputable person and BTCC being a reputable company, I hope that you can trust us that we are NOT sending in newbie users and making shill bids to pump up prices.

I hope that this post can clear the air and remove some doubt.

Please feel free to ask me anything else.

In this mean time, I do hope that many of you do bid again, and end up winning some items.
I would hate to see all items to go a single (or just a few) winners.

thanks,
Bobby

[owlcatz]

I never meant to imply btcc or bobby was responsible, just seemed odd, but yeah that probably makes more sense actually. Thanks for clarifying! Cheers, cool auction to watch either way!  

[Anduck]

Whats up with all the newbie accounts bidding up the prices?

Good point, was thinking the same thing.

Some do it to get more post count for signature campaigns. They bid when they know they're likely to be outbid.

[Otoh]

...
I would hate to see all items to go a single (or just a few) winners.

thanks,
Bobby

Usually auctioneers do not hate to see their items being bid higher by one of their best customers, if you don't like it then don't sell them this way, would you rather that I stopped bidding on your sales?

[bobbyclee]

...
I would hate to see all items to go a single (or just a few) winners.

thanks,
Bobby

Usually auctioneers do not hate to see their items being bid higher by one of their best customers, if you don't like it then don't sell them this way, would you rather that I stopped bidding on your sales?

Hi Otoh,

We certainly welcome you to make bids on this (and all future) auctions.

Having said that, I still hope that other people get a chance to win some of the goodies here.

In terms of you consistently outbidding ALL of the people on ALL of the items, there is an expressed viewpoint that it’s actually counterproductive to the auction, as it disincentives people to make any further bids, as it might be futile if you continue to outbid them every time. In turn, that might lead to fewer winners and lower final prices. (If there were 2 or more strong bidders, then this might not happen.)

Again, the above is just one other person’s perspective, and I have not given it enough thought to come to a definitive conclusion yet. Maybe there is no right answer. Maybe other experienced people can chime in as well.

Regardless, this is a public auction on an open forum, so I can’t and won’t stop you from making further bids. Please don’t take offense at my comments.

I just want to encourage others not to give up!

thanks,
Bobby

[bobbyclee]

I never meant to imply btcc or bobby was responsible, just seemed odd, but yeah that probably makes more sense actually. Thanks for clarifying! Cheers, cool auction to watch either way!  

No worries owlcatz.

And thank you for giving me an opportunity to explain the situation with new users bidding from China.

thanks,
Bobby

[bitbili]

B 1.28
E 12.7

[anorganix]

Thanks for the response Bobby.


J @ 0.066
K @ 0.046
L @ 0.041
M @ 0.071

[dmhz]

mark, i'll be back later

[cigarillos]

One day I will not be a newbie anymore. I do not care to discuss on forums, I am a good BTCC mint client that's all that interests me.

[Otoh]

...
I would hate to see all items to go a single (or just a few) winners.

thanks,
Bobby

Usually auctioneers do not hate to see their items being bid higher by one of their best customers, if you don't like it then don't sell them this way, would you rather that I stopped bidding on your sales?

Hi Otoh,

We certainly welcome you to make bids on this (and all future) auctions.

Having said that, I still hope that other people get a chance to win some of the goodies here.

In terms of you consistently outbidding ALL of the people on ALL of the items, there is an expressed viewpoint that it’s actually counterproductive to the auction, as it disincentives people to make any further bids, as it might be futile if you continue to outbid them every time. In turn, that might lead to fewer winners and lower final prices. (If there were 2 or more strong bidders, then this might not happen.)

Again, the above is just one other person’s perspective, and I have not given it enough thought to come to a definitive conclusion yet. Maybe there is no right answer. Maybe other experienced people can chime in as well.

Regardless, this is a public auction on an open forum, so I can’t and won’t stop you from making further bids. Please don’t take offense at my comments.

I just want to encourage others not to give up!

thanks,
Bobby

My objective as a buyer is the same as most ppl, to obtain the coins that I want at the lowest price possible and a few other things like support the secondary market in coins that I'm already invested  in, I am not "consistently outbidding ALL of the people on ALL of the items" after my bids on the 23rd I deliberately avoided doing this, I did it for just one day on the 22nd when I started, in order to make a splash and way before the auction is due to end, it doesn't seem to have put ppl off, anyway as you imply it is pure speculation by a single person that my participating in this way is going to be detrimental to the final results.