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Author Topic: Christmas Auction - On Saturday December 3, 2011 #bitcoin-auction  (Read 2600 times)
BTC_Bear
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November 30, 2011, 10:08:51 PM
 #1

I will hold an auction on December 3rd on the IRC Channel #bitcoin-auction

The proceeds of this auction will be split. 1/2 to the Forum, and 1/2 for Toys for Tots.

Theymos, I will send you a signed e-mail with the BTC address so the address can be monitored for the correct amount and proper distribution. Once received, you can post it here.

The address will also be in the Topic Section in the Channel.

Auction Rules:

As this is a BTC only auction, anyone can participate. Confirmation of winning bids will take place after 6 confirmations from the network. If you would like to donate services and or merchandise to the auction PM me. Shipping is restricted to the contiguous lower 48, unless you are willing to pay for extra shipping costs...

A list of items to be auctioned will be Posted on Friday December 2, 2011.


Best Regards,
The BTC_Bear

Corporations have been enthroned, An era of corruption in high places will follow and the money power will endeavor to prolong its reign by working on the prejudices of the people until wealth is aggregated in a few hands and the Republic is destroyed. ~Abe Lincoln 1ApJdWUdSWYw8n8HEATYhHXA9EYoRTy7c4
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December 01, 2011, 05:47:45 AM
 #2

BTC_Bear has sent me the address 1Gdc8pDDemYFr5zTRs4bwNsVurF8dSxZHw.

Thanks for holding the auction!

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December 02, 2011, 05:58:05 PM
 #3

The products to be auctioned will be listed here Tonight....

Along with the Time of the Auction at #bitcoin-auction


Any questions, please ask...


Best Regards,
BTC_Bear

Corporations have been enthroned, An era of corruption in high places will follow and the money power will endeavor to prolong its reign by working on the prejudices of the people until wealth is aggregated in a few hands and the Republic is destroyed. ~Abe Lincoln 1ApJdWUdSWYw8n8HEATYhHXA9EYoRTy7c4
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December 03, 2011, 02:51:01 AM
 #4

Ok, after asking around... besides apparently Dildo's there where no suggestions... So, I took the best selling Items from BestBuy.com


These Items are brand new, never opened...

Item 0x0001: Amazon Kindle Touch $99 USD

http://www.bestbuy.com/site/Amazon+-+Kindle+Touch+with+Special+Offers/2506155.p?id=1218425939738&skuId=2506155&st=GiftCenter_ForHim&cp=1&lp=1


Item 0x0002: SanDisk - Ultra 8GB Secure Digital High Capacity (SDHC) Memory Card $29.99

http://www.bestbuy.com/site/SanDisk+-+Ultra+8GB+Secure+Digital+High+Capacity+(SDHC)+Memory+Card/8554806.p?id=1188561943698&skuId=8554806&st=GiftCenter_ForHim&cp=1&lp=3


Item 0x0003 Apple® - iPod shuffle® 2GB* MP3 Player  $46.99

http://www.bestbuy.com/site/Apple%26%23174%3B+-+iPod+shuffle%26%23174%3B+2GB*+MP3+Player+(4th+Generation+-+Latest+Model)+-+Blue/9845527.p?id=1218183950688&skuId=9845527&st=GiftCenter_ForHim&cp=1&lp=12

Item 0x004 Easystore - 8GB USB 2.0 Flash Drive  $14.99

http://www.bestbuy.com/site/Easystore+-+8GB+USB+2.0+Flash+Drive/2006202.p?id=1218305635429&skuId=2006202&st=usb%20flash%20drive&cp=1&lp=34


There is no reserve on the above Items... The items will be brand new and shipped to the winner of the bids. There is no shipping cost added to your bids, unless you want an Item Shipped out of the lower 48.

If the bids reach a certain amount of BTC, a surprise item... will be added to the Auction.

Remember this is a BTC only auction... No Reserves... however, the minimum starting bid is 0.01 BTC and must be incremented by a minimum of 0.01 BTC...

If YOU are the only person to show up at #bitcoin-auction you could get all of the above for 0.04 BTC

Shipping and Tracking Numbers will be issued on Monday and Posted... Since I must pick them up and ship... (using my rewards card).


Thanks I am sure the forum and Toys and Tots will appreciate your participation....

Best Regards,
BTC_Bear



Corporations have been enthroned, An era of corruption in high places will follow and the money power will endeavor to prolong its reign by working on the prejudices of the people until wealth is aggregated in a few hands and the Republic is destroyed. ~Abe Lincoln 1ApJdWUdSWYw8n8HEATYhHXA9EYoRTy7c4
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December 03, 2011, 02:52:24 AM
 #5

The Auction will start in #bitcoin-auction at 8pm EST on Saturday Dec 3rd.


Corporations have been enthroned, An era of corruption in high places will follow and the money power will endeavor to prolong its reign by working on the prejudices of the people until wealth is aggregated in a few hands and the Republic is destroyed. ~Abe Lincoln 1ApJdWUdSWYw8n8HEATYhHXA9EYoRTy7c4
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December 03, 2011, 06:44:20 PM
 #6

I put up an ad for this auction in the two reserved forum ad slots.

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December 03, 2011, 07:22:04 PM
 #7

Thanks Theymos,

I will be posting a detailed Auction Rules in about 2 hours....

Included will be a Hash of the Secret Item and the BTC amount to be reached for that Item to go onto the Auction Block. If that amount is not reached, I will post the key to the hash. (Thanks +Cory for the suggestion)

Also, another Item  Amazon Gift Card in the Amount of $23.14 USD  from:


Nick 'occulta', with hostmask 'occulta!~occulta@gateway/tor-sasl/occulta', is identified as user occulta, with GPG key id F5A703CC74E46E5D, and key fingerprint BED6C2880D9EA7B29FF39DB3F5A703CC74E46E5D.

This user has not yet been rated. Currently authenticated from hostmask occulta!~occulta@gateway/tor-sasl/occulta


Will be added at the end of the Auction... Please note: I can't be held responsible for his Item but will take steps to insure fairness.


Corporations have been enthroned, An era of corruption in high places will follow and the money power will endeavor to prolong its reign by working on the prejudices of the people until wealth is aggregated in a few hands and the Republic is destroyed. ~Abe Lincoln 1ApJdWUdSWYw8n8HEATYhHXA9EYoRTy7c4
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December 03, 2011, 08:52:32 PM
 #8

The BTC amount to reach in order for the *Secret Item* to go on the Auction Block is in the following Hash along with the information on the secret Item...

Sha-256 Hash
You can covert at: http://hash.online-convert.com/sha256-generator  when the key is provided…

hex: bdf22c3cfba48ec91d9e8ef258ab74867a0e2dac72571e5faee2fc503e7ba8aa
HEX: BDF22C3CFBA48EC91D9E8EF258AB74867A0E2DAC72571E5FAEE2FC503E7BA8AA
base64: vfIsPPukjskdno7yWKt0hnoOLaxyVx5fruL8UD57qKo=


I will provide the Key when the Auction is over... if the BTC amount isn't reached.... if it is reached, well you will know what it is in the channel and confirm here later...


Corporations have been enthroned, An era of corruption in high places will follow and the money power will endeavor to prolong its reign by working on the prejudices of the people until wealth is aggregated in a few hands and the Republic is destroyed. ~Abe Lincoln 1ApJdWUdSWYw8n8HEATYhHXA9EYoRTy7c4
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December 03, 2011, 10:18:02 PM
 #9

Christmas Auction Rules and 'What Ifs'

I shall try to address many concerns and/or questions but it is impossible to address them all. The rules are not in any specific order. Just covering them as I think of them.

This is a No Reserve BTC Only Auction that will start on December 3, 2011 at 8 pm EST which is UTC -5. It will be held on the Freenode IRC channel: #bitcoin-auction

The Winning Bidder will send the BTC to:

> 1Gdc8pDDemYFr5zTRs4bwNsVurF8dSxZHw <

This address has been sent by me to Theymos with a gpg signature. The Winner of an Item will be told of the Winning bid in the channel, but confirmation of the win will not take place until 6 confirmations have occurred. The address will also be in the Topic on the Channel.


1.
All items won by the winning bidder will be shipped for free in the lower contiguous United States. If you want the item shipped outside of this area, the shipping will be added to your bid. Whether this make sense for you to do depends on the Bid (ie. if you Win with a bid on a $99 item with 0.2 BTC, it might make sense for you to do.

2.
There is no requirement for GPG Registration. If you have the BTC, you can Bid. However, it might be beneficial for you to be Registered, just in case of a timeout… If you are not registered, the auction will be going off of the Freenode Nick alone…
If you wish to protect from this, you can send me a PM with Challenge Response Key. (ie. /msg BTC_Bear  My secret is 1234) or something. That way, if you timeout and someone takes your nick, I can confirm with the Key)

3.
Bids on items will start at 0.01 BTC and must have an increment of at least  0.01 BTC.

4.
Decorum Please - agitators and trolls will be kicked.

5.
If I timeout or go offline, I will ask an OP to continue the auction following the rules set here.

6.
Items to be shipped will be shipped on Monday December 5, 2011 via USPS. I will provide a tracking code to the winner of the Item. If a dispute arises, I will post the tracking code on the forum.  I will adhere to any decision of said dispute by the #bitcoin-court judges, myself being recused.

7.
Win the auction is closed and 6 confirmations received, I  will send 1/2 of the BTC to https://bitcointalk.org/donate.html

8.
The other 1/2 have will be sent by USPS Money Order to:[/li][/list]


Toys for Tots
Gift Processing Administrator

18251 Quantico Gateway Drive

Triangle, VA 22172

with instructions for the funds to goto:  $RandomKid from the BitCoin Community Merry Xmas

I will post the Tracking Information of the USPS Money Order on the forum for people to follow.

9.
Once an Item is up, the final bid on a item will wait 1 minute before the announcement that he is the winning bidder. Just to give other a chance to contemplate if they want to up the bid.

10.
Substitutions of an Item for a greater or same value of the item of the same description and characteristic may be necessary. Basically, BestBuy tells me they have them and are ready, but when I show up to collect them they don't have it, I will substitute it with a similar item for equal or greater value but not lessor value. If this happens, I will drop ship it direct from BestBuy to the address provide by the Winning Bidder. I don't anticipate this however, but just covering the bases.

11.
I am sure that their are things not covered. If time permits, ask them in the #bitcoin channels and I will try to amend them here… else if any disputes arise that are not covered here, I will adhere to a #bitcoin-court decision from the judges, again myself recused.

If anyone wants to just Donate just go ahead and send BTC to the above address. The same distribution will occur. If a large sum is donated that I can not cover immediately, I will wait until the BTC is converted from an exchange.


Best Regards,
BTC_Bear

Corporations have been enthroned, An era of corruption in high places will follow and the money power will endeavor to prolong its reign by working on the prejudices of the people until wealth is aggregated in a few hands and the Republic is destroyed. ~Abe Lincoln 1ApJdWUdSWYw8n8HEATYhHXA9EYoRTy7c4
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December 03, 2011, 11:43:12 PM
 #10

Since Toys for Tots does not accept Bitcoin donations, what determines the conversion rate that will be used?

An answer to this should be provided so that people know:
  • You won't instant-sell the amount, moving the market and harming the Bitcoin economy.
  • You won't sell them all to yourself or a close friend at some dirt-cheap rate.

I'm not saying you would do either of these necessarily, but that you should set a good precedent for auctions to avoid problems like this arising in the future as well.

Easy answers to this would include:
  • MtGox "last" at the end of the auction
  • Flat $3 per BTC

It might also be a good idea to try to sell them at $3.50 (for example) at first, to give people a chance to be charitable in yet another way.

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December 03, 2011, 11:58:13 PM
 #11

luke-jr,

Your concerns are noted.

The important thing here, is that Toys for Tots gets a fair value of the BTC received for them in USD since they do not accept BTC. In this you are correct. However, without telling 'the world', the BTC conversion price, I will say that T4T will get greater than mtgoxlast, for the conversion to USD for the items auctioned.

We are not all Grinches  Grin




Corporations have been enthroned, An era of corruption in high places will follow and the money power will endeavor to prolong its reign by working on the prejudices of the people until wealth is aggregated in a few hands and the Republic is destroyed. ~Abe Lincoln 1ApJdWUdSWYw8n8HEATYhHXA9EYoRTy7c4
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December 04, 2011, 02:46:29 AM
 #12

The BTC amount to reach in order for the *Secret Item* to go on the Auction Block is in the following Hash along with the information on the secret Item...

Sha-256 Hash
You can covert at: http://hash.online-convert.com/sha256-generator  when the key is provided…

hex: bdf22c3cfba48ec91d9e8ef258ab74867a0e2dac72571e5faee2fc503e7ba8aa
HEX: BDF22C3CFBA48EC91D9E8EF258AB74867A0E2DAC72571E5FAEE2FC503E7BA8AA
base64: vfIsPPukjskdno7yWKt0hnoOLaxyVx5fruL8UD57qKo=


I will provide the Key when the Auction is over... if the BTC amount isn't reached.... if it is reached, well you will know what it is in the channel and confirm here later...



the sha-256 hash Key was...

>The BTC amount to be reached is 52 BTC
The secret item is:
Gateway - Netbook / Intel® Atom™ Processor / 10.1" Display / 1GB Memory / 250GB Hard Drive  $239.99

http://www.bestbuy.com/site/Gateway+-+Netbook+/+Intel%26%23174%3B+Atom%26%23153%3B+Processor+/+10.1%22+Display+/+1GB+Memory+/+250GB+Hard+Drive+-+River+Black/2738738.p?id=1218348122102&skuId=2738738

BTC_Bear.<

cut and paste between the closing and opening angle brackets...

You can thank BTCHero for those 2 early donations for reaching the limit...  Grin

Corporations have been enthroned, An era of corruption in high places will follow and the money power will endeavor to prolong its reign by working on the prejudices of the people until wealth is aggregated in a few hands and the Republic is destroyed. ~Abe Lincoln 1ApJdWUdSWYw8n8HEATYhHXA9EYoRTy7c4
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December 04, 2011, 03:38:21 AM
 #13

 Ok, 6 confirmations received on all bids... The Winners are:
 
Item 1 - Theymos - 29.01 BTC ||
Item 2 - BTCHero - 4.1 BTC ||
Item 3 - dmcurser - 8.88 BTC ||
Item 4 - Theymos - 3.05 ||
Occulta's Amazon Gift Card - Cory - 6.67 ||
The Secret Item - BTCHero - 47.1 BTC || 
Total Amount of BTC Received is 110.19486738 BTC  after refunding 10 BTC to danieldaniel that leaves 100.19486738 BTC.
That is 50.09743369 to the forum and:

[9:27 PM] <@BTC_Bear> ;;bc,mtgoxlast
[9:27 PM] <gribble> 2.77
[9:27 PM] <@BTC_Bear> ;;calc 2.77*50.09743369+50
[9:27 PM] <gribble> 188.76989218
[9:28 PM] <Cory> That's amazing, BTC_Bear! You can get VIP status with that.
[9:28 PM] <@BTC_Bear> to Toys for Tots...
[9:28 PM] <@BTC_Bear> in USD luke-jr

Lets round up to $188.77 to Toys for Tots  Grin



Corporations have been enthroned, An era of corruption in high places will follow and the money power will endeavor to prolong its reign by working on the prejudices of the people until wealth is aggregated in a few hands and the Republic is destroyed. ~Abe Lincoln 1ApJdWUdSWYw8n8HEATYhHXA9EYoRTy7c4
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December 04, 2011, 03:43:21 AM
 #14

Forum donation received. Thanks a lot!

1NXYoJ5xU91Jp83XfVMHwwTUyZFK64BoAD
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December 04, 2011, 03:20:36 PM
 #15

greats news and good job Smiley

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December 04, 2011, 04:20:32 PM
 #16

I'm certainly glad the auction went through without a hitch, however...

If I were to host something similar, I would not feel right taking the VIP status because the 50 BTC was not my own...

just saying.

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December 04, 2011, 05:48:51 PM
 #17

If I were to host something similar, I would not feel right taking the VIP status because the 50 BTC was not my own...
It was his own. He basically resold 100 BTC worth of merchandise at cost, and donated half of it to the forum. It's no different than if he had simply donated his 100 BTC directly in the first place, except he chose to let the community get something out of it (being able to buy retail products for Bitcoins).

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December 04, 2011, 08:36:40 PM
 #18

DanielDaniel's 10 BTC has been refunded.

Sent to: 1EdgKy6ky3wshKXwLCDvLWiAEvJvxip4LJ

Corporations have been enthroned, An era of corruption in high places will follow and the money power will endeavor to prolong its reign by working on the prejudices of the people until wealth is aggregated in a few hands and the Republic is destroyed. ~Abe Lincoln 1ApJdWUdSWYw8n8HEATYhHXA9EYoRTy7c4
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December 04, 2011, 09:24:12 PM
 #19

DanielDaniel's 10 BTC has been refunded.
Why?

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December 04, 2011, 09:43:29 PM
 #20

oh okay, sorry i was under the impression that the items were donated by forum members. ::Foot in mouth::

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