Closed Thread

[ObolodO]

Announcement

Nice! Let's the game begin 

If I bid 0.1 and then 0.2 for the same category will it sum up to 0.3 or stays 0.2?

[koop4u]

Announcement

Nice! Let's the game begin 

If I bid 0.1 and then 0.2 for the same category will it sum up to 0.3 or stays 0.2?

It will not sum!

You will have: 1 bid for x @ 0.1 and another bid for x @ 0.2! A total of 2 separate bids!

[dzarmush]

Cool. Never saw something like that before.

I predict at least 10 Btc. I'll bid in all groups to get things rolling.

[dzarmush]

It's not clear what happens with different lots. Could you please explain it?

[testadimerlo]

How many coins for one stake? And wich is the total amount of nextlite?

[dzarmush]

Weird, my 0.075 bids turn to 75

Probably because it needs commas instead of dots, but the first time it worked fine.

[s11made]

There is not much testing going on at the moment ? Only few transactions/day even though 0 transaction fee.
How many transactions can be processed per second ? Any guess ?

[koop4u]

It's not clear what happens with different lots. Could you please explain it?

We divided 100 stakes in 6 different groups, with a total of 27 lots:
Group 1 = 10 Lots by 1 stake!
Group 2 = 5 Lots by 2 stakes!
Group 3 = 5 Lots by 3 stakes!
Group 4 = 3 Lots by 5 stakes!
Group 5 = 2 Lots by 10 stakes!
Group 6 = 2 Lots by 15 stakes!


For this particular example we will examine group 6! There are 2 Lots by 15 stakes each!

If you wish to bid for only one of the two stakes! Then submit only one bid! If you wish to bid for both of them, submit your bid twice!

How it will look in the spreadsheet:

                                                   Bid for 15 stakes:

dzarmush | Lot # 6 - 15 stakes: |    1.05    
dzarmush | Lot # 6 - 15 stakes: |    1.50

Since there are only two lots, and nobody overbids you till June 9, you will win one lot of 15 stakes @ 1.05 and another lot of 15 stakes @ 1.50!

If someone over bids you by June 9:

                                                  Bid for 15 stakes:

Mr.Overbid| Lot # 6 - 15 stakes: |    2    
dzarmush | Lot # 6 - 15 stakes: |    1.50

In this case Mr.Overbid will get one lot @ 2, and you will get the second one @ 1.5!


This rule applies to the rest of the categories!

If you make a mistake you can edit your last submission at the end.

[dzarmush]

It's not clear what happens with different lots. Could you please explain it?

For this particular example we will examine group 6! There are 2 Lots by 15 stakes each!

You could just say that lots are spread between highest bidders 

[dzarmush]

How many coins for one stake? And wich is the total amount of nextlite?

Good question. I think it's important to let people know what they're bidding for.

As for total amount it's 1'000'000'000

[SillkRoad]

How many coins for one stake? And wich is the total amount of nextlite?

At the end of this auction, we will add the additional 100 stakes and then divide the total coins by total stakes !

[koop4u]

It's not clear what happens with different lots. Could you please explain it?

For this particular example we will examine group 6! There are 2 Lots by 15 stakes each!

You could just say that lots are spread between highest bidders 

True!

An example is always easier to comprehand

[koop4u]

How many coins for one stake? And wich is the total amount of nextlite?

At the end of this auction, we will add the additional 100 stakes and then divide the total coins by total stakes !

So basically:

If the auction goes well!

We will have 600M / ~1350 members = roughly 445000 coins each stake!

[testadimerlo]

I applied for two stakes but I made a mistake and now I see my bid 146 btc... It's too much I wanted to put 0.146.. Please, how can I delete it?

[koop4u]

I applied for two stakes but I made a mistake and now I see my bid 146 btc... It's too much I wanted to put 0.146.. Please, how can I delete it?

Just Corrected!

[koop4u]

Re-Added Announcement

Your voices have been heard! So we are performing a Crowd-fund in an auction style!

If you are interested, you can sumbit your bid in this google form: http://goo.gl/KcuOq1

100 stake Auction!

We divided 100 stakes in 6 different groups, with a total of 27 lots:

Group 1 = 10 Lots by 1 stake!
Group 2 = 5 Lots by 2 stakes!
Group 3 = 5 Lots by 3 stakes!
Group 4 = 3 Lots by 5 stakes!
Group 5 = 2 Lots by 10 stakes!
Group 6 = 2 Lots by 15 stakes!


On June 9, we will select the highest bidders! The winners will get  a confirmation pm with the wallet number! You will have 1 day to reply with the transaction ID! If you won't claim your prize within 24h, we will contact the second person with the highest bid. We will highlight the highest daily bids on BTT! So you could easily track the outcome. All the bids will be automatically recorded in to a spreadsheet.  

Everyone will be able to view the detailed results here: http://goo.gl/jaLPlh

Highlighted with red you will find the highest bid!


Rules:
1) Every New/Existing user can participate.
2) You can bid an unlimited amount of times.
3) You can bid for all 6 types of lots (for example i can bid 0.05 for the first lot, and 0.20 for the second, if i win i will get a total of 3 stakes).
4) If you bid several times in the same group, and at the end of the auction your bids will be the highest, you will win the lots according to your bids. Exp. You bided 10 times for lot # 1, each bid was >0.05! If your bids are the highest, you will win all 10 available lots.
5) The bids submitted in one category will not sum up! EXAMPLE: Group 1 = 10 Lots by 1 stake! if you bid once 0.1 your bid will be counted for one lot, meaning at the end you will get only 1 stake! If you wish to get 3 stakes (3 lots in this particular category) you will have to bid 3 times 0.1!
6) If you wish to DELETE/INCREASE/Decrease a stake PM me the Row Number from the spreadsheet with the Desired action. Exp:

- #14 (6/1/2014 12:53:44   s11made   Lot # 2 - 2 stakes   0.14) Decrease bid to 0.13!  

Let The Highest Bidder win!

If you have any proposals/complains/questions, don't  hesitate to discuss them!

This auction will help us raise the necessary amount of btc. to finish the coin. Thank you for participating.

[mirador17]

good idea, finally.

[BestofSR]

If not all of participants will claim their stake, in sense that not everyone will be on time creating new account number, will you redistribute left coins to other stakeholders?

[dzarmush]

There are bids for over 6 Btc total already.

[dzarmush]

In case someone wants to add a signature.

Code:

[url=https://bitcointalk.org/index.php?topic=590421.msg7070420#msg7070420]NXT LITE AKA NODE[/url] | 100 STAKES AUCTION