elasticband (OP)
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June 13, 2014, 12:05:31 PM |
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any thoughts on the community bidding in the auction.
20 people at 10k each can make up the entry deposit.
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nitehawk
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June 13, 2014, 01:35:46 PM |
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they're for sale now ?
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GreekBitcoin
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getmonero.org
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June 13, 2014, 01:38:14 PM |
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Yeah i was thinking if something like this is possible
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elasticband (OP)
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June 13, 2014, 02:02:38 PM |
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they're for sale now ?
No the auction is next month? A 200k deposit(refundable) is needed to enter. I figured we would need 20 people to front 10k each, this would need to be moved and held in a escrow We would then need to find someone to front the full 200k and offer them a free % for their time and efforts. I'm down for 10k
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tymm0
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June 13, 2014, 08:34:47 PM |
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if i had 10k I'd throw it in in a heartbeat.
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elasticband (OP)
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June 14, 2014, 09:34:42 AM |
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Not sure how this would entirely work but I doubt the FBI would let Escrow hold funds for them.
at no point do I say the FBI's 200k would be held in escrow
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Gianluca95
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Reputation first.
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June 14, 2014, 10:49:12 AM |
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any thoughts on the community bidding in the auction.
20 people at 10k each can make up the entry deposit.
That's a good and interesting idea but, are we surely that 200.000$ can suffice?
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elasticband (OP)
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June 14, 2014, 11:04:20 AM |
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any thoughts on the community bidding in the auction.
20 people at 10k each can make up the entry deposit.
That's a good and interesting idea but, are we surely that 200.000$ can suffice? 200k is the deposit needed to enter the auction. Winning bid would need to be transferred the day after auction winners are announced. It would be a lot of work. we could try bid on 1 A group at 3000BTC or we could try bidding on the B group at around 2500btc
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GigaBit
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June 17, 2014, 04:05:20 PM |
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You'd have an easier time getting 200 people at $1,000 I think. They're making the entry point only accessible to those who want it most... the already stinkin' rich... If the forum would push this thread, I think a lot of people would sign up. Look at the lending forums, people will invest in anything that offers a decent return. I'd be willing to go in for $1K, I'm sure many others would be more receptive to this also but selling the idea's a different story... Best of luck
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spazzdla
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June 17, 2014, 04:51:02 PM |
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I can get 1K, but I'd have to meet/talk to the person running it. People are not to be trusted.
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Mined
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June 18, 2014, 02:56:56 AM |
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Wow this is really fascinating. Let's get this together and make it happen!
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kuusj98
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June 19, 2014, 01:25:05 PM |
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Who knows how much the price will rise at an auction, I don't think many people that go bidding really know a good value at which they need to stop..
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Mayuyu48
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June 20, 2014, 08:15:00 AM |
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Who knows how much the price will rise at an auction, I don't think many people that go bidding really know a good value at which they need to stop..
i read this is closed auction, not open auction is it right? wow many bidders are from bitcoin based company i surprised when i see bidders from BNP Paribas is she/he interested in bitcoin personally or BNP paribas interested in this auction and send him/her
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Harley997
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June 21, 2014, 02:54:30 AM |
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any thoughts on the community bidding in the auction.
20 people at 10k each can make up the entry deposit.
That's a good and interesting idea but, are we surely that 200.000$ can suffice? 200k is the deposit needed to enter the auction. Winning bid would need to be transferred the day after auction winners are announced. It would be a lot of work. we could try bid on 1 A group at 3000BTC or we could try bidding on the B group at around 2500btc You also have the issue of the possibility of getting scammed by whoever is collecting the funds to submit a bid
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elasticband (OP)
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June 21, 2014, 09:34:57 AM |
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nope, the entry person would need to front 200k while 200k raised + a fee were held in escrow until competition.
this ensures the entry cannot run off with other peoples 200k and it ensures there is 200k waiting I escrow.
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GIANNAT
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Bitcoin entrepreneur and Pro Trader
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June 21, 2014, 08:41:37 PM |
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200k$ definitely won't be the final price
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Bobsurplus
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Making money since I was in the womb! @emc2whale
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June 21, 2014, 08:47:12 PM |
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200k$ definitely won't be the final price
Nope, more like 1.4M so 20 People means 70K cash each.. Fuck it, I'm in!
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elasticband (OP)
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June 21, 2014, 08:53:29 PM |
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200k$ definitely won't be the final price
who said we want to win
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DubFX
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June 21, 2014, 09:01:29 PM |
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We would need someone really trusted with all of his doxx info, it's BIG sum of money.
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