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Topic: [2-DAY-AUCTION] Squirrelbits - Scarce.city (Read 611 times)

full member
Activity: 868
Merit: 178
Satoshi loves sleazy bitcoin too - Ordinals
July 24, 2023, 08:38:12 PM
#36
The fee is actually 15% only over load value. So if you have a .1 btc lealana - and it sells for .15 - you are only paying 15% of the .05. So it’s way better for larger loaded items than it is for small load high premium items.
legendary
Activity: 2114
Merit: 1403
Disobey.
Mega cool sword - gah dah! Thanks for the pics, MJ and pinky.

Gotta say 15% or even 10% is very steep, reminds me of ebay charges, which I despise.
That said, you can find some very cool items on the scarcecity and ease of use is definitely nice - glad to see a well working lightning implementation there.
So far only basic experience as a potential buyer, will try and see how the other side feels as a seller.

Any pics of that Hal Finney sword, pinky1234?

As a seller I thought the 15% fee was fair for the exposure and handling of the auction. They essentially act as escrow as well so that should also be considered.
Okay, sure escrow and especially exposure may make up for it. Maybe just used to MJs excellent service without high fees and obviously comparing that! Wish the forum had a little more activity...
Like I said, I should try it myself and see from there.
legendary
Activity: 3206
Merit: 3596
full member
Activity: 375
Merit: 124
Gotta say 15% or even 10% is very steep, reminds me of ebay charges, which I despise.
That said, you can find some very cool items on the scarcecity and ease of use is definitely nice - glad to see a well working lightning implementation there.
So far only basic experience as a potential buyer, will try and see how the other side feels as a seller.

Any pics of that Hal Finney sword, pinky1234?



Sure,  I pm mj so he can upload  A picture for me . there one more detail about the HAL Finney  SWORD.

After i have receive the Sword. I Ask squirrel for a custom made TI wallet for the sword .oh boy .  Hard to explain , but the Hal Finney sword
have an attached titanium public address btc - private address close to the handle  , which make it Different than the other Sword from others who  bought it. I will send him more clarity pic once I take it , since the sword its hidden under the Ocean for security purpose . Grin Grin Grin
hero member
Activity: 796
Merit: 519
Gotta say 15% or even 10% is very steep, reminds me of ebay charges, which I despise.
That said, you can find some very cool items on the scarcecity and ease of use is definitely nice - glad to see a well working lightning implementation there.
So far only basic experience as a potential buyer, will try and see how the other side feels as a seller.

Any pics of that Hal Finney sword, pinky1234?

As a seller I thought the 15% fee was fair for the exposure and handling of the auction. They essentially act as escrow as well so that should also be considered.
legendary
Activity: 2114
Merit: 1403
Disobey.
Gotta say 15% or even 10% is very steep, reminds me of ebay charges, which I despise.
That said, you can find some very cool items on the scarcecity and ease of use is definitely nice - glad to see a well working lightning implementation there.
So far only basic experience as a potential buyer, will try and see how the other side feels as a seller.

Any pics of that Hal Finney sword, pinky1234?
sr. member
Activity: 1164
Merit: 268
Byzantine Generals' Problem solved,Prosperity Next
I recommend a couple things for coin buyers:

1. TGBEX coin. Autographed https://scarce.city/marketplace/physical/TGBEX-coins-1-btc-unloaded $340
2. Pepe coin https://scarce.city/marketplace/physical/steel-pepeye $122
full member
Activity: 375
Merit: 124
scarce.city nice stuff to grab . my first ever Item that I got was The Bitcoin Sword: Hal Finney
it will make a good match with my squirrel bit HAL finn coin .  Wink Wink
sr. member
Activity: 1164
Merit: 268
Byzantine Generals' Problem solved,Prosperity Next
I have only purchased a few things from their marketplace and not yet participated in auctions. Bought a couple of cool things and it was super easy. This is a great business imo. I had some kind of question (can't remember what now) but they answered immediately.

legendary
Activity: 2520
Merit: 3238
The Stone the masons rejected was the cornerstone.
Only info ☝️😉

My experience with Scarce.City is very positive. 
Both with my bids, my wins, shipping, money back and quick easy email-communication with Chris who is also very helpful.

 ⭐️⭐️⭐️⭐️⭐️

    Same goes here....all went smooth and I even wrote a thread about my experience with Scarce City as follows..

     Scarce.City- My experience and review

      https://bitcointalksearch.org/topic/m.62371588
copper member
Activity: 413
Merit: 40
Only info ☝️😉

My experience with Scarce.City is very positive. 
Both with my bids, my wins, shipping, money back and quick easy email-communication with Chris who is also very helpful.

 ⭐️⭐️⭐️⭐️⭐️
legendary
Activity: 2254
Merit: 2419
EIN: 82-3893490
hmmm... I dont recall what I did to get verified but I have sold a few things as well as bought a few items there but I have never paid a deposit.
legendary
Activity: 3206
Merit: 3596
nice sale!

and deposits? I have never had to make a deposit there when bidding.

Are you sure about that? Even with an account you can't bid without depositing a small percentage of your bid



If I remember correct, Mopar has a "verified" account. I'm not sure, but I think I've read his name as a bidder in some auctions in the past.
Maybe it's because of that or that he's been active there for a long time and it was introduced afterwards?!

Yes, some people do not need to make deposits when bidding.
I am not sure how they determine who does and does not Huh
Interesting to know you can get verified and enjoy some priviliges. I noticed some accounts that were linked to twitter. Hope you don't need an active account there to get verified.
Maybe signing a message with a bitcoin wallet and posting it here on the forum would be a good idea for reputable accounts to get verified?

I didn't find any info on how they store deposits and escrowed frunds from their FAQ page: https://scarce.city/faqs
I also didn't find anything regarding fees. Or do they not charge any fees?
A little strange.

From what I know, the usual fee is 15% to the seller
legendary
Activity: 2114
Merit: 1403
Disobey.
nice sale!

and deposits? I have never had to make a deposit there when bidding.

Are you sure about that? Even with an account you can't bid without depositing a small percentage of your bid



If I remember correct, Mopar has a "verified" account. I'm not sure, but I think I've read his name as a bidder in some auctions in the past.
Maybe it's because of that or that he's been active there for a long time and it was introduced afterwards?!

Yes, some people do not need to make deposits when bidding.
I am not sure how they determine who does and does not Huh
Interesting to know you can get verified and enjoy some priviliges. I noticed some accounts that were linked to twitter. Hope you don't need an active account there to get verified.
Maybe signing a message with a bitcoin wallet and posting it here on the forum would be a good idea for reputable accounts to get verified?

I didn't find any info on how they store deposits and escrowed frunds from their FAQ page: https://scarce.city/faqs
I also didn't find anything regarding fees. Or do they not charge any fees?
A little strange.
legendary
Activity: 3206
Merit: 3596
nice sale!

and deposits? I have never had to make a deposit there when bidding.

Are you sure about that? Even with an account you can't bid without depositing a small percentage of your bid



If I remember correct, Mopar has a "verified" account. I'm not sure, but I think I've read his name as a bidder in some auctions in the past.
Maybe it's because of that or that he's been active there for a long time and it was introduced afterwards?!

Yes, some people do not need to make deposits when bidding.
I am not sure how they determine who does and does not Huh
legendary
Activity: 1260
Merit: 2014
nice sale!

and deposits? I have never had to make a deposit there when bidding.

Are you sure about that? Even with an account you can't bid without depositing a small percentage of your bid



If I remember correct, Mopar has a "verified" account. I'm not sure, but I think I've read his name as a bidder in some auctions in the past.
Maybe it's because of that or that he's been active there for a long time and it was introduced afterwards?!
member
Activity: 555
Merit: 49
Holder of last resort
nice sale!

and deposits? I have never had to make a deposit there when bidding.

Are you sure about that? Even with an account you can't bid without depositing a small percentage of your bid

member
Activity: 81
Merit: 7
Congrats to the winner. My first time trying scarce.city. Easy experience.
Need to look into it more, though - is it like an exchange holding my funds or do they have a decentralized system behind it etc.
Also, what I don't like - there is no "verify bid" pop-up before submitting your bid, seems easy to make a mistake by adding one digit too much.

Anyway, GG PeakDk.

Yes, congrats to PeakDK for winning the awesome Squirrelbits slab Cheesy

I am not exactly sure how Scarce City handles their bids/deposits, but I do know they use LN for a lot of it, so would imagine they have some kind of open LN channel with a decent amount of capacity.

Maybe something to add for a future update/upgrade to their user experience on their platform... I know they are always open to improvement/comments to further the experience Cheesy

They do have a Telegram group that is open to join: https://t.me/+Y8cTAoHurtowODhh

Keep an eye out in your e mail, in the past it took a few days then they will e mail you the funds, you can download “wallet of satoshi” to redeem on the lightning network to send wherever you want.

You elected for unlimited bidding so you deposited the funds…

This is my understanding and what happens to me the first time.
legendary
Activity: 2254
Merit: 2419
EIN: 82-3893490
nice sale!

and deposits? I have never had to make a deposit there when bidding.
member
Activity: 555
Merit: 49
Holder of last resort
Congrats to the winner. My first time trying scarce.city. Easy experience.
Need to look into it more, though - is it like an exchange holding my funds or do they have a decentralized system behind it etc.
Also, what I don't like - there is no "verify bid" pop-up before submitting your bid, seems easy to make a mistake by adding one digit too much.

Anyway, GG PeakDk.

Yes, congrats to PeakDK for winning the awesome Squirrelbits slab Cheesy

I am not exactly sure how Scarce City handles their bids/deposits, but I do know they use LN for a lot of it, so would imagine they have some kind of open LN channel with a decent amount of capacity.

Maybe something to add for a future update/upgrade to their user experience on their platform... I know they are always open to improvement/comments to further the experience Cheesy

They do have a Telegram group that is open to join: https://t.me/+Y8cTAoHurtowODhh


You can deposit 1 million sats on-chain without lightning and have access to unlimited bids for most of their auctions
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