Topic: 63.1265 BTC share of CoinHoarder's Avalon Batch 3 Group Buy (3 day auction!) - page 2. (Read 4686 times)

Hey, Just saw this post a bit too late.  Would have loved to throw in a bid for half of the shares.  Do you intend to take on more more at any point or do you recommend another group if you are not currently adding anymore?

thanks!
-JC 

2 BTC earnest money sent.
Transaction id: https://blockchain.info/tx/09c209228cb069eac73306779d5776c19102016209e3486cc0de82c57814b60c

Should have the rest of the bitcoins by mid next week.  Stupid ACH transactions take forever...

eh.. still awake.

SEE ABOVE FOR PAYMENT INFO. THIS INFORMATION IS ASSUMING YOU'VE ALREADY PAID.

This is just a bunch of accounting mumbo jumbo, sorry for the wall of text, but I thought I should explain it to you guys.

As per the OP, we auctioned off:
Cycloid's ownership: 63.1265 BTC
Cycloid's ownership percentage: ~ 8.73478368%
Cycloid's portion of hash speed: ~ 51.971 Gh

The 51.971 Gh is split like this between the winners:
josh4580           10 Gh
drlatino999        10 Gh
skidelo              20 Gh
yolo                    5 Gh
Ajay             1.971 Gh
Superduh            5 Gh

I do my books in BTC, that is how we've done it all along, but we made the auction in Gh so people can see what they are buying easily. From now on, each share you own will be now be converted to an amount of BTC. This is only so that I can put you in my ownership spreadsheet, which is calculated by the original amount of BTC each investor invested.

The formula I used to determine your share amounts is simple cross multiplication: (Gh Won in Auction) x (Cycloid's original investment) / (Cycloid's total hash speed) = (Your amount of shares in the group buy in BTC)

So... assuming you payed, you now own the following shares in the group buy:
josh4580             12.1464855400127             +partialsatoshi=    12.14648555 BTC
drlatino999          12.1464855400127              +partialsatoshi=   12.14648555 BTC
skidelo                 24.2929710800254             +partialsatoshi=   24.29297109 BTC           
yolo                      6.07324277000635            +partialsatoshi=    6.07324278 BTC         
Ajay                      2.394072299936503          +partialsatoshi=    2.39407230 BTC
Superduh              6.07324277000635            +partialsatoshi=    6.07324278 BTC
----------------------------------------------------------------------------------
                 Total: 63.1265 BTC              Total +partialsatoshis=    63.12650006

I am going to give you each a partial satoshi from my shares to make the numbers add up to a real Bitcoin amount. (because they are only divisible by to 0.00000001) 

I haven't messed up calculating any share transfers yet, but I must say that this was the hardest one so far because usually we do these in BTC not Gh, so please look over my work before we make these numbers final. If you have any questions let me know.

Thanks,

Ch

I will get in touch with all the winners soon after Cycloid receives your payment.

That's gonna have to wait until tomorrow though.. it is getting late here.

Thanks!

Cycloid,

BTC has been sent

The transaction is under way, for your information, the transaction ID is:
3c9ab92a9b538afd53b694a3e746359a4bdc30434920cd34b08a0e678a581e03

What information do I need to give CoinHoarder now?

Sounds good. Post here once the payment is made for CoinHoarder to assign your share.

I won't be home until later tonight either. But i'll send the agreed 2 BTC in earnest money as soon as I get home.

Recieved payment for: drlatino999 10 Gh 19.24 BTC

Sent - TX ID - d6ceab11eddc18f6ebdd925644153234619a8554df664ac20644b09f09ba9b95

Sounds good please post here right after you do!

Cycloid,

I dont have access to my desktop now

I can send you payment later tonight.

The auction has finished. Please send your payments to Cycloid's address: 12EujDPYAV4Kp2x72tEeYpRfAH5RoDAy4q

In case of disputes, please only send with an address that is under your control and you can sign with.

Winners
josh4580           10 Gh @ 1.924 BTC    = 19.24 BTC
drlatino999        10 Gh @ 1.924 BTC    =  19.24 BTC
skidelo              20 Gh @ 1.924 BTC     =  38.48 BTC
yolo                    5 Gh @ 1.925 BTC    =  9.625 BTC
Ajay             1.971 GH @ 1.924 BTC    =  3.792204 BTC
Superduh            5 Gh @ 1.95             =  9.75 BTC


Guess Cycloid beat me to it, but I have calculated what everyone needs to send in for your convenience.

Thanks 

Please report your payment here as you make it.

My wallet to send coins for public verification : 12EujDPYAV4Kp2x72tEeYpRfAH5RoDAy4q

https://blockchain.info/address/12EujDPYAV4Kp2x72tEeYpRfAH5RoDAy4q   

Auction has ended, thanks for all who were interested.

I will compile a list of how much each of you need to send Cycloid here shortly.

Yes, you must raise the previous bid by at least .5 BTC to bid

Not sure I understand, there is a bid let's say of 20 Gh @ 1.924 BTC, but the note says minimum bid for >5 is 2.424 ?

I do not accept any PM bids



 No problem, I am ok with your payment arrangement .

Auction ending in:
Timer removed. End time: 2013-05-02+19:43:00

Current winning bids:
josh4580     -      10 Gh @ 1.924 BTC
drlatino999   -      10 Gh @ 1.924 BTC
skidelo         -      20 Gh @ 1.924 BTC
yolo             -        5 Gh @ 1.925 BTC
Ajay             - 1.971 GH @ 1.924 BTC
Superduh     -        5 Gh @ 1.95

Total Gh being auctioned: ~ 51.971Gh

Bid in 1 Gh or >5Gh quantities
Minimum bid for 1 Gh is 3 BTC
Minimum bid for >5 Gh is 2.424 BTC

Less than one hour to go for any of you snipers.. 

Cycloid decided that a "sniped" bid will not extend the auction, so when the countdown has ran out, there is to be no more bidding.

Thanks!

Just place your bids ITT please, otherwise I can't keep the current winners list up to date.

Cycloid has not forwarded any bids to me, the current winners list is still current as far as I'm concerned.

Hah ok nvm