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Topic: 8 lots of 1,000 CK gold each -> 2014-11-27, 21:00 GMT - page 3. (Read 11381 times)

legendary
Activity: 1610
Merit: 1004
 Shocked

2000 @ 0.08
pa
hero member
Activity: 528
Merit: 501
Rhadamanthus bids 6000 @ .08
donator
Activity: 1722
Merit: 1036

We have completed calculations about what is the minimum price we are willing to sell gold. It happens that this price is 0.06. Therefore this + the 2 auctions that we have left until the Version 2: Ancients is playable, will all have the reserve of 0.06, and only meager amounts for sale at that price.

In the later game, gold represents the ownership of the whole game and the dividends of its success. At the current amount and price of gold, this is valued at 24,600 XMR and it therefore makes no sense to dilute the ownership further at any lower price.

If anyone remembers what I said no more than 3 weeks ago concerning land, now it's the time to say the same concerning gold.  Cool
donator
Activity: 1722
Merit: 1036
date=1416436152]
Auction #9/11: About 1 day left until the auction ends.

Situation currently:

1,000 @ 0.07  medusa13
2,000 @ 0.07  Master Jacket
3,000 @ 0.07  Lord Karl
2,000 @ 0.06  Master Saddam
----------------------------------------------------
0 @ 0.06 reserve


If the auction would end now, the price would be 0.06 XMR/CKG.

The price in the ingame market is currently 0.0795/0.0705, with the maximum trade of 2,000 gold.
full member
Activity: 212
Merit: 100
3000 @ 0.07
donator
Activity: 1722
Merit: 1036
Auction #9/11: About 1 day left until the auction ends.

Situation currently:

1,000 @ 0.07  medusa13
2,000 @ 0.07  Master Jacket
2,000 @ 0.06  Master Saddam
----------------------------------------------------
3,000 @ 0.06 reserve


If the auction would end now, the price would be 0.06 XMR/CKG.

The price in the ingame market is currently 0.0795/0.0705, with the maximum trade of 2,000 gold.
hero member
Activity: 784
Merit: 501
donator
Activity: 1722
Merit: 1036
Auction #9/11: About 1 day left until the auction ends.

Situation currently:

1,000 @ 0.07  medusa13
2,000 @ 0.06  Master Saddam
----------------------------------------------------
5,000 @ 0.06 reserve


If the auction would end now, the price would be 0.06 XMR/CKG.

The price in the ingame market for small lots is currently 0.0795/0.0705, with the maximum trade of 2,000 gold.
donator
Activity: 1722
Merit: 1036
Auction #9/11: About 2 days left until the auction ends.

Situation currently:

1,000 @ 0.07  medusa13
2,000 @ 0.06  Master Saddam
----------------------------------------------------
5,000 @ 0.06 reserve


If the auction would end now, the price would be 0.06 XMR/CKG.

The price in the ingame market for small lots is currently 0.0848/0.0752, with the maximum trade of 2,000 gold.
sr. member
Activity: 453
Merit: 500
hello world
i changed my mind.

1000 @ 0.07
donator
Activity: 1722
Merit: 1036
Auction #9/11: About 3 days left until the auction ends.

Situation currently:

2,000 @ 0.06  Master Saddam
----------------------------------------------------
6,000 @ 0.06 reserve


If the auction would end now, the price would be 0.06 XMR/CKG.

The price in the ingame market for small lots is currently 0.0848/0.0752, with the maximum trade of 2,000 gold.
legendary
Activity: 1610
Merit: 1004
2,000 @ 0.06
donator
Activity: 1722
Merit: 1036
Auction #9/11: About 3 days left until the auction ends.

Situation currently:

----------------------------------------------------
8,000 @ 0.06 reserve


If the auction would end now, the price would be 0.06 XMR/CKG.

The price in the ingame market for small lots is currently 0.0848/0.0752, with the maximum trade of 2,000 gold.


Note to all: It does not make any sense to bid the lowest possible amount. The only thing that it causes to happen is that you miss out more easily. The price in the auction is same for everyone, and it is the highest non-winning bid. This auction method is specially designed to eliminate any benefit from underbidding, and indeed there are none. So please do yourself a favor, consider what is the highest price you are willing to pay, and bid that amount. No need to check back, and you never pay more than the market rate, and are the first in line to receive the gold.
donator
Activity: 1722
Merit: 1036
As part of the HM The King's gold sales, mandated by the rules, 8 lots of 1,000 units of CK gold each, will be offered for auction.

This auction is #9 of the 11 planned.

The bids are to be given in the following format: "quantity @ price (XMR)". For example "2,000 @ 0.15".

The minimum bid is 0.06. No more than 2 decimals.

Auction #1 closed at 0.26 (10,000 gold sold).
Auction #2 closed at 0.23 (11,000 gold sold).
Auction #3 closed at 0.23 (16,000 gold sold).
Auction #4 closed at 0.19 (10,000 gold sold).
Auction #5 closed at 0.15 (3,000 gold sold).
Auction #6 closed at 0.12 (13,000 gold sold).
Auction #7 closed at 0.10 (14,000 gold sold).
Auction #8 closed at 0.08 (10,000 gold sold).


Higher bid wins over lower one, earlier bid wins over later one, and all winners pay the same amount per lot (the price of the highest non-winning bid).

It is possible that the King adds more gold for sale to this auction. Should this happen, some of the bids that have already dropped below the winline may be raised back above the winline. It is therefore possible to cancel bids IFF you make a higher bid for the same or higher amount. The possible canceling of the lower bid must be done simultaneously with the placing of the higher bid.

The right to participate in the auction is limited as follows:
- if it is not legal for you to do so, cannot participate
- negative trust rating, cannot participate
- Full Members or lower, limited to 1 lot
- Senior Members or higher, or existing players of the game, limited to 10 lots.

The winners who are already not characters, will be created characters in the game after they pay for the gold and supply the character stats (age, sex, nick).

Auction closes 9 pm GMT Thursday, BCT server time, or 3 minutes after the last winning bid (in case a winning bid was submitted during the last 3 minutes, the auction lasts as long as there are no new winning bids submitted in 3 minutes since the previous one).

Gold bought in this auction must be paid in 24 hours after receiving the payment instructions in monero (XMR). The payment instructions will be sent to you in a PM. XMR can be bought with BTC here. Non-payment is considered default and results in forfeiture of game assets, or denial to enter the game at a later time, as well as loss of reputation and trust rating. Characters in the game are automatically billed the gold from their moneretos account, and they need to take care of the deposit themselves.

HM The King reserves the right to make clarifications.
donator
Activity: 1722
Merit: 1036
Auction #8/11: Auction has ended.

Situation currently:

4,000 @ 0.10 Lord Karl
3,000 @ 0.09 The Marquess of New Liberty
1,000 @ 0.09 kronicblazer
2,000 @ 0.08 saddambitcoin
----------------------------------------------------
1,000 @ 0.08 Jacket


The price in the auction was 0.08 XMR/CKG. 10,000 gold was sold.
donator
Activity: 1722
Merit: 1036
Auction #8/11: About 30 minutes left until the auction ends.

Situation currently:

4,000 @ 0.10 Lord Karl
3,000 @ 0.09 The Marquess of New Liberty
1,000 @ 0.09 kronicblazer
2,000 @ 0.08 saddambitcoin
----------------------------------------------------
1,000 @ 0.08 Jacket


If the auction would end now, the price would be 0.08 XMR/CKG.
sr. member
Activity: 252
Merit: 250
1000 @ 0.09
legendary
Activity: 1204
Merit: 1002
Gresham's Lawyer
3000 @ .09
donator
Activity: 1722
Merit: 1036
Auction #8/11: About 2 hours left until the auction ends.

Situation currently:

4,000 @ 0.10 Karl Hungus
2,000 @ 0.08 saddambitcoin
1,000 @ 0.08 Jacket
----------------------------------------------------
3,000 @ 0.08 reserve


If the auction would end now, the price would be 0.08 XMR/CKG.
hero member
Activity: 784
Merit: 501
1000 @ .08
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