900 ASICMINER shares auction | Bitcointalksearch.org

punin

hero member

Activity: 560

Merit: 500

Quote from: nanopene on February 28, 2013, 12:01:51 PM

Status: 0/unconfirmed, broadcast through 6 nodes
Date: 2/28/2013 14:00
To: punin 17QbuHR5Fim71AxBNNt958nZFrUGEJxZ6q
Debit: -430.00 BTC
Net amount: -430.00 BTC
Transaction ID: d5f45d56a7196d7c147315fd912fb2cf45371594c48d0aef4c2da2960634bfaa

UPDATE:

Confirmed as received!

Auction now closed, all shares paid. Thank you to all bidders!

davecoin

hero member

Activity: 816

Merit: 1000

congrats

nanopene

newbie

Activity: 49

Merit: 0

Status: 0/unconfirmed, broadcast through 6 nodes
Date: 2/28/2013 14:00
To: punin 17QbuHR5Fim71AxBNNt958nZFrUGEJxZ6q
Debit: -430.00 BTC
Net amount: -430.00 BTC
Transaction ID: d5f45d56a7196d7c147315fd912fb2cf45371594c48d0aef4c2da2960634bfaa

wisard

sr. member

Activity: 272

Merit: 250

Any update on this?

nanopene

newbie

Activity: 49

Merit: 0

I am really sorry for the mess guys.
I should have been way more careful, as it was my first time at the auction.
I wish to take responsibility of my mistakes, I'll be back to you guys with the definitive decision tonight.
It is not lack of funds or lack of will, but lack of a sterile environment to access my wallets. I am currently out of the country and that makes it harder for me.

punin

hero member

Activity: 560

Merit: 500

Update:

Nanopene has contacted me and promised to pay for the shares by the end of the week. This means, that the dividends might get paid to me, but I will reimburse him for the amount when he completes the payment.

Auction is hereby closed, Icebreaker and Berto will hopefully receive the ownership of their shares by tomorrow. I will now contact Friedcat to complete the transfer.

Thank you everyone!

punin

hero member

Activity: 560

Merit: 500

If nanopene totally backs out, then I have a big mess on my hands, as his bid pretty much put an end to further bidding. I will need to see what is the fairest thing to do in that case. I've received tons of PMs asking for shares, placing bids, changing bids etc.

Icebreaker and Berto had higher bids than nanopene, and they have already paid. Needless to say, their bids would've been unlikely to exceed 0.5 BTC without nanopene's bid.

The dividend payment day is just 2 days from now. If I'm unable to settle this auction before then, it's all gonna be even more messed up, as the shares will not get transferred in time etc.

I hope to hear from nanopene soon, so we can settle this auction in a professional and fair manner.

wisard

sr. member

Activity: 272

Merit: 250

Thanks for the update.

I just wanted to post a clarification. If in case Nanopene does not pay and you have to go down the list until you hit the price of 0.43 - then my name wisard should get priority over johnyj's bid. Because I posted my bid well before his. (Right now, his name is listed above mine - not sure why. I didn't say anything because it was a losing bid and didn't matter. But if it is a winning bid, and the number of shares matter, then please make sure I get the first preference for bids placed earlier - I will buy the shares. Thanks.)

punin

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Activity: 560

Merit: 500

Nanopene has contacted me and promised to pay for the shares. I have given him the option to a) pay for all 860 shares at the price of 0.5 BTC per share b) pay whatever amount he can pay for at 0.5 BTC per share. Unpaid shares will then be sold to next highest bidder until all shares have been exhausted c) not pay anything and lose the possibility of getting any shares. This should all happen before the projected dividend payout.

davecoin

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Activity: 816

Merit: 1000

Quote from: punin on February 25, 2013, 02:35:10 AM

Quote from: nanopene on February 25, 2013, 01:22:46 AM

Actually I misstyped 0.45, sorry guys.
I wonder if I can cancel it and get penalized somehow, if such option is available.
But if I must pay that much, it will take a bit until I settle a few things around here first.

I'm sorry, but this is an auction, you should pay more attention to what you bid. Unless you pay the price you bid for these shares (and forced others to bid more than you) I will fulfill your bids last, ie. you go to the end of the line. You have 48 hours to come up with the payment. You may also settle for a smaller amount of shares.

Would that then mean other people that placed bids are still obligated to purchase those shares? I only ask because I assumed the funds I bid (21BTC) could then be used for other means due to "losing" the auction. Just seeking clarification.

Thanks,
David

velacreations

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Activity: 476

Merit: 250

Quote from: mc_lovin on February 25, 2013, 03:07:39 AM

True, but if anyone reading this has shares they can let me know. It's that or a WTB thread..

yeah, me too. PM me if you want to sell some shares, anyone!

punin

hero member

Activity: 560

Merit: 500

Quote from: iCEBREAKER on February 25, 2013, 11:40:29 AM

BTC5.2 sent to 17AgHHkRVXtNdh4f7W4ZSP4ykeRUNvXBJn

TxID# 53929bb0837e268de45eba1f8bbe0ae9dd6bad51fef7ab9ae88a660f23930269

Payment for 10 shares @ 0.52 received, thank you.

iCEBREAKER

legendary

Activity: 2156

Merit: 1072

Crypto is the separation of Power and State.

BTC5.2 sent to 17AgHHkRVXtNdh4f7W4ZSP4ykeRUNvXBJn

TxID# 53929bb0837e268de45eba1f8bbe0ae9dd6bad51fef7ab9ae88a660f23930269

romerun

legendary

Activity: 1078

Merit: 1002

Bitcoin is new, makes sense to hodl.

hm.. would be nice if it's done before FEB28 so that we can get dividend...

mc_lovin

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www.bitcointrading.com

Quote from: punin on February 25, 2013, 02:38:50 AM

Quote from: mc_lovin on February 25, 2013, 01:54:42 AM

Quote from: nanopene on February 25, 2013, 01:22:46 AM

Actually I misstyped 0.45, sorry guys.
I wonder if I can cancel it and get penalized somehow, if such option is available.
But if I must pay that much, it will take a bit until I settle a few things around here first.

That having been said I will pay 0.5 BTC across 18 shares so 9 BTC.

The auction has ended yesterday at 22 EET. I'm sorry, but I think it would be unfair toward other bidders to let this auction continue.

True, but if anyone reading this has shares they can let me know. It's that or a WTB thread..

punin

hero member

Activity: 560

Merit: 500

Quote from: mc_lovin on February 25, 2013, 01:54:42 AM

Quote from: nanopene on February 25, 2013, 01:22:46 AM

Actually I misstyped 0.45, sorry guys.
I wonder if I can cancel it and get penalized somehow, if such option is available.
But if I must pay that much, it will take a bit until I settle a few things around here first.

That having been said I will pay 0.5 BTC across 18 shares so 9 BTC.

The auction has ended yesterday at 22 EET. I'm sorry, but I think it would be unfair toward other bidders to let this auction continue.

punin

hero member

Activity: 560

Merit: 500

Quote from: nanopene on February 25, 2013, 01:22:46 AM

Actually I misstyped 0.45, sorry guys.
I wonder if I can cancel it and get penalized somehow, if such option is available.
But if I must pay that much, it will take a bit until I settle a few things around here first.

I'm sorry, but this is an auction, you should pay more attention to what you bid. Unless you pay the price you bid for these shares (and forced others to bid more than you) I will fulfill your bids last, ie. you go to the end of the line. You have 48 hours to come up with the payment. You may also settle for a smaller amount of shares.

davecoin

hero member

Activity: 816

Merit: 1000

Damn. That is one expensive typo.

mc_lovin

legendary

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Merit: 1000

www.bitcointrading.com

Quote from: nanopene on February 25, 2013, 01:22:46 AM

Actually I misstyped 0.45, sorry guys.
I wonder if I can cancel it and get penalized somehow, if such option is available.
But if I must pay that much, it will take a bit until I settle a few things around here first.

That having been said I will pay 0.5 BTC across 18 shares so 9 BTC.

nanopene

newbie

Activity: 49

Merit: 0

Actually I misstyped 0.45, sorry guys.
I wonder if I can cancel it and get penalized somehow, if such option is available.
But if I must pay that much, it will take a bit until I settle a few things around here first.

punin

hero member

Activity: 560

Merit: 500

Payment of 15.3 BTC by Berto for 30 shares has been completed: 1N4jnWsZAVoqQ4mE7GsTn7xK7f6L8a98Ap

friedcat

donator

Activity: 848

Merit: 1005

The transfer will be done after the payments are confirmed.

punin

hero member

Activity: 560

Merit: 500

Amounts due:

Icebreaker - 5.2 BTC - 17AgHHkRVXtNdh4f7W4ZSP4ykeRUNvXBJn
Berto - 15.3 BTC - 1N4jnWsZAVoqQ4mE7GsTn7xK7f6L8a98Ap
nanopene - 430 BTC - 17QbuHR5Fim71AxBNNt958nZFrUGEJxZ6q

punin

hero member

Activity: 560

Merit: 500

UPDATE

I received a private message from Friedcat and he is ready to do the transfer. The procedure shall be as follows:

1. Winning bidders transfer correct amount of bitcoins to wallet specified below.
2. Winning bidders send their e-mail address and preferred bitcoin address for paying out dividends to friedcat via forum private message.
3. Friedcat checks that the amount has indeed been paid and transfers the ownership to new owners.

Icebreaker - 17AgHHkRVXtNdh4f7W4ZSP4ykeRUNvXBJn https://blockchain.info/address/17AgHHkRVXtNdh4f7W4ZSP4ykeRUNvXBJn
Berto - 1N4jnWsZAVoqQ4mE7GsTn7xK7f6L8a98Ap https://blockchain.info/address/1N4jnWsZAVoqQ4mE7GsTn7xK7f6L8a98Ap
nanopene - 17QbuHR5Fim71AxBNNt958nZFrUGEJxZ6q https://blockchain.info/address/17QbuHR5Fim71AxBNNt958nZFrUGEJxZ6q

velacreations

sr. member

Activity: 476

Merit: 250

damn, I missed out! I didn't realize we were up to that much, already.

punin

hero member

Activity: 560

Merit: 500

As no bids have been submitter during last hour, the auction has ended.

Bids:
----------------------------------------------------------

Bidder	Shares	Price per share
Icebreaker	10	0.52
Berto (PM)	30	0.51
nanopene	860	0.5

Non-winning bids: ---------------------------------------

nanopene	40	0.5
romantic1	10	0.45
romerun	25	0.45
romerun	50	0.44
johnyj	100	0.43
Wisard	100	0.43
Nancarrow	100	0.43
Davecoin	50	0.42
mc_lovin	10	0.42
BlackLilac	100	0.41
Vezunchik	90	0.41
justanickname (PM)	20	0.41
BitBears	20	0.41
TradeFortress	900	0.40

I will now arrange an escrow or negotiate directly with friedcat to get the ownership transferred to respective winners of the auction.

I will update this thread as I get all of this set up.

velacreations

sr. member

Activity: 476

Merit: 250

Quote from: johnyj on February 23, 2013, 11:06:40 PM

Quote from: JordanL on February 18, 2013, 07:13:02 PM

100 @ 4.1

Is this for real? Shocked

no, I believe it was 100 @ .41

where do we stand on the current bids?

johnyj

legendary

Activity: 1988

Merit: 1012

Beyond Imagination

Quote from: JordanL on February 18, 2013, 07:13:02 PM

100 @ 4.1

Is this for real? Shocked

iCEBREAKER

legendary

Activity: 2156

Merit: 1072

Crypto is the separation of Power and State.

Please update my bid to:

10 @ [highest bid] + BTC0.01

johnyj

legendary

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Beyond Imagination

[email protected] (if that [email protected] did not count) Wink

romantic1

member

Activity: 102

Merit: 10

I'm so glad I can reply now ! [email protected] (PM you an hour ago)

davecoin

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Activity: 816

Merit: 1000

Quote from: JordanL on February 23, 2013, 06:16:03 AM

Quote from: nanopene on February 23, 2013, 04:51:20 AM

900 @ 0.5

hmm. Is this serious??

That's a lot of scratch.

Vezunchik

sr. member

Activity: 420

Merit: 250

bitcoin is an expression of freedom.

Quote from: Vezunchik on February 18, 2013, 03:50:43 PM

400 @ 0.41

I am sorry, but in last few days I've made a lot of deals and now I am short of money. I cant pay for may bid - please lower it for
90 @ 0.41.

romerun

legendary

Activity: 1078

Merit: 1002

Bitcoin is new, makes sense to hodl.

25 @ 0.45
50 @ 0.44

JordanL

donator

Activity: 294

Merit: 250

Quote from: nanopene on February 23, 2013, 04:51:20 AM

900 @ 0.5

hmm. Is this serious??

nanopene

newbie

Activity: 49

Merit: 0

900 @ 0.5

filharvey

hero member

Activity: 866

Merit: 1001

How are the shares to be transfered? What market are they on?

Phil

mc_lovin

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www.bitcointrading.com

10 @ 0.42

punin

hero member

Activity: 560

Merit: 500

velacreations

sr. member

Activity: 476

Merit: 250

20 @ .41

Nancarrow

hero member

Activity: 492

Merit: 503

100 @ 0.43

davecoin

hero member

Activity: 816

Merit: 1000

50 @ 0.42

punin

hero member

Activity: 560

Merit: 500

Update:
----------------------------------------------------------

Bidder	Shares	Price per share
Wisard	100	0.43
Icebreaker	10	0.42
BlackLilac	100	0.41
Vezunchik	400	0.41
PM1	20	0.41
TradeFortress	270	0.40

~80 hours left before the auction completes! Happy bidding!

JordanL

donator

Activity: 294

Merit: 250

Quote

Auction ends on sunday 24th of february 21 EET or 1 hour after last bid after deadline has passed regardless of how many shares were sold

superbit

hero member

Activity: 763

Merit: 500

I am also wondering when is the end date of this auction.

wisard

sr. member

Activity: 272

Merit: 250

100 @ 0.43

iCEBREAKER

legendary

Activity: 2156

Merit: 1072

Crypto is the separation of Power and State.

10 @ 0.42

JordanL

donator

Activity: 294

Merit: 250

100 @ 4.1

punin

hero member

Activity: 560

Merit: 500

Update:
----------------------------------------------------------

Bidder	Shares	Price per share
Vezunchik	400	0.41
PM1	20	0.41
TradeFortress	480	0.40

Happy bidding!

Vezunchik

sr. member

Activity: 420

Merit: 250

bitcoin is an expression of freedom.

400 @ 0.41

punin

hero member

Activity: 560

Merit: 500

PM: 20 @ 0.41

🏰 TradeFortress 🏰

vip

Activity: 1316

Merit: 1043

👻

Oops.

900 @ 0.40

🏰 TradeFortress 🏰

vip

Activity: 1316

Merit: 1043

👻

When is the end date?

punin

hero member

Activity: 560

Merit: 500

Oh blimey. Hit the post button before finalizing my post. Minimum quantity 10 shares. Auction ends on sunday 24th of february 21 EET or 1 hour after last bid after deadline has passed regardless of how many shares were sold.

punin

hero member

Activity: 560

Merit: 500

This is an auction for 900 ASICMINER shares ie. 900/400000 or 0.225% of the company currently in possession of 12TH/s worth of ASICs, and >50TH/s more already on order. This is not a mining bond. Shares grant you ownership and dividents from a company that manufactures Bitcoin ASICs and runs a massive farm using those chips.

Starting price is 0.40 BTC per share, and minimal increment in price is 0.01 BTC. Please place your bets in form of <# of shares> @ eg. 100 @ 0.40

About the company:
As you may know, ASICMINER is the first company to bring notable ASIC hashpower onto the network, and is the primary cause for the recent difficulty rise of over 10%. You can read more about ASICMINER here: https://bitcointalksearch.org/topic/asicminer-entering-the-future-of-asic-mining-by-inventing-it-99497

ASICMINER promises to withold from taking any profits from mining until the shareholders will break even against the IPO price. After that, weekly dividends will be paid. ASICMINER plans to increase their hashing power to 50TH/s in the short term, and even more in long term. Resale of mining hardware is also planned, and shareholders will be entitled to their share of profits from that as well. Further hardware development has been planned as well.

Winning bidders will be asked to transfer BTC to an escrow (to be decided, volunteers welcome). Funds will be released to seller after escrow receives proof and confirmation that shares have been passed on to the winners of this auction.

Topic: 900 ASICMINER shares auction (Read 5371 times)