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Topic: [ANN] BuyMyBitcoin.com - NEW auction site for buying and selling bitcoin-BOUNTY! - page 2. (Read 2254 times)

hero member
Activity: 836
Merit: 1007
"How do you eat an elephant? One bit at a time..."
I don't think an auction format will fly for the sale of bitcoins.  I list a bitcoin at $10, someone lists it at $9.99.  Now I have to edit my auction?  How is that any different than an exchange?

Most people will set a "buy it now" price. It will not sell unless it is priced competitively. It's more of an open exchange with buy and sell offers but people can set their minimum asking price or leave it open to auction. If they have a good reputation they could possibly even command a premium. One of the primary benefits is avoiding some of the hassles associated with trading on exchanges.
Vod
legendary
Activity: 3668
Merit: 3010
Licking my boob since 1970
I don't think an auction format will fly for the sale of bitcoins.  I list a bitcoin at $10, someone lists it at $9.99.  Now I have to edit my auction?  How is that any different than an exchange?
hero member
Activity: 836
Merit: 1007
"How do you eat an elephant? One bit at a time..."
Okay, here's the bounty:

10 BTC for the best logo design. Post them in this thread. I will set up a poll where people can vote on the best with the winner getting the bounty, free publicity, admiration and envy of the community!

If I'm missing something let me know.  Smiley

Trader Steve
hero member
Activity: 836
Merit: 1007
"How do you eat an elephant? One bit at a time..."
So you are announcing... nothing?

To the contrary, it is a site that will be up shortly. I am posting now so bitcoin users can request the features that they value most. Also, I will have a bounty posted shortly for the logo design.
bb
member
Activity: 84
Merit: 10
So you are announcing... nothing?
hero member
Activity: 836
Merit: 1007
"How do you eat an elephant? One bit at a time..."
Update: I am no longer offering this service and I no longer control this domain.

Announcing: BuyMyBitcoin.com!

This site will be a place where you can buy or sell your bitcoin in auction format.

You will be able to:

1. set "reserve", "no reserve" and "buy it now" for selling your bitcoin
2. dictate your preferred method of payment (payments will be settled directly between buyer and seller)
3. build your reputation through feedback
4. have FREE listings with miniscule commissions on closed auctions (introductory commissions will be FREE for a period of time and then they will be competitive with the exchanges)

Benefits:

1. person to person trades
2. build your reputation
3. price discovery for bitcoin outside of the exchanges
4. and more things that I can't think of at the moment  Smiley

I am an investor who is funding a large portion of this project. If you have any suggestions or features that you would like to see on the site please post them below or send me a PM.

Expected launch date: 7 - 14 days.

Your feedback and suggestions are appreciated!

Okay, here's the bounty:

10 BTC for the best logo design. Post your design in this thread. I will set up a poll where people can vote on the best with the winner getting the bounty, free publicity, admiration and envy of the community!

Thanks,
Trader Steve
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