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Topic: ASICMINER: board seat (equivalent of 5000 shares) for sale (Read 15472 times)

donator
Activity: 919
Merit: 1000
Status: Completed

Thanks John and Graet for your great support and the smooth processing. Some coins are on their way to you as partial compensation for your hard work.

This was my first auction in this sub-forum and as such I made some mistakes that caused confusion, which I need to say sorry for. At least I learned why established auction platforms deserve the fees they are charging Wink


Best of luck to the buyers and (new) shareholders. With the recent news dripping in from BFL, it seems ASICMINER will be able to keep a solid portion of the network hashrate for some more weeks and allow for a quicker ROI.


With my closing words I'd like to ask everyone involved for a favor. So far I did not care too much about the WoT ratings people are referring to at bitcoin-otc, since one needs time to spent to take the technical hurdles in order to participate. OTOH, there is currently no mechanism available in this forum to indicate how trustworthy a member is. Therefore, if you are familiar with the WoT processing, it would be nice if you could rate me there.


Thanks and Good Luck
vip
Activity: 980
Merit: 1001
Escrow released to zefir

Status: 0/unconfirmed, broadcast through 8 nodes
Date: 26/02/2013 12:43
To: zefir asciminer payment 16CV4ktaWSp9TjEt2Wf4MMDhYbYi4TKXGc
Debit: -180.00 BTC
Net amount: -180.00 BTC
Transaction ID: adf49af16b05eacb558bd53512779749a0608e2495d793e13718885a722f3af2

http://blockchain.info/tx-index/56507403/adf49af16b05eacb558bd53512779749a0608e2495d793e13718885a722f3af2

Best wishes
Graet
legendary
Activity: 1288
Merit: 1227
Away on an extended break
The transferring has been processed. To make the database more complete, the owners of following addresses could PM me with your e-mail address.

*)   100 to address 1AXKZp4KU4tA4yPoFtHQPHoUi2DmWgHdEd
*)   200 to address 1ZKrazKLvfxNCYqk4BbboxiPonB9U3Pwh
*)   100 to address 1Bgu2w4vBTXDDkpWkjAeomVnRRYASnCaJV
Great! Zefir and asnonmous, would you consider this transaction to be done?

Zefir, please provide to me the address where I should release the funds when the transaction is complete.

My address for this deal is in the contract: 16CV4ktaWSp9TjEt2Wf4MMDhYbYi4TKXGc

As for friedcat's confirmation: I included asnonmous' email address in my transfer request, since he becomes a board member and is added to the related mailing list. That's why friedcat is asking only the other three buyers to provide an email address, nevertheless all 4 transactions are confirmed.

I'm also fine to wait for all buyers to get their personal confirmation before the funds are released.
Address duly noted. I'll release within 24 hours (have to go to the safe for that) upon confirmation by asnonmous.

Friedcat has confirmed the transfer to me in PM.  Signed message:

Code:
Friedcat has confirmed the transfer to me in PM.  I am clearing John to release the funds(2200 btc) to Zefir, and will send John a tip by end of day(In addition to Zefir's mentioned escrow tip).

Signature(Bitcoin-qt 0.7.2):
Code:
HzNWY+tRbfLMRB9lPhkrU3Kfvc2riK/SzBrvD7Z93xwGYx3P3iTCsYBoTW0MiwTTDQ3iNCkz6Ud+OmO8a4xJwgM=

Also, Vezunchik, it is pretty blatantly unprofessional and untrustworthy to not follow through on a bid, and then demand the seller compete in a reverse-auction on a different thread.  That just isn't how these transactions are supposed to be done, and indicates a lack of trustworthiness.  I'm sure Zefir won't mind too much, as he only wanted to sell 5,000 shares to begin with, and the auction ended up with him selling more.  And Asicminer seems to be doing well.  But you have wasted his time, Graet's time, and other's time in this thread.

Escrow released to the address above: http://blockchain.info/tx/e3d274b27ce63dd527c1bab2d447b72793b16a59c02884e82e3ce6d2af06c405

Thanks for the smooth deal and the tips! (and I can finally return the laptop to the safe for the day)  Grin
newbie
Activity: 35
Merit: 0
The transferring has been processed. To make the database more complete, the owners of following addresses could PM me with your e-mail address.

*)   100 to address 1AXKZp4KU4tA4yPoFtHQPHoUi2DmWgHdEd
*)   200 to address 1ZKrazKLvfxNCYqk4BbboxiPonB9U3Pwh
*)   100 to address 1Bgu2w4vBTXDDkpWkjAeomVnRRYASnCaJV
Great! Zefir and asnonmous, would you consider this transaction to be done?

Zefir, please provide to me the address where I should release the funds when the transaction is complete.

My address for this deal is in the contract: 16CV4ktaWSp9TjEt2Wf4MMDhYbYi4TKXGc

As for friedcat's confirmation: I included asnonmous' email address in my transfer request, since he becomes a board member and is added to the related mailing list. That's why friedcat is asking only the other three buyers to provide an email address, nevertheless all 4 transactions are confirmed.

I'm also fine to wait for all buyers to get their personal confirmation before the funds are released.
Address duly noted. I'll release within 24 hours (have to go to the safe for that) upon confirmation by asnonmous.

Friedcat has confirmed the transfer to me in PM.  Signed message:

Code:
Friedcat has confirmed the transfer to me in PM.  I am clearing John to release the funds(2200 btc) to Zefir, and will send John a tip by end of day(In addition to Zefir's mentioned escrow tip).

Signature(Bitcoin-qt 0.7.2):
Code:
HzNWY+tRbfLMRB9lPhkrU3Kfvc2riK/SzBrvD7Z93xwGYx3P3iTCsYBoTW0MiwTTDQ3iNCkz6Ud+OmO8a4xJwgM=

Also, Vezunchik, it is pretty blatantly unprofessional and untrustworthy to not follow through on a bid, and then demand the seller compete in a reverse-auction on a different thread.  That just isn't how these transactions are supposed to be done, and indicates a lack of trustworthiness.  I'm sure Zefir won't mind too much, as he only wanted to sell 5,000 shares to begin with, and the auction ended up with him selling more.  And Asicminer seems to be doing well.  But you have wasted his time, Graet's time, and other's time in this thread.
donator
Activity: 919
Merit: 1000
I think this means that you really mind after all. I mean "get banned from eBay", "get your account on this forum tagged" and so on. If you so worry about it you may look at this or tell me what you really need to have no bad feelings (not just for polite post with hidden sense).
Hey, let's leave it at this, no need to get personal.

I pointed you to the ToS of eBay as a reference for the rules in this sub-forum to show you where you were wrong. It was meant as a friendly hint to you and free coaching on your personal journey towards becoming a reputable community member. Your choice whether you take it as what it was meant to be, or start interpreting something into that is not there.

All the best.
sr. member
Activity: 420
Merit: 250
bitcoin is an expression of freedom.
I think this means that you really mind after all. I mean "get banned from eBay", "get your account on this forum tagged" and so on. If you so worry about it you may look at this or tell me what you really need to have no bad feelings (not just for polite post with hidden sense).
Also note that I've contacted with you to warn about that I will not pay. (I've not just disappeared at last moment...)

I confirm this, I have been contacted via PM and informed that the payment can't be processed in time.

The reason I did not mention this is to not escalate the issue and quickly forget about it. Thing is, no matter whether you notified me or not: the bids you posted are binding, it is irrelevant why you did not finalize your part of the deal.

I don't really mind, since I am not loosing anything by keeping those shares. But since you are active on other auctions, do yourself a favor and bid only for what you can afford to pay. You get banned from eBay doing this once and you might get your account on this forum tagged if you end up with someone who is not equally lenient.
legendary
Activity: 1288
Merit: 1227
Away on an extended break
The transferring has been processed. To make the database more complete, the owners of following addresses could PM me with your e-mail address.

*)   100 to address 1AXKZp4KU4tA4yPoFtHQPHoUi2DmWgHdEd
*)   200 to address 1ZKrazKLvfxNCYqk4BbboxiPonB9U3Pwh
*)   100 to address 1Bgu2w4vBTXDDkpWkjAeomVnRRYASnCaJV
Great! Zefir and asnonmous, would you consider this transaction to be done?

Zefir, please provide to me the address where I should release the funds when the transaction is complete.

My address for this deal is in the contract: 16CV4ktaWSp9TjEt2Wf4MMDhYbYi4TKXGc

As for friedcat's confirmation: I included asnonmous' email address in my transfer request, since he becomes a board member and is added to the related mailing list. That's why friedcat is asking only the other three buyers to provide an email address, nevertheless all 4 transactions are confirmed.

I'm also fine to wait for all buyers to get their personal confirmation before the funds are released.
Address duly noted. I'll release within 24 hours (have to go to the safe for that) upon confirmation by asnonmous.
hero member
Activity: 518
Merit: 500
Also note that I've contacted with you to warn about that I will not pay. (I've not just disappeared at last moment...)

Thing is, no matter whether you notified me or not: the bids you posted are binding, it is irrelevant why you did not finalize your part of the deal.

I don't really mind, since I am not loosing anything by keeping those shares. But since you are active on other auctions, do yourself a favor and bid only for what you can afford to pay. You get banned from eBay doing this once and you might get your account on this forum tagged if you end up with someone who is not equally lenient.

+1
donator
Activity: 919
Merit: 1000
The transferring has been processed. To make the database more complete, the owners of following addresses could PM me with your e-mail address.

*)   100 to address 1AXKZp4KU4tA4yPoFtHQPHoUi2DmWgHdEd
*)   200 to address 1ZKrazKLvfxNCYqk4BbboxiPonB9U3Pwh
*)   100 to address 1Bgu2w4vBTXDDkpWkjAeomVnRRYASnCaJV
Great! Zefir and asnonmous, would you consider this transaction to be done?

Zefir, please provide to me the address where I should release the funds when the transaction is complete.

My address for this deal is in the contract: 16CV4ktaWSp9TjEt2Wf4MMDhYbYi4TKXGc

As for friedcat's confirmation: I included asnonmous' email address in my transfer request, since he becomes a board member and is added to the related mailing list. That's why friedcat is asking only the other three buyers to provide an email address, nevertheless all 4 transactions are confirmed.

I'm also fine to wait for all buyers to get their personal confirmation before the funds are released.
donator
Activity: 919
Merit: 1000
Also note that I've contacted with you to warn about that I will not pay. (I've not just disappeared at last moment...)

I confirm this, I have been contacted via PM and informed that the payment can't be processed in time.

The reason I did not mention this is to not escalate the issue and quickly forget about it. Thing is, no matter whether you notified me or not: the bids you posted are binding, it is irrelevant why you did not finalize your part of the deal.

I don't really mind, since I am not loosing anything by keeping those shares. But since you are active on other auctions, do yourself a favor and bid only for what you can afford to pay. You get banned from eBay doing this once and you might get your account on this forum tagged if you end up with someone who is not equally lenient.
legendary
Activity: 1288
Merit: 1227
Away on an extended break
The transferring has been processed. To make the database more complete, the owners of following addresses could PM me with your e-mail address.

*)   100 to address 1AXKZp4KU4tA4yPoFtHQPHoUi2DmWgHdEd
*)   200 to address 1ZKrazKLvfxNCYqk4BbboxiPonB9U3Pwh
*)   100 to address 1Bgu2w4vBTXDDkpWkjAeomVnRRYASnCaJV
Great! Zefir and asnonmous, would you consider this transaction to be done?

Zefir, please provide to me the address where I should release the funds when the transaction is complete.
donator
Activity: 848
Merit: 1005
The transferring has been processed. To make the database more complete, the owners of following addresses could PM me with your e-mail address.

*)   100 to address 1AXKZp4KU4tA4yPoFtHQPHoUi2DmWgHdEd
*)   200 to address 1ZKrazKLvfxNCYqk4BbboxiPonB9U3Pwh
*)   100 to address 1Bgu2w4vBTXDDkpWkjAeomVnRRYASnCaJV
sr. member
Activity: 420
Merit: 250
bitcoin is an expression of freedom.
Also note that I've contacted with you to warn about that I will not pay. (I've not just disappeared at last moment...)
Status Update

The payment window is closed now. All but Vezunchik did paid their funds to their escrow addresses, I sent friedcat a transfer request as follows:
Code:
*) 5'000 to address 12mwAvJywtQF5rJXHzdBQd4yq8EVD7NZqX
*)   100 to address 1AXKZp4KU4tA4yPoFtHQPHoUi2DmWgHdEd
*)   200 to address 1ZKrazKLvfxNCYqk4BbboxiPonB9U3Pwh
*)   100 to address 1Bgu2w4vBTXDDkpWkjAeomVnRRYASnCaJV

He will either confirm the transfers here or I'll post his PGP signed confirmation when I have it available.
donator
Activity: 919
Merit: 1000
Status Update

The payment window is closed now. All but Vezunchik did paid their funds to their escrow addresses, I sent friedcat a transfer request as follows:
Code:
*) 5'000 to address 12mwAvJywtQF5rJXHzdBQd4yq8EVD7NZqX
*)   100 to address 1AXKZp4KU4tA4yPoFtHQPHoUi2DmWgHdEd
*)   200 to address 1ZKrazKLvfxNCYqk4BbboxiPonB9U3Pwh
*)   100 to address 1Bgu2w4vBTXDDkpWkjAeomVnRRYASnCaJV

He will either confirm the transfers here or I'll post his PGP signed confirmation when I have it available.
donator
Activity: 919
Merit: 1000
I remember that last time nanotube held escrow for Vandroiy and Pirate's bet for 10,000BTC, so there's larger OTC trades AFAIK.
[...]

What an irony: the largest escrow in Bitcoin history is connected to the largest fraud in its history  Sad

Time to change that: there are currently houses on offer in this subforum that scratch that magic 10k barrier.
donator
Activity: 919
Merit: 1000
I will be certain to tip nicely for your time and risk- What address would you like the tip to go to?  Thank you so much for doing this.

I stated that I will pay escrow fees, and that's what I am going to do. Of course you are free to add something on top of that Wink

Since John and Graet work on tip basis, I find it hard to estimate what a fair amount would be. I came up with something that I would escrow for:
  • 0.5% of the escrowed sum to cover risks
  • plus 0.5BTC fixed per transaction to cover time spent

Not sure how reasonable this is (my only own escrow I did so far was for free), but as soon as the deal is done, I'll pay 12BTC to John and 5BTC to Graet. Feel free to add whatever you think is fair on top of it.
legendary
Activity: 1288
Merit: 1227
Away on an extended break

this might be the largest OTC trade with escrow ever. Glad to see it!

Thanks, kind of intimidating.  I doubt it is the largest in bitcoin numbers, but perhaps it is the largest in cash value given the recent rise?  I hope I made a good choice! Tongue

Really comes down to butterfly labs shipping and avalon's shipping rates. Tongue

I remember that last time nanotube held escrow for Vandroiy and Pirate's bet for 10,000BTC, so there's larger OTC trades AFAIK. I've transacted more in Bitcoin numbers back in the good old days, but this is the largest transaction in fiat for me so far too. I have the addresses backed up with a lawyer and a couple of safes, like my personal holdings are.

This whole ASICMiner escrow business is getting expensive for me - I'm seriously considering to charge a fixed fee to cover the risks and time spent for future larger and longer transactions now  Tongue
My signature address would do nicely, and thanks!
newbie
Activity: 35
Merit: 0

this might be the largest OTC trade with escrow ever. Glad to see it!

Thanks, kind of intimidating.  I doubt it is the largest in bitcoin numbers, but perhaps it is the largest in cash value given the recent rise?  I hope I made a good choice! Tongue

Really comes down to butterfly labs shipping and avalon's shipping rates. Tongue

I remember that last time nanotube held escrow for Vandroiy and Pirate's bet for 10,000BTC, so there's larger OTC trades AFAIK. I've transacted more in Bitcoin numbers back in the good old days, but this is the largest transaction in fiat for me so far too. I have the addresses backed up with a lawyer and a couple of safes, like my personal holdings are.

This whole ASICMiner escrow business is getting expensive for me - I'm seriously considering to charge a fixed fee to cover the risks and time spent for future larger and longer transactions now  Tongue

I will be certain to tip nicely for your time and risk- What address would you like the tip to go to?  Thank you so much for doing this.
legendary
Activity: 1288
Merit: 1227
Away on an extended break

this might be the largest OTC trade with escrow ever. Glad to see it!

Thanks, kind of intimidating.  I doubt it is the largest in bitcoin numbers, but perhaps it is the largest in cash value given the recent rise?  I hope I made a good choice! Tongue

Really comes down to butterfly labs shipping and avalon's shipping rates. Tongue

I remember that last time nanotube held escrow for Vandroiy and Pirate's bet for 10,000BTC, so there's larger OTC trades AFAIK. I've transacted more in Bitcoin numbers back in the good old days, but this is the largest transaction in fiat for me so far too. I have the addresses backed up with a lawyer and a couple of safes, like my personal holdings are.

This whole ASICMiner escrow business is getting expensive for me - I'm seriously considering to charge a fixed fee to cover the risks and time spent for future larger and longer transactions now  Tongue
newbie
Activity: 35
Merit: 0

this might be the largest OTC trade with escrow ever. Glad to see it!

Thanks, kind of intimidating.  I doubt it is the largest in bitcoin numbers, but perhaps it is the largest in cash value given the recent rise?  I hope I made a good choice! Tongue

Really comes down to butterfly labs shipping and avalon's shipping rates. Tongue
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