Topic: ASICMINER: board seat (equivalent of 5000 shares) for sale - page 7. (Read 15504 times)
PM.6: update 100 @ 0.33 -> 100 @ 0.38
Update bid to 200 @ 0.36
It already got outbid, but could you please specify what kind of update you meant:
1) update your existing 300 @ 0.33 to 100 @ 33 + 200 @ 36
2) add a new bid on top of your existing one
See how simple things get complicated
Clearly, update it. Although, either way, it leads to the same thing: I'm outbid at 0.33. And now I'm outbid at 0.36.
Update bid to 200 @ 0.36
It already got outbid, but could you please specify what kind of update you meant:
1) update your existing 300 @ 0.33 to 100 @ 33 + 200 @ 36
2) add a new bid on top of your existing one
See how simple things get complicated
200 @ 0.365
This also got outbid, but to make clear: prices are multiples of Bitcents, so that was an invalid bid and therefore not recorded.
Current bidding state (2012-02-15T20:30Z):
-- # -- -----Bidder----- --Amount-- --BTC/Share--
93 wisard 300 0.40
82 kjj 100 0.38
84 LainZ (PM) 100 0.38
93 wisard 200 0.38
94 Vezunchik 200 0.38
62 bitcad 100 0.37
65 ghostshirt 300 0.37
78 asnonmous 3700 0.37
-------------------- Outbid -------------------
78 asnonmous 1300 0.37
47 wisard 300 0.36
61 mb300sd 500 0.36
63 DiabloD3 200 0.36
77 PM.3 4500 0.36
44 PM.8 1400 0.35
59 PM.7 5000 0.35
47 wisard 300 0.34
53 ahdinosaur 200 0.34
44 PM.6 100 0.33
44 PM.7 1000 0.33
48 mb300sd 300 0.33
50 DiabloD3 300 0.33
59 PM.9 200 0.33
30 superbit 100 0.32
34 PM.4 200 0.32
43 ThickAsThieves 300 0.32
18 skibum (PM.1) 100 0.31
31 Vezunchik 400 0.31
32 TradeFortress 100 0.31
34 PM.2 800 0.31
37 mb300sd 300 0.31
8 Vezunchik 300 0.30
9 SaintFlow 100 0.30
16 kjj 100 0.30
21 Vezunchik 100 0.30
22 PM.2 700 0.30
23 wisard 200 0.30
24 Blazr 100 0.30
25 superbit 100 0.30
26 PM.3 3300 0.30
69 qukkM 200 0.30
------- ---------------- ---------- -----------
-- # -- -----Bidder----- --Amount-- --BTC/Share--
93 wisard 300 0.40
82 kjj 100 0.38
84 LainZ (PM) 100 0.38
93 wisard 200 0.38
94 Vezunchik 200 0.38
62 bitcad 100 0.37
65 ghostshirt 300 0.37
78 asnonmous 3700 0.37
-------------------- Outbid -------------------
78 asnonmous 1300 0.37
47 wisard 300 0.36
61 mb300sd 500 0.36
63 DiabloD3 200 0.36
77 PM.3 4500 0.36
44 PM.8 1400 0.35
59 PM.7 5000 0.35
47 wisard 300 0.34
53 ahdinosaur 200 0.34
44 PM.6 100 0.33
44 PM.7 1000 0.33
48 mb300sd 300 0.33
50 DiabloD3 300 0.33
59 PM.9 200 0.33
30 superbit 100 0.32
34 PM.4 200 0.32
43 ThickAsThieves 300 0.32
18 skibum (PM.1) 100 0.31
31 Vezunchik 400 0.31
32 TradeFortress 100 0.31
34 PM.2 800 0.31
37 mb300sd 300 0.31
8 Vezunchik 300 0.30
9 SaintFlow 100 0.30
16 kjj 100 0.30
21 Vezunchik 100 0.30
22 PM.2 700 0.30
23 wisard 200 0.30
24 Blazr 100 0.30
25 superbit 100 0.30
26 PM.3 3300 0.30
69 qukkM 200 0.30
------- ---------------- ---------- -----------
Made some mistakes. So to prevent disputes re-post:
| Post | Confirmed | Name | Amount | Price per share | Shares left | Shares may bought | |
| 78 | PM.7 | 5000 | 0,37 | -1300 | 3700 | ||
| 65 | ghostshirt | 300 | 0,37 | 3700 | 300 | ||
| 62 | bitcad | 100 | 0,37 | 4000 | 100 | ||
| 94 | Vezunchik | 200 | 0,38 | 4100 | 200 | ||
| 84 | LainZ | 100 | 0,38 | 4300 | 100 | ||
| 82 | kjj | 100 | 0,38 | 4400 | 100 | ||
| 93 | wisard | 300 | 0,4 | 4500 | 300 | ||
| 93,1 | wisard | 200 | 3,8 | 4800 | 200 | ||
| 5000 |
Sorry again, I assure you - there is no problems. Just surprise and desire to understand the reason.
I'll make no posts causing disputes or doubts from this moment - just bids.
I do not really see the problems addressed here being issues for the following reasons
So please let us be sane and make this an enjoyable experience for us all. I assure you there will be no reason for disputes.
At the moment bids looks like:
So my bid is [email protected]
I'll make no posts causing disputes or doubts from this moment - just bids.
I do not really see the problems addressed here being issues for the following reasons
- non disputable: every single event is logged in this thread, there is nothing to dispute; it is not really relevant to bother bid history now when those bids are going to fall over anyhow
- no urgency: since the auction ends only after 12h without counter-bids, there is no need to worry a sudden closure; if there are disputes about bid orders and such, we have enough time to resolve them; you won't run into a situation where you missed a bid or placed a wrong one caused by premature ending
So please let us be sane and make this an enjoyable experience for us all. I assure you there will be no reason for disputes.
At the moment bids looks like:
| Post[/u] | Confirmed[/u] | Name[/u] | Amount[/u] | Price per share[/u] | Shares left[/u] | Shares bought[/u] | |
| 35 | Canceled | ThickAsThieves | 200 | 0,3 | -22200 | 0 | |
| 26 | Canceled | PM.3 | 3300 | 0,3 | -22000 | 0 | |
| 23 | Canceled | wisard | 200 | 0,3 | -18700 | 0 | |
| 16 | Canceled | kjj | 100 | 0,3 | -18500 | 0 | |
| 15 | Canceled | ThickAsThieves | 200 | 0,3 | -18400 | 0 | |
| 7 | Canceled | DiabloD3 | 300 | 0,3 | -18200 | 0 | |
| 37 | Canceled | mb300sd | 300 | 0,31 | -17900 | 0 | |
| 35 | Canceled | ThickAsThieves | 100 | 0,31 | -17600 | 0 | |
| 33 | Canceled | DiabloD3 | 300 | 0,31 | -17500 | 0 | |
| 29 | Canceled | wisard | 200 | 0,31 | -17200 | 0 | |
| 59,1 | Canceled | PM.9 | 200 | 0,33 | -17000 | 0 | |
| 51 | Canceled | bitcad | 100 | 0,33 | -16800 | 0 | |
| 50 | Canceled | DiabloD3 | 300 | 0,33 | -16700 | 0 | |
| 48 | Canceled | mb300sd | 300 | 0,33 | -16400 | 0 | |
| 39 | Canceled | ahdinosaur | 100 | 0,33 | -16100 | 0 | |
| 38 | Canceled | ghostshirt | 300 | 0,33 | -16000 | 0 | |
| 59 | Canceled | PM.7 | 5000 | 0,35 | -15700 | 0 | |
| 64 | Canceled | LainZ | 100 | 0,37 | -10700 | 0 | |
| 69 | qukkM | 200 | 0,3 | -10600 | 0 | ||
| 25 | superbit | 100 | 0,3 | -10400 | 0 | ||
| 24 | Blazr | 100 | 0,3 | -10300 | 0 | ||
| 22 | PM.2 | 700 | 0,3 | -10200 | 0 | ||
| 21 | Vezunchik | 100 | 0,3 | -9500 | 0 | ||
| 9 | SaintFlow | 100 | 0,3 | -9400 | 0 | ||
| 8 | Vezunchik | 300 | 0,3 | -9300 | 0 | ||
| 34 | PM.2 | 800 | 0,31 | -9000 | 0 | ||
| 32 | TradeFortress | 100 | 0,31 | -8200 | 0 | ||
| 31 | Vezunchik | 400 | 0,31 | -8100 | 0 | ||
| 26 | skibum | 100 | 0,31 | -7700 | 0 | ||
| 43 | ThickAsThieves | 300 | 0,32 | -7600 | 0 | ||
| 34 | PM.4 | 200 | 0,32 | -7300 | 0 | ||
| 30 | superbit | 100 | 0,32 | -7100 | 0 | ||
| 53 | ahdinosaur | 200 | 0,34 | -7000 | 0 | ||
| 47 | wisard | 300 | 0,34 | -6800 | 0 | ||
| 64.1 | PM.9 | 200 | 0,36 | -6500 | 0 | ||
| 77 | PM.3 | 4500 | 0,36 | -6300 | 0 | ||
| 63 | DiabloD3 | 200 | 0,36 | -1800 | 0 | ||
| 61 | mb300sd | 500 | 0,36 | -1600 | 0 | ||
| 47 | wisard | 300 | 0,36 | -1100 | 0 | ||
| 66 | qukkM | 200 | 0,365 | -800 | 0 | ||
| 78 | PM.7 | 5000 | 0,37 | -600 | 4400 | ||
| 65 | ghostshirt | 300 | 0,37 | 4400 | 300 | ||
| 62 | bitcad | 100 | 0,37 | 4700 | 100 | ||
| 84 | LainZ | 100 | 0,38 | 4800 | 100 | ||
| 82 | kjj | 100 | 0,38 | 4900 | 100 | ||
| 5000 |
So my bid is [email protected]
My new bid.
300 shares @ 0.4
200 shares @ 3.8
300 shares @ 0.4
200 shares @ 3.8
Please, don't take it personally. I simply looked through messages in a chronological order, filling in my table. And I was surprised when saw a bid raising price without need. That's all.
Nah, please understand that this is not an automated auction system.
That is what I was talking about. At that moment mb300sd bid [email protected]#37 was active. People overbid simply because they can't understand where is 5K border and what amount they will pay for. Or may be I can't understand mb300sd and others plan...
Nah, please understand that this is not an automated auction system.
As for the bid updates:
The problem you were describing does actually not exist: updating a bid goes only one direction, i.e. you con only update an existing bid for the same amount of shares by increasing the price. Everything else is not an update but a new bid. So posting [email protected] first and [email protected] after will result in two active bids, otherwise the whole bidding process won't work.
I added the post numbers to the bid status table and think it is quite clear. I'd refrain from adding more data to it and make it less readable, since I think it serves its purpose and we have the complete bid log in case of disputes available anyhow.
What do you think?
Well, new rule "you con only update an existing bid for the same amount of shares by increasing the price" makes things absolutely clear, thank you. (If this question was for me...)The problem you were describing does actually not exist: updating a bid goes only one direction, i.e. you con only update an existing bid for the same amount of shares by increasing the price. Everything else is not an update but a new bid. So posting [email protected] first and [email protected] after will result in two active bids, otherwise the whole bidding process won't work.
I added the post numbers to the bid status table and think it is quite clear. I'd refrain from adding more data to it and make it less readable, since I think it serves its purpose and we have the complete bid log in case of disputes available anyhow.
What do you think?
Yes it was a response to your previous question. If you ever participate in other auctions, you should know that you can't update bids to the wrong direction
But glad to hear you're now fine with the rule.
Cheers
100 shares @ 0.38 each
Hopefully the 5000 guy now understands that he doesn't need to keep bidding his own prices up.
Hopefully the 5000 guy now understands that he doesn't need to keep bidding his own prices up.
Since I've also gotten a PM about this, I thought I'd clarify. I'm not driving my own prices up. Someone else bid for 4500 shares @ 0.36, above me. Zefir's offer is for up-to an extra 1500 shares for someone who buys 3500+, so I'm not going to outbid someone who puts up a 100 or 200 share bid.
Similarly, there are a lot of other ASICMiner share auctions going on right now, and the open market is coming soon. So clearly there is a cap on what these are worth, for each person to determine. Its kind of like buying and selling in the pre-and-post market times on the NYSE- You can buy, but it is at your own risk, and often you'll buy at one price only to have the actual market opening price be wildly different. We are a subset of the population that specifically looked for these shares, and thus, values them a lot.
That is what I was talking about. At that moment mb300sd bid [email protected]#37 was active. People overbid simply because they can't understand where is 5K border and what amount they will pay for. Or may be I can't understand mb300sd and others plan...
Nah, please understand that this is not an automated auction system. I have a life and am not going to wait for any bid to update the table 24/7. I got a day job to handle, so that is just not doable.
I update the table twice a day and I am expecting anyone to be able to add the new bids since last status update for his decision. Otherwise, he would just wait for the next update.
I do not really see the problems addressed here being issues for the following reasons
- non disputable: every single event is logged in this thread, there is nothing to dispute; it is not really relevant to bother bid history now when those bids are going to fall over anyhow
- no urgency: since the auction ends only after 12h without counter-bids, there is no need to worry a sudden closure; if there are disputes about bid orders and such, we have enough time to resolve them; you won't run into a situation where you missed a bid or placed a wrong one caused by premature ending
So please let us be sane and make this an enjoyable experience for us all. I assure you there will be no reason for disputes.
As for the bid updates:
The problem you were describing does actually not exist: updating a bid goes only one direction, i.e. you con only update an existing bid for the same amount of shares by increasing the price. Everything else is not an update but a new bid. So posting [email protected] first and [email protected] after will result in two active bids, otherwise the whole bidding process won't work.
I added the post numbers to the bid status table and think it is quite clear. I'd refrain from adding more data to it and make it less readable, since I think it serves its purpose and we have the complete bid log in case of disputes available anyhow.
What do you think?
Well, new rule "you con only update an existing bid for the same amount of shares by increasing the price" makes things absolutely clear, thank you. (If this question was for me...) The problem you were describing does actually not exist: updating a bid goes only one direction, i.e. you con only update an existing bid for the same amount of shares by increasing the price. Everything else is not an update but a new bid. So posting [email protected] first and [email protected] after will result in two active bids, otherwise the whole bidding process won't work.
I added the post numbers to the bid status table and think it is quite clear. I'd refrain from adding more data to it and make it less readable, since I think it serves its purpose and we have the complete bid log in case of disputes available anyhow.
What do you think?
Don't you think that allowing bidders to change their bids is a bad idea, as well as reposting them endlessly? I may make bid [email protected] and then say "please update my bid to [email protected]", and you will end with lower income (4999 for left bids) and arbiter will do hard work making his tables - "is this bid new or old one? And what time is belongs - is is in game, or under 5K shares border by time sorting rule?".
instead of this you may think about 2 options:
1. Simply add maximum amount to all bids: 100@0,3 M100 -> [email protected] M200 [email protected] M200 with 5K border at [email protected] bid =>will bought [email protected] + [email protected], or if 5K shares border below [email protected] [email protected] + [email protected]. And all clear with time order.
2. At lest make bidders to write post numbers in their messages:
#25 [email protected] - confirm
#27 [email protected] - cancel
new [email protected]
Too many "suggestions" from me, I see. But I am simply trying to make things more clear, sorry if it is too annoying...
instead of this you may think about 2 options:
1. Simply add maximum amount to all bids: 100@0,3 M100 -> [email protected] M200 [email protected] M200 with 5K border at [email protected] bid =>will bought [email protected] + [email protected], or if 5K shares border below [email protected] [email protected] + [email protected]. And all clear with time order.
2. At lest make bidders to write post numbers in their messages:
#25 [email protected] - confirm
#27 [email protected] - cancel
new [email protected]
Too many "suggestions" from me, I see. But I am simply trying to make things more clear, sorry if it is too annoying...
No, it is not annoying, I appreciate all your input if it improves the processing in any way.
Openly speaking, I did not expect so many pitfalls and sources for misunderstanding when I started this auction. Reading other threads seemed that it is an easy process - which in fact is if you are bidding for one item. I am trying to adapt what I know from commercial bidding platforms and use common sense, so I'm sorry it still bears so much confusion.
As for the bid updates:
The problem you were describing does actually not exist: updating a bid goes only one direction, i.e. you con only update an existing bid for the same amount of shares by increasing the price. Everything else is not an update but a new bid. So posting [email protected] first and [email protected] after will result in two active bids, otherwise the whole bidding process won't work.
I added the post numbers to the bid status table and think it is quite clear. I'd refrain from adding more data to it and make it less readable, since I think it serves its purpose and we have the complete bid log in case of disputes available anyhow.
What do you think?
That is what I was talking about. At that moment mb300sd bid [email protected]#37 was active. People overbid simply because they can't understand where is 5K border and what amount they will pay for. Or may be I can't understand mb300sd and others plan...
| Post | Name | Amount | Price per share | Confirmed | Shares left | Shares bought |
| 35 | ThickAsThieves | 200 | 0,3 | Cancel | -4900 | 0 |
| 23 | wisard | 200 | 0,3 | Cancel | -4700 | 0 |
| 15 | ThickAsThieves | 200 | 0,3 | Cancel | -4500 | 0 |
| 7 | DiabloD3 | 300 | 0,3 | Cancel | -4300 | 0 |
| 35 | ThickAsThieves | 100 | 0,31 | Cancel | -4000 | 0 |
| 29 | wisard | 200 | 0,31 | Cancel | -3900 | 0 |
| 26 | PM.3 | 3300 | 0,3 | -3700 | 0 | |
| 25 | superbit | 100 | 0,3 | -400 | 0 | |
| 24 | Blazr | 100 | 0,3 | -300 | 0 | |
| 22 | PM.2 | 700 | 0,3 | -200 | 500 | |
| 21 | Vezunchik | 100 | 0,3 | 500 | 100 | |
| 16 | kjj | 100 | 0,3 | 600 | 100 | |
| 9 | SaintFlow | 100 | 0,3 | 700 | 100 | |
| 8 | Vezunchik | 300 | 0,3 | 800 | 300 | |
| 37 | mb300sd | 300 | 0,31 | Cancel | 1100 | 300 |
| 34 | PM.2 | 800 | 0,31 | 1400 | 800 | |
| 33 | DiabloD3 | 300 | 0,31 | 2200 | 300 | |
| 32 | TradeFortress | 100 | 0,31 | 2500 | 100 | |
| 31 | Vezunchik | 400 | 0,31 | 2600 | 400 | |
| 26 | skibum | 100 | 0,31 | 3000 | 100 | |
| 43 | ThickAsThieves | 300 | 0,32 | 3100 | 300 | |
| 34 | PM.4 | 200 | 0,32 | 3400 | 200 | |
| 30 | superbit | 100 | 0,32 | 3600 | 100 | |
| 39 | ahdinosaur | 100 | 0,33 | 3700 | 100 | |
| 38 | ghostshirt | 300 | 0,33 | 3800 | 300 | |
| 47 | wisard | 300 | 0,34 | 4100 | 300 | |
| 47 | wisard | 300 | 0,36 | 4400 | 300 | |
| 48 | mb300sd | 300 | 0,33 | 4700 | 300 |
300 @ .33
is is in game, or under 5K shares border by time sorting rule?".
Also unclear how the time-sorting rule will be applied to PM'd bids. I would think in the name of fairness, PM'd bids would have to be a "bidder's risk" type of scenario, i.e. when zefir can repost it to the thread it counts. Hence why I made this account to remain anonymous but still bid.
LainZ: update to 100 @ .38
Don't you think that allowing bidders to change their bids is a bad idea, as well as reposting them endlessly? I may make bid [email protected] and then say "please update my bid to [email protected]", and you will end with lower income (4999 for left bids) and arbiter will do hard work making his tables - "is this bid new or old one? And what time is belongs - is is in game, or under 5K shares border by time sorting rule?".
instead of this you may think about 2 options:
1. Simply add maximum amount to all bids: 100@0,3 M100 -> [email protected] M200 [email protected] M200 with 5K border at [email protected] bid =>will bought [email protected] + [email protected], or if 5K shares border below [email protected] [email protected] + [email protected]. And all clear with time order.
2. At lest make bidders to write post numbers in their messages:
#25 [email protected] - confirm
#27 [email protected] - cancel
new [email protected]
Too many "suggestions" from me, I see. But I am simply trying to make things more clear, sorry if it is too annoying...
)
As for the additional info you proposed: linking to the post-numbers is a good idea. The proposed table with shares left and bought does not provide more information than the current format with the outbid line does, so I'll keep it as is. Thanks for the input.
Sorry, I'm not too experienced with auctions. I saw some posters explicitly stating to replace their existing bids, that's why I assumed placing a new bid does not automatically invalidate previous ones. I'd appreciate if future bids would explicitly state that information (unless it is some unwritten rule).
I assure you that ASICMINER shares won't go for 0.30 from now on for a long time, nevertheless I'll remove your [email protected] bid from the list.
Thanks,
zefir
instead of this you may think about 2 options:
1. Simply add maximum amount to all bids: 100@0,3 M100 -> [email protected] M200 [email protected] M200 with 5K border at [email protected] bid =>will bought [email protected] + [email protected], or if 5K shares border below [email protected] [email protected] + [email protected]. And all clear with time order.
2. At lest make bidders to write post numbers in their messages:
#25 [email protected] - confirm
#27 [email protected] - cancel
new [email protected]
Too many "suggestions" from me, I see. But I am simply trying to make things more clear, sorry if it is too annoying...
You may think about including post numbers in your table, and making posts for PMs to make delay for them smaller. Like this:
Yes, bids are heating up, so I'll go for two updates a day (can't do more, have to work and sleep, sadly )As for the additional info you proposed: linking to the post-numbers is a good idea. The proposed table with shares left and bought does not provide more information than the current format with the outbid line does, so I'll keep it as is. Thanks for the input.
And I shouldn't be listed twice. I'm only bidding on 300 shares. My current bid is 300 @ 0.31.
Sorry, I'm not too experienced with auctions. I saw some posters explicitly stating to replace their existing bids, that's why I assumed placing a new bid does not automatically invalidate previous ones. I'd appreciate if future bids would explicitly state that information (unless it is some unwritten rule).
I assure you that ASICMINER shares won't go for 0.30 from now on for a long time, nevertheless I'll remove your [email protected] bid from the list.
Thanks,
zefir
100 shares @ 0.38 each
Hopefully the 5000 guy now understands that he doesn't need to keep bidding his own prices up.
Hopefully the 5000 guy now understands that he doesn't need to keep bidding his own prices up.
Jump to: