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Topic: AUCTION - 30x 1BTC (Series1) Casascius coin - page 3. (Read 10312 times)

hero member
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78
donator
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Creator of Litecoin. Cryptocurrency enthusiast.
FWIW I don't think you should change auction terms after starting.  It's not like you can get everyone's consent.

Since I got 1 complaint, I will not change the auction terms.

FWIW consent is not needed by everyone, because it doesn't affect everyone. if you planned to come back to within an hour to bid, the change doesn't affect it. It only affects new bids that happen near the end and those bidders should have already read the new rules. There's a slight chance it will affect some that thought the auction will likely last hours, so they went to sleep. And if they wake up to find that the auction ended quickly due to a last minute rule change, they might be pissed.

Anyways, auction rule will remain unchanged for this auction. Sorry
hero member
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77 FTW
hero member
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bid now or forever hold your peace Smiley
hero member
Activity: 980
Merit: 1001
So if the auction reads correctly the bidding has been extended to at least 12:44
donator
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FWIW I don't think you should change auction terms after starting.  It's not like you can get everyone's consent.
donator
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Anyone who is interested in bidding is going to be following this over the next half an hour for sure, do them all a great favor & change it to after 01:00 then bids extend the auction for 5 minutes (or 2 mins), most ppl have better things to do & you will actually get a higher price as ppl won't just say FI & bail.

100% agree. But it's a little late for that considering all the people who won't be back for an hour now.

That's why I sugested 01:00 GMT/UTC which is in 1 hr 10 mins, everyone who is interested in bidding will see the change.
hero member
Activity: 530
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ok, make it faster
donator
Activity: 1654
Merit: 1351
Creator of Litecoin. Cryptocurrency enthusiast.
Anyone who is interested in bidding is going to be following this over the next half an hour for sure, do them all a great favor & change it to after 01:00 then bids extend the auction for 5 minutes (or 2 mins), most ppl have better things to do & you will actually get a higher price as ppl won't just say FI & bail.

100% agree. But it's a little late for that considering all the people who won't be back for an hour now.

Are people ok with changing the bid extension to 5 minutes after an hour is up?

So if someone bids on 12:30:00, the auction will still end at 12:44:43 AM GMT. If someone bids on 12:42:00, the auction will be extended till 12:47:00 AM GMT.

This is fair because if someone took off for 50 minutes to come back to bid before 12:44, they will still be able to bid. And it's not unfair to bracek, the current high bidder.

If people are ok, i will make a GPG signed post making this official.
hero member
Activity: 530
Merit: 500
leave it, resistance is futile Smiley
hero member
Activity: 530
Merit: 500
76
donator
Activity: 668
Merit: 500
75 BTC
hero member
Activity: 980
Merit: 1001
Anyone who is interested in bidding is going to be following this over the next half an hour for sure, do them all a great favor & change it to after 01:00 then bids extend the auction for 5 minutes (or 2 mins), most ppl have better things to do & you will actually get a higher price as ppl won't just say FI & bail.

100% agree. But it's a little late for that considering all the people who won't be back for an hour now.
donator
Activity: 1654
Merit: 1351
Creator of Litecoin. Cryptocurrency enthusiast.
Okay, 71 last bid. Not, because I wouldn't bid more, but because I need sleep   Angry

If people need to go and would like someone to help proxy bid, I can do that.
Basically, PM with the maximum bid you are willing to bid, I and will help you bid until either you win or the bid has passed your max bid.
And if there's any doubt, forum moderators can confirm the PMs. I think that's fair, right?


Seriously? The guy hosting the auction is going to bid for people? Ummmm I am 100% not okay with this. If people need to go then put your max bid in and go to sleep. You're either going to wake up with some coins or not.

Fine. Forget I mentioned it.

Not trying to be a dick but you understand the perception of this right?

Of course, it's like shill bidding where I bid on my own auction to increase the price. It's definitely can be seen that way. That's why I suggested I could have the forum moderators confirm that proxy bid. But I agree with you. I shouldn't be doing this.
hero member
Activity: 980
Merit: 1001
Okay, 71 last bid. Not, because I wouldn't bid more, but because I need sleep   Angry

If people need to go and would like someone to help proxy bid, I can do that.
Basically, PM with the maximum bid you are willing to bid, I and will help you bid until either you win or the bid has passed your max bid.
And if there's any doubt, forum moderators can confirm the PMs. I think that's fair, right?


Seriously? The guy hosting the auction is going to bid for people? Ummmm I am 100% not okay with this. If people need to go then put your max bid in and go to sleep. You're either going to wake up with some coins or not.

Fine. Forget I mentioned it.

Not trying to be a dick but you understand the perception of this right?
donator
Activity: 1654
Merit: 1351
Creator of Litecoin. Cryptocurrency enthusiast.
Okay, 71 last bid. Not, because I wouldn't bid more, but because I need sleep   Angry

If people need to go and would like someone to help proxy bid, I can do that.
Basically, PM with the maximum bid you are willing to bid, I and will help you bid until either you win or the bid has passed your max bid.
And if there's any doubt, forum moderators can confirm the PMs. I think that's fair, right?


Seriously? The guy hosting the auction is going to bid for people? Ummmm I am 100% not okay with this. If people need to go then put your max bid in and go to sleep. You're either going to wake up with some coins or not.

Fine. Forget I mentioned it.
hero member
Activity: 530
Merit: 500
73
donator
Activity: 3108
Merit: 1166
Anyone who is interested in bidding is going to be following this over the next half an hour for sure, do them all a great favor & change it to after 01:00 then bids extend the auction for 5 minutes (or 2 mins), most ppl have better things to do & you will actually get a higher price as ppl won't just say FI & bail.
hero member
Activity: 980
Merit: 1001
Okay, 71 last bid. Not, because I wouldn't bid more, but because I need sleep   Angry

If people need to go and would like someone to help proxy bid, I can do that.
Basically, PM with the maximum bid you are willing to bid, I and will help you bid until either you win or the bid has passed your max bid.
And if there's any doubt, forum moderators can confirm the PMs. I think that's fair, right?


Seriously? The guy hosting the auction is going to bid for people? Ummmm I am 100% not okay with this. If people need to go then put your max bid in and go to sleep. You're either going to wake up with some coins or not.

That is my entire point about extensions. The auction ends in 29 minutes if you can not stay up for another 29 minutes refreshing the thread adding bids then how bad do you really want them?
hero member
Activity: 980
Merit: 1001
Okay, 71 last bid. Not, because I wouldn't bid more, but because I need sleep   Angry

If people need to go and would like someone to help proxy bid, I can do that.
Basically, PM with the maximum bid you are willing to bid, I and will help you bid until either you win or the bid has passed your max bid.
And if there's any doubt, forum moderators can confirm the PMs. I think that's fair, right?


Seriously? The guy hosting the auction is going to bid for people? Ummmm I am 100% not okay with this. If people need to go then put your max bid in and go to sleep. You're either going to wake up with some coins or not.
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