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Topic: [AUCTION] 50 direct ASICMINER shares (Starting bid is only 4.50 BTC!) (Read 2520 times)

legendary
Activity: 2352
Merit: 1064
Bitcoin is antisemitic
Thanks to SimonL and John K for the fast and smooth transaction
 Smiley
member
Activity: 113
Merit: 11
Escrow finalised and successful.
member
Activity: 113
Merit: 11
Since time is up I assume I am the last successful bidder.

According to our agreement I will Notify John to prepare for escrow payment.
legendary
Activity: 2352
Merit: 1064
Bitcoin is antisemitic
bump.
Last chance to make up your mind in 3 hours, 17 minutes.
legendary
Activity: 2352
Merit: 1064
Bitcoin is antisemitic
so, 50 @ 4.7 BTC?

OK: 50 @ 4.7 BTC is now the highest bid for this auction.
The escrow by John K with his standard procedure is OK.

Timer removed. End time: 2013-07-28UTC
member
Activity: 113
Merit: 11
I offer to buy all 50 direct ASICMINER shares @ 4.6 BTC, on the condition the payment is put in escrow with John K (at my expense as per the auction conditions) until the shares are successfully transferred.

John K as escrow is fine.

...but my responsibility and control end in asking to friedcat to perform the share transfer, so the escrow should be released with my proof of having done that (CCing my PM to Friedcat to John K). Even because otherwise the buyer could try to falsely negate to have received his shares and then John K would have to investigate following the share payments. But I am open to suggestions on this by John K or maybe even Goat.

It is a bit of a tricky situation, however my Bitcoin transaction is irreversible, I think John needs an assurance/notification from friedcat the shares have been (or at least are in the process of being) signed over. I will definitely notify John when friedcat emails me notification of the share transfer. Even better though would be if friedcat could cc john the notification I receive, I'd be happy with the funds being released then. If it is possible for friedcat to cc John then that should lessen the risk for both of us. If friedcat does not notify anyone regarding confirmation and no dividends have arrived in the address I nominate, then the escrow should be cancelled.

Thanks, can I assume that my offer currently overrides plastyc's previous offer of [email protected]?

no: when 2 offers are equal: first come, first served

Understood, if friedcat can cc John the notification email I receive when the shares are transferred I offer to buy 50 shares @ 4.7BTC.

Just saw John's response, took the words out of my mouth Smiley,

so, 50 @ 4.7 BTC?
legendary
Activity: 2352
Merit: 1064
Bitcoin is antisemitic
My standard escrow procedure for AM shares would be the release of funds after friedcat confirms the transfers directly via PM to me, or that the buyer confirms that he has got the PM from friedcat. The reason why would be to deter people 'overselling' shares as I've meet quite a few of them lately. Friedcat will always give a confirmation (and CC me) if you ask him to do so.

That's perfectly fine for me. Thanks
legendary
Activity: 1288
Merit: 1227
Away on an extended break
I offer to buy all 50 direct ASICMINER shares @ 4.6 BTC, on the condition the payment is put in escrow with John K (at my expense as per the auction conditions) until the shares are successfully transferred.

John K as escrow is fine.

...but my responsibility and control end in asking to friedcat to perform the share transfer, so the escrow should be released with my proof of having done that (CCing my PM to Friedcat to John K). Even because otherwise the buyer could try to falsely negate to have received his shares and then John K would have to investigate following the share payments. But I am open to suggestions on this by John K or maybe even Goat.

My standard escrow procedure for AM shares would be the release of funds after friedcat confirms the transfers directly via PM to me, or that the buyer confirms that he has got the PM from friedcat. The reason why would be to deter people 'overselling' shares as I've meet quite a few of them lately. Friedcat will always give a confirmation (and CC me) if you ask him to do so.
legendary
Activity: 2352
Merit: 1064
Bitcoin is antisemitic
Thanks, can I assume that my offer currently overrides plastyc's previous offer of [email protected]?

no: when 2 offers are equal: first come, first served
legendary
Activity: 2352
Merit: 1064
Bitcoin is antisemitic
I offer to buy all 50 direct ASICMINER shares @ 4.6 BTC, on the condition the payment is put in escrow with John K (at my expense as per the auction conditions) until the shares are successfully transferred.

John K as escrow is fine.

...but my responsibility and control end in asking to friedcat to perform the share transfer, so the escrow should be released with my proof of having done that (CCing my PM to Friedcat to John K). Even because otherwise the buyer could try to falsely negate to have received his shares and then John K would have to investigate following the share payments. But I am open to suggestions on this by John K or maybe even Goat.
member
Activity: 113
Merit: 11
Thanks, can I assume that my offer currently overrides plastyc's previous offer of [email protected]?
legendary
Activity: 2352
Merit: 1064
Bitcoin is antisemitic
Hi what kind of payout do the shares give per share?


Thanks

yesterday's weekly payment has been 0.02405901 per share

https://bitcointalksearch.org/topic/m.2796299
legendary
Activity: 2352
Merit: 1064
Bitcoin is antisemitic
I offer to buy all 50 direct ASICMINER shares @ 4.6 BTC, on the condition the payment is put in escrow with John K (at my expense as per the auction conditions) until the shares are successfully transferred.

John K as escrow is fine.
hero member
Activity: 583
Merit: 500
Hi what kind of payout do the shares give per share?


Thanks
member
Activity: 113
Merit: 11
I offer to buy all 50 direct ASICMINER shares @ 4.6 BTC, on the condition the payment is put in escrow with John K (at my expense as per the auction conditions) until the shares are successfully transferred.
vip
Activity: 840
Merit: 1000
I would bet upper.
You are right about the time horizon: direct shares are not for day traders.
But I don't think that there is anything better to invest BTC in for the medium to long term


Then why sell?   Grin

because I need some cash soon.
But as you can see these are only 20% of my ASICMINER shares

I was just kidding. And yeah, well all need that cash Sad
legendary
Activity: 2352
Merit: 1064
Bitcoin is antisemitic
I would bet upper.
You are right about the time horizon: direct shares are not for day traders.
But I don't think that there is anything better to invest BTC in for the medium to long term


Then why sell?   Grin

because I need some cash soon.
But as you can see these are only 20% of my ASICMINER shares
vip
Activity: 840
Merit: 1000
edit: aslo with the auction lasting a week the bids will not be flying in.... as who really knows where things stand in 7 days + transfer time

I would bet upper.
You are right about the time horizon: direct shares are not for day traders.
But I don't think that there is anything better to invest BTC in for the medium to long term


Then why sell?   Grin
legendary
Activity: 2352
Merit: 1064
Bitcoin is antisemitic
edit: aslo with the auction lasting a week the bids will not be flying in.... as who really knows where things stand in 7 days + transfer time

I would bet upper.
You are right about the time horizon: direct shares are not for day traders.
But I don't think that there is anything better to invest BTC in for the medium to long term
legendary
Activity: 1036
Merit: 1000
Nighty Night Don't Let The Trolls Bite Nom Nom Nom
each have there negatives.... direct shares being that it can take upto a week for friedcat to process the transfer, so really it is a bit of a blind gamble into the market, but in the long run they are more secure to hold.

for day trading the PT win.... for holding the direct shares are better, to say one is more valuable than the other really depends on the type of buyer

edit: aslo with the auction lasting a week the bids will not be flying in.... as who really knows where things stand in 7 days + transfer time


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