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Topic: Auctioning off 300 CNC (Chinacoin) for BTC/LTC (1 hour-ish auction) 1 BTC start (Read 807 times)

full member
Activity: 224
Merit: 100
I have 300 CNC I would like to auction for BTC/LTC. ONLY to members with previous trades and good reputation. I have trade history, open loan with Hero member etc and have never scammed or been scammed and do not wish to start now. If you are a JR member or n00b don't bother unless you have spotless reputation or am willing to send first.

Auction: 300 CNC
For what: BTC/LTC (Will consider Feathercoin at a premium)
How long: About 1 hour til close of auction from post time (I reserve the right to choose bid under winning bid based on reputation etc. and I can choose to extend the auction if many competing bids are posted)
Bids: 1 BTC starting bid, increase in at least 0.1 BTC or 5 LTC from starting bid.
I give 15 NMC. It's a fair price because there will be 20 times more CNC than NMC.

Yeah, cause 'fair' price is based on the total number of coins available as we have seen so far with Feathercoin, Bitbar, and LTC? No thx.
hero member
Activity: 504
Merit: 500
I have 300 CNC I would like to auction for BTC/LTC. ONLY to members with previous trades and good reputation. I have trade history, open loan with Hero member etc and have never scammed or been scammed and do not wish to start now. If you are a JR member or n00b don't bother unless you have spotless reputation or am willing to send first.

Auction: 300 CNC
For what: BTC/LTC (Will consider Feathercoin at a premium)
How long: About 1 hour til close of auction from post time (I reserve the right to choose bid under winning bid based on reputation etc. and I can choose to extend the auction if many competing bids are posted)
Bids: 1 BTC starting bid, increase in at least 0.1 BTC or 5 LTC from starting bid.
I give 15 NMC. It's a fair price because there will be 20 times more CNC than NMC.
full member
Activity: 224
Merit: 100
Sorry to rain on your parade but anyone could buy 300 CNC for 0.735 BTC at the moment on bter.com. Unless someone is looking to hoover up all the CNC they can lay their hands on in anticipation of a future rise in the exchange rate you won't even meet your minimum of 1 BTC.

That's fine with me, I guess I'll only get a bid if someone does not want to create an account at Bter.com or wish to pay with LTC/Feathercoin.
hero member
Activity: 630
Merit: 502
Sorry to rain on your parade but anyone could buy 300 CNC for 0.735 BTC at the moment on bter.com. Unless someone is looking to hoover up all the CNC they can lay their hands on in anticipation of a future rise in the exchange rate you won't even meet your minimum of 1 BTC.
full member
Activity: 224
Merit: 100
I have 300 CNC I would like to auction for BTC/LTC. ONLY to members with previous trades and good reputation. I have trade history, open loan with Hero member etc and have never scammed or been scammed and do not wish to start now. If you are a JR member or n00b don't bother unless you have spotless reputation or am willing to send first.

Auction: 300 CNC
For what: BTC/LTC (Will consider Feathercoin at a premium)
How long: About 1 hour til close of auction from post time (I reserve the right to choose bid under winning bid based on reputation etc. and I can choose to extend the auction if many competing bids are posted)
Bids: 1 BTC starting bid, increase in at least 0.1 BTC or 5 LTC from starting bid.
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