Topic: BIT-COIN.COM Domain Name (Read 3509 times)

15 minutes after the auction END TIME, not when the auction starts. So if the auction was stated to end on March 1 at 23:00 the auction is extended past that time if there has been a bid in the past 15 minutes.

This was a weird auction and its rules probably cost the owner a couple BTC. I guess the domain may not be worth the $120,000 or so 2 BTC is worth now (or is it worth that much?), but it was certainly worth 2 BTC at the time.

heh, thank you, did lots of stuff in advance like testing out post flood limits, very happy. I won't let it go to waste

15min could work for a live auction but no in a form where members are in all the different time zones of the world.

Alright, thanks.

It's not a good choice: the auction could end right after the first bid because most people might not even see the auction within 15 minutes.

If you choose the right minimum bidding value, the auction will not last more than 8-10 days in the worst case.

Personally, I think rather than the 48-72 hours 15 minutes is fine. It's called "extended bidding." As long as you placed a big during the regular auction time, you're allowed to place bids after the auction end time. Auction only ends after 15 minutes with no bids. This is how many collectible auction houses run auctions.

I aggree with the 48-72 after last bid aucitons, however since the price of bitcoin changes a lot and some of those types of auctions can go on for weeks people might "cancel" their bids if there was a price spike. Maybe I will try it for an experiment here once.

It's an ordinary auction. The only difference is that closing time isn't set in advance but is reset everytime a bid is received. Example:

- you post a bid on March 02 at 08:21:55 AM -> if nobody bids by March 04 at 08:21:55 AM (48 hours after last bid) you win the auction

- I leave a bid on March 03 at 09:13:42 PM -> if nobody bids by March 05 at 09:13:42 PM I win the auction

Could you expand on that a little bit? I am looking to sell off a domain...

eoJ, lucky buy

The best auction format is the one that ends 24 or 48 hours after last bid. It is heavily used on domain forums. It's great because:

- Last second bidders are automatically out of the game

- It is much more helpful in determining the real market price of an asset

I also wish I knew this. I got my final bid screwed up by this too and wasn't able to get it in. Maybe it would be a better idea for auctions on here to have extended bidding, like most auction houses do to prevent situations like this. That way the bidders can decide on a fair price based on their max, rather than who was able to get the right bid in during the last few seconds.

Shit, wife made me change sheets on the bed and typically I missed it!

Congrats to eoJ...nice buy!

humm, maybe they need to de-activate that in the auction section.

Top tip: you can turn this "feature" off in your profile

I feel your pain, I had the same thing, pure luck that I chose to do it a few seconds earlier out of fear.

Stupid "there has been a reply" notice cost me the 10 seconds. Darn.

ok eoJ wins! realdon was a few seconds late. thanks for all bidders.

Woot woot PM me and we can sort out escrow etc.

2 BTC

1.7

1.5

1.4

1.3 BTC

about 20 min left

thanks for the info on the online timer, here have a free BTCump XD Good luck!

looking for a working countdown, for now here: http://www.timeanddate.com/countdown/generic?iso=20140301T23&p0=136&msg=auction

This is going to be pretty interesting. I'll watch this thread for sure....

1.2 BTC

ends soon!

bump

1.1, pm me if someone bids higher

bump

BTCBTCBTCump

1BTC

If it didn't have a "-", it would be worth millions!

*for reasons not relating to the comments on this thread. Still a great deal for those with the coin!

cryptonames has retracted his bid 
so we are back at 1BTC 

Past sales from sedo ect:

Bitpay.net    $5,263    February 2014

BitcoinWallet.com    $250,000    February 2014

BitcoinWallets.com    $3,000    February 2014

BitcoinCalculators.com    $3,000    February 2014

BitCore.com    $3,600    January 2014

BitcoinCurrency.com    $1,000    January 2014

BitcoinPaymentServices.com    $2,495    January 2014

BitcoinBaccarat.com    $1,750    January 2014

BitcoinDaily.com    $5,000    January 2014

Bitfast.com    $3,988    January 2014

Bitcoin.me    $10,000    December 2013

Bituk.com    $2,395    December 2013

Bittrader.com    $2,688    December 2013

Betbit.com    $8,500    December 2013

Buybit.com    $1,377    December 2013

Bit1.com    $1,200    December 2013

Insurebitcoin.com    $1,000    December 2013

Bitmatch.com    $2,395    December 2013

Bitcoinnation.com    $2,000    December 2013

Bitok.com    $15,000    December 2013

Bitcoinresource.com    $1,200    November 2013

Bitcoin2014.com    $1,200    November 2013

Bitking.com    $2,253    November 2013

Bitscan.com    $1,600    November 2013

Bitcurrency.com    $2,595    November 2013

Freebitcoin.com    $1,000    November 2013

Bankbit.com    $1,000    November 2013

Bitcoinmarket.com    $4,869    November 2013

Bitcoins.biz    2.7 BTC    November 2013

Bitcoinnation.com    $2,000    November 2013

Bitcoinmarket.com    $4869    October 2013

Bitcoin.biz    $2,800    March 2013

Bitcoin.im    $1,500    February 2013

Bitcoin.be    $1,950    January 2013

Bitcoin.us    $17,500    December 2012

Bitcoin.de    $20,312    June 2011

Bitcoins.de    $20,312    June 2011

No. Correcting a misconception and clarifying the reasons behind the correction.

Fud?

this is a horrible domain name - im definitely not going to try and spread FUD to try and keep the price down - and im definitly not going to beat the highest bidder a few seconds before the auction closes

terrible domain. nobody should bid.

So what you're basically advocating is for everyone to bid this way high.

We agree 100%... Names don't magically appear in top search results. A well built site and SEO pulls them in top search results.
People (including Cryptonames.com) are willing to pay 1 BTC for the BRANDING possibilities of this name.

Have said it once, and will probably say it again: Bitcoin and all the other crypto/digital/virtual currencies are barely beginning. Wouldn't you agree? Try to acquire this name for this price when things really take off. If you believe the price of BTC will go up, then so will the value of associated domain names; they're directly tied to each other.

I mean "forum" 

Hi MakeBelieve,
Thanks for bumping my thread. If you would like to discuss the merits of buying and selling domains, your SEO mastery, or share your high level internet wisdom then please go to the "disscussion" section of the form. This is an auction thread and if you have come here to troll then you are in the wrong part of the forum.

Thanks,
Krach

Can't believe people are going to be pay $600 for this domain which would not be in the top results do your research people just because it has bit-coin in the domain doesn't mean its going to be in the top ranked search of "Bitcoin".

Most classic line ever 

1 BTC bid.

Just acquired some Litecoin names and should be hodling, but this is a great name to pass up.

Haha, I only have 0.95 BTC. Good luck finding a buyer!

*tip* Remove all the "<<<<<<<<". I was looking for this post and couldnt find it (had to do cntrl+f). I usually ignore posts that  spam in the title.

"can you extend the deadline , my btcs on hold @ mtgox."

Hi,
Sorry auction has already started, I honor my auction conditions and that means not editing them once the auction has started.
You might try to sell your Gox coins for "normal" coins in one of the threads in the currency exchange section there are plenty of buy orders.
Thanks,
Krach

can you extend the deadline , my btcs on hold @ mtgox.

[/b][/u]