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Topic: ►฿GOLD ► 48 HOUR LEALANA LARGE AUCTION (Black Addy/Mult Types) ►฿GOLD ► - page 2. (Read 3990 times)

legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
He bid 3.8, and then immediately retracted it and bid 3.18 which is less then .005 then my last bid.

In other words he bid a valid bid and then replaced it with something that was invalid, indicating that he did not want to outbid me

Good point. I didn't catch his bid of 3.8 lol.

@Bitguy, was that a fluke bid 3.8?

To be clear I believe bitguy101 still wanted to outbid you (Panthers). His understanding of the increments is what messed him up.


legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
He bid 3.8, and then immediately retracted it and bid 3.18 which is less then .005 then my last bid.

In other words he bid a valid bid and then replaced it with something that was invalid, indicating that he did not want to outbid me

Good point. I didn't catch his bid of 3.8 lol.

@Bitguy, was that a fluke bid 3.8?
sr. member
Activity: 294
Merit: 250
Top rated eBay seller. cflow01/thecryptostore2013
Smoothie, very good at math, lol,
Maybe it's just late, as I liked your "noon" auctions better, but honestly I didn't interpret it states must be .005 higher than last bid, just in .005 increments, meaning .005, .010, .015, .020, etc.....
Guess it never was an issue before but duly noted, thanks for the clarification Smiley
hero member
Activity: 675
Merit: 502
#SuperBowl50 #NFCchamps
He bid 3.8, and then immediately retracted it and bid 3.18 which is less then .005 then my last bid.

In other words he bid a valid bid and then replaced it with something that was invalid, indicating that he did not want to outbid me
legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
Personally him bidding twice to attempt to outbid you on a misinterpretation of the rules shows me he wants to out if you.

Bitguy101 perhaps next time just be safe and put your bid a little higher than you think it should be.
hero member
Activity: 675
Merit: 502
#SuperBowl50 #NFCchamps
.005 increments, but 3.165 if I am sleeping or something, lol

Bitguy101's bid is valid on his second bid which was at 28th minute.

Previous bid was at 13th minute.

Auction still valid.

15 minute restart from right now ...and...round 2.... FIGHT!  Cheesy
Wait? My bid of 3.175555 was at the 39th minute, and no bid more then .005 has come in above that

I see your point but the interpretation by bitguy although is incorrect he does appear to be wanting to outbid you. Either he is bad at math or misunderstood the auction rules.

Either way he appears to want to outbid you.


In future auctions I will stick with an easier increment like. 0.01BTC
So with a auction with a high bid of 1.016 and a bid increment of .005, then the least they can bid in order for the bid to be accepted is 1.021, correct?

My argument is that wanting to outbid someone and actually doing so are two different things

I think it should be valid given obviously he would go higher.

I won't fault him for being bad at math tonight  Wink

Smoothie, is it correct that bids go in .005 increments in general, not .005 higher that last bid?  Bids from what i have seen do not normally extend further than 3 digits past decimal point, or of they do, the third digit is at least a multiple of 5?

It means 0.005BTC higher than the previous bid.

Your interpretation was incorrect but I will let it go and start from my post above where I restarted the 15 min period.

The only reason I am letting it slide is because you obviously wanted to outbid him but had a misinterpretation of the rules or were bad at math. Neither of which I can fault you for.


I also told him that his bids were invalid both times
legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
I think it should be valid given obviously he would go higher.

I won't fault him for being bad at math tonight  Wink

Smoothie, is it correct that bids go in .005 increments in general, not .005 higher that last bid?  Bids from what i have seen do not normally extend further than 3 digits past decimal point, or of they do, the third digit is at least a multiple of 5?

It means 0.005BTC higher than the previous bid.

Your interpretation was incorrect but I will let it go and start from my post above where I restarted the 15 min period.

The only reason I am letting it slide is because you obviously wanted to outbid him but had a misinterpretation of the rules or were bad at math. Neither of which I can fault you for.

legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
.005 increments, but 3.165 if I am sleeping or something, lol

Bitguy101's bid is valid on his second bid which was at 28th minute.

Previous bid was at 13th minute.

Auction still valid.

15 minute restart from right now ...and...round 2.... FIGHT!  Cheesy
Wait? My bid of 3.175555 was at the 39th minute, and no bid more then .005 has come in above that

I see your point but the interpretation by bitguy although is incorrect he does appear to be wanting to outbid you. Either he is bad at math or misunderstood the auction rules.

Either way he appears to want to outbid you.

In future auctions I will stick with an easier increment like. 0.01BTC
sr. member
Activity: 294
Merit: 250
Top rated eBay seller. cflow01/thecryptostore2013
I think it should be valid given obviously he would go higher.

I won't fault him for being bad at math tonight  Wink

Smoothie, is it correct that bids go in .005 increments in general, not .005 higher that last bid?  Bids from what i have seen do not normally extend further than 3 digits past decimal point, or of they do, the third digit is at least a multiple of 5?
hero member
Activity: 675
Merit: 502
#SuperBowl50 #NFCchamps
.005 increments, but 3.165 if I am sleeping or something, lol

Bitguy101's bid is valid on his second bid which was at 28th minute.

Previous bid was at 13th minute.

Auction still valid.

15 minute restart from right now ...and...round 2.... FIGHT!  Cheesy
Wait? My bid of 3.175555 was at the 39th minute, and no bid more then .005 has come in above that
legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
I think it should be valid given obviously he would go higher.

I won't fault him for being bad at math tonight  Wink
legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
.005 increments, but 3.165 if I am sleeping or something, lol

Bitguy101's bid is valid on his second bid which was at 28th minute.

Previous bid was at 13th minute.

Auction still valid.

15 minute restart from right now ...and...round 2.... FIGHT!  Cheesy
hero member
Activity: 675
Merit: 502
#SuperBowl50 #NFCchamps
.005 increments, but 3.165 if I am sleeping or something, lol
3.1555
I want to confirm from smoothie if your bid is going to be accepted before bidding again. His rules are somewhat unclear
Hmm, actually, It could be more valid than your one bid of 3.14159265 as not in .005 increments. (unless smoothie were to round down) should have been 3.140 or 3.145.
That could make the auction over at my prior 3.135 bid and your next valid bid did not come in within 15 min then.?
I assume that his rules state that a bid must be at least .005 above the prior bid. To my knowledge he has accepted odd amount bids before.

I was questioning the validity of your prior bid because it was made 15 minutes and 38 seconds after my last bid (your bid of 3.16 was not high enough above my prior bid), but he has a strange rule about it only being to the minute, not second, so I am not sure.

3.80,
and
Wait, confused, your bid was 3.1555 at 13 min after, mine was 3.160 at 24 min after. Higher and only 11 min?
Your bid of 3.16 is less then .005 more then my bid of 3.1555, just like your bid of 3.18 is less then .005 then my bid of 3.175555
Your bid of 3.18 was only 0.004445 more then my last bid and your bid of 3.16 was only .0045 more then my bid of 3.1555

Since 15 minutes has passed since my bid of 3.175555 then I win, assuming he rejects your bid of 3.18 since it was not .005 more then my last bid (although smoothie really does need to be here to clarify)

my understanding has always been in increments of .005, not necessarily .005 higher than the last bid. That is the way I always do it.
I really don't know for sure. I would think in most cases they would be the same
sr. member
Activity: 294
Merit: 250
Top rated eBay seller. cflow01/thecryptostore2013
my understanding has always been in increments of .005, not necessarily .005 higher than the last bid. That is the way I always do it.
hero member
Activity: 675
Merit: 502
#SuperBowl50 #NFCchamps
.005 increments, but 3.165 if I am sleeping or something, lol
3.1555
I want to confirm from smoothie if your bid is going to be accepted before bidding again. His rules are somewhat unclear
Hmm, actually, It could be more valid than your one bid of 3.14159265 as not in .005 increments. (unless smoothie were to round down) should have been 3.140 or 3.145.
That could make the auction over at my prior 3.135 bid and your next valid bid did not come in within 15 min then.?
I assume that his rules state that a bid must be at least .005 above the prior bid. To my knowledge he has accepted odd amount bids before.

I was questioning the validity of your prior bid because it was made 15 minutes and 38 seconds after my last bid (your bid of 3.16 was not high enough above my prior bid), but he has a strange rule about it only being to the minute, not second, so I am not sure.

3.80,
and
Wait, confused, your bid was 3.1555 at 13 min after, mine was 3.160 at 24 min after. Higher and only 11 min?
Your bid of 3.16 is less then .005 more then my bid of 3.1555, just like your bid of 3.18 is less then .005 then my bid of 3.175555
sr. member
Activity: 294
Merit: 250
Top rated eBay seller. cflow01/thecryptostore2013
sr. member
Activity: 294
Merit: 250
Top rated eBay seller. cflow01/thecryptostore2013
.005 increments, but 3.165 if I am sleeping or something, lol
3.1555
I want to confirm from smoothie if your bid is going to be accepted before bidding again. His rules are somewhat unclear
Hmm, actually, It could be more valid than your one bid of 3.14159265 as not in .005 increments. (unless smoothie were to round down) should have been 3.140 or 3.145.
That could make the auction over at my prior 3.135 bid and your next valid bid did not come in within 15 min then.?
I assume that his rules state that a bid must be at least .005 above the prior bid. To my knowledge he has accepted odd amount bids before.

I was questioning the validity of your prior bid because it was made 15 minutes and 38 seconds after my last bid (your bid of 3.16 was not high enough above my prior bid), but he has a strange rule about it only being to the minute, not second, so I am not sure.

3.80,
and
Wait, confused, your bid was 3.1555 at 13 min after, mine was 3.160 at 24 min after. Higher and only 11 min?
hero member
Activity: 675
Merit: 502
#SuperBowl50 #NFCchamps
.005 increments, but 3.165 if I am sleeping or something, lol
3.1555
I want to confirm from smoothie if your bid is going to be accepted before bidding again. His rules are somewhat unclear
Hmm, actually, It could be more valid than your one bid of 3.14159265 as not in .005 increments. (unless smoothie were to round down) should have been 3.140 or 3.145.
That could make the auction over at my prior 3.135 bid and your next valid bid did not come in within 15 min then.?
I assume that his rules state that a bid must be at least .005 above the prior bid. To my knowledge he has accepted odd amount bids before.

I was questioning the validity of your prior bid because it was made 15 minutes and 38 seconds after my last bid (your bid of 3.16 was not high enough above my prior bid), but he has a strange rule about it only being to the minute, not second, so I am not sure.
sr. member
Activity: 294
Merit: 250
Top rated eBay seller. cflow01/thecryptostore2013
.005 increments, but 3.165 if I am sleeping or something, lol
3.1555
I want to confirm from smoothie if your bid is going to be accepted before bidding again. His rules are somewhat unclear
Hmm, actually, It could be more valid than your one bid of 3.14159265 as not in .005 increments. (unless smoothie were to round down) should have been 3.140 or 3.145.
That could make the auction over at my prior 3.135 bid and your next valid bid did not come in within 15 min then.?
hero member
Activity: 675
Merit: 502
#SuperBowl50 #NFCchamps
Smoothie is probably at the store buying more popcorn - he hasn't been online for ~30 minutes.

3.175555
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