https://bitcointalksearch.org/topic/reverse-auction-kialara-original-ended-5095669
I have begun my reverse auction, in case anybody is actually interested in following along. I think it will be a good time, it's for one of the coolest collectibles to have ever been created and I imagine the sellers are going to be top-notch as well. Thanks for the replies, will be locking this up now considering I've got my answer. Come sell me a Kialara!
Topic: [Help] Reverse Auction? (Read 166 times)
I googled and saw some past occurrences which are really old. I did try to search for recent ones but there was nothing when I set the date result to past 2 years.
do "reverse auction site:bitcointalk.org" and you'll find more, here are few I picked where lots of ppl participated:
Reverse auction: Buying lookback call option on BTC with floating strike, 1mth
!!Reverse auction!! asicminer USB --Read OP--
[WTS] -REVERSE AUCTION - excellent ungraded s2 25 BTC Casascius coin @ 27.2 (2016)
btw, nice idea, hope it goes well if ever you decided to push it.
do "reverse auction site:bitcointalk.org" and you'll find more, here are few I picked where lots of ppl participated:
Reverse auction: Buying lookback call option on BTC with floating strike, 1mth
!!Reverse auction!! asicminer USB --Read OP--
[WTS] -REVERSE AUCTION - excellent ungraded s2 25 BTC Casascius coin @ 27.2 (2016)
btw, nice idea, hope it goes well if ever you decided to push it.
Theres indeed a reverse auction. (source: Wikipedia)
Quote
A reverse auction is a type of auction in which the roles of buyer and seller are reversed. In an ordinary auction (also known as a 'forward auction'), buyers compete to obtain goods or services by offering increasingly higher prices. In a reverse auction, the sellers compete to obtain business from the buyer and prices will typically decrease as the sellers underbid each other.
Dont have idea if someones using this up since most sellers are using that ordinary auction set-up but you can start a reverse one anytime.
I've been considering doing a "Reverse Auction", but I'm not even sure that is the proper term for what I am attempting to do. I thought it might be interesting for me, as an potential buyer, to start an auction for a particular item and then whichever seller of that item makes the lowest offer, sells it to me for that price. Does that make sense and would that be called a reverse auction?
Instead of offering the price at which you would purchase an item from me, you would be offering the price at which you'd be willing to sell the item to me.
Does anybody happen to have a template for such a thing or references for this happening in the past?
Instead of offering the price at which you would purchase an item from me, you would be offering the price at which you'd be willing to sell the item to me.
Does anybody happen to have a template for such a thing or references for this happening in the past?
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