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Topic: [Sell] Avalon batch #2 by escrow, start at 60 BTC, cancel if it arrives too late - page 5. (Read 4007 times)

newbie
Activity: 40
Merit: 0
ooo sorry didnt see the already 66 bid. Just curious but where will the avalons ship from? Also what type of shipping? fedex, ups,dhl, and is it normal, or next day?

starsoccer, are you bidding 67? Currently michelet has the highest bid at 66.
legendary
Activity: 1630
Merit: 1000
Are you going to give warning before you close it? I know you said you will just close it but I mean once you get word from avalon will you wait like 24hours before closing or close right away?
legendary
Activity: 2128
Merit: 1002
if you guys still need an escrow ( see my sig ).
 Smiley
hero member
Activity: 672
Merit: 501
Where in UK are you located?
Please see rule 4.

I am based in Bedford.
I need better glasses, clearly, sorry!
newbie
Activity: 40
Merit: 0
Where in UK are you located?
Please see rule 4.

I am based in Bedford.
hero member
Activity: 672
Merit: 501
Where in UK are you located?
newbie
Activity: 40
Merit: 0
Just to reiterate, I have relented on rule 3 and made it better for you, the bidders. It should now read:

3. By placing a bid, you agree to pay John K. (escrow) 10% of the winning bid amount within 72 hours (3 days) after the auction ends, as a deposit until I receive the miner from Avalon (see rule 6). You may make your bid subject to seeing more evidence from me in which case state this in your post with your bid. You must leave this 10% on deposit with John K. if you still want to take part in a trade.

When I receive notification from Avalon that delivery to me is imminent, I will notify John K. of this and he will freeze your funds. (Until that point, you can drop out of the auction altogether and ask John K. to return your funds, but once dropped-out, there is no dropping-in again.) I will also notify you that delivery is imminent, and you can either pay the remaining 90% then (so that I can ship your package the very moment it arrives, without waiting to hear from John K.) or you can wait until I have actually physically received the miner before paying the remaining 90%. Obviously I can't ship your package to you I hear from John K. that you have paid the full amount.
newbie
Activity: 40
Merit: 0
ooo sorry didnt see the already 66 bid. Just curious but where will the avalons ship from? Also what type of shipping? fedex, ups,dhl, and is it normal, or next day?
Please see rule 4.
legendary
Activity: 1630
Merit: 1000
ooo sorry didnt see the already 66 bid. Just curious but where will the avalons ship from? Also what type of shipping? fedex, ups,dhl, and is it normal, or next day?
newbie
Activity: 40
Merit: 0
I have decided to relent a bit on rule No. 3.
3. By placing a bid, you agree to pay John K. (escrow) the winning bid amount within 72 hours (3 days) after the auction ends, but this will be considered to be merely a deposit until I receive the miner from Avalon (see rule 6).
Since this is only a deposit to show that you are serious, you needn't put the whole amount on file with John K. at that point, if I still don't know when I'll be receiving the unit from Avalon. A mere 10% will be sufficient. I'll then notify you when it arrives and you can pay the rest.
newbie
Activity: 40
Merit: 0
66
starsoccer9, your bid is invalid because michelet already bid 66. Please bid at least 67 if you want to take part.

Don't forget everyone, this is a normal old-fashioned auction not like on eBay where you specify a maximum bid and eBay proxy bids for you. This means that you are completely free to bid again if you get outbid. Wink
newbie
Activity: 40
Merit: 0
The highest bid so far is: (no bids yet) (updated approximately daily)
Deng, it looks like I can no longer edit my first post. I guess you'll all just have to scroll to the last page to find out the current bid (currently 66 BTC).

Kudos to tom1 for working out the payment address. Cool

Regarding the payment, I perhaps better explain a few things to clear up some confusion:
  • The Avalon batch 2's were priced in USD, at $1500 each. You can see that here. There are two mistakes about this on Avalon's official website, one of which is that the website now says that they were priced at 75 BTC each, and the other is that the order status page shows that I paid 6000 BTC when it should say that I paid $6000.
  • The bitcoin address 19qFqovtjezvcjf3SFRFq6EkePTuY2uA3x is owned by Avalon. (Or rather, it is owned by WalletBit.) It is the address to which I was asked to make payment, and I was given a quote of 225.58282142 BTC to be worth $6000. Anybody who has paid for anything with WalletBit or BitPay will be familiar with the system.
  • The addresses 1C8x7nY5fZfsxrQKaXPS1fRQ5KoC4fBqW6, 1FBbATwKdCH2PzPB3TvqWkz7Bw8ZbNBY1S and 18bmze8KRHdSbCSwViz4wbZvMLdNoga28t are owned by BtcDirect of localbitcoins.com. I paid BtcDirect British pounds sterling and they paid Avalon BTC on my behalf.
  • Because I agreed to trade £4000 for 230 BTC with BtcDirect before I had the exact quote from WalletBit, there was change of 4.41717858 BTC which was paid to my address, 1DtuFfgtaRYrhwCt6KpGVcwBp6UocTf2My. The only evidence I have that these transactions are related is that 4.41717858 + 225.58282142 = 230.00000000, but since there are eight decimal places matching I guess that should be enough. Anyhow, I control the address 1DtuFfgtaRYrhwCt6KpGVcwBp6UocTf2My and would be quite happy to make a small payments (of 0.001 BTC or so) to any address of your choosing for the benefit of any concerned would-be bidders. (That is, to prove that I own the address.) And I expect BtcDirect can probably vouch for me as well.
  • Unfortunately I don't really have any way of showing that payments sent to 19qFqovtjezvcjf3SFRFq6EkePTuY2uA3x were received by Avalon and not someone else, except this support ticket which is not publicly viewable so I can only give you a screenshot. The pixellating seems to be freaking people out so I've stopped doing that.

Fortunately, you don't have to take my word on anything. Since payment is done by John K. (escrow) at the very worst I can waste some of your time, but I can't take your money unless you ask John K. to release the funds once you've received the package from me. And with clause 6 (in the rules above) you are covered against Avalon not delivering also.

If anybody thinks I should be doing something differently, please say so.
legendary
Activity: 1630
Merit: 1000
full member
Activity: 170
Merit: 100
www.easyha.sh
sr. member
Activity: 407
Merit: 255
When does your auction end?
full member
Activity: 170
Merit: 100
www.easyha.sh
hero member
Activity: 546
Merit: 500
sr. member
Activity: 266
Merit: 250
member
Activity: 100
Merit: 10
fhh
legendary
Activity: 1206
Merit: 1000
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