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Topic: Selling my bitcoins cheaper than exchange through paypal... (Read 2226 times)

sr. member
Activity: 422
Merit: 250
@mokimarket hey, i registered with your service and now i keep receiving unwanted email messages in my inbox, could you please be so kind and put an unsubscribe link in those emails if it's not to much hassle ?

Hey sorry about that, weve been having problems with our newsletter system, It should be fixed now, if you get any emails again please let me know so I can recheck the distribution.
legendary
Activity: 924
Merit: 1004
Firstbits: 1pirata
@mokimarket hey, i registered with your service and now i keep receiving unwanted email messages in my inbox, could you please be so kind and put an unsubscribe link in those emails if it's not to much hassle ?
sr. member
Activity: 422
Merit: 250
More bitcoins posted:
http://www.mokimarket.com/auction_details/55
http://www.mokimarket.com/auction_details/56
http://www.mokimarket.com/auction_details/57
http://www.mokimarket.com/auction_details/58


Will have bitcoin auctions going on every day this week. Smiley

If you want to purchase credits for site using bitcoins pm me; I'm the only penny auction site that's accepting them. In the meantime, I'm working on installation of the bit-pay into my system and will introduce some really cool stuff to the site pretty soon.



Auction ending in less than half hour: http://www.mokimarket.com/auction_details/55

Last coin cost last winner only $0.64. Another auction ending today in an hour: http://www.mokimarket.com/auction_details/56


Another auction ending soon: http://www.mokimarket.com/auction_details/57

Last winner only paid 19 cents, http://www.mokimarket.com/auction_details/56
sr. member
Activity: 422
Merit: 250
More bitcoins posted:
http://www.mokimarket.com/auction_details/55
http://www.mokimarket.com/auction_details/56
http://www.mokimarket.com/auction_details/57
http://www.mokimarket.com/auction_details/58


Will have bitcoin auctions going on every day this week. Smiley

If you want to purchase credits for site using bitcoins pm me; I'm the only penny auction site that's accepting them. In the meantime, I'm working on installation of the bit-pay into my system and will introduce some really cool stuff to the site pretty soon.



Auction ending in less than half hour: http://www.mokimarket.com/auction_details/55

Last coin cost last winner only $0.64. Another auction ending today in an hour: http://www.mokimarket.com/auction_details/56
sr. member
Activity: 422
Merit: 250
More bitcoins posted:
http://www.mokimarket.com/auction_details/55
http://www.mokimarket.com/auction_details/56
http://www.mokimarket.com/auction_details/57
http://www.mokimarket.com/auction_details/58


Will have bitcoin auctions going on every day this week. Smiley

If you want to purchase credits for site using bitcoins pm me; I'm the only penny auction site that's accepting them. In the meantime, I'm working on installation of the bit-pay into my system and will introduce some really cool stuff to the site pretty soon.



Auction ending in less than half hour: http://www.mokimarket.com/auction_details/55
sr. member
Activity: 422
Merit: 250
More bitcoins posted:
http://www.mokimarket.com/auction_details/55
http://www.mokimarket.com/auction_details/56
http://www.mokimarket.com/auction_details/57
http://www.mokimarket.com/auction_details/58


Will have bitcoin auctions going on every day this week. Smiley

If you want to purchase credits for site using bitcoins pm me; I'm the only penny auction site that's accepting them. In the meantime, I'm working on installation of the bit-pay into my system and will introduce some really cool stuff to the site pretty soon.

sr. member
Activity: 350
Merit: 250
I receive my new bitcoin Cheesy
Thank you
sr. member
Activity: 422
Merit: 250
Just sent them!

Thanks for trying out my site. I was surprised it got bidded up so high...even though it still cost you less than exchange. Will be posting a lot more soon.
sr. member
Activity: 422
Merit: 250
Yes I saw, congratulation!

Did u send me your bitcoin address? Not at computer now (mobile) but will send when I get back
sr. member
Activity: 350
Merit: 250
I just win one bitcoin in his auction: http://www.mokimarket.com/auction_details/37
i pay it and waiting to receive it.
thanks
sr. member
Activity: 422
Merit: 250
It's not a scam. It's gambling and the rules are clearly written there. You can spend $5 without receiving a single bitcoin.

I not gambling because the outcomes can be deterministics if the bidder chooses; gambling involves chance. This is a marketplace because you can be on either side of the transaction (You can sell or buy items). This is a skill based game with many strategies.

But I'm not interested in making money from the items I post (Obviously eventually I would like the site to be profitable, but for now it would be nice to cover shipping). I'm just interested in spreading the idea of an alternative marketplace amongst bitcoin users. This platform could be used to trade bitcoins or other tangible products.

This isn't like any of these other penny auctions sites you see. Users can create the penny auctions, there is no other site like this anywhere. You can auctions new or used good, ideas, services (as long as it's legal and non-vulgar). Sometimes sellers can make more money, sometimes they lose. Just like any market you don't always win, the market decides.



20% fees is way to high i think, can you make a website like ebay or silkroad pls, this kind of "auctions" is all over the web already and ppl who know how they work try to avoid them

I won't disagree with that, but right now we are giving sellers who receive positive feedback on their auction 100% of all commissions.  And we could significantly reduce those fees to maybe 2-3% if be had enough bitcoin users so that we could 100% adopt bitcoins as payment processor. Transaction fees plus chargeback risk are taken by the site so it's not a huge percentage given all those costs when you add them up.

And yea there are alot of sites, but you wont find one that lets user's create penny auctions like ours. Nor one that will accept bitcoins for credits. Most of the site you see offer big ticket items that they can't afford to lose money on, most stuff on our site is small value stuff but still pretty valuable and a great bargain.

legendary
Activity: 924
Merit: 1004
Firstbits: 1pirata
It's not a scam. It's gambling and the rules are clearly written there. You can spend $5 without receiving a single bitcoin.

I not gambling because the outcomes can be deterministics if the bidder chooses; gambling involves chance. This is a marketplace because you can be on either side of the transaction (You can sell or buy items). This is a skill based game with many strategies.

But I'm not interested in making money from the items I post (Obviously eventually I would like the site to be profitable, but for now it would be nice to cover shipping). I'm just interested in spreading the idea of an alternative marketplace amongst bitcoin users. This platform could be used to trade bitcoins or other tangible products.

This isn't like any of these other penny auctions sites you see. Users can create the penny auctions, there is no other site like this anywhere. You can auctions new or used good, ideas, services (as long as it's legal and non-vulgar). Sometimes sellers can make more money, sometimes they lose. Just like any market you don't always win, the market decides.



20% fees is way to high i think, can you make a website like ebay or silkroad pls, this kind of "auctions" is all over the web already and ppl who know how they work try to avoid them
sr. member
Activity: 422
Merit: 250
It's not a scam. It's gambling and the rules are clearly written there. You can spend $5 without receiving a single bitcoin.

I not gambling because the outcomes can be deterministics if the bidder chooses; gambling involves chance. This is a marketplace because you can be on either side of the transaction (You can sell or buy items). This is a skill based game with many strategies.

But I'm not interested in making money from the items I post (Obviously eventually I would like the site to be profitable, but for now it would be nice to cover shipping). I'm just interested in spreading the idea of an alternative marketplace amongst bitcoin users. This platform could be used to trade bitcoins or other tangible products.

This isn't like any of these other penny auctions sites you see. Users can create the penny auctions, there is no other site like this anywhere. You can auctions new or used good, ideas, services (as long as it's legal and non-vulgar). Sometimes sellers can make more money, sometimes they lose. Just like any market you don't always win, the market decides.

sr. member
Activity: 350
Merit: 250
It's not a scam. It's gambling and the rules are clearly written there. You can spend $5 without receiving a single bitcoin.

but you can spend 5 cents and receive 5 bitcoins...
cannot everyone to win.
for each + have -

whem you trade in mtgox what happen? if you are on profit then someone is on lose. so mtgox trade is a gambling too?

i very like his idea.
hero member
Activity: 602
Merit: 502
It's not a scam. It's gambling and the rules are clearly written there. You can spend $5 without receiving a single bitcoin.
sr. member
Activity: 422
Merit: 250
Selling items is free. Seller receives final bid price plus 20% of bidding commission. Right now we are giving sellers all bidding commission as promotion.

Takes less than a minute to create a penny auction on our site. I don't think you will find a site that makes it this easy to creat a penny auction anywhere else.
sr. member
Activity: 422
Merit: 250
In your "user profile" there a link called "Redeem Credit Coupon", click on that.

And our site is not reserves, plus free shipping on all items. I know that sucks for sellers right now, that's why we recommend just posting really cheap stuff or virtual goods. Most of the bigger item stuff if posted by me.

You can choose how much you want to charge per bid. Anywhere from 1 cent (1 credit) to up to $10 bucks (1000 credits)
sr. member
Activity: 350
Merit: 250
You don't even need to purchase anything so it's definitely not a scam. Just use: "freecredit50"

maybe this is a option for the admin. I not see where to add freecredit50 Smiley
sr. member
Activity: 350
Merit: 250
pm send

what is your fee if I want to sell something in your site? can I set a reserve price?
sr. member
Activity: 422
Merit: 250
You don't even need to purchase anything so it's definitely not a scam. Just use: "freecredit50"

I seriously doubt my bitcoins will go for higher than $0.30. I'm just trying to market the idea because I think it's cool.

To me Bitcoins is the perfect market for penny auctions because typically the final values of auctions are so low than most payment processors would charge more than what the payment transfer value is. Would definitely solve alot of issues with transaction fees.
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