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Topic: Special Auction for 1x Denarium 1 BTC Gold Lead Mock-up - page 2. (Read 878 times)

member
Activity: 177
Merit: 12
copper member
Activity: 185
Merit: 33
Denarium representative for Prasos Oy
The current winner is DanielBTCNL with his 0.072 BTC bid.

We are closing after about 40 minutes if there are no new bids near the ending.

Is it going for 0.072 BTC? Would you like to have it for 0.073 BTC?
jr. member
Activity: 43
Merit: 2
legendary
Activity: 2242
Merit: 1057
member
Activity: 857
Merit: 28
.07 BTC
legendary
Activity: 2242
Merit: 1057
jr. member
Activity: 43
Merit: 2
legendary
Activity: 2242
Merit: 1057
copper member
Activity: 185
Merit: 33
Denarium representative for Prasos Oy
DanielBTCNL has confirmed his account directly with Denarium.com personnel. This should be totally legit person bidding here.
copper member
Activity: 1918
Merit: 254
member
Activity: 177
Merit: 12
BTC0.056
jr. member
Activity: 43
Merit: 2
jr. member
Activity: 43
Merit: 2
Do marked as Newby Im good for my bids. If it makes anyone feel better ill make my bid to Denarium store as well. Not only am I a investor in Denarium mothercompany Im Also a well known customer there. Crypto is the world of the decentralized right? Lets not turn it inti the centralized world of the non-newbees ;-)
legendary
Activity: 2242
Merit: 1057
full member
Activity: 210
Merit: 143
0.054

So if a newbie account bid 1 btc - at this moment - cascoinking would win with the second highest bid...  I don't understand why you wouldn't change the rules to put down a deposit  Huh 

I was gonna bid on this auction, but am gonna make some popcorn now Tongue
copper member
Activity: 143
Merit: 2
legendary
Activity: 1253
Merit: 1203
We have not had problems with fake bidders, but we will require some minimum rating on next auction. We are open to suggestions on how to do it, also.

Feel free to bid the amount you are willing to pay. It is not possible to do changes while the auction is already running. If the winner does not pay his bid, we will offer the coin to the second highest bidder and so on.

 Roll Eyes

https://pastebin.com/eLmjPL6e

Don't mind me.. just farming post count for ICO scams at a future point.

0.053BTC
legendary
Activity: 1809
Merit: 1136
OP, you weren't born yesterday?

I believe many collectors were gonna bid on this auction too...but will pass now.   Roll Eyes


 
member
Activity: 177
Merit: 12
BTC0.052. Lol
copper member
Activity: 185
Merit: 33
Denarium representative for Prasos Oy
We have not had problems with fake bidders, but we will require some minimum rating on next auction. We are open to suggestions on how to do it, also.

Feel free to bid the amount you are willing to pay. It is not possible to do changes while the auction is already running. If the winner does not pay his bid, we will offer the coin to the second highest bidder and so on.

That’s a silly policy IMO.
If a new memeber were to place a bid for it now at 2BTC nobody else would be likely to bid. Should that user then back out, the second highest bidder (DanielBTCNL) would win it for 0.055BTC despite others who would have bid but were put off by the 2BTC bid. That would result in others not participating and you losing out.
Now, switch those roles. Imagine the item is bid up gradually with shill bids/bids that won’t be kept. Other bidders on here will lose out by having to pay a higher price than the fair market value which is unfair to them.
In short, that policy won’t work.

Either implement a new rule where noobs have to provide proof of funds or state that should the winner fail to make payment the coin will be re-auctioned. Those are  the fairest options IMHO.

GL Smiley

Thank you and everyone for suggestions. We will consider these points while we adjust the rules in next auction.
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