Topic: Special Auction for 5x Denarium Bitcoin Decennium 2019 Gold Bars - page 5. (Read 2463 times)
September 04, 2019, 05:31:55 PM
I don’t understand this at all? How can bids go down in an auction? Wouldn’t the higher bids stay regardless and lower bids be replaced with higher bids? I thought that was how an auction worked. It doesn’t seem that this concept needs clarification in the rules, but would be implied. Can someone explain how price can go down. Minerjones has had many multi-item auctions that function this way. Ie the recent Lealana 10 coin auction.
September 04, 2019, 12:59:58 PM
Every denarium auction turns into a shitshow. This is not out of the ordinary at all. Many prominent collectors no longer bid in their threads.
September 04, 2019, 12:32:13 PM
Changing rules mid-auction? you gotta be kidding me....... 
It's unusual but under the circumstances it had to be done. The rules had a previously unknown exploit which made the whole auction slide into ridiculousness. I'm pretty sure all participants understood and most probably appreciated it.
September 03, 2019, 08:21:06 AM
You are lucky, it was my girlfriends birthday and she woke up during the auction and asked what I was doing and I told her, she said “aren’t you going to wish me happy birthday ?” Which put me instantly in the dog house, other wise I could have done this all day. Lol. Congrats to everyone , we all got bargains in the end .
September 03, 2019, 08:19:11 AM
WINNERS OF THE AUCTION!
kebab77 @ 0.45
kebab77 @ 0.45
rsincognito @ 0.44
rsincognito @ 0.44
lebnor @ 0.29
What a battle guys. Congrats to the winners! Our official account Denarium (OP poster) will contact you about payments / delivery in the near future.
In future auctions we will change the rules to disallow making new bids that are lower than previous bids. This has never been disallowed technically in our auctions but no one has tried to do that before. Apologies for the hassle. But now it's finished
kebab77 @ 0.45
kebab77 @ 0.45
rsincognito @ 0.44
rsincognito @ 0.44
lebnor @ 0.29
What a battle guys. Congrats to the winners! Our official account Denarium (OP poster) will contact you about payments / delivery in the near future.
In future auctions we will change the rules to disallow making new bids that are lower than previous bids. This has never been disallowed technically in our auctions but no one has tried to do that before. Apologies for the hassle. But now it's finished
September 03, 2019, 08:17:48 AM
Hate you guys rn ... hour of my life lost forever
September 03, 2019, 08:16:43 AM
Well that was fun. Lol 
September 03, 2019, 08:10:34 AM
Current status of the auction:
kebab77 @ 0.45
kebab77 @ 0.45
rsincognito @ 0.44
rsincognito @ 0.44
lebnor @ 0.29
Note: Change of rules, new bids that are lower than your previous bids will not be valid.
kebab77 @ 0.45
kebab77 @ 0.45
rsincognito @ 0.44
rsincognito @ 0.44
lebnor @ 0.29
Note: Change of rules, new bids that are lower than your previous bids will not be valid.
September 03, 2019, 08:07:57 AM
CHANGE OF RULES! BIDS CAN NO LONGER BE REPLACED BY LOWER BIDS. IF YOU BID LOWER THAN YOUR PREVIOUS BID, THE NEW BID IS INVALID.
THIS RULE IS VALID AFTER THIS POST.
Get this over with.
THIS RULE IS VALID AFTER THIS POST.
Get this over with.
September 03, 2019, 08:05:31 AM
1 @ 0.29BTC
September 03, 2019, 08:03:03 AM
2 @ 0.45
September 03, 2019, 08:02:25 AM
2 @ .44
September 03, 2019, 08:01:44 AM
Not happy being bid up only for them to drop and then start bidding me up again
September 03, 2019, 08:01:07 AM
Where is kebab77's 0.8 BTC bid?
Invalidated by his newer, lower bids. Technically the rules don't deny overriding higher bids with lower bids, so this can happen. We might change the rules for future auctions, didn't really think of this before as it hasn't been an issue. rsincognito did it first though, and kebab77 simply followed through to not pay too much of a premium.
September 03, 2019, 07:59:21 AM
Current status of the auction:
kebab77 @ 0.76
rsincognito @ 0.52
rsincognito @ 0.51
kebab77 @ 0.43
lebnor @ 0.43
We might have to rethink the rules for lowering bids in the future...
kebab77 @ 0.76
rsincognito @ 0.52
rsincognito @ 0.51
kebab77 @ 0.43
lebnor @ 0.43
We might have to rethink the rules for lowering bids in the future...
Where is kebab77's 0.8 BTC bid?
September 03, 2019, 07:57:30 AM
Current status of the auction:
kebab77 @ 0.76
rsincognito @ 0.52
rsincognito @ 0.51
kebab77 @ 0.43
lebnor @ 0.43
We might have to rethink the rules for lowering bids in the future...
kebab77 @ 0.76
rsincognito @ 0.52
rsincognito @ 0.51
kebab77 @ 0.43
lebnor @ 0.43
We might have to rethink the rules for lowering bids in the future...
September 03, 2019, 07:54:33 AM
1 @ .43 BTC
September 03, 2019, 07:54:19 AM
1 @ 0.76
1 @ 0.43
1 @ 0.43
September 03, 2019, 07:53:15 AM
1 @ .52
1 @ .51
1 @ .51
September 03, 2019, 07:44:30 AM
1 @ 0.5
1 @ 0.43
1 @ 0.43
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