Pages:
Author

Topic: [SPECIAL AUCTION] Special Auction for 3x Denarium Gold Bar 2018 (Read 1582 times)

legendary
Activity: 2184
Merit: 1056
Affordable Physical Bitcoins - Denarium.com
We have always seen the same with the BTCC Mint auctions. Denarium being based in Finland and BTCC Mint 'was' based in China, you never know if they put out Facebook ads or tv commercial slots or the equivalent in their local forms of social media. This brings newbie accounts here and maybe we as the skeptics (its not a bad thing to be one) need to establish an unofficial official rule or two for future auctions, something easy to follow and easy to abide by.

The company behind Denarium, Prasos, has multiple business lines in the crypto space with Denarium being actually the smallest one. Prasos has over 80000 customers in its services at large and especially recently (due to Christmas), and this being an important auction, Denarium stuff has been pretty much pushed through all the other services of Prasos as well. That's basically the reason for the newbie accounts, as these are promoted outside Bitcointalk quite a bit.

In this auction there actually wasn't any true new accounts which was a bit surprising to me. The winner, even though technically a newbie account, has bid (and won) in our auctions previously.
legendary
Activity: 1806
Merit: 1164
Some good points have been made. I don't plan on selling anything in the near future but I would most likely only allow bids from new accounts who had bought Copper membership. That does not prevent shill bidding but does indicate the buyer is more serious about collecting.
legendary
Activity: 1253
Merit: 1203
Denarium, it often times looks suspicious to some people when newbie accounts come in and make large raises like that.. we understand that based on where you guys are located there may be names that just lurk and don't post so much in the english-speaking dominated forum.. just imagine if you had left trust with him 11months ago stating he bid and paid, transaction went smooth.. this wouldn't even pop up as questionable. use the forum's tools to your advantage.

I appreciate this feedback and we will definitely consider improvements to increase trust.

I agree with this, it seems that these accounts only come out to bid on Denarium auctions. There were many things that I was wanting to bid on but will not participate because of of the fear of getting bid up. I raised this issue and an auction here recently which I continue to bid in until a other account came in and started bidding that only bids on their auctions. I know for a fact it cost them money knowing what I was prepared to bid. I'm not saying that anyting fishy is going on, I'm just saying I'm not betting against 2 newbie accounts or any other accounts that just bid on their stuff with no interaction with the community outside of that. I do not post a lot myself so I do have an understanding there but at least I have some kind of History with multiple and different transactions.

We have always seen the same with the BTCC Mint auctions. Denarium being based in Finland and BTCC Mint 'was' based in China, you never know if they put out Facebook ads or tv commercial slots or the equivalent in their local forms of social media. This brings newbie accounts here and maybe we as the skeptics (its not a bad thing to be one) need to establish an unofficial official rule or two for future auctions, something easy to follow and easy to abide by.
member
Activity: 177
Merit: 12
Denarium, it often times looks suspicious to some people when newbie accounts come in and make large raises like that.. we understand that based on where you guys are located there may be names that just lurk and don't post so much in the english-speaking dominated forum.. just imagine if you had left trust with him 11months ago stating he bid and paid, transaction went smooth.. this wouldn't even pop up as questionable. use the forum's tools to your advantage.

I appreciate this feedback and we will definitely consider improvements to increase trust.

I agree with this, it seems that these accounts only come out to bid on Denarium auctions. There were many things that I was wanting to bid on but will not participate because of of the fear of getting bid up. I raised this issue and an auction here recently which I continue to bid in until a other account came in and started bidding that only bids on their auctions. I know for a fact it cost them money knowing what I was prepared to bid. I'm not saying that anyting fishy is going on, I'm just saying I'm not betting against 2 newbie accounts or any other accounts that just bid on their stuff with no interaction with the community outside of that. I do not post a lot myself so I do have an understanding there but at least I have some kind of History with multiple and different transactions.
copper member
Activity: 2562
Merit: 2510
Spear the bees
As far as I can tell, I only outbid the top bids by the minimum amount ... if I did this wrong somehow, I apologise
I just wanted first choice for the serial number
Nothing to do with your bidding procedure. It's just suspicious when a Newbie account participates in an auction for obvious reason: anyone can register the account.
newbie
Activity: 38
Merit: 0
As far as I can tell, I only outbid the top bids by the minimum amount ... if I did this wrong somehow, I apologise
I just wanted first choice for the serial number
legendary
Activity: 2184
Merit: 1056
Affordable Physical Bitcoins - Denarium.com
Denarium, it often times looks suspicious to some people when newbie accounts come in and make large raises like that.. we understand that based on where you guys are located there may be names that just lurk and don't post so much in the english-speaking dominated forum.. just imagine if you had left trust with him 11months ago stating he bid and paid, transaction went smooth.. this wouldn't even pop up as questionable. use the forum's tools to your advantage.

I appreciate this feedback and we will definitely consider improvements to increase trust.
legendary
Activity: 1253
Merit: 1203
Denarium, it often times looks suspicious to some people when newbie accounts come in and make large raises like that.. we understand that based on where you guys are located there may be names that just lurk and don't post so much in the english-speaking dominated forum.. just imagine if you had left trust with him a year ago stating he bid and paid, transaction went smooth.. this wouldn't even pop up as questionable. use the forum's tools to your advantage.

congrats to the winners, if we skyrocket again i'll definitely be buying one of these beauties in the future

edit- changed 11months to 1year as he didn't win the January 2018 auction.
member
Activity: 494
Merit: 12
Thank you both for addressing that..  Wink
legendary
Activity: 1809
Merit: 1136
legendary
Activity: 2184
Merit: 1056
Affordable Physical Bitcoins - Denarium.com
I don't want to state the obvious, here.  To create less conflict.  Lips sealed

If you're referring to the "newbie account" kebab77, he is a Bitcoin early adopter who has made many orders from us from the store and won coins from previous auctions, and has always paid. Unless you're suggesting a conspiracy, there shouldn't be an issue here.
legendary
Activity: 1809
Merit: 1136
I don't want to state the obvious, here.  To create less conflict.  Lips sealed
legendary
Activity: 2184
Merit: 1056
Affordable Physical Bitcoins - Denarium.com
That's it! Time is up. Congrats to the winners.

WINNERS:

#1 kebab77 1.32
#2 lebnor 1.3
#3 greenplastic 1.2

Our official account Denarium (creator of the original post) will be in touch within 24 hours regarding the practicalities of choosing the bars and making payment etc.
legendary
Activity: 2184
Merit: 1056
Affordable Physical Bitcoins - Denarium.com
Current winning bids:

#1 kebab77 1.32
#2 lebnor 1.3
#3 greenplastic 1.2
newbie
Activity: 38
Merit: 0
legendary
Activity: 2184
Merit: 1056
Affordable Physical Bitcoins - Denarium.com
Current winning bids:

#1 lebnor 1.3
#2 kebab77 1.22
#3 greenplastic 1.2
member
Activity: 494
Merit: 12
sr. member
Activity: 800
Merit: 326
legendary
Activity: 2184
Merit: 1056
Affordable Physical Bitcoins - Denarium.com
Current winning bids:

#1 kebab77 1.22
#2 greenplastic 1.2
#3 lebnor 1.1

Auction still continues.
legendary
Activity: 2184
Merit: 1056
Affordable Physical Bitcoins - Denarium.com
Pages:
Jump to: