One bid could take them all...
Bidders must register to participate in a designated Series. Bidders may register to participate in more than one Series, but must provide the required deposit for each Series (i.e. the deposit requirement aggregates depending on the number of Series selected).
As with the last auction, one registration allows you to bid on multiple blocks for the same price, but does not allow you submit multiple bids at varying prices. If you wish to have the ability to bid multiple prices on multiple blocks within the same Series, you will need to submit another registration form and additional deposit. The following examples are provided for your convenience:
Example 1: A bid to purchase three (3) blocks of Series A for the same per bitcoin price (e.g. $X per bitcoin for 6,000 Series A bitcoins) requires ONE registration form for Series A with a $100,000 deposit. Use ONE Bid Form to bid for ALL THREE Series A blocks.
Example 2: A bid to purchase three (3) blocks of Series A for the same per bitcoin price (e.g. $X per bitcoin for 6,000 Series A bitcoins), and two (2) blocks of Series B for the same per bitcoin price (e.g. $Y per bitcoin for 6,000 Series B bitcoins) requires ONE registration form for BOTH Series A and B with a $250,000 deposit ($100,000 for Series A plus $150,000 for Series B). Use ONE Bid Form to bid for Series A AND Series B blocks. Note that the per-bitcoin price for Series A does not need to match the Series B per-bitcoin price.
Example 3: Three (3) separate bids to purchase blocks of Series A at different prices (e.g. $X per bitcoin for 2,000 bitcoins, $Y per bitcoin for 2,000 bitcoins, and $Z per bitcoin for 2,000 bitcoins) requires THREE separate registration forms (EACH selecting Series A), and a $300,000 deposit ($100,000 for EACH registration). Use THREE Bid Forms, ONE FOR EACH Series A block. Note that each registration also permits a bidder to register for other Series (requiring additional deposits).
