After I bought the Avalon and started the sale of shares, there has been some interaction between some authorities and various Bitcoin entities. This has included the closing of bank accounts and lack of access to funds. I also note without additional interpretation that there were inexplicable DoS attacks on several exchanges just prior to the bank account closings.
Today a posting disclosed that a cease and desist order was delivered from the State of California to The Bitcoin Foundation. This posting has prompted me to make an
announcement in my original auction thread.
I have decided to extend this buy-back so that anyone who has a pessimistic interpretation of events has a chance to back out, no questions asked.
So, similar deal as in post #1. Send me a PM or post here that you want to sell your shares. After block 244,687 is mined, whatever that date-time stamp, I will match y'all's lowest buy-back ask against my lowest sufficient buy-back bid, pay your ask amount, retire that (bid, ask, nr of shares) triple, and repeat until no more matches can be made.
Here are the numbers for my 10 bid orders. I am using an auction to compensate you for the time that your bitcoins have been tied up, but to also give a sense of urgency and price competition. I am using bid amounts that other people made in a similar auction to set realistic starting values.
I apologize in advance, but I think I have to offer PM to protect privacy to the cautious. The result of that is there could be swooping bids at the end and not enough time to disclose them. I don't know any solution to that dilemma.
Final auction results. These 10 accounts each own 1 share (1%) of the Avalon's output.
- 1.4021 ; 1
1.402 ; 1
1.4015 ; 1
1.401 ; 1
1.400001 ; 1
1.40000001 ; 1
1.265000000 ; 1
1.23359794 ; 1
1.21410000 ; 1
1.21100000 ; 1