Re: ►฿GOLD ► 48 HOUR LEALANA LARGE AUCTION (Black Addy/Mult Types) ►฿GOLD ►

.005 increments, but 3.165 if I am sleeping or something, lol

Bitguy101's bid is valid on his second bid which was at 28th minute.

Previous bid was at 13th minute.

Auction still valid.

15 minute restart from right now ...and...round 2.... FIGHT! Cheesy

Wait? My bid of 3.175555 was at the 39th minute, and no bid more then .005 has come in above that

I see your point but the interpretation by bitguy although is incorrect he does appear to be wanting to outbid you. Either he is bad at math or misunderstood the auction rules.

Either way he appears to want to outbid you.

In future auctions I will stick with an easier increment like. 0.01BTC

So with a auction with a high bid of 1.016 and a bid increment of .005, then the least they can bid in order for the bid to be accepted is 1.021, correct?

My argument is that wanting to outbid someone and actually doing so are two different things

Quote from: smoothie on February 21, 2015, 06:10:41 AM

Quote from: bitguy101 on February 21, 2015, 06:06:00 AM

Quote from: smoothie on February 21, 2015, 06:01:45 AM

I think it should be valid given obviously he would go higher.

I won't fault him for being bad at math tonight Wink

Smoothie, is it correct that bids go in .005 increments in general, not .005 higher that last bid? Bids from what i have seen do not normally extend further than 3 digits past decimal point, or of they do, the third digit is at least a multiple of 5?

It means 0.005BTC higher than the previous bid.

Your interpretation was incorrect but I will let it go and start from my post above where I restarted the 15 min period.

The only reason I am letting it slide is because you obviously wanted to outbid him but had a misinterpretation of the rules or were bad at math. Neither of which I can fault you for.

I also told him that his bids were invalid both times