Quote from: Tehfiend on October 15, 2013, 04:27:06 PM

Quote from: smoothrunnings on October 15, 2013, 04:15:10 PM

I was outbit but I still haven't see the 2BTC's either return to my Tradehill account or to my wallet. Is there something that I am missing?

Their withdrawal page states:

Quote

Transfers from Tradehill will require one business day to process.

so maybe the same is true with failed bid refunds as well.

Quote from: hephaist0s on October 15, 2013, 04:16:22 PM

Lagged out in the final minutes, couldn't even rebid. Very frustrating.

That's the risk you take when you try to snipe. Since I had a feeling their site wouldn't handle the last minute sniping I put up my max bid 30 minutes before end of auction to be safe and got 3 units for 2.29BTC ea. Curious if Yufi is happy with the results considering the previous minimum bid was 6BTC...

I did not try to snipe. I was consistently ahead of several hundred bidders and my bid seemed safe. I monitored the auction on an ongoing basis. Their site failed to respond with several minutes remaining. I did not find a mechanism to increase my bid, only to cancel and re-open.

I was not able to express my intent to bid on their auction site. I am sure that this was true of others as well. Not only that, the site does not show the bidding results anymore, they were taken down when the auction was over. I think that an essential aspect of an auction is transparency, and the final results are not transparent.

I think there is a wide open field for anyone else to compete at auctioneering.