Post
Topic
Board Auctions
Re: ## 1320 ASICMINER DIRECT SHARES @0.29[btc] - 7 DAYS AUCTION - ESCROW POSSIBLE ##
by
SebastianJu
on 01/12/2013, 03:17:48 UTC
What else do you call bids in an auction that runs for 7 days and where bidders may or may not be there when the auction ends?  You are correct nothing was stated in the description and if you thought one way and I thought another how does it get resolved?  When I bid .33 there was only 1 person for 1 share at that level and plenty of room at .32  The bid was that if .32 would get exhausted I would be 1st in .33 without having to monitor the exact time when .32 ran out and having to rebid it again.  Also I brought this up BEFORE auction end when it appeared that .32 wouldn't run out.  SebastianJu could've responded that it's either .33 or .32 is at a different spot in line or any other possible responses.  Also SebastianJu can simply say that he wants it his way or nothing else then fine but don't try to say that this is some sort of strange anomaly and no one does auctions this way when the reality is the exact opposite and auctions are done this way.

Nothing kept you from watching this auction all the time. Absentee forms are for bidders that cant take part in the auction. Thats probably not for you. And even when... thats something you had to clear before. If i would have done such an auction the last days then there obviously would some numbers be missing in the status report since i would have to log the actual bid and the maximum bid. I never showed those numbers nor did i note such things since i never intended a auction of the type you want.

You might have spoken about that before the auction ended and i answered the way i thought your question was meant. That was it. Shouldnt you have inform you before bidding if youre unsure and had to ask if the auction was your preferred type?

Anyway... i think your search of absentee rules and rules of auctions like ebay is some kind of dropping the price. I wont jump in on that since you are the only one that claims auctions have to run the way you think.

To end this... will you accept the outcome of the auction or not? There are more than 30 persons that were overbidden with their shares and that would like to get the shares. I cant accept making this thread into a bazaar haggling about prizes to safe a couple breadcrumbs. This is not a sales talk, this was an auction. And the auction decided the price. No haggling included.

So let me know if you accept the outcome or not.