Post
Topic
Board Auctions
Re: ## 1320 ASICMINER DIRECT SHARES @0.29[btc] - 7 DAYS AUCTION - ESCROW POSSIBLE ##
by
stripykitteh
on 01/12/2013, 03:50:25 UTC
@SebastianJu   ok,it's my fault, and this is my first time taking part in auction,and sorry for that . Then, I obey the rule, and I replace  my earlier  bid 170@0.31 with  1@0.32, is that ok ?

It's not his first time; he's done this before. In August he bid on transisto's auction, and was one of the winners:

https://bitcointalk.org/index.php?topic=277727.msg2969315#msg2969315

transisto put the following feedback against his account:

https://bitcointalk.org/index.php?action=trust;u=130397 (click on 'Show ratings.')

Quote from: transisto
Breach of contract.

"All bid are considered binding contracts."

Did not pay it's shares.


I'm guessing his modus operandi is to bid on an auction hoping to flip the shares later on an exchange. If the price on the exchange drops he just fails to follow through with the contract and pretends to be an idiot who doesn't know what he's doing.

I note the irony of his signature:

Quote from: David Chen

reputation is everything.