Post
Topic
Board Collectibles
Re: Auctioning 2 Ballet Bitcoin Blocks (13.3135 and 6.5504 BTC) at Great Collections
by
coblee
on 25/03/2022, 22:25:54 UTC
coblee

All the best to you on this auction. I am curious about this auction site. It states that there are no reserves, but I cannot see too many details. Is the auction bidding above the btc value or is there a risk that these items can sell below the btc value?

Steeley

The auction is the total price. But remember to add the buyer's premium of 10% to the bid amount. There's definitely a risk that the item can sell below BTC value because it has no reserves. I'm betting that it won't because there are definitely people bidding up to BTC value. You can see the current BTC value of the coin on the auction page.