Post
Topic
Board Collectibles
Re: [AUCTION] LOT 1: 1HODLCLUB 1oz Silver Ingot (0.0025 BTC) & LOT 2: MYBITS Ingot
by
Rymaster
on 28/05/2025, 00:00:15 UTC
Lot 2:0.0006


Lot 1:0.0036 BTC



Winner of Lot 1 & Lot 2: goldlyre. Thank you to all the participants!


Did I read the instruction incorrectly? I thought each time there was a bid within the last 10 minutes, it added another 10 minutes section onto the auction for that lot?

So 5pm EST became 5:10, then 5:20, 5:30, ect until the next 10 minute section goes by without a bid? Since instructions didn't say 10 minutes from last bid...

Hi,
goldlyre last bid was today at 5:16:33, and yours came in at 5:29:43, so more than 10 minutes had passed between the two. Therefore, the winner is goldlyre.
I understand this rule might not have been completely clear, so I’ll make sure to explain it better in the next auction to avoid any confusion.

Thanks for taking part!


Okay, then it is 10 minutes from LAST bid, got it. Just needed some clarity on that since it wasn't stated that way.

Otherwise I interrupted it as the following, as if 10 minute slots were just added onto the end time.

5pm end time. Bid placed in last 10 mins made new end time, 5:10, bids placed in that section made new end time 5:20, 5:30, ect... until another 10 minute section passed without a bid.