Post
Topic
Board Announcements (Altcoins)
Re: [DVC]DevCoin - Official Thread - Moderated
by
sidhujag
on 28/05/2014, 22:34:38 UTC
The current price IS NOT $25 it is $0.25 you make the assumption that the user buys all the bids when papacrusher just came and bid once. So to him the cost is $0.25+$1.00=$1.25 for a $10 gift card.

And you keep the rest of the votes, so the real price being paid to YOU for this card is $25+

Quote
Regarding the timer... when did it reset after the reserve was met? I'm not sure what you are seeing because I have been looking everytime you post and the time is correct its counting down at the right time. I set it to expire at the end of the month when I last reset the auction (like 10-12 days ago), so it would be 24*12 hours at the beginning counting down to 0.

I didnt even look at the auction until you said it had passed reserve Sidhujag because I thought there was a news story in it so yes, The timer reset AFTER the auction hits reserve. WHERE did it say the auction would end at the end of the month? I wish I had taken a screenshot when it went to 0 because it seems you will not believe me without it.



Yes it may have been gone to 0 but the RESERVE WAS NOT MET message would have been shown on the closed auctions tab. I essentially enabled it again and then you passed the reserve. Again I ask you, when did it go to 0? Was this after reserve was met? If so there was a bug, if not then its fine.

Yes the site got $25 so Output > Input, whole point of business. Please read the business plan: http://www.devtome.com/doku.php?id=auction_business

Think of it this way.. when there are devcoin funded auctions... this is paid to YOU and not me since profits are given back to the community.. so if you hold coins or support devcoin this is positive for you.