annnd looks like we're back

I'll be so grateful when Nitro goes back up!

A potential bidder PM'd me and asked me if I was the same handle as the one on #bitcoin-otc, so I logged on there and authenticated myself with gribble.  What are you on about?

Unfortunately, since the terms of the auction were:


Your bid could not be accepted.

The winning bidder is:


What a bargain, watch what a little trust will get you!  Sending PM now.

I got a few PMs about time extension.  There will be no time extensions do to last minute bids.  The auction ends at 9:30 PM UTC/Forum time with the highest bid at that time, so have your bids in before that!

I forgot to mention that I'm also a rated trader on #bitcoin-otc using the same handle as here.  I can be found there, authenticated, and you can use gribble to check my feedback and WoT.

A little over 1 hour left! 

Hey folks, I hate to have to sell at an obvious bottom, but I'm kind of forced to -- so I'm auctioning off my lot of 10 direct AM shares:

https://bitcointalk.org/index.php?topic=663313.0

There's less than 12 hours left on the auction.  Thanks

With a tad over 12 hours remaining in the auction, the high bidder currently is:

• Quote from: dhenson on June 24, 2014, 03:50:27 AM
  10@ .14
  

The runner-up bids were:

• Quote from: kleinessteak on June 23, 2014, 11:25:22 PM
  10@0.12
  
• Quote from: buck19 on June 23, 2014, 11:21:36 PM
  10@0.11 btc per share
  
• Quote from: spartan82 on June 23, 2014, 10:52:28 PM
  10@0.1
  
• Quote from: CanaryInTheMine on June 23, 2014, 10:50:03 PM
  10@.06000001
  
• Quote from: Blazedout419 on June 23, 2014, 10:10:03 PM
  10@.05BTC
  

Please read the entire thread before bidding if you haven't, this section of the forum doesn't allow OP edits (for good reason), so more details (escrow, etc.) are found within the thread.  If you need to contact me or would like to verify my identity, I use the same handle on AIM, Facebook, eBay.. you name it.  Thanks and happy bidding!

Thanks for that, hopefully he has the time to respond soon.

WillBTC has backed out due to the terms of the escrow, I'm glad I clarified my statement to make sure everyone understands (Thanks, SebastianJu).  Unfortunately I'm unable to edit the OP with the escrow details.

Due to Will's canceled bid, we'll resume the bidding at:

As I mentioned a few times earlier in the thread, I need funds pretty badly right now.  I was planning to keep this investment more long term (I've had it for over a year already), but this monetary issue is forcing me to sell.

Friedcat has been taking longer than normal to transfer shares (probably because of lack of dividends currently), so I can't have the coins locked up for an unknown amount of time when the reason for my auction is requirement of funds. 

Guys, if you really think I'm here to scam, I understand your hesitation to bid -- feel free not to.  Not really sure why I'd burn my forum account and a handle I've used on the internet since 1999 (yes it's connected to basically everything I use, real life things like FB, etc), for a little over grand, but hey this is bitcoin and I know how ripe the landscape is for scam  (After all I was a Labcoin investor, an Avalon Batch 3 purchaser, and a TORWallet user  )

You want my phone number?  You want to skype?  You want my passport?  What would be satisfactory...? because I'm willing to do it.

That's not the way the escrow is running on this auction.  If you do not agree please invalidate you bid and we can continue without you.  The winning bidder agrees that the coins will be released upon me sending the share transfer e-mail to the escrow and friedcat.

Thanks

I received a private messaging asking whether I meant if the coins will be sent upon receipt of me sending the share transfer message, or upon friedcat's response.

Like previously discussed, the escrow will be released when I send the share transfer message to friedcat, SebastianJu (escrow), and the winner.

Thanks!

Just to be 100% clear, the coins from the escrow will be released upon receipt of share transfer e-mail.  Once again if you do not agree, please stay on the sidelines, that's all I ask.

Let's resume the bidding at:


Since, I am offering escrow, it seems willBTC would like to keep his bid.

SebastianJu replied that he can foster the escrow, even though it's outside of his normal method.  He states the buyer still may retain some risk due to the fact that I could send a second e-mail to friedcat attempting to cancel the share transfer.

Here are the conditions of the escrow for this auction:

After the auction:

• Winning bidder sends coins to escrow SebastianJu upon verified auction win.

Then, upon receipt of the coins by the escrow, SebastianJu:

• Seller (me) sends a signed e-mail requesting share transfer to friedcat, the auction winner, and the escrow (SebastianJu).

If you can't agree with these terms, please do not bid.

It's not ridiculous when you think about it.  I'm selling a long-term investment because I need emergency funds now (I wasn't planning on selling these for a good while).  I need the coins now and the AM auction bidder is looking for a longer-term investment in direct AM shares.  Why would I lock the coins up for an undecided amount of time, when I need them?  The shares are meant to be a longer-term investment, so it's not too much of a worry if friedcat doesn't transfer then right away, you would still be getting the dividends in the meantime sent over anyway.

Also, lophie just assumed the seller would pay for an escrow service... that he wants to use?  How would that ever make sense?    I only invalidated his bid because he made the bid with stipulations that aren't applicable to this auction.

WillBTC, I see you have negative feedback regarding direct AM share auctions.  Please do not bid unless you are making a 100% commitment to purchase if you are the winner.


I am up for using an escrow based on e-mail to friedcat being the action that releases the escrow funds, like mentioned earlier in this thread.  I will see if SebastianJu will foster this type of escrow, since I blatantly stole his auction template. 

I would definitely be up for this type, thanks very much for the suggestion.  I quickly thought of something along these lines but didn't think people would be interested.

Fine, your bid is invalid.  You bid outside of the rules (bidding with clauses  ). 

Let's resume the bidding at: