SmokeTooMuch



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LegendaryActivity: 875Merit: 1014 [OLD] Bitcoin Auction: 10,000.00 BTC --- Starting Bid 50.00 USD March 30, 2010, 12:18:53 AM

Last edit: February 24, 2012, 01:59:06 PM by SmokeTooMuch Merited by vit05 (2), Raja_MBZ (1), ensign_lee (1) #1 OLD THREAD IS OLD!



Hi,



I want to make a little experiment here:



I want to auction 10,000 BTC off, starting bid is 50 USD.

(10k BTC are currently worth ~65.50 USD)



The auction will run for seven days.

It will finish @ 6th April 3.00am German Time (usually UTC +1h, +2h at the moment).

(for the correct time look here: http://www.weltzeituhr.com/laender/039_e.shtml



To make a bid you have to post in this thread here and say how much you bid.

Only condition: every bid has to be at least 1 USD higher than the previous one.



After the auction is over, I will pm the highest bidder and will send him 5000 BTC, then I will wait until the bidder has transfered his money to my paypal account and will then send the other 5000 BTC. This is necessary to protect me from false/joke bidders.







Enough said,



Good luck 2009-12-10 | I'm using GPG, Date Registered:| I'm using GPG, pm me for my public key. | Bitcoin on Reddit: https://www.reddit.com/r/btc

SmokeTooMuch



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LegendaryActivity: 875Merit: 1014 Re: Bitcoin Auction: 10,000.00 BTC --- Starting Bid 50.00 USD April 01, 2010, 11:23:37 PM #4 You're right but most of you live outside Germany or even outside the EU so the money transfer via mail is expensive and takes much much longer than a paypal tranfser. Additonally I don't think that there is actually a need of being anonymous at this auction.

Everything is pseudonymous here and so is paypal (in a certain manner).





But I see the problem in a lack of interest in receiving BTC, not in how the people have to pay them.



Maybe I will start an "opposite auction" (aution USD/EURO off and people can bid BTC) next week, we'll see. 2009-12-10 | I'm using GPG, Date Registered:| I'm using GPG, pm me for my public key. | Bitcoin on Reddit: https://www.reddit.com/r/btc

rlh



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Hero MemberActivity: 789Merit: 1001 Re: Bitcoin Auction: 10,000.00 BTC --- Starting Bid 50.00 USD June 19, 2011, 02:19:46 AM #11 This is unbelievable. I wonder if the OP ever sold his BTC. Hopefully he got a fair price. A Personal Quote on BTT from 2011:

"I'd be willing to make a moderate "investment" if the value of the BTC went below $2.00. Otherwise I'll just have to live with my 5 BTC and be happy. :/" ...sigh. If only I knew.

Garr255



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What's a GPU?







LegendaryActivity: 938Merit: 1000What's a GPU? Re: [OLD] Bitcoin Auction: 10,000.00 BTC --- Starting Bid 50.00 USD March 05, 2012, 07:08:14 AM #18



Great story I know Haha, If only I had even known about bitcoin back then. Actually the only reason I found out about this was by randomly going to the web site c.ccGreat story I know First they ignore you, then they laugh at you, then they fight you, then you win. -- Mahatma Gandhi



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