Bitcoin Institute

Bitcoin Auction: 10,000.00 BTC --- Starting Bid 50.00 USD

Figures: SmokeTooMuch
SmokeTooMuch March 30, 2010 00:18 UTC

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 😁