[2008-02-26|12:00 | CET] coins - reverse auction

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Guest

[2008-02-26|12:00 | CET] coins - reverse auction

Post by Guest » Sun Feb 24, 2008 2:49 pm

Looking to buy 20 coins. Send best offers until closing time.

Do NOT offer here. Offer in coins thread
http://kr.forenserver.de1.cc/viewtopic.php?t=499

Please note: I guarantee to buy if the best offer is a reasonable offer.

Guest

Post by Guest » Sun Feb 24, 2008 3:40 pm

Hello.

I know that a starting bid usually is optional, but I think in reverse auctions it should be obligatory. Just mentioning that you will buy for a reasonable price is not enough here. If the only bid is 100 million per coin, you would have to buy. So please set a maximum price that you are willing to pay.

It´s not needed for normal auctions, because the min is always .01 (smallest possible value higher than 0). But in reverse auctions the starting bid can be an infinite number. I will think about an adjustment of the rules in that point.

Also the bids should always be published in the actions forum. See point 5 in the hints to the General Auction Rules.

Therefore I will close this auction and ask you to start a new one, please.

Regards.

Elwood

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