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RE: VIVA ICO Live Auction : Round 1 Batch 2 : Bid Here!

in #vivacoin8 years ago

OK, so if this bidder wants only one VIVA Crown, he pays $500, but if he wants 10, he pays $5000. If he does not purchase all 90, the next bidder may pay only $100 per VIVA Crown, if they are the next highest bidder. Additionally, if some are remaining, the next bidder may still pay only $66. (Of course, this is assuming these are the only bidders - for simplicity). I understand. I really like he way this is being offered.

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Yes and I'm about to update the rules here to specify that you can do fill in bids, so long as your bid is at least $1 higher than your previous bid. The point of this is to find the correct price the market will support.