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[Auction] Hidden Valley Auction 55: Bulk commodities, part 2 - ends tonight! (Friday July 29)

TheGrimReefer

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Its ok Grimiz, im not argueing to get the item, you can have it. You will have to forgive me Im a little slow IRL too so little more when reading things. Im just trying to understand thats all. I was thinking if a bid came in at 8:54 that would enable the 10minute rule AFTER auction has ended. Not from the bid time as the auction is still Active.
 

BrianFreud

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@panoramix2009, thanks; accidentally merged you two. Fixed now :)

@panoramix2009
X10. 320 uses of Shadow Dancer Black (Pigments Of Tokuno) [hue 1109]
Total: 21m

@TheGrimReefer
X34. 252 charges of Ash Runic Dovetail Saw
X35. 490 charges of Ash Runic Fletcher's Tools
X43. 300 charges of Horned Runic Sewing Kit
X71. Commodity Lot: Scribe 2
Total: 67m

@TheGrimReefer, I'm not playing favorites. :p The 10-minute rule does not mean "the lot stays open 10 minutes past the end of the auction". It means that starting from 10 minutes before the end of an auction, any bids start a clock on that particular lot. If the last bid were:
8:50 -> last valid timestamp to bid would be 9:00
8:51 -> last valid timestamp to bid would be 9:01
8:52 -> last valid timestamp to bid would be 9:02
8:53 -> last valid timestamp to bid would be 9:03
8:54 -> last valid timestamp to bid would be 9:04
8:55 -> last valid timestamp to bid would be 9:05
8:56 -> last valid timestamp to bid would be 9:06
8:57 -> last valid timestamp to bid would be 9:07
8:58 -> last valid timestamp to bid would be 9:08
8:59 -> last valid timestamp to bid would be 9:09
9:00 -> last valid timestamp to bid would be 9:10
9:01 -> Unless the item's in 10-minute rule, auction's over. :p

So for lot x74, we had:
8:48 pm - CronusVI 120m
8:54 pm - grimiz 125m
9:07 pm - TheGrimReefer 135m

If grimiz had not bid, then there would have been no bids between 8:50 and 9:00, and lot x74 would not have been covered by the 10-minute rule. Grimiz bid at 8:54 meant that the rule did apply, and that the last valid timestamp was 9:04. Yours was at 9:07, which made it 3 minutes too late. Let's assume for a moment, though, that you'd bid at 9:02 instead. That's before 9:04, so it would have been valid. Now your bid would have restarted the clock. The new 'last valid timestamp' would now have been 9:12. If grimiz had then countered at 9:09, then the 'last valid timestamp' would move to 9:19, and so on, until a full 10- minute period passed without any new bids to keep moving the 'last valid timestamp' point back.
 
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