Bidding Pond was Bitcoin's first site dedicated to offering best bid and fixed price auctions for the Bitcoin economy. The site was active from July 2010 and during 2011.
The items were offered in following categories:
- Art & Antiques
- Clothing & Accessories
- Coins & Stamps
- Comics, Cards & Science Fiction
- Computers & Software
- Electronics & Photography
- Home & Garden
- Movies & Video
- Office & Business
- Other Goods & Services
- Sports & Recreation
- Toys & Games
As an example on September 4th, 2010 an item "Windows 7 Ultimate" was sold for 999.00 BTC (with a shipping fee 399.00 BTC) to one bidder on this site.
Payment methods for an auction listing on BiddingPond included BTC, and may have included non-bitcoin methods as well, such as PayPal and cash.
A seller could list an auction at no charge. BiddingPond had optional services, such as the Buy Now and Highlighted Listing features which did incur fees.
New accounts reportedly received a credit balance, enough so that an auction or two using the optional services could be made at no cost.
There were few restrictions compared to other online auction services such as eBay.
The site was first announced on July 23rd, 2010.
The service got a new look and a significant amount of new features beginning March 25th, 2011.
The Bidding Pond's website www.biddingpond.com is not accessible online anymore. The archive.org shows the content was last captured on March 27th, 2014 and the site contained the information: "BiddingPond.com is Returning January 2012!" at that time. It never came back though.