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Topic: [BTCT.CO] [IPO-cancelled] BTCGARDEN MINER---Eyes to the horizon - page 23. (Read 198202 times)

hero member
Activity: 770
Merit: 500
This seems pretty richly valued for an IPO after sucking up 32,000BTCs on btct.co in short order...then there's another 2,000,000 shares coming at higher prices? That's 6x the daily average on btct.co already poured into the garden in just over a day. I'm not seeing much room for further upside at this point, but good luck fellas.

The panic such comments could trigger  Grin

2 M additional shares may not come for several more months. Will only be issued after a milestone and at a higher price.

Edit: Trying to get some btc back to basic-mining  Grin ?

Interesting take. I think you give my words a bit too much weight if you believe a simple sentence from me has any chance of knocking this 32k company's share price down, but ty for stroking my ego. Smiley

I'm a cryptocurrency investor and have been for far longer than I've been managing any companies. Like many others I'm reviewing this company's potential and making my own decisions on if/when/and how much to invest.

Quote
2 M additional shares may not come for several more months.

That seems new. That's a wise decision by management IMO.

I can easily see price dropping 30% or even 50% after more such statements from long-time board members. Which can be kind of healthy?
sr. member
Activity: 434
Merit: 250
This seems pretty richly valued for an IPO after sucking up 32,000BTCs on btct.co in short order...then there's another 2,000,000 shares coming at higher prices? That's 6x the daily average on btct.co already poured into the garden in just over a day. I'm not seeing much room for further upside at this point, but good luck fellas.

The panic such comments could trigger  Grin

2 M additional shares may not come for several more months. Will only be issued after a milestone and at a higher price.

Edit: Trying to get some btc back to basic-mining  Grin ?

Interesting take. I think you give my words a bit too much weight if you believe a simple sentence from me has any chance of knocking this 32k company's share price down, but ty for stroking my ego. Smiley

I'm a cryptocurrency investor and have been for far longer than I've been managing any companies. Like many others I'm reviewing this company's potential and making my own decisions on if/when/and how much to invest.

Quote
2 M additional shares may not come for several more months.

That seems new. That's a wise decision by management IMO.
hero member
Activity: 770
Merit: 500
Panic has started. This will be a good test Smiley
member
Activity: 210
Merit: 10
This seems pretty richly valued for an IPO after sucking up 32,000BTCs on btct.co in short order...then there's another 2,000,000 shares coming at higher prices? That's 6x the daily average on btct.co already poured into the garden in just over a day. I'm not seeing much room for further upside at this point, but good luck fellas.

It's trading at IPO price now.
hero member
Activity: 770
Merit: 500
This seems pretty richly valued for an IPO after sucking up 32,000BTCs on btct.co in short order...then there's another 2,000,000 shares coming at higher prices? That's 6x the daily average on btct.co already poured into the garden in just over a day. I'm not seeing much room for further upside at this point, but good luck fellas.

The panic such comments could trigger  Grin

2 M additional shares may not come for several more months. Will only be issued after a milestone and at a higher price.

Edit: Trying to get some btc back to basic-mining  Grin ?
hero member
Activity: 1008
Merit: 537
This seems pretty richly valued for an IPO after sucking up 32,000BTCs on btct.co in short order...then there's another 2,000,000 shares coming at higher prices? That's 6x the daily average on btct.co already poured into the garden in just over a day. I'm not seeing much room for further upside at this point, but good luck fellas.

2mio shares coming is not the question. The question is when, why and at which price. Unlike Coinlab it seems to be a mid/long-term investment and this smooth and fluid IPO introduction makes me feel it will succeed.

EDIT:  I don't think there is much place for people who wants to double up in 1 day here. That sounds good to me.
sr. member
Activity: 434
Merit: 250
This seems pretty richly valued for an IPO after sucking up 32,000BTCs on btct.co in short order...then there's another 2,000,000 shares coming at higher prices? That's 6x the daily average on btct.co already poured into the garden in just over a day. I'm not seeing much room for further upside at this point, but good luck fellas.
member
Activity: 152
Merit: 10
Quote
"the rest of 2,000,000 shares will be issued with higher price as soon as the first 2,000,000 shares have been sold out"

I think this part of the prospectus is needed to be updated to reflect the latest decision of not releasing the second batch of shares until a significant milestone is achieved.
Grin
full member
Activity: 238
Merit: 100
Quote
"the rest of 2,000,000 shares will be issued with higher price as soon as the first 2,000,000 shares have been sold out"

I think this part of the prospectus is needed to be updated to reflect the latest decision of not releasing the second batch of shares until a significant milestone is achieved.
legendary
Activity: 1064
Merit: 1000
Bitcoin is too valuable to be used as a currency
we are gonna bank this bitch.

Translation: Us fine gentlemen are going to see a large return in our investment.

I was excited when I posted that. Roll Eyes
hero member
Activity: 960
Merit: 514
Are there any proof that this guy actually create the ASIC?

Also say I want to compare this with buying block eruptor. How much $/GHz I am talking about here.

Block eruptor is 40 Bitcoins/10 Ghz right. What's this?
full member
Activity: 224
Merit: 100
Thankx so much for the translation although in my side its more or less inaccurate. Smiley

Here re lines about the 2ed-batch.

1. Please notice that: All of you 1st batch of shareholders ,without whom neither this IPO nor our big project would be possible , are our most precious capital. We are  in the same boat and we promise to do our best to line your pockets.

2. Please notice that the 2ed batch of BTCGARDEN will

    *be impossible to issue before we reach a significant milestone in the development of our project.
 
    *a portion of 2nd batch shares will be used for "protecting the interests" of our shareholders,which means that there is a possibility that we will not issue all of the 2nd batch of 2,000,000 shares in future. I cannot expand this at the moment but I d like to say this could be a very good deal/offer to all our shareholders.

    *Certainly , the price of 2ed will be higher than the 1st.


Update :

We have received our sample-PCB and it is being tested in every aspect. Everything s running well so far. ( Mass production of PCBs will start later and can be finished within one week in Shenzhen)
We also dealed with an acquaintances packaging factory to shorten the Package period from 10days to 3days. I.E. we will get our chips in hand only 3-4 days later after out of  Fab.
We will hold a meeting next weekend in Beijing to discuz our future plans incl.: 2nd gen chips, deployment plans for 1st gen chips, application of analog circuit  in our project , a lot of experts both on R and D have been invited.


Great.
I guess this is the reason why the rest 600,000+ shares of 1st batch have been sold out in a few hours.
Why not have this update posted in other places, like Chinese board , Btcman bbs , Weibo and so on?

BTW
Quote
a lot of experts both on R and D have been invited

What do R and D mean ?
Research and development.
newbie
Activity: 25
Merit: 0
Can anybody join the meeting in Beijing? I would like to join ^^
hero member
Activity: 1008
Merit: 537
(S) 80 @ 0.01630000 BTCGARDEN

rofl, he won 2 bucks. good job  Grin Grin Grin Grin Grin
newbie
Activity: 16
Merit: 0
Thankx so much for the translation although in my side its more or less inaccurate. Smiley

Here re lines about the 2ed-batch.

1. Please notice that: All of you 1st batch of shareholders ,without whom neither this IPO nor our big project would be possible , are our most precious capital. We are  in the same boat and we promise to do our best to line your pockets.

2. Please notice that the 2ed batch of BTCGARDEN will

    *be impossible to issue before we reach a significant milestone in the development of our project.
 
    *a portion of 2nd batch shares will be used for "protecting the interests" of our shareholders,which means that there is a possibility that we will not issue all of the 2nd batch of 2,000,000 shares in future. I cannot expand this at the moment but I d like to say this could be a very good deal/offer to all our shareholders.

    *Certainly , the price of 2ed will be higher than the 1st.


Update :

We have received our sample-PCB and it is being tested in every aspect. Everything s running well so far. ( Mass production of PCBs will start later and can be finished within one week in Shenzhen)
We also dealed with an acquaintances packaging factory to shorten the Package period from 10days to 3days. I.E. we will get our chips in hand only 3-4 days later after out of  Fab.
We will hold a meeting next weekend in Beijing to discuz our future plans incl.: 2nd gen chips, deployment plans for 1st gen chips, application of analog circuit  in our project , a lot of experts both on R and D have been invited.


Great.
I guess this is the reason why the rest 600,000+ shares of 1st batch have been sold out in a few hours.
Why not have this update posted in other places, like Chinese board , Btcman bbs , Weibo and so on?

BTW
Quote
a lot of experts both on R and D have been invited

What do R and D mean ?
hero member
Activity: 1008
Merit: 537
of course, these are Asians we are dealing with, Asian speed and commitment you know Wink

All is here.
sr. member
Activity: 275
Merit: 250
we are gonna bank this bitch.

Translation: Us fine gentlemen are going to see a large return in our investment.

*chuckles*

Smiley
sr. member
Activity: 275
Merit: 250
you guys holding or what?

of course, these are Asians we are dealing with, Asian speed and commitment you know Wink
full member
Activity: 182
Merit: 100
we are gonna bank this bitch.

Translation: Us fine gentlemen are going to see a large return in our investment.
legendary
Activity: 1064
Merit: 1000
Bitcoin is too valuable to be used as a currency
we are gonna bank this bitch.
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