Gigamining / Teramining - page 129. | Bitcointalksearch.org

BurtW

legendary

Activity: 2646

Merit: 1137

All paid signature campaigns should be banned.

Quote from: brendio on April 08, 2012, 09:35:24 PM

Quote from: Turbor on April 08, 2012, 09:11:56 AM

Hope to catch some. How will this work ? Highest bids first ? Looks like there are around 120 bids atm on GLBSE.

Giga, can you shed some light on this? I know there was talk update updating the functionality of GLBSE, but I'm not sure if it has been implemented. The previous behaviour would have bids fills starting at the highest price, and then for bids at the same price starting with oldest first.

Question for glbse. glbse?

brendio

hero member

Activity: 518

Merit: 500

Quote from: Turbor on April 08, 2012, 09:11:56 AM

Hope to catch some. How will this work ? Highest bids first ? Looks like there are around 120 bids atm on GLBSE.

Giga, can you shed some light on this? I know there was talk update updating the functionality of GLBSE, but I'm not sure if it has been implemented. The previous behaviour would have bids fills starting at the highest price, and then for bids at the same price starting with oldest first.

jamesg

vip

Activity: 1358

Merit: 1000

AKA: gigavps

Quote from: Turbor on April 08, 2012, 10:55:41 AM

Bid is placed Wink

I waited for such an opportunity. And a guy we can trust 100%.

Thanks for the vote of confidence.

Turbor

legendary

Activity: 1022

Merit: 1000

BitMinter

Quote from: jamesg on April 08, 2012, 09:28:54 AM

Quote from: Turbor on April 08, 2012, 09:11:56 AM

Hope to catch some. How will this work ? Highest bids first ? Looks like there are around 120 bids atm on GLBSE.

Hi Turbor,

I have specifically reserved 500 bonds for issue on Tuesday. It would be my recommendation to place a bid on GLBSE before Tuesday.

Best,
gigavps

Bid is placed Wink

I waited for such an opportunity. And a guy we can trust 100%.

jamesg

vip

Activity: 1358

Merit: 1000

AKA: gigavps

Quote from: Turbor on April 08, 2012, 09:11:56 AM

Hope to catch some. How will this work ? Highest bids first ? Looks like there are around 120 bids atm on GLBSE.

Hi Turbor,

I have specifically reserved 500 bonds for issue on Tuesday. It would be my recommendation to place a bid on GLBSE before Tuesday.

Best,
gigavps

Turbor

legendary

Activity: 1022

Merit: 1000

BitMinter

Hope to catch some. How will this work ? Highest bids first ? Looks like there are around 120 bids atm on GLBSE.

glbse

newbie

Activity: 27

Merit: 0

Just to confirm the above. This will be resolved in time for this issue to move forward as planned.

I would also add that we're pretty pleased to see this asset issue taking shape. Our policy reaction wasn't to this asset specifically at all, but it did highlight a potential problem for us that does need to be resolved.

Thank you for your patience and we'll get this worked out.

jamesg

vip

Activity: 1358

Merit: 1000

AKA: gigavps

As an update to working with GLBSE, I have spoken with ColdHardMetal on IRC regarding the issue and have expressed my desire to have this resolved as quickly as possible. I have offered suggestions on how to enable transfers and ColdHardMetal has agreed that this issue should be put to rest before Tuesday.

On a more positive note, 9500 bonds have been confirmed sold. 500 will remain to be released on Tuesday.

Thank you again to everyone for your interest. Things are just starting to heat up and there is more to come. Wink

jamesg

vip

Activity: 1358

Merit: 1000

AKA: gigavps

Quote from: glbse on April 08, 2012, 04:26:17 AM

If you'd like to provide some input on how this process should be handled going forward, please let us know here: https://bitcointalksearch.org/topic/glbse-ipo-handling-and-interaccount-transfers-discussion-thread-75890

Thanks.

To all purchasers:

I have sent a PM to glbse and Nefario to pay the normal .5% fee to get this straightened out. I agree with your comments and wish we could have handled this privately first, but we are where we are.

My top priority is to have this resolved before Tuesday. If that means working on this during Easter dinner, so be it.

glbse

newbie

Activity: 27

Merit: 0

If you'd like to provide some input on how this process should be handled going forward, please let us know here: https://bitcointalksearch.org/topic/glbse-ipo-handling-and-interaccount-transfers-discussion-thread-75890

Thanks.

mila

sr. member

Activity: 462

Merit: 250

but glbse has only 1 type of offering. help design new features and make them properly behave (in the specs) so they don't mislead ppl from real world. ; )

PatrickHarnett

hero member

Activity: 518

Merit: 500

Quote from: stochastic on April 08, 2012, 03:45:57 AM

Quote from: PatrickHarnett on April 08, 2012, 03:36:57 AM

Quote from: stochastic on April 08, 2012, 03:28:37 AM

Well, it is not really an IPO if it is not publicly available, but the TOS should have stated that to begin with. I am surprised the TOS says that an asset can only be bought and sold through the exchange. Of course, many companies do sell shares to people through their investor relations programs.

Initial Public Offering - There can be non-public offerings and many companies have these. Initial, secondary and pre-release (institutional book-building) can all take place before an initial listing on an exchange. Also "exchanges" are only sometimes used to directly sell from the initial shareholder. I can simply consider the previous IPOs I have purchased into, and none involved buying from an exchange on day one.

Maybe I'm being unreasonable, and my commercial experience here is different to a lot of others (I raised $20M through public offerings), but I really would like people to be more informed about how things work before making silly statements.

A non-public offering and secondary offerings are not called initial public offerings, those types of sales have different regulator requirements rather than private or secondary offerings. Anyway, I think shares should still be able to be traded off GLBSE and transfered. Maybe they should charge a transfer fee like most brokers if they are worried about getting their fee.

True.

stochastic

hero member

Activity: 532

Merit: 500

Quote from: PatrickHarnett on April 08, 2012, 03:36:57 AM

Quote from: stochastic on April 08, 2012, 03:28:37 AM

Well, it is not really an IPO if it is not publicly available, but the TOS should have stated that to begin with. I am surprised the TOS says that an asset can only be bought and sold through the exchange. Of course, many companies do sell shares to people through their investor relations programs.

Initial Public Offering - There can be non-public offerings and many companies have these. Initial, secondary and pre-release (institutional book-building) can all take place before an initial listing on an exchange. Also "exchanges" are only sometimes used to directly sell from the initial shareholder. I can simply consider the previous IPOs I have purchased into, and none involved buying from an exchange on day one.

Maybe I'm being unreasonable, and my commercial experience here is different to a lot of others (I raised $20M through public offerings), but I really would like people to be more informed about how things work before making silly statements.

A non-public offering and secondary offerings are not called initial public offerings, those types of sales have different regulator requirements rather than private or secondary offerings. Anyway, I think shares should still be able to be traded off GLBSE and transfered. Maybe they should charge a transfer fee like most brokers if they are worried about getting their fee.

PatrickHarnett

hero member

Activity: 518

Merit: 500

Quote from: stochastic on April 08, 2012, 03:28:37 AM

Well, it is not really an IPO if it is not publicly available, but the TOS should have stated that to begin with. I am surprised the TOS says that an asset can only be bought and sold through the exchange. Of course, many companies do sell shares to people through their investor relations programs.

Initial Public Offering - There can be non-public offerings and many companies have these. Initial, secondary and pre-release (institutional book-building) can all take place before an initial listing on an exchange. Also "exchanges" are only sometimes used to directly sell from the initial shareholder. I can simply consider the previous IPOs I have purchased into, and none involved buying from an exchange on day one.

Maybe I'm being unreasonable, and my commercial experience here is different to a lot of others (I raised $20M through public offerings), but I really would like people to be more informed about how things work before making silly statements.

copumpkin

donator

Activity: 266

Merit: 252

I'm actually a pineapple

Quote from: stochastic on April 08, 2012, 03:28:37 AM

Well, it is not really an IPO if it is not publicly available, but the TOS should have stated that to begin with. I am surprised the TOS says that an asset can only be bought and sold through the exchange. Of course, many companies do sell shares to people through their investor relations programs.

It's very Apple AppStore-ish

stochastic

hero member

Activity: 532

Merit: 500

Well, it is not really an IPO if it is not publicly available, but the TOS should have stated that to begin with. I am surprised the TOS says that an asset can only be bought and sold through the exchange. Of course, many companies do sell shares to people through their investor relations programs.

PatrickHarnett

hero member

Activity: 518

Merit: 500

As disclosure, I have subscribed for 500 bonds, and I am very annoyed at the heavy handed "regulator" approach apparently being shown by GLBSE. I have offered (elsewhere) to run a bond register to facilitate and track user trades for free if GLBSE continues their ridiculous posturing and choses not to register one of the largest and more respectable potential issues we have seen for some time.

jjjrmy

member

Activity: 221

Merit: 10

I plan on buying one

BurtW

legendary

Activity: 2646

Merit: 1137

All paid signature campaigns should be banned.

Quote from: aseldon on April 07, 2012, 11:57:31 PM

GLBSE just posted this topic: https://bitcointalksearch.org/topic/glbse-new-tos-and-share-transfer-services-suspended-75870 is that post in reaction to the pre sale today? If so do you have a backup plan for the pre sale shares?

As you can tell on that thread - I am totally pissed about them changing the rules mid-stream (again).

JL421

hero member

Activity: 812

Merit: 510

Quote from: jamesg on April 07, 2012, 08:01:11 PM

Quote from: ?? on ??

Well, these appear to have gone quickly. When's the next 10k issue? Tongue

Someone should make a page comparing the terms, costs, and returns of the various mining perpetuities out there right now (puremining, bitbond, and gigamining, and possibly others?)

As for another issue, we'll have to wait and see on that.

I would also wait until coupons are paid out to start comparisons. Wink

I'm working on updating my list...

Topic: Gigamining / Teramining - page 129. (Read 216450 times)