[IPVO] [Multiple Exchanges] Neo & Bee - LMB Holdings - page 193.

klee

legendary

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Quote from: bjack0815 on September 16, 2013, 10:01:25 AM

How can I keep the overview of the total number of shares bought when you can buy shares on the three exchanges?
So it might be challenging to know when the total amount of shares of the IPVO is reached?

3 tabs opened and F5 periodically Undecided

ThickAsThieves

hero member

Activity: 518

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Quote from: bjack0815 on September 16, 2013, 10:01:25 AM

How can I keep the overview of the total number of shares bought when you can buy shares on the three exchanges?
So it might be challenging to know when the total amount of shares of the IPVO is reached?

Assuming you need to do this at all, you'd need to have each page open on each exchange in your browser. Havelock & BitFunder have mostly live books, and BTCT requires refreshing.

Generally you'll know when it is sold out because there will be no more Ask walls at .003.

bjack0815

full member

Activity: 162

Merit: 100

How can I keep the overview of the total number of shares bought when you can buy shares on the three exchanges?
So it might be challenging to know when the total amount of shares of the IPVO is reached?

Will there be a frequent overview here to see the total amount of shares sold?

ThickAsThieves

hero member

Activity: 518

Merit: 500

Quote from: klee on September 16, 2013, 09:50:37 AM

Quote from: ThickAsThieves on September 16, 2013, 09:21:19 AM

Quote from: klee on September 16, 2013, 08:21:52 AM

So what will happen if in btct order book bids get more than the shares? Would higher bids allowed? Or they will end up in a formula in the way they did with the Labcoin IPO?

This is crucial and I would like Burnside to answer asap if possible!

Also what will be the policy in other exchanges? Usually in Havelock the IPO's do not allow pre-biding (and that can result to bringing the site down, having to be fast & lucky enough in order to buy etc.). I bet the pre-IVPO will end in minutes (only 1250BTC of shares).

In the case of oversubscription, shares will be sold proportionally according to total bid amounts, in bitcoins, on each exchange at the start of the IPVO.

For example: If there are 20000btc on BTCT, 10000btc on Havelock, and 5000btc on Bitfunder, each exchange would be sold approximately 57.1%, 28.6%, 14.3%, respectively.

This cannot be exact due to bids changing at any moment, but we'll do our best to keep it fair (proportional) in such a case.

Please do not confuse this with a Dutch style auction (like Labcoin). The price per share would not change in this case, other than if bidders choose to raise their own bids.

So does that mean that if for example all shares are pre-bided in an exchange, then a higher bid (eg 0.0030001) would by pass the FIFO?

Correct, this is essentially how all the orderbooks work by default.

klee

legendary

Activity: 1498

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Quote from: ThickAsThieves on September 16, 2013, 09:21:19 AM

Quote from: klee on September 16, 2013, 08:21:52 AM

So what will happen if in btct order book bids get more than the shares? Would higher bids allowed? Or they will end up in a formula in the way they did with the Labcoin IPO?

This is crucial and I would like Burnside to answer asap if possible!

Also what will be the policy in other exchanges? Usually in Havelock the IPO's do not allow pre-biding (and that can result to bringing the site down, having to be fast & lucky enough in order to buy etc.). I bet the pre-IVPO will end in minutes (only 1250BTC of shares).

In the case of oversubscription, shares will be sold proportionally according to total bid amounts, in bitcoins, on each exchange at the start of the IPVO.

For example: If there are 20000btc on BTCT, 10000btc on Havelock, and 5000btc on Bitfunder, each exchange would be sold approximately 57.1%, 28.6%, 14.3%, respectively.

This cannot be exact due to bids changing at any moment, but we'll do our best to keep it fair (proportional) in such a case.

Please do not confuse this with a Dutch style auction (like Labcoin). The price per share would not change in this case, other than if bidders choose to raise their own bids.

So does that mean that if for example all shares are pre-bided in an exchange, then a higher bid (eg 0.0030001) would by pass the FIFO?

richard_dein

member

Activity: 63

Merit: 10

Just an opinion.

Bank of Cyprus had a market cap of only two magnitudes above the IPVO price, while having a large market share and dipping into a much larger range of businesses.

The opportunity is the mistrust of the Cypriots against their current banking system, but Bitcoin would sound equally shady to a lot of them. Mass adoption of Bitcoin could also expose Cyprus to external manipulation, so there is a risk that the grand plan would backfire. Moreover, remember Cyprus is a small country with ~1 million people, who are current having trouble spending money - expect much less consumer activity than your "usual" developed country, and note that a large part of this business revolve around consumer services.

Neo & Bee will at best grow just like an average start-up of its kind, probably even slower in its valuation in terms of Bitcoins. Nonetheless this can be seen as a worthwhile venture. If you believe in this startup, you should look away from the Bitcoin share price and focus on how it strengthens the Bitcoin economy. Basically, see it as a donation to help the rest of your Bitcoins rise. Good luck.

ThickAsThieves

hero member

Activity: 518

Merit: 500

Quote from: Rannasha on September 16, 2013, 09:36:37 AM

Quote from: ThickAsThieves on September 16, 2013, 09:21:19 AM

Quote from: klee on September 16, 2013, 08:21:52 AM

So what will happen if in btct order book bids get more than the shares? Would higher bids allowed? Or they will end up in a formula in the way they did with the Labcoin IPO?

This is crucial and I would like Burnside to answer asap if possible!

Also what will be the policy in other exchanges? Usually in Havelock the IPO's do not allow pre-biding (and that can result to bringing the site down, having to be fast & lucky enough in order to buy etc.). I bet the pre-IVPO will end in minutes (only 1250BTC of shares).

In the case of oversubscription, shares will be sold proportionally according to total bid amounts, in bitcoins, on each exchange at the start of the IPVO.

For example: If there are 20000btc on BTCT, 10000btc on Havelock, and 5000btc on Bitfunder, each exchange would be sold approximately 57.1%, 28.6%, 14.3%, respectively.

This cannot be exact due to bids changing at any moment, but we'll do our best to keep it fair (proportional) in such a case.

Please do not confuse this with a Dutch style auction (like Labcoin). The price per share would not change in this case, other than if bidders choose to raise their own bids.

I don't have much experience with Bitfunder and Havelock, but can I assume that your post implies that it will be possible to place bids prior to the IPVO on all 3 exchanges? Bids that are then filled up by the big IPVO-sell-order. klee mentioned that Havelock IP(V)Os typically don't have pre-bidding, which would make it impossible to determine a proper share-division-ratio for the three exchanges.

This is the intention, yes. I know it is possible with Havelock and I am working on it with them already. I am still waiting to hear back from Ukyo about allowing it on BitFunder, but I'm certain it's possible there. Just a matter of time most likely.

Rannasha

hero member

Activity: 728

Merit: 500

Quote from: ThickAsThieves on September 16, 2013, 09:21:19 AM

Quote from: klee on September 16, 2013, 08:21:52 AM

So what will happen if in btct order book bids get more than the shares? Would higher bids allowed? Or they will end up in a formula in the way they did with the Labcoin IPO?

This is crucial and I would like Burnside to answer asap if possible!

Also what will be the policy in other exchanges? Usually in Havelock the IPO's do not allow pre-biding (and that can result to bringing the site down, having to be fast & lucky enough in order to buy etc.). I bet the pre-IVPO will end in minutes (only 1250BTC of shares).

In the case of oversubscription, shares will be sold proportionally according to total bid amounts, in bitcoins, on each exchange at the start of the IPVO.

For example: If there are 20000btc on BTCT, 10000btc on Havelock, and 5000btc on Bitfunder, each exchange would be sold approximately 57.1%, 28.6%, 14.3%, respectively.

This cannot be exact due to bids changing at any moment, but we'll do our best to keep it fair (proportional) in such a case.

Please do not confuse this with a Dutch style auction (like Labcoin). The price per share would not change in this case, other than if bidders choose to raise their own bids.

I don't have much experience with Bitfunder and Havelock, but can I assume that your post implies that it will be possible to place bids prior to the IPVO on all 3 exchanges? Bids that are then filled up by the big IPVO-sell-order. klee mentioned that Havelock IP(V)Os typically don't have pre-bidding, which would make it impossible to determine a proper share-division-ratio for the three exchanges.

Hardman

newbie

Activity: 12

Merit: 0

A very interesting IPVO - I'm looking forward to it. Good luck.

Hardman

ThickAsThieves

hero member

Activity: 518

Merit: 500

Quote from: klee on September 16, 2013, 08:21:52 AM

So what will happen if in btct order book bids get more than the shares? Would higher bids allowed? Or they will end up in a formula in the way they did with the Labcoin IPO?

This is crucial and I would like Burnside to answer asap if possible!

Also what will be the policy in other exchanges? Usually in Havelock the IPO's do not allow pre-biding (and that can result to bringing the site down, having to be fast & lucky enough in order to buy etc.). I bet the pre-IVPO will end in minutes (only 1250BTC of shares).

In the case of oversubscription, shares will be sold proportionally according to total bid amounts, in bitcoins, on each exchange at the start of the IPVO.

For example: If there are 20000btc on BTCT, 10000btc on Havelock, and 5000btc on Bitfunder, each exchange would be sold approximately 57.1%, 28.6%, 14.3%, respectively.

This cannot be exact due to bids changing at any moment, but we'll do our best to keep it fair (proportional) in such a case.

Please do not confuse this with a Dutch style auction (like Labcoin). The price per share would not change in this case, other than if bidders choose to raise their own bids.

NOTE: We will only consider bids at/above the list price when evaluating total bids on each exchange. i.e. You couldn't, for example, sling up a huge bid at below official price to ensure maximum allocation to the exchange of your preference to ensure your "real" orders got filled).

klee

legendary

Activity: 1498

Merit: 1000

So what will happen if in btct order book bids get more than the shares? Would higher bids allowed? Or they will end up in a formula in the way they did with the Labcoin IPO?

This is crucial and I would like Burnside to answer asap if possible!

Also what will be the policy in other exchanges? Usually in Havelock the IPO's do not allow pre-biding (and that can result to bringing the site down, having to be fast & lucky enough in order to buy etc.). I bet the pre-IVPO will end in minutes (only 1250BTC of shares).

btceic

sr. member

Activity: 392

Merit: 250

♫ A wave came crashing like a fist to the jaw ♫

Quote from: klee on September 16, 2013, 05:37:05 AM

Quote from: btceic on September 16, 2013, 05:35:23 AM

Maybe I missed it, but how do I invest in the xbonds?

I think first thing is to buy them from Havelock - though the rest I am not sure...

Thanks Klee!

klee

legendary

Activity: 1498

Merit: 1000

Quote from: btceic on September 16, 2013, 05:35:23 AM

Maybe I missed it, but how do I invest in the xbonds?

I think first thing is to buy them from Havelock - though the rest I am not sure...

btceic

sr. member

Activity: 392

Merit: 250

♫ A wave came crashing like a fist to the jaw ♫

Maybe I missed it, but how do I invest in the xbonds?

klee

legendary

Activity: 1498

Merit: 1000

Quote from: cryptocyprus on September 16, 2013, 02:58:51 AM

Quote from: kripto on September 16, 2013, 02:46:04 AM

Hi,

I must say your endeavour seems very bold and if sincere worth fighting for.

Politicians around the world are practically always serfs of the banking elite which does not like competition to say the least. Why do you think Cypriot political cast is willing to talk to you? Do you anticipate any repercussions from banksters/politicians in case of a success with Cypriot populous?

Btw, is it already ok to place buy orders for TAT.NEOBEE at BTCT as it is absolutely possible or should we wait for official IPVO on Friday?

Thanks and best regards

We have already established these contacts, they are willing to talk to us because we have been recommended to them by influential individuals. The "banksters" have destroyed their credibility with the populous here already and the recent appointments to the Bank of Cyprus board were not well received either, by the time we start making a dent in their businesses, for them to notice we will already be a huge success, we would have proven to be a solid alternative to the existing banks.

You can place early orders, I do believe the assets are being publicly listed on the other two exchanges today, to allow for early bids to be placed. The first orders will get filled first once the shares are released.

You can place your bids @ BTCT...

cryptocyprus

sr. member

Activity: 686

Merit: 250

Quote from: kripto on September 16, 2013, 02:46:04 AM

Hi,

I must say your endeavour seems very bold and if sincere worth fighting for.

Politicians around the world are practically always serfs of the banking elite which does not like competition to say the least. Why do you think Cypriot political cast is willing to talk to you? Do you anticipate any repercussions from banksters/politicians in case of a success with Cypriot populous?

Btw, is it already ok to place buy orders for TAT.NEOBEE at BTCT as it is absolutely possible or should we wait for official IPVO on Friday?

Thanks and best regards

We have already established these contacts, they are willing to talk to us because we have been recommended to them by influential individuals. The "banksters" have destroyed their credibility with the populous here already and the recent appointments to the Bank of Cyprus board were not well received either, by the time we start making a dent in their businesses, for them to notice we will already be a huge success, we would have proven to be a solid alternative to the existing banks.

You can place early orders, I do believe the assets are being publicly listed on the other two exchanges today, to allow for early bids to be placed. The first orders will get filled first once the shares are released.

kripto

member

Activity: 70

Merit: 10

Hi,

I must say your endeavour seems very bold and if sincere worth fighting for.

Politicians around the world are practically always serfs of the banking elite which does not like competition to say the least. Why do you think Cypriot political cast is willing to talk to you? Do you anticipate any repercussions from banksters/politicians in case of a success with Cypriot populous?

Btw, is it already ok to place buy orders for TAT.NEOBEE at BTCT as it is absolutely possible or should we wait for official IPVO on Friday?

Thanks and best regards

N_S

full member

Activity: 238

Merit: 100

I'm not in any way affiliated with Neo&Bee. I did get involved during the private round, but I suppose I was loosely using the term. Usually you'll be accused as such if you're overly positive regarding any of these securities.

cryptocyprus

sr. member

Activity: 686

Merit: 250

Quote from: ThickAsThieves on September 15, 2013, 04:09:28 PM

Quote from: N_S on September 15, 2013, 03:23:17 PM

This will end my sockpuppeting, but I'm most confident and optimistic about N&B out of all my current investments.

Who are you really then?

(I ask because you use the term sockpuppet, and I want people to be clear that I do not involve myself in sock-puppeting, nor does cryptocyprus).

It is certainly not me. I have PM'd N_S to see if he was one of the early investors on the private round that sold out.

ThickAsThieves

hero member

Activity: 518

Merit: 500

Quote from: N_S on September 15, 2013, 03:23:17 PM

This will end my sockpuppeting, but I'm most confident and optimistic about N&B out of all my current investments.

Who are you really then?

(I ask because you use the term sockpuppet, and I want people to be clear that I do not involve myself in sock-puppeting, nor does cryptocyprus).

Topic: [IPVO] [Multiple Exchanges] Neo & Bee - LMB Holdings - page 193. (Read 658701 times)