[LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining) - page 226.

BitCsByBit

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Quote from: Puppet on September 23, 2013, 07:46:18 AM

Quote from: MaxSan on September 23, 2013, 07:44:11 AM

Thats rich from someone named puppet, we dont even know who you are online....

If you trusted me with a few million dollars in irreversible and pseudonymous currency, then that fact should worry you a little bit indeed.
But you didnt.

Can you please stop trolling!

Puppet

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Quote from: MaxSan on September 23, 2013, 07:44:11 AM

Thats rich from someone named puppet, we dont even know who you are online....

If you trusted me with a few million dollars in irreversible and pseudonymous currency, then that fact should worry you a little bit indeed.
But you didnt.

MaxSan

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Quote from: Puppet on September 23, 2013, 07:43:21 AM

Quote from: dexX7 on September 23, 2013, 07:40:28 AM

Quote from: Puppet on September 23, 2013, 07:39:23 AM

Are you saying he doesnt control the IPO bitcoins?

He didn't. It's "labcoin" who has control over their BTCT account.

Ok fine, but do I get this right that we dont know who theswede is IRL and that theswede may well not know for sure who labcoin is IRL ? And no one else knows who labcoin is?

Thats rich from someone named puppet, we dont even know who you are online....

Puppet

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Quote from: dexX7 on September 23, 2013, 07:40:28 AM

Quote from: Puppet on September 23, 2013, 07:39:23 AM

Are you saying he doesnt control the IPO bitcoins?

He didn't. It's "labcoin" who has control over their BTCT account.

Ok fine, but do I get this right that we dont know who theswede is IRL and that theswede may well not know for sure who labcoin is IRL ? And no one else knows who labcoin is?

BitCsByBit

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Quote from: AngelSky on September 23, 2013, 07:38:53 AM

Quote from: BitCsByBit on September 23, 2013, 07:35:12 AM

Direct Shares will be just an interim solution until they manage to list the asset on an another exchange.
No Labcoin shareholders will lose any shares!

If it is an interim solution, then yes, why not. But at the moment, we'll have to wait for something more precise than:

Quote from: labcoin on September 23, 2013, 07:17:18 AM

We will also evaluate listing again on another exchange.

Of course they will evaluate. There is more than 1 exchange out there they and all of them have different rules.

Ukyo already posted about it earlier.

dexX7

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Quote from: Puppet on September 23, 2013, 07:39:23 AM

Are you saying he doesnt control the IPO bitcoins?

He didn't. It's "labcoin" who has control over their BTCT account.

Bitcycle

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Activity: 420

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Quote from: AngelSky on September 23, 2013, 07:38:53 AM

Quote from: BitCsByBit on September 23, 2013, 07:35:12 AM

Direct Shares will be just an interim solution until they manage to list the asset on an another exchange.
No Labcoin shareholders will lose any shares!

If it is an interim solution, then yes, why not. But at the moment, we'll have to wait for something more precise than:

Quote from: labcoin on September 23, 2013, 07:17:18 AM

We will also evaluate listing again on another exchange.

Bizarre they don't already have more details. I mean, they've had entire minutes.

Puppet

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Quote from: VolanicEruptor on September 23, 2013, 07:28:50 AM

Quote from: Puppet on September 23, 2013, 07:27:45 AM

Quote from: AngelSky on September 23, 2013, 07:23:06 AM

Direct shares means no more 3rd party. Good luck with that, especially with Labcoin :p

Then its a good thing we all know the RL identity of theswede and where his business is incorporated and were his datacenter is, right?
I mean, we do know that, dont we?

theswede is only a spokesperson, and has never seen the other members of the team in person

Are you saying he doesnt control the IPO bitcoins? And that not only we have no frigging idea who does, but quite possibly, even the "spokesperson" doesnt ?

AngelSky

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Quote from: BitCsByBit on September 23, 2013, 07:35:12 AM

Direct Shares will be just an interim solution until they manage to list the asset on an another exchange.
No Labcoin shareholders will lose any shares!

If it is an interim solution, then yes, why not. But at the moment, we'll have to wait for something more precise than:

Quote from: labcoin on September 23, 2013, 07:17:18 AM

We will also evaluate listing again on another exchange.

abuelau

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www.coinschedule.com

I think this update was reassuring. Still some questions in the air, but it kind of explains what's on their mind and how they see this going forward.

Good stuff.

BitCsByBit

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Merit: 250

Quote from: AngelSky on September 23, 2013, 07:29:35 AM

Quote from: Puppet on September 23, 2013, 07:27:45 AM

Quote from: AngelSky on September 23, 2013, 07:23:06 AM

Direct shares means no more 3rd party. Good luck with that, especially with Labcoin :p

Then its a good thing we all know the RL identity of theswede and where his business is incorporated and were his datacenter is, right?
I mean, we do know that, dont we?

Lol!

Frankly:
- Buying direct shares to FC, no problemo.
- Buying direct shares to Labcoin ? No, thanks.

Best option for LC at this point is to move to BitFunder IMO.

Direct Shares will be just an interim solution until they manage to list the asset on an another exchange.
No Labcoin shareholders will lose any shares!

AngelSky

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Activity: 1008

Merit: 537

Quote from: Puppet on September 23, 2013, 07:27:45 AM

Quote from: AngelSky on September 23, 2013, 07:23:06 AM

Direct shares means no more 3rd party. Good luck with that, especially with Labcoin :p

Then its a good thing we all know the RL identity of theswede and where his business is incorporated and were his datacenter is, right?
I mean, we do know that, dont we?

Lol!

Frankly:
- Buying direct shares to FC, no problemo.
- Buying direct shares to Labcoin ? No, thanks.

Best option for LC at this point is to move to BitFunder IMO.

VolanicEruptor

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Quote from: Puppet on September 23, 2013, 07:27:45 AM

Quote from: AngelSky on September 23, 2013, 07:23:06 AM

Direct shares means no more 3rd party. Good luck with that, especially with Labcoin :p

Then its a good thing we all know the RL identity of theswede and where his business is incorporated and were his datacenter is, right?
I mean, we do know that, dont we?

theswede is only a spokesperson, and has never seen the other members of the team in person

Puppet

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Merit: 1040

Quote from: AngelSky on September 23, 2013, 07:23:06 AM

Direct shares means no more 3rd party. Good luck with that, especially with Labcoin :p

Then its a good thing we all know the RL identity of theswede and where his business is incorporated and were his datacenter is, right?
I mean, we do know that, dont we?

BitCsByBit

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Activity: 252

Merit: 250

Quote from: klee on September 23, 2013, 07:23:18 AM

Quote from: JimiQ84 on September 23, 2013, 07:21:56 AM

Quote from: Caesium on September 23, 2013, 07:20:55 AM

I'm impresssed. Only the second of my funds to give an update, beating both friedcat (though I doubt he needs to say anything..) and creativex.

Friedcat isn't associated with any security exchange. Asicminer is in form of direct shares, on exchanges are only pass-throughs

How does this work in practice? Where do you/buy/store the shares??

Think AsicMiner shares.

I'm sure more will be explained later as this is probably something they didn't expect either.

AngelSky

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Quote from: BitCsByBit on September 23, 2013, 07:23:45 AM

Quote from: AngelSky on September 23, 2013, 07:23:06 AM

Direct shares means no more 3rd party. Good luck with that, especially with Labcoin :p

GTFO! Trol.

This is the cold truth. Sorry for that.

Bitcycle

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Activity: 420

Merit: 250

Quote from: AngelSky on September 23, 2013, 07:23:06 AM

Direct shares means no more 3rd party. Good luck with that, especially with Labcoin :p

Eh, they give someone a small fee to manage it and it's all good.

BitCsByBit

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Merit: 250

Quote from: AngelSky on September 23, 2013, 07:23:06 AM

Direct shares means no more 3rd party. Good luck with that, especially with Labcoin :p

GTFO! Trol.

klee

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Quote from: JimiQ84 on September 23, 2013, 07:21:56 AM

Quote from: Caesium on September 23, 2013, 07:20:55 AM

I'm impresssed. Only the second of my funds to give an update, beating both friedcat (though I doubt he needs to say anything..) and creativex.

Friedcat isn't associated with any security exchange. Asicminer is in form of direct shares, on exchanges are only pass-throughs

How does this work in practice? Where do you/buy/store the shares??

AngelSky

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Activity: 1008

Merit: 537

Direct shares means no more 3rd party. Good luck with that, especially with Labcoin :p

Topic: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining) - page 226. (Read 1079974 times)