Author

Topic: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining) - page 250. (Read 1079974 times)

full member
Activity: 227
Merit: 100
pure horseshit...

The dump's over, you missed it.
sr. member
Activity: 266
Merit: 250
Quote
[12:09:42 AM] myself: Do you like cock?
[12:11:39 AM] Anotheranonlol: Yes, can i blow you?
[12:11:53 AM] myself: Sure blow me! Fuckface!

You just skyped me Smiley
sr. member
Activity: 266
Merit: 250
Quote
Quote
[12:09:42 AM] myself: nobody else is known to the community
[12:11:39 AM] TheSeven: they might come after you, I doubt they'll come after me
[12:11:53 AM] myself: why wouldn't they?
[12:12:05 AM] TheSeven: they didn't even after the BTCFPGA clusterfuck
[12:12:12 AM] myself: true
[12:12:21 AM] TheSeven: the thing is that I'm not making promises
[12:12:25 AM] myself: BFL has managed to draw it out
[12:12:38 AM] TheSeven: so there's not much to go after
[12:12:53 AM] myself: it's not like you've promised anything
[12:13:04 AM] myself: but the fact that your names attached
[12:13:27 AM] myself: someone loses their cash they will try find anyone who they think is close
[12:14:34 AM] TheSeven: I know what you mean, but I'm fairly sure that it won't do much harm to my reputation
[12:14:54 AM] TheSeven: most people aren't that dumb, and I don't really care about those who are



Serious; still trying to fuck this? Where are the timestamps/dates.. jezus your a real moron anotheranonLUL
legendary
Activity: 1106
Merit: 1026
For those that are curious about what we are currently trying to figure out, it's this clause:
...
We have asked for verification of the withholding of 30% of the shares.

Are you referreing to a breach of contract or not being in line with what they have announced?

Can you please elaborate your point of view and what exactly is the breach is? What is your definition of "will hold" according to the contract?

Quote
General shareholder contract and IPO information

Labcoin.com aims to raise 7.000 Bitcoin (BTC) through the issue of 7.000.000 shares in the IPO. The shares will be issued at a price of 0.001 BTC per share. The total amount of shares in labcoin.com will be 10.000.000 shares, with labcoin employees, representatives and owners will hold 30% of outstanding shares.

Source: asset contract

Quote
Regarding shares owned by the Labcoin founders and developers.

Due to inquiries LABCOIN has received from investors, the founders and developers involved in the LABCOIN project has decided to voluntarily lock in 75% of all shares owned by the LABCOIN core team for 12-months.

This means that no founder or developer owning shares in LABCOIN will sell an excess of 25% of their shares for at least 365 days from today's date.

This is being publicly announced to set to rest any concern that the LABCOIN team has any interest in liquidating their holdings in the project.

Q: Why not lock in 100%?
A: Simply because we feel that it is only fair to allow the members of the LABCOIN team that wishes to sell smaller portions of their ownership should they need some Bitcoin for any unforeseen expense during the first year of operations.

Source: asset news
sr. member
Activity: 420
Merit: 250

Were the issuers notified this action was going to be taken?
full member
Activity: 224
Merit: 100
See how fast they can react!
Great move burnside!

Yeah, when the price is crashing Tongue
plus the threat of delisting
hero member
Activity: 588
Merit: 504
I have to much bets open; i have labcoin shares Smiley Dont care about your ego..

a typical and unsurprising response from loudest barker


Well you're the barker here! You ran out of ammo for the chips/boards/are we real/hashing stuff
and now your focussing on the hardware sales.. be a man and admit next week; you were wrong..

bet will prove in simple fashion who is right
sr. member
Activity: 420
Merit: 250

Once again we see that emotion based trading is a bad idea.
full member
Activity: 238
Merit: 100
See how fast they can react!
Great move burnside!

Yeah, when the price is crashing Tongue
full member
Activity: 224
Merit: 100
See how fast they can react!
Great move burnside!
sr. member
Activity: 448
Merit: 250
The statement the exchange made was 100% factual.  Though it could have been worded differently, the warning needed to be made.  Attempts at communication prior to the issuance of the warning had not been successful.

I have updated the warning.

Thanks for the update and correction on this! Smiley
sr. member
Activity: 420
Merit: 250
I don't think the locked shares thing is a big deal, but that warning needs to be cleared up ASAP.

I am in contact with burnside regarding resolving this ASAP. Since the team has separate accounts with BTCT.CO we are trying to find a smart solution to locking a certain amount (75%) of founder shares across several accounts.

I can only reiterate that the same statement as issued is still true and 75% of founder shares are, and will be held for 12 months from the date of the announcement.

Wise from my mistakes I am not giving a deadline, but I hope and think that we can resolve this "warning" very soon.

Perhaps the warning can be removed while you work in good faith the resolve the issue.
sr. member
Activity: 252
Merit: 250
wow, what has happened? Shocked

15:25 (S) 3000 @ 0.00222800 LABCOIN
15:23 (S) 1067 @ 0.00205900 LABCOIN
15:23 (S) 2000 @ 0.00206000 LABCOIN
15:23 (S) 1000 @ 0.00206000 LABCOIN
15:23 (S) 691 @ 0.00206000 LABCOIN
15:23 (S) 248 @ 0.00209100 LABCOIN
15:23 (S) 50 @ 0.00209900 LABCOIN
15:23 (S) 1000 @ 0.00213900 LABCOIN
15:23 (S) 243 @ 0.00215000 LABCOIN
15:23 (S) 1 @ 0.00215100 LABCOIN
15:22 (S) 757 @ 0.00215000 LABCOIN
15:22 (S) 600 @ 0.00222200 LABCOIN
15:22 (S) 320 @ 0.00222400 LABCOIN
15:22 (S) 1 @ 0.00222500 LABCOIN
15:18 (B) 392 @ 0.00249800 LABCOIN
15:18 (S) 621 @ 0.00223300 LABCOIN
15:18 (S) 3000 @ 0.00223500 LABCOIN
15:18 (S) 240 @ 0.00224500 LABCOIN
15:18 (S) 655 @ 0.00228900 LABCOIN
15:17 (S) 4673 @ 0.00230000 LABCOIN
15:17 (S) 320 @ 0.00230200 LABCOIN
15:17 (S) 1 @ 0.00235500 LABCOIN

Someone will regret for overacting!!!
full member
Activity: 224
Merit: 100
I don't think the locked shares thing is a big deal, but that warning needs to be cleared up ASAP.

I am in contact with burnside regarding resolving this ASAP. Since the team has separate accounts with BTCT.CO we are trying to find a smart solution to locking a certain amount (75%) of founder shares across several accounts.

I can only reiterate that the same statement as issued is still true and 75% of founder shares are, and will be held for 12 months from the date of the announcement.

Wise from my mistakes I am not giving a deadline, but I hope and think that we can resolve this "warning" very soon.
sr. member
Activity: 420
Merit: 250

edit: And yes I did sell a few satoshis in front of the wall because if things go as I expect, then I profit. If things continue to go well for labcoin, then I just buy back into the wall for a loss of transaction fees only. Risk/reward clearly favored selling for a few satoshis in front of wall

There's going to be an awful lot of competition to buy back in.  More shares will have sold in front of the wall than are in the wall.

Good luck.



lol

Yeah, well random bad decisions by the exchange operator can't be helped.
full member
Activity: 224
Merit: 100
wow, what has happened? Shocked

15:25 (S) 3000 @ 0.00222800 LABCOIN
15:23 (S) 1067 @ 0.00205900 LABCOIN
15:23 (S) 2000 @ 0.00206000 LABCOIN
15:23 (S) 1000 @ 0.00206000 LABCOIN
15:23 (S) 691 @ 0.00206000 LABCOIN
15:23 (S) 248 @ 0.00209100 LABCOIN
15:23 (S) 50 @ 0.00209900 LABCOIN
15:23 (S) 1000 @ 0.00213900 LABCOIN
15:23 (S) 243 @ 0.00215000 LABCOIN
15:23 (S) 1 @ 0.00215100 LABCOIN
15:22 (S) 757 @ 0.00215000 LABCOIN
15:22 (S) 600 @ 0.00222200 LABCOIN
15:22 (S) 320 @ 0.00222400 LABCOIN
15:22 (S) 1 @ 0.00222500 LABCOIN
15:18 (B) 392 @ 0.00249800 LABCOIN
15:18 (S) 621 @ 0.00223300 LABCOIN
15:18 (S) 3000 @ 0.00223500 LABCOIN
15:18 (S) 240 @ 0.00224500 LABCOIN
15:18 (S) 655 @ 0.00228900 LABCOIN
15:17 (S) 4673 @ 0.00230000 LABCOIN
15:17 (S) 320 @ 0.00230200 LABCOIN
15:17 (S) 1 @ 0.00235500 LABCOIN

See the new warning.  IMO - not safe to hold this until it's fixed.
In your opinion - sell our shares into your bids.
full member
Activity: 238
Merit: 100

edit: And yes I did sell a few satoshis in front of the wall because if things go as I expect, then I profit. If things continue to go well for labcoin, then I just buy back into the wall for a loss of transaction fees only. Risk/reward clearly favored selling for a few satoshis in front of wall

There's going to be an awful lot of competition to buy back in.  More shares will have sold in front of the wall than are in the wall.

Good luck.



lol
sr. member
Activity: 266
Merit: 250
wow, what has happened? Shocked

15:25 (S) 3000 @ 0.00222800 LABCOIN
15:23 (S) 1067 @ 0.00205900 LABCOIN
15:23 (S) 2000 @ 0.00206000 LABCOIN
15:23 (S) 1000 @ 0.00206000 LABCOIN
15:23 (S) 691 @ 0.00206000 LABCOIN
15:23 (S) 248 @ 0.00209100 LABCOIN
15:23 (S) 50 @ 0.00209900 LABCOIN
15:23 (S) 1000 @ 0.00213900 LABCOIN
15:23 (S) 243 @ 0.00215000 LABCOIN
15:23 (S) 1 @ 0.00215100 LABCOIN
15:22 (S) 757 @ 0.00215000 LABCOIN
15:22 (S) 600 @ 0.00222200 LABCOIN
15:22 (S) 320 @ 0.00222400 LABCOIN
15:22 (S) 1 @ 0.00222500 LABCOIN
15:18 (B) 392 @ 0.00249800 LABCOIN
15:18 (S) 621 @ 0.00223300 LABCOIN
15:18 (S) 3000 @ 0.00223500 LABCOIN
15:18 (S) 240 @ 0.00224500 LABCOIN
15:18 (S) 655 @ 0.00228900 LABCOIN
15:17 (S) 4673 @ 0.00230000 LABCOIN
15:17 (S) 320 @ 0.00230200 LABCOIN
15:17 (S) 1 @ 0.00235500 LABCOIN

Fud and unbelievers get out.. and maybe people who think this will be a spike again..
full member
Activity: 238
Merit: 100
wow, what has happened? Shocked

15:25 (S) 3000 @ 0.00222800 LABCOIN
15:23 (S) 1067 @ 0.00205900 LABCOIN
15:23 (S) 2000 @ 0.00206000 LABCOIN
15:23 (S) 1000 @ 0.00206000 LABCOIN
15:23 (S) 691 @ 0.00206000 LABCOIN
15:23 (S) 248 @ 0.00209100 LABCOIN
15:23 (S) 50 @ 0.00209900 LABCOIN
15:23 (S) 1000 @ 0.00213900 LABCOIN
15:23 (S) 243 @ 0.00215000 LABCOIN
15:23 (S) 1 @ 0.00215100 LABCOIN
15:22 (S) 757 @ 0.00215000 LABCOIN
15:22 (S) 600 @ 0.00222200 LABCOIN
15:22 (S) 320 @ 0.00222400 LABCOIN
15:22 (S) 1 @ 0.00222500 LABCOIN
15:18 (B) 392 @ 0.00249800 LABCOIN
15:18 (S) 621 @ 0.00223300 LABCOIN
15:18 (S) 3000 @ 0.00223500 LABCOIN
15:18 (S) 240 @ 0.00224500 LABCOIN
15:18 (S) 655 @ 0.00228900 LABCOIN
15:17 (S) 4673 @ 0.00230000 LABCOIN
15:17 (S) 320 @ 0.00230200 LABCOIN
15:17 (S) 1 @ 0.00235500 LABCOIN

See the new warning.  IMO - not safe to hold this until it's fixed.
full member
Activity: 238
Merit: 100
wow, what has happened? Shocked

15:25 (S) 3000 @ 0.00222800 LABCOIN
15:23 (S) 1067 @ 0.00205900 LABCOIN
15:23 (S) 2000 @ 0.00206000 LABCOIN
15:23 (S) 1000 @ 0.00206000 LABCOIN
15:23 (S) 691 @ 0.00206000 LABCOIN
15:23 (S) 248 @ 0.00209100 LABCOIN
15:23 (S) 50 @ 0.00209900 LABCOIN
15:23 (S) 1000 @ 0.00213900 LABCOIN
15:23 (S) 243 @ 0.00215000 LABCOIN
15:23 (S) 1 @ 0.00215100 LABCOIN
15:22 (S) 757 @ 0.00215000 LABCOIN
15:22 (S) 600 @ 0.00222200 LABCOIN
15:22 (S) 320 @ 0.00222400 LABCOIN
15:22 (S) 1 @ 0.00222500 LABCOIN
15:18 (B) 392 @ 0.00249800 LABCOIN
15:18 (S) 621 @ 0.00223300 LABCOIN
15:18 (S) 3000 @ 0.00223500 LABCOIN
15:18 (S) 240 @ 0.00224500 LABCOIN
15:18 (S) 655 @ 0.00228900 LABCOIN
15:17 (S) 4673 @ 0.00230000 LABCOIN
15:17 (S) 320 @ 0.00230200 LABCOIN
15:17 (S) 1 @ 0.00235500 LABCOIN
Jump to: