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Topic: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining) - page 864. (Read 1079974 times)

jerfelix
sr. member
Activity: 266
Merit: 250
Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)
July 31, 2013, 03:51:47 PM
#1006
Quote from: burnside on July 31, 2013, 03:47:57 PM

I apologize for the confusion around EST/EDT.  It is too late to fix/change it.  Unfortunately those of us in north america almost always refer to the zones as PST/CST/EST/etc regardless of daylight savings.  It's a name for the time in the area year round, regardless of the technicality around DST.



I don't mean to be disrespectful, and I have no stake in this, but being in the US myself, I will categorically state that you are wrong here.

It's a common problem, but anybody with any knowledge about time, ESPECIALLY people in the computer/programming field, need to know that there's a HUGE difference between EST and EDT, and the time zone (Eastern Time Zone).



Like I said, I have ZERO stake in this, and so am just a potential arbiter, and you are wrong on this point.
Pale Phoenix
sr. member
Activity: 420
Merit: 250
Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)
July 31, 2013, 03:50:18 PM
#1005
Quote from: ShroomsKit on July 31, 2013, 03:41:55 PM

We don't even know if it's a bug or done on purpose.

Yes. Yes we do.
limbaugh
legendary
Activity: 1311
Merit: 1000
Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)
July 31, 2013, 03:50:00 PM
#1004
Quote from: VinceSamios on July 31, 2013, 03:49:16 PM


Well now - EST and CST were both quoted, and both official times for both of these timezones show the bidding was locked a full hour early. Deal with it.

I did, I got my position before the cutoff. Stop crying.
superbit
hero member
Activity: 763
Merit: 500
Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)
July 31, 2013, 03:49:26 PM
#1003
Hmm, I guess I posted in this thread at a bad time.  At least I'm the only "fool"

http://trilema.com/2013/the-anatomy-of-a-scam/#footnote_1_48865
mumung
newbie
Activity: 56
Merit: 0
Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)
July 31, 2013, 03:49:19 PM
#1002
Quote from: wiak2 on July 31, 2013, 03:40:00 PM
Quote from: TheSwede75 on July 27, 2013, 09:37:13 AM
UPDATE FINAL:

(Ethan Burnside) Hi all, I'm posting this somewhat blind.  (haven't caught up with the last 10 or so pages...)

TheSwede75 and I have talked a bit and here's what we've come up with:

- 3 PM CST/4 PM EST is the cutoff for bidding.  (EDITED!)


Burnside, you really should honor the time you put, even if it was a mistake.

TheSwede75, You really should honor the time you put (8pm cst). Or why giving times at all?
VinceSamios
sr. member
Activity: 448
Merit: 250
Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)
July 31, 2013, 03:49:16 PM
#1001
Quote from: limbaugh on July 31, 2013, 03:46:42 PM
Quote from: VinceSamios on July 31, 2013, 03:44:51 PM
Quote from: matt4054 on July 31, 2013, 03:44:02 PM
Quote from: Pale Phoenix on July 31, 2013, 03:40:18 PM
That said, I don't think it would hurt terribly if Burnside opened the bidding up, for say 5 minutes, to people who had their coins in before the cutoff.

YES, maybe that would calm down some people like me from wanting to push MORE REGULATION on exchanges, like forcing them to delay the IPO when the contract was broken? ...


lol - simply by not following their own shutoff times.... um... yeah... 14 minutes left... bidding locked...

East coast is EST - deal with it.


Well now - EST and CST were both quoted, and both official times for both of these timezones show the bidding was locked a full hour early. Deal with it.
mgio
hero member
Activity: 546
Merit: 500
Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)
July 31, 2013, 03:49:05 PM
#1000
Quote from: limbaugh on July 31, 2013, 03:46:42 PM
Quote from: VinceSamios on July 31, 2013, 03:44:51 PM
Quote from: matt4054 on July 31, 2013, 03:44:02 PM
Quote from: Pale Phoenix on July 31, 2013, 03:40:18 PM
That said, I don't think it would hurt terribly if Burnside opened the bidding up, for say 5 minutes, to people who had their coins in before the cutoff.

YES, maybe that would calm down some people like me from wanting to push MORE REGULATION on exchanges, like forcing them to delay the IPO when the contract was broken? ...


lol - simply by not following their own shutoff times.... um... yeah... 14 minutes left... bidding locked...

East coast is EST - deal with it.


I think that half of Indiana is the only place currently on EST and there it is actually 3:50pm right now!
boyohi
full member
Activity: 182
Merit: 100
Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)
July 31, 2013, 03:48:33 PM
#999
Quote from: HeRetiK on July 31, 2013, 03:47:07 PM
Quote from: boyohi on July 31, 2013, 03:45:56 PM
Quote from: TheSwede75 on July 31, 2013, 03:40:56 PM
Quote from: afro25 on July 31, 2013, 03:36:42 PM
Quote from: mgio on July 31, 2013, 03:26:06 PM
Just to make matters worse, this IPO caused a ridiculous crash of ASICMiner.

So not only did I miss out on a great opportunity, I lost a ton of money too.

I'm down a few grand. If I had 10x as many shares in Asicminer I'd probably have punched a wall for not selling out before the crash.

Only because I think that the speculation in ASICMINER share price drop probably is wrong I will point out that there have been several thread on bitcointalk, reddit and elsewhere reporting that share holders are dissatisfied with the latest dividend payment. I doubt a single IPO of 7k BTC could really affect a security of ASICMINER's value (100x+ current LABCOIN Ipo value if I am not mistaken)

You made the IPO to lower the price of Asicminer so you can buy them at cheap price /conspiracy

using the BTC collected during the IPO

Yes yes its the perfect crime
burnside
legendary
Activity: 1106
Merit: 1006
Lead Blockchain Developer
Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)
July 31, 2013, 03:47:57 PM
#998
Quote from: wiak2 on July 31, 2013, 03:40:00 PM
Quote from: TheSwede75 on July 27, 2013, 09:37:13 AM
UPDATE FINAL:

(Ethan Burnside) Hi all, I'm posting this somewhat blind.  (haven't caught up with the last 10 or so pages...)

TheSwede75 and I have talked a bit and here's what we've come up with:

- 3 PM CST/4 PM EST is the cutoff for bidding.  (EDITED!)


Burnside, you really should honor the time you put, even if it was a mistake.

I apologize for the confusion around EST/EDT.  It is too late to fix/change it.  Unfortunately those of us in north america almost always refer to the zones as PST/CST/EST/etc regardless of daylight savings.  It's a name for the time in the area year round, regardless of the technicality around DST.

foxykah
full member
Activity: 126
Merit: 100
Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)
July 31, 2013, 03:47:49 PM
#997
Quote from: HeRetiK on July 31, 2013, 03:47:07 PM
Quote from: boyohi on July 31, 2013, 03:45:56 PM
Quote from: TheSwede75 on July 31, 2013, 03:40:56 PM
Quote from: afro25 on July 31, 2013, 03:36:42 PM
Quote from: mgio on July 31, 2013, 03:26:06 PM
Just to make matters worse, this IPO caused a ridiculous crash of ASICMiner.

So not only did I miss out on a great opportunity, I lost a ton of money too.

I'm down a few grand. If I had 10x as many shares in Asicminer I'd probably have punched a wall for not selling out before the crash.

Only because I think that the speculation in ASICMINER share price drop probably is wrong I will point out that there have been several thread on bitcointalk, reddit and elsewhere reporting that share holders are dissatisfied with the latest dividend payment. I doubt a single IPO of 7k BTC could really affect a security of ASICMINER's value (100x+ current LABCOIN Ipo value if I am not mistaken)

You made the IPO to lower the price of Asicminer so you can buy them at cheap price /conspiracy

using the BTC collected during the IPO

he is just pure genius.  Grin
wiak2
sr. member
Activity: 560
Merit: 250
Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)
July 31, 2013, 03:47:38 PM
#996
Quote from: limbaugh on July 31, 2013, 03:46:42 PM
Quote from: VinceSamios on July 31, 2013, 03:44:51 PM
Quote from: matt4054 on July 31, 2013, 03:44:02 PM
Quote from: Pale Phoenix on July 31, 2013, 03:40:18 PM
That said, I don't think it would hurt terribly if Burnside opened the bidding up, for say 5 minutes, to people who had their coins in before the cutoff.

YES, maybe that would calm down some people like me from wanting to push MORE REGULATION on exchanges, like forcing them to delay the IPO when the contract was broken? ...


lol - simply by not following their own shutoff times.... um... yeah... 14 minutes left... bidding locked...

East coast is EST - deal with it.


It is 3:48 EST.  The bidding should still be open.  Just that simple.
dwdoc
legendary
Activity: 966
Merit: 1000
- - -Caveat Aleo- - -
Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)
July 31, 2013, 03:47:22 PM
#995
There are currently 18,704,499 bids for shares listed at or above .001. Did all of those come in before the IPO was locked? If so does that mean
bidders get 37% of shares they bid for (7/18.7)?
HeRetiK
legendary
Activity: 3122
Merit: 2178
Playgram - The Telegram Casino
Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)
July 31, 2013, 03:47:07 PM
#994
Quote from: boyohi on July 31, 2013, 03:45:56 PM
Quote from: TheSwede75 on July 31, 2013, 03:40:56 PM
Quote from: afro25 on July 31, 2013, 03:36:42 PM
Quote from: mgio on July 31, 2013, 03:26:06 PM
Just to make matters worse, this IPO caused a ridiculous crash of ASICMiner.

So not only did I miss out on a great opportunity, I lost a ton of money too.

I'm down a few grand. If I had 10x as many shares in Asicminer I'd probably have punched a wall for not selling out before the crash.

Only because I think that the speculation in ASICMINER share price drop probably is wrong I will point out that there have been several thread on bitcointalk, reddit and elsewhere reporting that share holders are dissatisfied with the latest dividend payment. I doubt a single IPO of 7k BTC could really affect a security of ASICMINER's value (100x+ current LABCOIN Ipo value if I am not mistaken)

You made the IPO to lower the price of Asicminer so you can buy them at cheap price /conspiracy

using the BTC collected during the IPO
limbaugh
legendary
Activity: 1311
Merit: 1000
Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)
July 31, 2013, 03:46:42 PM
#993
Quote from: VinceSamios on July 31, 2013, 03:44:51 PM
Quote from: matt4054 on July 31, 2013, 03:44:02 PM
Quote from: Pale Phoenix on July 31, 2013, 03:40:18 PM
That said, I don't think it would hurt terribly if Burnside opened the bidding up, for say 5 minutes, to people who had their coins in before the cutoff.

YES, maybe that would calm down some people like me from wanting to push MORE REGULATION on exchanges, like forcing them to delay the IPO when the contract was broken? ...


lol - simply by not following their own shutoff times.... um... yeah... 14 minutes left... bidding locked...

East coast is EST - deal with it.
boyohi
full member
Activity: 182
Merit: 100
Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)
July 31, 2013, 03:45:56 PM
#992
Quote from: TheSwede75 on July 31, 2013, 03:40:56 PM
Quote from: afro25 on July 31, 2013, 03:36:42 PM
Quote from: mgio on July 31, 2013, 03:26:06 PM
Just to make matters worse, this IPO caused a ridiculous crash of ASICMiner.

So not only did I miss out on a great opportunity, I lost a ton of money too.

I'm down a few grand. If I had 10x as many shares in Asicminer I'd probably have punched a wall for not selling out before the crash.

Only because I think that the speculation in ASICMINER share price drop probably is wrong I will point out that there have been several thread on bitcointalk, reddit and elsewhere reporting that share holders are dissatisfied with the latest dividend payment. I doubt a single IPO of 7k BTC could really affect a security of ASICMINER's value (100x+ current LABCOIN Ipo value if I am not mistaken)

You made the IPO to lower the price of Asicminer so you can buy them at cheap price /conspiracy
VinceSamios
sr. member
Activity: 448
Merit: 250
Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)
July 31, 2013, 03:44:51 PM
#991
Quote from: matt4054 on July 31, 2013, 03:44:02 PM
Quote from: Pale Phoenix on July 31, 2013, 03:40:18 PM
That said, I don't think it would hurt terribly if Burnside opened the bidding up, for say 5 minutes, to people who had their coins in before the cutoff.

YES, maybe that would calm down some people like me from wanting to push MORE REGULATION on exchanges, like forcing them to delay the IPO when the contract was broken? ...


lol - simply by not following their own shutoff times.... um... yeah... 14 minutes left... bidding locked...
limbaugh
legendary
Activity: 1311
Merit: 1000
Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)
July 31, 2013, 03:44:29 PM
#990
Quote from: mumung on July 31, 2013, 03:42:12 PM
Hey,

I am still at work and I really expected to come home and place
a bid for whatever price, before the IPO started.
This morning you have stated we will have 12 hours left.
Just pulling the public offer and leaving everyone else behind is
a big punch in the face to everybody and has nothing to do with being fair.

I wish you would reconsider that decision and open the orderbook again so that everyone
can participate until tonight 8pm central time (so in about 4 hours).


Big bummer!

There was more than enough support to move forward. No reason to delay it any longer.
matt4054
legendary
Activity: 1946
Merit: 1035
Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)
July 31, 2013, 03:44:02 PM
#989
Quote from: Pale Phoenix on July 31, 2013, 03:40:18 PM
That said, I don't think it would hurt terribly if Burnside opened the bidding up, for say 5 minutes, to people who had their coins in before the cutoff.

YES, maybe that would calm down some people like me from wanting to push MORE REGULATION on exchanges, like forcing them to delay the IPO when the contract was broken? ...
HeRetiK
legendary
Activity: 3122
Merit: 2178
Playgram - The Telegram Casino
Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)
July 31, 2013, 03:43:44 PM
#988
Quote from: afro25 on July 31, 2013, 03:36:42 PM
Quote from: mgio on July 31, 2013, 03:26:06 PM
Just to make matters worse, this IPO caused a ridiculous crash of ASICMiner.

So not only did I miss out on a great opportunity, I lost a ton of money too.

I'm down a few grand. If I had 10x as many shares in Asicminer I'd probably have punched a wall for not selling out before the crash.

Asicminer shares have been rather flakey lately in general, the below-average dividend and the upcoming IPOs sure didn't make matters better.

But look, it's climbing up again already, seems like everyone is taking their seats again Cheesy
VinceSamios
sr. member
Activity: 448
Merit: 250
Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)
July 31, 2013, 03:43:32 PM
#987
Still waiting for acceptance that the time zone was cst and est.... and that 15 minutes still remain. Your own rules Burnside....
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