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Topic: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining) - page 879. (Read 1079974 times)

hero member
Activity: 672
Merit: 500


Just temporally increase the number of confirmations needed to deposit BTC, and people can't then load up their account in order to inflate their share.



This would be a brilliant move.

So it's brilliant that i can't buy any shares? Is that what you are saying? Do you consider this fair?
legendary
Activity: 1176
Merit: 1015
If we bid our shares higher than 0.001 will it make any difference?
sr. member
Activity: 457
Merit: 250
 Cheesy @ all the people trying to send more BTC to their account to increase their bid. Decreasing the % overall, but trying to game and get more shares for yourself.
hero member
Activity: 672
Merit: 500
I also have a 6+ conf trx in limbo.

SO it seems the only way to get our bids in time is selling off other shares at insanely low price.

Not sure this is a long term winning strategy, as much for the exchange as for issuers and shareholders.

If he is seriously blocking people from sending coins then that is seriously messed up.
I want to buy shares just like the rest of you. I'm allowed to buy shares for 1.5 hours and he is stopping me.
hero member
Activity: 763
Merit: 500
I had 1/3 confirmations on BTC-TC, and 13 in armory, now I don't show any in BTC-TC, where did those coins go?
sr. member
Activity: 302
Merit: 250
The coins i'm sending there are not showing up.

This is not good.

same here hrrrmmm :/

Jesus the amount of BTC flowing into BTCT is insane right now, Burnside you're gonna be rich. Smiley

The amount of btc flowing into BTCT is irrelevant, because only 7million shares will be distributed ... no matter what.

Obviously - I'm saying the amount of FEES burnside will earn in the coming months will be insane due to the increased capital base trading because of this IPO...assuming there isnt a mass exedous when this thing crashes
sr. member
Activity: 378
Merit: 250
So we have to rebid? I am at work and having no way to bid. I thought this was going to start at 8:00 pm est. The plans have changed so many times. Do I need to just bid at .001 or higher?

only at .001, and as much as you can. only bid volumes count up till the cap, which is still unknown.

The amount of shares in the IPO remains at 7 million. Only the distribution percentage per investor varies with bid volume (this is how I understand it). Total share volume remains also unchanged at 10 million shares.

Don't understand what this means. Last night I bid 1000 shares at .001 for 1 BTC. What does this mean for me now?

divide the total bid volume of ~15M by 7M, that is the ratio. multiply your bid volume with the ratio, and that is the number of shares you will get, each of them @ .001

15M/7M = 2:1. My bid volume equals 1000 x 2 = 2000. So I will be getting 2000 shares? doesn't sound right. Do you mean divide by the ratio? All I care about is getting 1000 shares of the 7M or as close as I can.
legendary
Activity: 1311
Merit: 1000


Just temporally increase the number of confirmations needed to deposit BTC, and people can't then load up their account in order to inflate their share.



This would be a brilliant move.
legendary
Activity: 1946
Merit: 1035
I also have a 6+ conf trx in limbo.

SO it seems the only way to get our bids in time is selling off other shares at insanely low price.

Not sure this is a long term winning strategy, as much for the exchange as for issuers and shareholders.
hero member
Activity: 896
Merit: 500
Dolphins Finance TRUSTED FINANCE
The coins i'm sending there are not showing up.

This is not good.

same here hrrrmmm :/

Jesus the amount of BTC flowing into BTCT is insane right now, Burnside you're gonna be rich. Smiley

The amount of btc flowing into BTCT is irrelevant, because only 7million shares will be distributed ... no matter what.
hero member
Activity: 672
Merit: 500
Yeah, I'm not able to add coins either.  This may be the way they're preventing people from over-bidding  Grin

Just temporally increase the number of confirmations needed to deposit BTC, and people can't then load up their account in order to inflate their share.

I don't think there is too much of a risk that you'll actually lose your BTC, if you have the transaction IDs and stuff. Just look up your deposit address on https://blockchain.info/

Dude, i want to buy shares. I don't own any yet. He is cutting me off.
legendary
Activity: 1386
Merit: 1000
So we have to rebid? I am at work and having no way to bid. I thought this was going to start at 8:00 pm est. The plans have changed so many times. Do I need to just bid at .001 or higher?

only at .001, and as much as you can. only bid volumes count up till the cap, which is still unknown.

The amount of shares in the IPO remains at 7 million. Only the distribution percentage per investor varies with bid volume (this is how I understand it). Total share volume remains also unchanged at 10 million shares.

Don't understand what this means. Last night I bid 1000 shares at .001 for 1 BTC. What does this mean for me now?

It means that you will be included in the IPO. How many shares you get will be determined by how many people have bit at or above .001. All shares will be sold at .001.

If there are 20,000,000 shares on the orderbook at 4PM ET at or above .001, everyone will receive 35% of their number of shares on the order book at

20,000,000 on orderbook at or above .001
7,000,000 available shares
7,000,000 / 20,000,000 = .35

So, if you have an order for 1000, you will only receive 350 shares for BTC.35
member
Activity: 73
Merit: 10
it will show, but not sure if it will show before cutoff time.  I have had one confirmation on the site, 11 confirmations in my wallet
how do I know the confirmation # on the site?
hero member
Activity: 672
Merit: 500
it will show, but not sure if it will show before cutoff time.  I have had one confirmation on the site, 11 confirmations in my wallet

This never happened before. Why suddenly now?
1.5 hours before it ends should be plenty of time.
What if i'm excluded because of this?
sr. member
Activity: 302
Merit: 250
The coins i'm sending there are not showing up.

This is not good.

same here hrrrmmm :/

Jesus the amount of BTC flowing into BTCT is insane right now, Burnside you're gonna be rich. Smiley
full member
Activity: 238
Merit: 100
Yeah, I'm not able to add coins either.  This may be the way they're preventing people from over-bidding  Grin

Just temporally increase the number of confirmations needed to deposit BTC, and people can't then load up their account in order to inflate their share.

I don't think there is too much of a risk that you'll actually lose your BTC, if you have the transaction IDs and stuff. Just look up your deposit address on https://blockchain.info/
legendary
Activity: 1311
Merit: 1000


Don't understand what this means. Last night I bid 1000 shares at .001 for 1 BTC. What does this mean for me now?
It depends on how many large BTC holders corrupt the distribution.
full member
Activity: 126
Merit: 100
So we have to rebid? I am at work and having no way to bid. I thought this was going to start at 8:00 pm est. The plans have changed so many times. Do I need to just bid at .001 or higher?

only at .001, and as much as you can. only bid volumes count up till the cap, which is still unknown.

The amount of shares in the IPO remains at 7 million. Only the distribution percentage per investor varies with bid volume (this is how I understand it). Total share volume remains also unchanged at 10 million shares.

Don't understand what this means. Last night I bid 1000 shares at .001 for 1 BTC. What does this mean for me now?

divide the total bid volume of ~15M by 7M, that is the ratio. multiply your bid volume with the ratio, and that is the number of shares you will get, each of them @ .001
newbie
Activity: 39
Merit: 0
it will show, but not sure if it will show before cutoff time.  I have had one confirmation on the site, 11 confirmations in my wallet
sr. member
Activity: 392
Merit: 250
http://casinobitco.in/ A+ customer support
The coins i'm sending there are not showing up.

This is not good.

same here hrrrmmm :/
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