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Topic: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining) - page 906. (Read 1079974 times)

hero member
Activity: 560
Merit: 500
This is crazy...

Agreed. With AM, BTCGarden, and Labcoin, the network hash rate will reach 2 PH/s by Christmas. You have to be brave if you want to own a miner  Undecided
full member
Activity: 238
Merit: 100
Apparently someone put in a bid for 1.3 million shares. About $130k USD.
member
Activity: 114
Merit: 10
full member
Activity: 224
Merit: 100
sr. member
Activity: 378
Merit: 250
so, if I want some shares should I be putting a bid in now?
hero member
Activity: 560
Merit: 500
They gave no warning. IPO shares started selling at 1:50 AM in US - they said they would start during US Business day.

Make sure you know what you're talking about before speaking. People have put up bids, NO shares have been sold yet.

OK. OK.

Why are people putting in bids for much less than the IPO price?

Many reasons: hoping someone mistakes a decimal point, someone really needs to liquidate shares for emergency funds, etc.
full member
Activity: 238
Merit: 100
Interesting to see this play out - what happens if more bids are placed then shares when the IPO occurs?  Are the shares divided evenly based on order size, or is it first-come first serve (Which would defeat the purpose of the lock, as far as I can tell)

OK. OK.

Why are people putting in bids for much less than the IPO price?

If the price drops after opening, they may pick it up cheaply
sr. member
Activity: 378
Merit: 250
They gave no warning. IPO shares started selling at 1:50 AM in US - they said they would start during US Business day.

Make sure you know what you're talking about before speaking. People have put up bids, NO shares have been sold yet.

OK. OK.

Why are people putting in bids for much less than the IPO price?
hero member
Activity: 560
Merit: 500
They gave no warning. IPO shares started selling at 1:50 AM in US - they said they would start during US Business day.

Make sure you know what you're talking about before speaking. People have put up bids, NO shares have been sold yet.
legendary
Activity: 1442
Merit: 1001
They gave no warning. IPO shares started selling at 1:50 AM in US - they said they would start during US Business day.

No - those are buy orders and they are not being executed until the issuer unlocks the security.
Sou
full member
Activity: 210
Merit: 100
(Bitcoin related text here)
Now there are two bids higher then the IPO...the blind leading the blind here.
legendary
Activity: 1442
Merit: 1001
Why is someone trying to buy higher then the IPO price??
he is stupid

Price manipulation attempts already! Wink Enjoy your 4 overpriced shares, whoever you are.
full member
Activity: 144
Merit: 100
sr. member
Activity: 266
Merit: 250
Why is someone trying to buy higher then the IPO price??
he is stupid
Sou
full member
Activity: 210
Merit: 100
(Bitcoin related text here)
Why is someone trying to buy higher then the IPO price??
full member
Activity: 187
Merit: 100
Wow, that was fast! Congrats!
sr. member
Activity: 378
Merit: 250
can we purchase shares now? I thought they were giving warning.
sr. member
Activity: 266
Merit: 250
full member
Activity: 224
Merit: 100
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