Bitcoin Forum

Other => Archival => Topic started by: ianbakewell on September 09, 2012, 05:43:17 PM



Title: Re: New IPO [GLBSE] [Bakewell] - Revised contract up for review
Post by: ianbakewell on September 09, 2012, 05:43:17 PM
Just a quick update:

Some people looking into GLBSE info through the api have noticed that BAKEWELL has 20000+ shares out in the wild.

When BAKEWELL first went live, I had transfered the founders stake to my personal portfolio immediately.
I did this to save on transaction fees. No fees are charged if the asset is below 20 BTC volume.

Obviously, the contract has changed and with rolling out shares on a 5-3-2 basis, this is wrong.
It is going to cost me a couple coins to send them back to the BAKEWELL portfolio. This will be done as soon as I mine them and fund my GLBSE acc.
Noob mistake. Working to fix it behind the scenes :)


Got the shares sent back, you can see how many shares are in the wild here:
https://glbse.com/api/quantity_trading/BAKEWELL