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1  Economy / Securities / Re: [IPVO] [Multiple Exchanges] Neo & Bee - LMB Holdings on: October 15, 2013, 12:56:54 AM
less than 16,000 shares (< 48 BTC) need to be purchased on BitFunder to bring us back to IPVO price (assuming no new orders)
yeah, but no one is buying.  and really, without a real plan in place to exchange shares outside of havelock/bitfunder, no one will put more money into a venture like this.

I went to meet Danny last night (Sunday) whilst he was briefly in England on work matters. We had a great catchup then went on to meet who I definitely hope will be the head of security for Neo.
You should be reminded the ipo runs until the end of November which is over 45 days, not to mention that there will be some big announcements before this date, not least of which is the first mega-merchant Bee has signed up. This alone will be enough to create ripples across the bitcoin world bringing significant attention to the ipo.
As N_S pointed out just 48 btc worth of shares are listed at below ipo price, which when compared to the already raised figure of 9,500+ bitcoins, represents a very small fraction. During this time of uncertainty for US investors I think it's actually quite comforting to know that so few investors have decided to exit. After talking at length with Danny, the prospect of the ipo not selling out is quite rightly not something he is worried about.
2  Other / Beginners & Help / Re: is it still good to bitmine? on: October 10, 2013, 07:54:07 AM
The short and sweet answer for you is no. Whoever said that you can't lose money in the long run is hugely mistaken.
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