The whale wanted exactly the number of shares needed to clean the plate, and happened to do it at the last minute. What an amazing coincidence.

It's only been out for 2 hours an it's already at 40k blocks?

 

Can they ban IceBreaker? Why is he here other than to troll and mock everyone? It doesn't make sense. This is a serious venture and he is polluting this topic with trolling. This isn't world of warcraft man. If it is some ironic joke, well some of us have put real $$ in this and aren't here for fun and games.

Let's assume for a second that the VC investment in Avalon is true.

Wouldn't that mean that BTCGARDEN is worth more, not less?  The panic selling only makes sense if the company isn't well positioned.  Of the companies competing in this space, Asicminer has the best shot at competing due to their current market position/experience and capital.  They however are already highly valued and investment in them at the current time has a limited upside.

BTCGARDEN I believe are next in line of those companies able to realistically compete in a meaningful way.  Now that they've raised the 3 million from the IPO, there really isn't anything in their way in delivering on their plan.  The upside for us of course is that there is a huge potential upside from the current value.

After all, any one company can only control ~35%-~40% or it becomes self defeating.

Thoughts?

copy & paste from https://www.mtgox.com/press_release_20130805.html

Unless I really study this $200 million business plan then I'm not that worried. ASICMiner is valued at $160 mill and these securities were poised to realistically compete with ASICMiner. You all studied the model and business plan for these businesses, right? That is what matters. Don't get scared by the "$200 mill" number. Throwing a bunch of money at something blindly almost never works out.

The 28nm pool is getting crowded!

The competition is going to get lot tougher with the likes of  ActiveMining's 28 nm Miners and articles like this:

http://bitcoinexaminer.org/avalon-might-be-getting-a-200-million-investment-and-20nm-technology-to-become-the-leader-of-the-mining-market/
Will BTCGARDEN be able to keep pace?

Interesting article posted on the spec thread:

Avalon might be getting a $200 million investment and 20nm technology to become the leader of the mining market

These ipo's are reminding me of the new alt-coin every hour nonsense a few weeks back in the alternate cryptocurrencies forum. Those damn scam coins showed just how greedy people can get over things like this.

And some of those who did get their shares should be ashamed of their reactions to those who lost out without doing anything wrong. Your greed and attitude is disgusting!

So it looks like ~40% of share bid accepted?

Are you? Or is it just faux outrage because talking down the stock didn't work? You've been dyspeptic since your first post in this thread.

Hand on heart, indeed.

They will likely never be anywhere near this cheap again.

I tried to put in a bid for 100,000 shares to profit on what will be a major frenzy, and this cluster fuck of retardedness has cost me money plain and simple.

You are a douche - if you're happy, why trolling around?

Hi Burnside,

How are we (those of us who's Bitcoins didn't go through) going to get our shares?

Thanks for answering.