Vbs... * We use this 3 millions dollars IPO funds for : Mass production of 1st gen chips to a big amount (exact no. might depends but 500TH as minimum beside the 200TH we have already paid), deploying all of them. the research and Tapeout (samples with fulll mask) 2nd gen chips (40nm most likely).
This process might last,as you said, several months.
* the Mass production of our 2nd gen chips might be a possible reason to launch our 2nd batch of shares. To add some more details: the first batch contains 312 wafers * 2000 chips/wafer * 400 MH/s/chip = 249 TH/s. And according to the first post this batch should arrive mid september and the other batch will be ordered immediately after they receive/test the first batch. If this is all correct, a total of roughly 850 TH/s should be covered by the IPO.
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Hmm.. I guess this time I'm the lucky one. Selling and buying works like a charm right now.
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This information is wrong. Trading has not been stopped.
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You're the guy who brings BTC 2 SC! Nice to meet you here.
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During the past few weeks we have met with several investors and potential shareholders for this newly charted corporation. We had many power point presentations trying to explain what Crypto Currencies are and how they can be of benefit to the user, merchant, investor etc. As we are part of the potential shareholders, I'd love to see those PPTs to learn more about how CFIG wants to operate.
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Hi parseval, thanks (again). What I would like to have though is the number of outstanding shares of the past. This numbers can only be calculated for BF, as BTC-TC keeps an every-day-backup of their shareholders list. I want to learn more about the Laspeyres method in real finance, because it seems it's a bit more tricky than using the formula with tick (or hour) data and previous tick (or hour) data. p0 doesn't have to use the last-tick-cap-data which I assumed, but can use an older value as basis. For example the basis value could be the end-of-day capitalization sum of the day (or month, or..) before. Here is a detailed paper about the DAX as input, which uses this approach. Another approach I will test in the next days is to use the sum of market capitalization (BSI in my last post), but with a volume based averaged price. This should prevent that a very small change in price leads to huge changes in the index value. Some more brainstorming: - Create an index for each exchange with (almost) all securities?
- Create an index in which more than one exchange is included?
- Only include the n most capitalized companies either for one or more exchanges?
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I read the prospectus and it summarizes "what" you want to accomplish, but not "how". I'd like to hear more about the operational and financial side and I'm sure you have a very detailed plan in hand, if you ask for 3000 Bitcoin to implement your goals. Good luck though.
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I think what dexX7 was trying to say is: a former BTCMAN webmaster's evidence is not as convincing, since they(nightcat, the webmaster and aiwill, the CEO) are on the same boat. However, dexX7, the posts nightcat quoted in his reply are claims from numerous Chinese victims from numerous sources against this yianding guy since 2009. No. I just asked for another confirmation, because I can only use translation to understand what they write in the posts. I think a BTCMAN admin has a lot more credibility than a user with 31 posts and thus I believe you that yianding is the the scammer. Thanks everyone for helping to understand the situation.
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Thanks ronaldlee0917. Just to be sure: yianding is the criminal and in the thread you linked nightcat (a former BTCMAN webmaster) provides evidence for this claim?
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I think on the list of priorities a website is not #1 - although its a problem easily solved with a little bit of money and a web design agency.
In this thread are more than one member who already mentioned that he/she would be interested in doing this.
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yianding:
As far as I understand, you say GARDEN is fraudulent, but Google translate doesn't do a very good job on translating Chinese. What are the reasons for your claim?
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Very good detective work! Though this only shows that he talked about mining, but it's not really a clue that he was directly involved in creating false news.
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I hate to come across as jaded but in my opinion Labcoin is actually doing quite a lot better then a lot of recent projects in being transparent and fair to its investors. We hear a lot from you and this is really pleasant, but I'd love to hear from the guys behind Labcoin even more.
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Hi Carnth, sounds good! When do you start your approval process? Can you say something about the initial amount of available shares and if that amount is fixed or might further be expanded? Thanks.
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Bingo! [02:11:28] 1 ASK ACTIVEMINING @ 0,1 {"status":"success","response":"Received Ask Order: 1 of ACTIVEMINING @ 0.1 BTC: Placed Sale Order #959414: 1 @ 0.1 BTC. <br><br>"}
[02:11:16] 1 BID ACTIVEMINING @ 0,0001 {"status":"success","response":"Received Bid Order: 1 of ACTIVEMINING @ 0.0001 BTC: Placed Purchase Order #959404: 1 @ 0.0001 BTC. <br><br>"}
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Well, I would.. I think it's essential to get the lock error resolved. [01:31:02] 1 ASK ACTIVEMINING @ 0,01 {"status":"error","error_message":"Received Ask Order: 1 of ACTIVEMINING @ 0.01. Received Ask Order Request: 1 @ 0.01 BTC<br>\nExcessive wait trying to get lock on ACTIVEMINING."}
[01:30:10] 1 BID ACTIVEMINING @ 0,1
[01:30:02] 1 ASK ACTIVEMINING @ 0,1 {"status":"error","error_message":"Received Ask Order: 1 of ACTIVEMINING @ 0.1. Received Ask Order Request: 1 @ 0.1 BTC<br>\nPlaced Sale Order #957742: 1 @ 0.1 BTC.<br\/><br\/>\n"}
[01:29:50] 1 BID ACTIVEMINING @ 0,0001 {"status":"error","error_message":"Received Bid Order: 1 of ACTIVEMINING @ 0.0001. Received Bid Order Request: 1 @ 0.0001 BTC<br>\nPlaced Purchase Order #957724: 1 @ 0.0001 BTC.<br\/><br\/>\n"} But order ids show up. That's really a good thing.
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[00:47:39] 1 BID ACTIVEMINING @ 0,000120: {"status":"error","error_message":"Received Bid Order: 1 of ACTIVEMINING @ 0.00012. Received Bid Order Request: 1 @ 0.00012 BTC<br>\nPlaced Purchase Order 1 @ 0.00012 BTC.<br\/><br\/>\n"} << Bid placed though.
[00:48:47] 1 BID ACTIVEMINING @ 0,120000: {"status":"error","error_message":"Received Ask Order: 1 of ACTIVEMINING @ 0.12. Received Ask Order Request: 1 @ 0.12 BTC<br>\nPlaced Sale Order 1 @ 0.12 BTC.<br\/><br\/>\n"} << Ask placed though.
[00:49:12] 1 BID NOTAVAILABLE @ 0,150000: Error:
Invalid Ticker.
[00:50:27] 1 BID LABCOIN @ 1200,000000 {"status":"error","error_message":"Received Bid Order: 1 of LABCOIN @ 1200. Received Bid Order Request: 1 @ 1200 BTC<br>\nOrder failed. This order would cost 1202.40000000. Your balance is X.<br\/><br\/>\n"}
[00:53:27] 1 BID LABCOIN @ 0,001600 {"status":"error","error_message":"Received Bid Order: 1 of LABCOIN @ 0.0016. Received Bid Order Request: 1 @ 0.0016 BTC<br>\nExcessive wait trying to get lock on LABCOIN."}
[00:54:18] 1 ASK DMS.SELLING @ 16,000000 {"status":"error","error_message":"Received Ask Order: 1 of DMS.SELLING @ 16. Received Ask Order Request: 1 @ 16 BTC<br>\nYou do not own any DMS.SELLING.<br\/><br\/>\n"} Edit: Can't buy or sell right now. Either gets excessiv lock or an empty result.
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Street/PR:
I know it takes some weeks and that deals are made, but I'd like to know what that means excatly and what will happen next. I have no experience in this industry nor do I know all steps invovled in building a miner, so would it be possible for you to get a more detailed timeline for the next days and weeks?
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General trading advice: If you are lucky enough to spot manipulation you can call yourself very fortunate. Start to adjust and anticipate the next step. Use your knowledge to your advantage.
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