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Author Topic: CipherMine LiteCoin IPO Shares Rise 480% in LTC Debut  (Read 1364 times)
cryto4rig (OP)
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July 05, 2013, 02:12:31 AM
 #1

http://www.sourcewire.com/news/78577/ciphermine-litecoin-ipo-shares-rise-480-in-ltc-debut

 Ciphermine shares at /  LiteCoinGlobal.com
qiuness
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July 05, 2013, 02:19:39 AM
 #2

where can you buy shares?
cryto4rig (OP)
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July 05, 2013, 02:22:20 AM
 #3

where can you buy shares?
Go to litecoinglobal.com   its almost the same as btct.co where you can buy btc shares

 I already got a LOT of LTC on its way to litecoinglobal to get me some shares. !!!
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July 05, 2013, 02:59:10 AM
 #4

damn those shares are expensive...announcement was done on litecoinforum.. pahhh
cryto4rig (OP)
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July 05, 2013, 03:11:09 AM
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3.6 each, not that bad
qiuness
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July 05, 2013, 03:12:09 AM
 #6

i`ve put in a buy order @ 2.7
qiuness
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July 05, 2013, 03:25:22 AM
 #7

i wonder @ what price they will offer the shares:
CipherMine is issuing a further 10,000 shares, 7,000 of which are expected to be offered available on the LTC Global Exchange this Friday
TheSwede75
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July 05, 2013, 03:37:36 AM
 #8

These 2-step IPOs are all just scams. Only people who get rich are the majority owners and sellers in the IPO.
cryto4rig (OP)
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July 05, 2013, 03:41:42 AM
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i`ve put in a buy order @ 2.7
It wont buy, gotta buy em at price now because they will fly up, especially after ltc hits mtgox
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July 05, 2013, 12:51:08 PM
 #10

I can't imagine they will issue the new shares at below market price.  Would that be considered fair.  I know fair means nothing in the virtual exchange world, but can anyone see them doing this?
qiuness
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July 05, 2013, 03:14:48 PM
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i mean it would suck if they would take the highest bid and make that the price...
Online24o0n
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July 05, 2013, 03:43:24 PM
 #12

I was going to buy some, last night I was checking on it at around 3.5, now its 4.2, and the sell orders are almost non existent, if you want more than a few 5 is the price. People are hoarding their shares, gonna try and get as many as possible now.

"Never let the future disturb you. You will meet it, if you have to, with the same weapons of reason which today arm you against the present"
- Marcus Aurelius
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July 05, 2013, 03:54:03 PM
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The more I think about it, the more I expect they will issue the new shares at the highest price they think they can sell them at.  Given that everyone seems to be holding shares now, we may be looking at a price of around 4.5 or 5ltc per share.  This is only speculation of course.

cryto4rig (OP)
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July 05, 2013, 03:57:30 PM
 #14

The more I think about it, the more I expect they will issue the new shares at the highest price they think they can sell them at.  Given that everyone seems to be holding shares now, we may be looking at a price of around 4.5 or 5ltc per share.  This is only speculation of course.


Of course, I mean look at the sell orders, wouldnt be surprised to see 10ltc per share pretty soon.
cryto4rig (OP)
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July 05, 2013, 04:40:37 PM
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Damn, only 3 left under 5 LTC now
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July 05, 2013, 04:53:10 PM
 #16

Wow nice  Wink

"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks"
😼 Bitcoin Core (onion)
qiuness
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July 05, 2013, 04:53:24 PM
 #17

Since there is no announcement...how on earth is one notified??

Also i`m guessing a sell order of 7000 shares will appear on the exchange correct? (i`ve not been present for the first 20k shares)
And least maybe you know... will the price be the highest bid on the site or something REALISTIC?
cryto4rig (OP)
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July 05, 2013, 04:55:25 PM
 #18

Since there is no announcement...how on earth is one notified??

Also i`m guessing a sell order of 7000 shares will appear on the exchange correct? (i`ve not been present for the first 20k shares)
And least maybe you know... will the price be the highest bid on the site or something REALISTIC?
The only thing I know after watching it is people are buying it up like crazy, and from what I hear the ciphermine company is the one to go with. Google search it to hear about what their doing I guess.
cryto4rig (OP)
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July 05, 2013, 04:57:04 PM
 #19

Ah here it is  http://www.guardian.co.uk/technology/blog/2013/jul/01/bitcoin-virtual-fortune-crypto-currency
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July 05, 2013, 05:10:00 PM
 #20

These 2-step IPOs are all just scams. Only people who get rich are the majority owners and sellers in the IPO.
+1 Far too much financier talk and marketing going on there for what is ultimately buying some existing cards in bulk and plugging them in. It's about leveraging off forecasts and projections, an artform they appear too astute at for me, but good luck to them.
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