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Author Topic: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)  (Read 1061028 times)
drawingthesun
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September 23, 2013, 07:48:59 AM
 #13581

What will happen to the shares and all?

At the moment there's a chance they cease to exist.
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The network tries to produce one block per 10 minutes. It does this by automatically adjusting how difficult it is to produce blocks.
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TMAN
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September 23, 2013, 07:49:23 AM
 #13582

Simply clearing the order book....

Burnside will have explaining to do. I was lucky and lost nothing because of his f-up
but others did.

Since you don't even have access to the funds of the cleared orders.


4.5k shares for 1 1/10th of the price... Ace

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BitCsByBit
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September 23, 2013, 07:52:11 AM
 #13583

He needs to put more info regarding what will happen to the securities and current shareholders, otherwise people will start panic selling.

Tipsy jar: 1HgfLMXiJQj9KZ7abLRh9rWuR7dgeSyub4
iCEBREAKER
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September 23, 2013, 07:53:52 AM
 #13584

What will happen to the shares and all?



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drawingthesun
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September 23, 2013, 07:55:23 AM
 #13585

And its gone
KCBitcoin
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September 23, 2013, 07:58:31 AM
 #13586

will latecoin shares become some form of direct shares as well?
drawingthesun
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September 23, 2013, 07:59:39 AM
 #13587

I sold all at .002.

Same here, and I consider myself lucky.
Rannasha
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September 23, 2013, 08:01:40 AM
 #13588

will latecoin shares become some form of direct shares as well?

Do you trust Labcoin to properly manage a direct share ledger?
demzie
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September 23, 2013, 08:02:06 AM
 #13589

i was less lucky dammit; ********************************************** peep
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September 23, 2013, 08:03:01 AM
 #13590

Won't be hard to switch over to bitfunder.

Can be done fast and with no work for Labcoin, since that is what will happen to most of the stocks

Donatioins always welcome Wink
BTC: 148nRwhghr9Abnpp9vShYxSPDbyMFQzjhr
LTC: LL2UDTbQNx9UiP37ZzJ4CLQDWm6JPgZG8t
BitCsByBit
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September 23, 2013, 08:03:17 AM
 #13591

Yeah I'm holding now. Let's see how they resolve this.

Tipsy jar: 1HgfLMXiJQj9KZ7abLRh9rWuR7dgeSyub4
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September 23, 2013, 08:06:26 AM
 #13592

Yeah I'm holding now. Let's see how they resolve this.

It will go lower.... I'm thinking about buying

Donatioins always welcome Wink
BTC: 148nRwhghr9Abnpp9vShYxSPDbyMFQzjhr
LTC: LL2UDTbQNx9UiP37ZzJ4CLQDWm6JPgZG8t
TMAN
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September 23, 2013, 08:07:12 AM
 #13593

Yeah I'm holding now. Let's see how they resolve this.

It will go lower.... I'm thinking about buying

0.00025 so I can get my shares back

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codegnome
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September 23, 2013, 08:07:21 AM
 #13594

There are going to be some broke pissed off Americans in a few hours.

       
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GreekGeek
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September 23, 2013, 08:07:49 AM
 #13595

I am thinking of buying more....

retirement fund : 1NBM5DM317RfWsHXKUfPUDtba2scavpPoB
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September 23, 2013, 08:09:40 AM
 #13596

There are going to be some broke pissed off Americans in a few hours.

Yeah it's a very american thing to invest more than you can afford to lose.
Many even take loans to invest Cheesy

Donatioins always welcome Wink
BTC: 148nRwhghr9Abnpp9vShYxSPDbyMFQzjhr
LTC: LL2UDTbQNx9UiP37ZzJ4CLQDWm6JPgZG8t
redbeans2012
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September 23, 2013, 08:11:08 AM
 #13597

The site will be up for over a month.  I think burnside will sell it instead of just shut it down, but thats just my hunch.  I"m not panicking.
BitCsByBit
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September 23, 2013, 08:11:25 AM
 #13598

Share price will recover on the new exchange.

I'm not panicking. I wish I had more funds to buy more cheap shares.

Tipsy jar: 1HgfLMXiJQj9KZ7abLRh9rWuR7dgeSyub4
ChefBorjan
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September 23, 2013, 08:15:37 AM
 #13599

I am also holding out. Would love to have had some spare BTC available for today though.

If you feel like leaving me a tip: 1MhxTnB5onvEMqF53TDXxVseQZzYZetxw3
bitwhizz
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September 23, 2013, 08:16:30 AM
 #13600

I don;t even know what to say about all this, sending bitcoins in and have buy orders.
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