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Author Topic: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)  (Read 1058520 times)
pedrog
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September 24, 2013, 02:17:41 AM
 #13981

oh man what a mess

so it looks like we're either going to
https://bitfunder.com/
or
https://www.havelockinvestments.com
?

How do we move our labcoin shares over, what's going to happen now? Huh

Here:

All btct shares will be converted to direct shares as soon as we receive official communication from Ethan Burnside before 31 October.
Dividends will be paid regularly until the btct platform is available.
For what concerns the hashrate, as soon as we reach stability with another batch, we will merge it on btcguild, be patient.
We will also evaluate listing again on another exchange.

UPDATE:

I just woke up to the information that BTCT.CO is "winding down" (Shutting down, I haven't even had time to read the full release or catch up on the information thread).

Burnside has previously informed the team (at listing) that complete ownership registry is kept up-to-date (as per previous discussions reg. direct shares), and while this obviously is something no one was expecting I expect all shares to be accounted for.

As to alternate listing, direct share conversion and other alternatives for share holders i currently have not had time to consider this yet but of course we will start working ASAP on a solution.

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dopamine
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September 24, 2013, 02:26:51 AM
 #13982

LABCOIN switch to 796 exchange please

Bitcoinica still has not given me 50% of my claim of 600 BTC
INTERSANGO can go down with bitcoinica for abandoning customers
Alberto Armandi is a SCAMMER
KSGuy
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September 24, 2013, 02:32:42 AM
 #13983


All btct shares will be converted to direct shares as soon as we receive official communication from Ethan Burnside before 31 October.

Hello,
I read that earlier but I don't know what it means.
Will these be shares on labcoin.com itself?

Where do we find info on labcoin direct shares?

thx
CMMPro
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September 24, 2013, 02:34:35 AM
 #13984

LABCOIN switch to 796 exchange please

Yes, please....I'd like to try them out.
They have basically no offerings there right now it would be nice to see Labcoin there.

dhenson
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September 24, 2013, 02:37:17 AM
 #13985

LABCOIN switch to 796 exchange please

Yes, please....I'd like to try them out.
They have basically no offerings there right now it would be nice to see Labcoin there.



OMG that is the worst idea I've seen on this thread (and that is saying something).

796 have crazy high fee's and no volume.  Whatever you do, do not use 796!
BitCsByBit
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September 24, 2013, 02:42:19 AM
 #13986

LABCOIN switch to 796 exchange please

Yes, please....I'd like to try them out.
They have basically no offerings there right now it would be nice to see Labcoin there.



OMG that is the worst idea I've seen on this thread (and that is saying something).

796 have crazy high fee's and no volume.  Whatever you do, do not use 796!

+1

Very high trading fees.

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KCBitcoin
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September 24, 2013, 02:53:19 AM
 #13987

LABCOIN switch to 796 exchange please

Yes, please....I'd like to try them out.
They have basically no offerings there right now it would be nice to see Labcoin there.



OMG that is the worst idea I've seen on this thread (and that is saying something).

796 have crazy high fee's and no volume.  Whatever you do, do not use 796!
no volume +1
szmarco
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September 24, 2013, 02:57:37 AM
 #13988

796'fee is not too high.

Tier   Accumulated trading volume   Commission for Futures Trading   Commission for Stock Trading   Handling fee for Withdrawal
VIP0   0   0.30%   0.25%   0.30%
VIP1   10   0.30%   0.25%   0.28%
VIP2   100   0.30%   0.25%   0.26%
VIP3   1000   0.25%   0.20%   0.24%
VIP4   10000   0.20%   0.20%   0.22%
VIP5   100000   0.15%   0.15%   0.20%
VIP6   1000000   0.10%   0.10%   0.18%

1. VIP levels earned are permanently valid.
2. Accumulated trading volume represents the sum of actual trading volume of BTC futures and the market value of accumulated stock trading.
3. The commission for futures trading is calculated on the actual trading volume on pro-rata basis. It will only be deducted when closing positions.
4. The commission for stock trading will only be charged at time of sale on pro-rata basis.
BitCsByBit
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September 24, 2013, 02:59:08 AM
 #13989

LABCOIN switch to 796 exchange please

Yes, please....I'd like to try them out.
They have basically no offerings there right now it would be nice to see Labcoin there.



OMG that is the worst idea I've seen on this thread (and that is saying something).

796 have crazy high fee's and no volume.  Whatever you do, do not use 796!
no volume +1

IMO, BitFunder would be the best choice.

I don't like the interface, but it has high volume and low fees + Ukyo is a shareholder of Labcoin and he would ensure that they improve their communication and professionalism overall before they are listed   Grin

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drawingthesun
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September 24, 2013, 02:59:16 AM
 #13990

796'fee is not too high.

Tier   Accumulated trading volume   Commission for Futures Trading   Commission for Stock Trading   Handling fee for Withdrawal
VIP0   0   0.30%   0.25%   0.30%
VIP1   10   0.30%   0.25%   0.28%
VIP2   100   0.30%   0.25%   0.26%
VIP3   1000   0.25%   0.20%   0.24%
VIP4   10000   0.20%   0.20%   0.22%
VIP5   100000   0.15%   0.15%   0.20%
VIP6   1000000   0.10%   0.10%   0.18%

Dude they have a percentage based fee for withdrawing your coins to the blockchain. That is total wank.
BitCsByBit
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September 24, 2013, 03:00:05 AM
 #13991

796'fee is not too high.

Tier   Accumulated trading volume   Commission for Futures Trading   Commission for Stock Trading   Handling fee for Withdrawal
VIP0   0   0.30%   0.25%   0.30%
VIP1   10   0.30%   0.25%   0.28%
VIP2   100   0.30%   0.25%   0.26%
VIP3   1000   0.25%   0.20%   0.24%
VIP4   10000   0.20%   0.20%   0.22%
VIP5   100000   0.15%   0.15%   0.20%
VIP6   1000000   0.10%   0.10%   0.18%

Can you compare their fees to BTCT?

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szmarco
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September 24, 2013, 03:01:02 AM
 #13992

796'fee is not too high.

Tier   Accumulated trading volume   Commission for Futures Trading   Commission for Stock Trading   Handling fee for Withdrawal
VIP0   0   0.30%   0.25%   0.30%
VIP1   10   0.30%   0.25%   0.28%
VIP2   100   0.30%   0.25%   0.26%
VIP3   1000   0.25%   0.20%   0.24%
VIP4   10000   0.20%   0.20%   0.22%
VIP5   100000   0.15%   0.15%   0.20%
VIP6   1000000   0.10%   0.10%   0.18%

Can you compare their fees to BTCT?

 The commission for stock trading will only be charged at time of sale on pro-rata basis.
Vycid
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September 24, 2013, 03:09:11 AM
 #13993

796'fee is not too high.

Tier   Accumulated trading volume   Commission for Futures Trading   Commission for Stock Trading   Handling fee for Withdrawal
VIP0   0   0.30%   0.25%   0.30%
VIP1   10   0.30%   0.25%   0.28%
VIP2   100   0.30%   0.25%   0.26%
VIP3   1000   0.25%   0.20%   0.24%
VIP4   10000   0.20%   0.20%   0.22%
VIP5   100000   0.15%   0.15%   0.20%
VIP6   1000000   0.10%   0.10%   0.18%

Can you compare their fees to BTCT?

 The commission for stock trading will only be charged at time of sale on pro-rata basis.


That withdrawal fee is absolutely unacceptable and makes it clear they are in this to make a quick buck.

drawingthesun
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September 24, 2013, 03:11:37 AM
 #13994

That withdrawal fee is absolutely unacceptable and makes it clear they are in this to make a quick buck.

Yes, that would mean I would be making a withdrawal to the blockchain and it costing me 1 btc as opposed to 0.001

Please tell me why its so expensive to withdraw bitcoin again? The software is free and open source!! rip off central over there!
dhenson
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September 24, 2013, 03:21:24 AM
 #13995

LABCOIN switch to 796 exchange please

Yes, please....I'd like to try them out.
They have basically no offerings there right now it would be nice to see Labcoin there.



OMG that is the worst idea I've seen on this thread (and that is saying something).

796 have crazy high fee's and no volume.  Whatever you do, do not use 796!
no volume +1

IMO, BitFunder would be the best choice.

I don't like the interface, but it has high volume and low fees + Ukyo is a shareholder of Labcoin and he would ensure that they improve their communication and professionalism overall before they are listed   Grin

I second bitfunder, have used it for a while and Ukyo has always been a stand up guy.  Now that btct.co is closing, bitfunder will end up being the high volume exchange. (fee's are still high however)
Ukyo
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September 24, 2013, 03:34:24 AM
 #13996

I second bitfunder, have used it for a while and Ukyo has always been a stand up guy.  Now that btct.co is closing, bitfunder will end up being the high volume exchange. (fee's are still high however)

High fees from one perspective, low fees from another.
I have spent far more on lawyers for BF than BF has ever potentially ever made.

BitFunder - Asset Exchange Marketplace https://bitfunder.com
WeExchange - AUD (Direct Bank Transfers), CAD (Interac), USD BTC Exchange & Options Trading
KCBitcoin
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September 24, 2013, 03:36:46 AM
 #13997

I second bitfunder, have used it for a while and Ukyo has always been a stand up guy.  Now that btct.co is closing, bitfunder will end up being the high volume exchange. (fee's are still high however)

High fees from one perspective, low fees from another.
I have spent far more on lawyers for BF than BF has ever potentially ever made.

plz spend some of it on improving user trading experience plz
The site is crazily slow comparing to btct.
Ukyo
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September 24, 2013, 03:38:22 AM
 #13998

plz spend some of it on improving user trading experience plz
The site is crazily slow comparing to btct.

Agreed, new updates/systems are in the works.

BitFunder - Asset Exchange Marketplace https://bitfunder.com
WeExchange - AUD (Direct Bank Transfers), CAD (Interac), USD BTC Exchange & Options Trading
Kushedout
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September 24, 2013, 03:40:21 AM
 #13999

 Bitfunder for sure.

KCBitcoin
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September 24, 2013, 03:41:41 AM
 #14000

plz spend some of it on improving user trading experience plz
The site is crazily slow comparing to btct.

Agreed, new updates/systems are in the works.
Thank you, Ukyo.
If the speed of Bitfunder is increased, u have my vote for relisting Labcoin shares on.
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