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Author Topic: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)  (Read 1079883 times)
jackcc
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July 31, 2013, 05:05:10 AM
 #141

3 vote now , can we buy shares immediately when reach the 5 vote ?
+1
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Even in the event that an attacker gains more than 50% of the network's computational power, only transactions sent by the attacker could be reversed or double-spent. The network would not be destroyed.
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Ytterbium
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July 31, 2013, 05:07:52 AM
 #142

I am not sure I am the person to do so, but from everything I have discussed with the team Labcoin is ready for first run as soon as the funds are available for running it. This is also the case for volume production. One of the main factors behind the lower density choice (130nm) for first generation chips is the time-to-market advantage that production availability gives. (There is plenty of availability for 130 nm production, while 28 nm and even 65 nm production has long booking times and few shuttles at far fewer foundries).

KnC and HashFast seem to have gotten really good access, probably through their partnerships with Uniquify and ORSoC

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July 31, 2013, 05:27:40 AM
 #143

3 vote now , can we buy shares immediately when reach the 5 vote ?
four now. woh woh woh.
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July 31, 2013, 05:30:44 AM
 #144

5 vote now.
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July 31, 2013, 05:31:04 AM
 #145

They said they'd give a 16-24h window for people to get things setup to participate in the IPO.

5 vote now.

Interesting...  I'd like to see more competition besides huge companies spending millions on 28nm chips.

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July 31, 2013, 05:31:09 AM
 #146

3 vote now , can we buy shares immediately when reach the 5 vote ?

No. The issuer has to unlock the security to allow trading to begin once the 5 votes have been made and they've said that they'll give 16-24 hours notice once that happens.

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July 31, 2013, 05:32:06 AM
 #147

5 vote now.

It's up:
https://btct.co/security/LABCOIN
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July 31, 2013, 05:32:28 AM
 #148

5 vote now.
wow, that was fast. Listed already!
vlaoou321
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July 31, 2013, 05:34:04 AM
 #149

wow

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Vigil
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July 31, 2013, 05:43:48 AM
 #150

can we purchase shares now? I thought they were giving warning.
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July 31, 2013, 05:44:12 AM
 #151

Wow, that was fast! Congrats!
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July 31, 2013, 05:45:04 AM
 #152

Why is someone trying to buy higher then the IPO price??
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July 31, 2013, 05:46:53 AM
 #153

Why is someone trying to buy higher then the IPO price??
he is stupid

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July 31, 2013, 05:49:26 AM
 #154

watching
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July 31, 2013, 05:50:32 AM
 #155

Why is someone trying to buy higher then the IPO price??
he is stupid

Price manipulation attempts already! Wink Enjoy your 4 overpriced shares, whoever you are.

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July 31, 2013, 05:50:58 AM
 #156

Now there are two bids higher then the IPO...the blind leading the blind here.
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July 31, 2013, 05:51:27 AM
 #157

They gave no warning. IPO shares started selling at 1:50 AM in US - they said they would start during US Business day.

No - those are buy orders and they are not being executed until the issuer unlocks the security.

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July 31, 2013, 05:51:50 AM
 #158

They gave no warning. IPO shares started selling at 1:50 AM in US - they said they would start during US Business day.

Make sure you know what you're talking about before speaking. People have put up bids, NO shares have been sold yet.
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July 31, 2013, 05:54:38 AM
 #159

They gave no warning. IPO shares started selling at 1:50 AM in US - they said they would start during US Business day.

Make sure you know what you're talking about before speaking. People have put up bids, NO shares have been sold yet.

OK. OK.

Why are people putting in bids for much less than the IPO price?
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July 31, 2013, 05:55:50 AM
 #160

Interesting to see this play out - what happens if more bids are placed then shares when the IPO occurs?  Are the shares divided evenly based on order size, or is it first-come first serve (Which would defeat the purpose of the lock, as far as I can tell)

OK. OK.

Why are people putting in bids for much less than the IPO price?

If the price drops after opening, they may pick it up cheaply

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