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Author Topic: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)  (Read 1039759 times)
freedomno1
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August 01, 2013, 06:54:35 AM
 #1401

Last week on All My Bitcoins:
 
Quote
OMG Activemining messed up their IPO they are so doomed.   Shocked   OMG Weex & Bitfunder  are so terrible.   Cry   I hate them all and am going to BTCT.   Angry

This week on All My Bitcoins:
 
Quote
OMG Lagcoin messed up their IPO they are so doomed.   Shocked   OMG BTCT is so terrible.   Cry   I hate them all and am going to Bitfunder.   Angry

Excellent now the lag shall dissipate for a while  Cool

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1508227197
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yufu571
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August 01, 2013, 07:02:33 AM
 #1402

Next time any IPO launches should be more EU friendly.
We had to get up at night! </wining>

Not sure how the ratio between US investors and EU investor are/where tonight?
you should live in China. the time is suitable for Chinese.

GIANNAT
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August 01, 2013, 07:45:24 AM
 #1403

Well I missed the IPO but ~0.002BTC is still a very good price.

der_meister
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August 01, 2013, 07:59:58 AM
 #1404

I placed my bid @.001 ~10 mins before asset locking and went to bed. This morning I woke up and...not a single share purchased. This is completely ridiculous. Rules, times and everything must be clear at least 24 hrs before IPO. This was пълен ташак. Sad

Moving on is a simple thing,
what it leaves behind is hard...
stormos
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August 01, 2013, 08:07:49 AM
 #1405

I was effectively banned from bidding in Labcoins's IPO by jamming my BTC somewhere inside BTCT.CO
I can see my depositing transaction on blockchain and even on deposit history tab  but not on my account
No answers from support

Thanks a lot for that kind of service
Rannasha
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August 01, 2013, 08:09:34 AM
 #1406

I was effectively banned from bidding in Labcoins's IPO by jamming my BTC somewhere inside BTCT.CO
I can see my depositing transaction on blockchain and even on deposit history tab  but not on my account
No answers from support

Thanks a lot for that kind of service


As a workaround: Try to withdraw an amount larger than your current balance. The withdrawal will fail, but your account balance will be updated.
freedomno1
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August 01, 2013, 08:10:28 AM
 #1407

I was effectively banned from bidding in Labcoins's IPO by jamming my BTC somewhere inside BTCT.CO
I can see my depositing transaction on blockchain and even on deposit history tab  but not on my account
No answers from support

Thanks a lot for that kind of service


As a workaround: Try to withdraw an amount larger than your current balance. The withdrawal will fail, but your account balance will be updated.

Press refresh a few times if you haven't tried it a lot yet

GIANNAT
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August 01, 2013, 08:14:28 AM
 #1408

I placed my bid @.001 ~10 mins before asset locking and went to bed. This morning I woke up and...not a single share purchased. This is completely ridiculous. Rules, times and everything must be clear at least 24 hrs before IPO. This was пълен ташак. Sad
Yes, It is disappointing.. I went to bed with bid @ 0.0012 and not a single share was purchased, so I had to buy at 2x IPo price

burnside
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August 01, 2013, 08:22:41 AM
 #1409

I was effectively banned from bidding in Labcoins's IPO by jamming my BTC somewhere inside BTCT.CO
I can see my depositing transaction on blockchain and even on deposit history tab  but not on my account
No answers from support

Thanks a lot for that kind of service


I was clear earlier today that I wouldn't be able to keep up with the support requests.  That was the price for custom-coding a whole new IPO method on short notice.  Sad

The deposits that did not get into your balance (as displayed on the top of the screen) can be reset by hitting the "refresh" button on the wallet page or (as many discovered) by triggering a small withdrawal.  Both actions force a "re-check/balance validation" with the underlying bitcoind wallet account.

And definitely worth mentioning; the way the auction style IPO was going the first 7 million shares would have been north of 0.002 anyway.


Yes, It is disappointing.. I went to bed with bid @ 0.0012 and not a single share was purchased, so I had to buy at 2x IPo price

Hmmm... this must have been the other GIANNAT:

Code:
Jul 31 22:58:12 site-01 btct.co process_ask Sale LABCOIN to GIANNAT: 985 @ 0.00100000 BTC

Don't make me go into the shenanigans you were trying with the order editing while I was processing everything.  You're lucky I didn't completely purge your order.   Wink


I'm not a Coinbase fan -- I placed a buy order, they took the funds out of my account, then a week later the price went up and they canceled the buy and closed my account.  You've been warned.  Use a different exchange.
der_meister
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August 01, 2013, 08:23:30 AM
 #1410

I placed my bid @.001 ~10 mins before asset locking and went to bed. This morning I woke up and...not a single share purchased. This is completely ridiculous. Rules, times and everything must be clear at least 24 hrs before IPO. This was пълен ташак. Sad
so I had to buy at 2x IPo price
When I woke up the price was 0.0034 already Lips sealed

Moving on is a simple thing,
what it leaves behind is hard...
GIANNAT
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August 01, 2013, 08:36:52 AM
 #1411


Don't make me go into the shenanigans you were trying with the order editing while I was processing everything.  You're lucky I didn't completely purge your order.   Wink


Yes, probably it was my brother  Wink
Anyway I've read just now about the non working order editing function so it was my fault, sorry Burnside.. Next time I should probably check better what's going on btct with so much traffic.

cix888
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August 01, 2013, 09:02:49 AM
 #1412

It was like taking candy from a baby last night... Didn't sleep much but I can't complain about the volatility....  Roll Eyes
San1ty
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August 01, 2013, 10:17:49 AM
 #1413

Looks like it's slowly going down back to IPO price.
I guess lot's of people took the 300-400% profit and be done with it.

I wouldn't be surprised if AM's price suddenly jumped up again.

Anyway, easy money, like any IPO nowadays.

Found my posts helpful? Consider buying me a beer :-)!:
BTC - 1San1tyUGhfWRNPYBF4b6Vaurq5SjFYWk NXT - 17063113680221230777
Bitcycle
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August 01, 2013, 10:29:38 AM
 #1414

Looks like it's slowly going down back to IPO price.
I guess lot's of people took the 300-400% profit and be done with it.

I wouldn't be surprised if AM's price suddenly jumped up again.

Anyway, easy money, like any IPO nowadays.

No, it doesn't look like that at all.
San1ty
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August 01, 2013, 10:31:37 AM
 #1415

Looks like it's slowly going down back to IPO price.
I guess lot's of people took the 300-400% profit and be done with it.

I wouldn't be surprised if AM's price suddenly jumped up again.

Anyway, easy money, like any IPO nowadays.

No, it doesn't look like that at all.

To each his own opinion of course, but if you look at the chart, the trend is down.

Found my posts helpful? Consider buying me a beer :-)!:
BTC - 1San1tyUGhfWRNPYBF4b6Vaurq5SjFYWk NXT - 17063113680221230777
Bitcycle
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August 01, 2013, 10:40:16 AM
 #1416

Looks like it's slowly going down back to IPO price.
I guess lot's of people took the 300-400% profit and be done with it.

I wouldn't be surprised if AM's price suddenly jumped up again.

Anyway, easy money, like any IPO nowadays.

No, it doesn't look like that at all.

To each his own opinion of course, but if you look at the chart, the trend is down.

The "trend" being the last few hours of overnight in the US.   Sure, draw your conclusions from that.
runam0k
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August 01, 2013, 10:42:23 AM
 #1417

The "trend" being the last few hours of overnight in the US.   Sure, draw your conclusions from that.
And less than 24 hours after the IPO (unless you count the early bidding Tongue).  Seriously, short termists everywhere.
cix888
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August 01, 2013, 10:45:18 AM
 #1418

Looks like it's slowly going down back to IPO price.
I guess lot's of people took the 300-400% profit and be done with it.

I wouldn't be surprised if AM's price suddenly jumped up again.

Anyway, easy money, like any IPO nowadays.

No, it doesn't look like that at all.

To each his own opinion of course, but if you look at the chart, the trend is down.

The "trend" being the last few hours of overnight in the US.   Sure, draw your conclusions from that.

to me it looks like it's trading in a range.... +/- 0.002 to 0.003
AngelSky
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August 01, 2013, 11:03:25 AM
 #1419

As there were more than 14 mio IPO's bids before the release, the price of 0.002 is kinda the price of the IPO adjusted. 0.003 is still a good price.

USA is waking up, price will rise.

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reactor
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August 01, 2013, 11:49:50 AM
 #1420

I dunno, I purchased shares because I hope Labcoin succeeds.  That's it. 

Not gonna complain about price, but the process totally sucked.  "What we're going to do is pile on as much BTC at this rate as possible then go to %".  So when I first put in my order there were around ~8m shares purchased, by the time it closed it was almost 3x that.  Unfortunately I moved my BTC around early in anticipation of getting roughly 1000 shares, ended up with 385. 

As with anything in BTC (and life), if you are relatively new to the market (or not some BTC baron) you generally lose in these cases.  I'll be happy with my 385 for now.  The sad thing is that anyone who really is *new* to BTC sees nothing but fucked up IPO's, vaporware ASIC vendors, the Avalon and BFL camps lobbing grenades at one another, and AsicMiner retiring off of their 2013 earnings.  It is amazing people are still hopping on this bandwagon, it practically punishes you for being new. Wink
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