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Author Topic: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)  (Read 1079977 times)
bitcoiner49er
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July 31, 2013, 07:25:21 PM
 #781

The fact remains if you have a legit bid, you will get something. 20, 30, 40%? Who knows, but it is better IMHO than an 8:00 mad dash with server crashes and only a few people get shares.

Homo doctus is se semper divitias habet
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ShroomsKit
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July 31, 2013, 07:25:59 PM
 #782

Hysteria has reach all time high.

+1

+1

My confirmation is at 2/3, let's hope I can get the coins in time before the cutoff to buy more shares!

Still nothing here. 30 minutes left.

Its price is not a very relevant factor in its adoption....
TheSwede75 (OP)
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July 31, 2013, 07:27:44 PM
 #783

I was asked to clarify the process regarding share purchase/stocks etc.

Burnside is writing a custom script to execute orders between the freeze-time and the public trading start.

The BTC that is held for orders and not filled will simply remain in the investors wallet (or be returned, not 100% how he handles this technically).

Say you are trying to purchase 10.000 shares at 0.001 and you are allotted 4.000 shares. This would mean that once open-trading starts you will have 6 BTC in your wallet and own 4.000 shares @ 0.001 BTC.

I hope this clarifies (as far as I understand) how the solution will work.

Burnside, am I correct here?
Morblias
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July 31, 2013, 07:28:51 PM
 #784

weird - my 1/3 confirms at btctc just disappeared  

I had 2/3 confirms, then it hit 3/3 and it disappeared. It still shows I have 0 BTC even though I just hit 3/3 confirms on the BTC I transferred to BTC-TC

Tips / Donations accepted: 1Morb18DsDHNEv6TeQXBdba872ZSpiK9fY
bryan567
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July 31, 2013, 07:29:42 PM
 #785

Had the (+XXBTC 2/3 confirmations) tag next to my balance on btct.co then when I hit 4 confimations, that went away and my balance is still 0!!! NOOOOOO,,, anyone else having deposit issues with fully confirmed transactions?!
ShroomsKit
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July 31, 2013, 07:31:02 PM
 #786

Had the (+XXBTC 2/3 confirmations) tag next to my balance on btct.co then when I hit 4 confimations, that went away and my balance is still 0!!! NOOOOOO,,, anyone else having deposit issues with fully confirmed transactions?!

I have 7 confirmations in my wallet.

Its price is not a very relevant factor in its adoption....
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July 31, 2013, 07:31:17 PM
 #787

weird - my 1/3 confirms at btctc just disappeared  

I had 2/3 confirms, then it hit 3/3 and it disappeared. It still shows I have 0 BTC even though I just hit 3/3 confirms on the BTC I transferred to BTC-TC

Bitcoin aren't appearing on my account either, even after 12 confirmations. They do appear in the deposit history though.
TheSwede75 (OP)
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July 31, 2013, 07:31:24 PM
 #788

UPDATE:

I also would like to urge everyone not to 'freak out' if something odd happens to order depth, placed orders or other details on BTCT.CO at freeze time. The way Burnside is handling the share-disbursement is brand new and I would just assume that it is possible that it may interfere with the way 'things look' for a few hours. I hope I am not jinxing the process by pointing this out, but I would ask that everyone give Burnside a little time to 'work'. I am sure he has copies of the order depth database etc.

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July 31, 2013, 07:31:29 PM
 #789

Had the (+XXBTC 2/3 confirmations) tag next to my balance on btct.co then when I hit 4 confimations, that went away and my balance is still 0!!! NOOOOOO,,, anyone else having deposit issues with fully confirmed transactions?!

Yup!

I sent coins nearly 3 hours ago ... still not in my account.

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July 31, 2013, 07:31:29 PM
 #790

Had the (+XXBTC 2/3 confirmations) tag next to my balance on btct.co then when I hit 4 confimations, that went away and my balance is still 0!!! NOOOOOO,,, anyone else having deposit issues with fully confirmed transactions?!

Everyone is having problems with deposits. Hopefully they will post in 29 minutes
jerfelix
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July 31, 2013, 07:31:48 PM
 #791

I'm real anxious to see how this ends up, given that the time is mentioned in EST and CST - meanwhile much of the East coast and Central is in Daylight Savings Time right now.

The current time in EST is 2:32.
http://www.thetimenow.com/est/eastern_standard_time
oxfeeefeee
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July 31, 2013, 07:31:52 PM
 #792

I was asked to clarify the process regarding share purchase/stocks etc.

Burnside is writing a custom script to execute orders between the freeze-time and the public trading start.

The BTC that is held for orders and not filled will simply remain in the investors wallet (or be returned, not 100% how he handles this technically).

Say you are trying to purchase 10.000 shares at 0.001 and you are allotted 4.000 shares. This would mean that once open-trading starts you will have 6 BTC in your wallet and own 4.000 shares @ 0.001 BTC.

I hope this clarifies (as far as I understand) how the solution will work.

Burnside, am I correct here?

Can anybody explain why deposits went from "2/3 confirmation" to missing?
DR3AMR2
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July 31, 2013, 07:32:12 PM
 #793

Hysteria has reach all time high.

+1

+1

My confirmation is at 2/3, let's hope I can get the coins in time before the cutoff to buy more shares!

Still nothing here. 30 minutes left.


All of my confirmations disappeared and I don't see my additional BTC anywhere.  I'm guessing the system is overloaded and it'll take awhile before it is fix. Sad
ShroomsKit
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July 31, 2013, 07:32:36 PM
 #794

UPDATE:

I also would like to urge everyone not to 'freak out' if something odd happens to order depth, placed orders or other details on BTCT.CO at freeze time. The way Burnside is handling the share-disbursement is brand new and I would just assume that it is possible that it may interfere with the way 'things look' for a few hours. I hope I am not jinxing the process by pointing this out, but I would ask that everyone give Burnside a little time to 'work'. I am sure he has copies of the order depth database etc.



And what about those who's coins don't show up and won't buy able to bid in time?

Its price is not a very relevant factor in its adoption....
bryan567
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July 31, 2013, 07:32:57 PM
 #795

weird - my 1/3 confirms at btctc just disappeared  

I had 2/3 confirms, then it hit 3/3 and it disappeared. It still shows I have 0 BTC even though I just hit 3/3 confirms on the BTC I transferred to BTC-TC

same boat here... hopefully this clears up before the cut off.
klee
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July 31, 2013, 07:33:25 PM
 #796

Will we hit 100 pages? Bet!
camu6
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July 31, 2013, 07:33:35 PM
 #797

I was asked to clarify the process regarding share purchase/stocks etc.

Burnside is writing a custom script to execute orders between the freeze-time and the public trading start.

The BTC that is held for orders and not filled will simply remain in the investors wallet (or be returned, not 100% how he handles this technically).

Say you are trying to purchase 10.000 shares at 0.001 and you are allotted 4.000 shares. This would mean that once open-trading starts you will have 6 BTC in your wallet and own 4.000 shares @ 0.001 BTC.

I hope this clarifies (as far as I understand) how the solution will work.

Burnside, am I correct here?

A huge amount of people, waited for 2 hours now to get their BTC on btc-tc. You should adress this matter immediately!
Ytterbium
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July 31, 2013, 07:33:38 PM
 #798

We're up to 17.4 mill shares.  So we should all get about 40% of what we asked for, unless there's a last minute flood.

wiak2
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July 31, 2013, 07:33:46 PM
 #799

We're at 17.422 million, so around 40% of everyone's order being filled.  I think it may be wiser for investors to put their money into other declining assets at this point as they will probably rebound once this is over.
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July 31, 2013, 07:34:03 PM
 #800



And what about those who's coins don't show up and won't buy able to bid in time?

Trade opens at 8pm EST I think. Plenty of coins available then.
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