1Pakis
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July 31, 2013, 12:21:59 PM |
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It's 14:23 in Sweden
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Tips are welcome at this address 18DVZkpSwmejPjekX3QMKvRRtR8Bfx65LN.
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gimme_bottles
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July 31, 2013, 12:23:33 PM |
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May I ask when the trading will start?
A potential Investor.
they said during US business hours
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1Pakis
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July 31, 2013, 12:24:48 PM |
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May I ask when the trading will start?
A potential Investor.
they said during US business hours Where did they say that?
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Tips are welcome at this address 18DVZkpSwmejPjekX3QMKvRRtR8Bfx65LN.
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Franktank
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July 31, 2013, 12:27:09 PM |
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The cost of a 28nm wafer is more or less the same as a 130nm wafer. The only real difference is NRE cost and having the expertise to develop on 28nm, that's the real bet.
Bitfury went full-custom standard cell and it worked OK for them, but that's the risk of going full-custom at first. You have the same risk, since your 130nm chip has a lot of sketchy specs. I would rather you commented on those, especially on the part where you claim to develop a faster and more power efficient chip than BFL (also standard cell) with transistors that have DOUBLE the size (130nm vs 65nm) and require much higher voltages (power consumption scales with the square of voltage).
The graph above is for ANY ASIC manufacturer, as it compares a Normalized Transistor Cost (wafer cost + packaging + etc) to a timeline, based on yields/wafer, die sizes and wafer cost. The production costs on new die sizes quickly go down after some time.
And you make a valid point, really. The question is timing. Look at BFL and potentially KnC. Avalon and ASICMiner went with the larger die size. ASICMiner deployed en mass first. Avalon shipped their miners first. Sure, go for the 28 nm but if it takes you 2-4 months longer to receive and deploy, do you still have the advantage? Those that chose the larger die have been mining and now have funds for more R & D. Pick your poison.
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gimme_bottles
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July 31, 2013, 12:27:43 PM |
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May I ask when the trading will start?
A potential Investor.
they said during US business hours Where did they say that? a few pages earlier: I would like a confirmation on if yes/no you will give 24-48 hours notice on the IPO? I need to juggle some funds around before I buy and want to make sure I do it in time. thanks We aim to launch the IPO as fast as possible after we are approved by anough votes. That said we will give between 16-24 hours notice before the start of share sales. We will also attempt to place the sale during US business hours. D
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hammurabi
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July 31, 2013, 12:27:52 PM |
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May I ask when the trading will start?
A potential Investor.
they said during US business hours Where did they say that? He said that trading will start from 16 to 24 hours after his announcement.
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BTC: 1Hpk4rWpP3gACJhXHn8VkeNp4usdQmfuVY LTC: LM5p7X9dTsWj14G2VQeJKuntVUc6GsPnDp
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dexX7
Legendary
Offline
Activity: 1106
Merit: 1026
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July 31, 2013, 12:33:41 PM |
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Survey + discussion:What do you want to happen and expect Labcoin to do in reference to this IPO? Currently there are bids with a value of 10.2k BTC down till 0.001 which means holders of about 3.2k BTC would get left behind. Initial announcement:We are aiming to get approved early this week. As soon as approval is given we will set a time for release of the entire IPO batch of BTC7.000 (7.000.000 shares @ 0.001 BTC each) We aim to launch the IPO as fast as possible after we are approved by anough votes. That said we will give between 16-24 hours notice before the start of share sales. We will also attempt to place the sale during US business hours. Possible outcomes: - Get those 7M shares in ASAP and without further announcement. - Breach of contract. - Announce time for trading start and leave the rest to the community. - People pay a value higher than initial IPO price and start to outbid. - Stop trading/block order placing, wipe all open orders and announce the official start. - btct.co will probably go down under the load, but imho this feels like the cleanest solution. - ? ? ? ? Anyway. I hope trading starts soon...
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ThickAsThieves
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July 31, 2013, 12:36:59 PM |
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Hehe, you guys don't even hold shares yet and already you have demands. This is awesome
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joris
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July 31, 2013, 12:38:01 PM |
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It's 14:23 in Sweden
TheSwede ain't there no more.
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;-)
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Bitcycle
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July 31, 2013, 12:38:49 PM |
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This has been handled very poorly and is bound to end up as a disaster with many unhappy investors.
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Vbs
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July 31, 2013, 12:41:21 PM |
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And you make a valid point, really. The question is timing. Look at BFL and potentially KnC. Avalon and ASICMiner went with the larger die size. ASICMiner deployed en mass first. Avalon shipped their miners first. Sure, go for the 28 nm but if it takes you 2-4 months longer to receive and deploy, do you still have the advantage? Those that chose the larger die have been mining and now have funds for more R & D. Pick your poison.
Indeed, time to market is very important (especially with bigger dies), but their 130nm delivery estimates are on Q4 2013, right where every 28nm chip maker is also going also... The last months of 2013 are going to be pretty interesting indeed. http://labcoin.com/docs/2.jpg
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bobboooiie
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July 31, 2013, 12:41:51 PM |
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This has been handled very poorly and is bound to end up as a disaster with many unhappy investors.
What was handled poorly ? noting happened yet
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Smidge
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July 31, 2013, 12:42:22 PM |
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This has been handled very poorly and is bound to end up as a disaster with many unhappy investors.
This, yes.
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BTC: 19dB148YewttZRVwF7WF8ZuT7uqnnjibkC LTC: LPBi1LPqs1MY1tQKQ4wGG6gjwrcszFek6s
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E.Sam
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July 31, 2013, 12:43:37 PM |
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This has been handled very poorly and is bound to end up as a disaster with many unhappy investors.
I don't think they, or as a matter of fact anyone else, could have anticipated such situation. The IPO has yet to begin, so no investors yet. I think the unhappy one might be the non-investors who got their bid left out.
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davos
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July 31, 2013, 12:44:16 PM |
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Just a quick update for people bidding on this IPO: When 7,000,000 shares are sold by issuer at 0.001 - All bids in equal to or greater than 0.001006 will be filled
- 178855 shares bid at 0.001005 will be filled
- Any lower bids will NOT be filled.
As of the last time I pulled it (so 12:44 forumtime)
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TaxReturn
Member
Offline
Activity: 67
Merit: 10
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July 31, 2013, 12:50:04 PM |
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This has been handled very poorly
What? IPO on BTCT working like it does? It's completely normal, quit the whining. many unhappy investors.
There are always many unhappy investors, price too low, price too high, price too average, somebody is always crying and screaming "unfair".
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vlaoou321
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July 31, 2013, 12:54:30 PM |
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TheSwede75 offline now has more than 8 hours
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JWU90
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July 31, 2013, 12:54:51 PM |
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Just a quick update for people bidding on this IPO: When 7,000,000 shares are sold by issuer at 0.001 - All bids in equal to or greater than 0.001006 will be filled
- 178855 shares bid at 0.001005 will be filled
- Any lower bids will NOT be filled.
As of the last time I pulled it (so 12:44 forumtime) thanks for update
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vlaoou321
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July 31, 2013, 12:57:54 PM |
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This has been handled very poorly and is bound to end up as a disaster with many unhappy investors.
This, yes. +111
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