Bitcoin Forum
April 25, 2024, 03:28:59 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  

Warning: Moderators do not remove likely scams. You must use your own brain: caveat emptor. Watch out for Ponzi schemes. Do not invest more than you can afford to lose.

Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 [15] 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 ... 914 »
  Print  
Author Topic: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)  (Read 1079977 times)
1Pakis
Full Member
***
Offline Offline

Activity: 227
Merit: 100



View Profile
July 31, 2013, 12:21:59 PM
 #281

It's 14:23 in Sweden

Tips are welcome at this address 18DVZkpSwmejPjekX3QMKvRRtR8Bfx65LN.
1714058939
Hero Member
*
Offline Offline

Posts: 1714058939

View Profile Personal Message (Offline)

Ignore
1714058939
Reply with quote  #2

1714058939
Report to moderator
You get merit points when someone likes your post enough to give you some. And for every 2 merit points you receive, you can send 1 merit point to someone else!
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1714058939
Hero Member
*
Offline Offline

Posts: 1714058939

View Profile Personal Message (Offline)

Ignore
1714058939
Reply with quote  #2

1714058939
Report to moderator
gimme_bottles
Sr. Member
****
Offline Offline

Activity: 316
Merit: 250



View Profile
July 31, 2013, 12:23:33 PM
 #282

May I ask when the trading will start?

A potential Investor.

they said during US business hours
1Pakis
Full Member
***
Offline Offline

Activity: 227
Merit: 100



View Profile
July 31, 2013, 12:24:48 PM
 #283

May I ask when the trading will start?

A potential Investor.

they said during US business hours

Where did they say that?

Tips are welcome at this address 18DVZkpSwmejPjekX3QMKvRRtR8Bfx65LN.
afrotec
Full Member
***
Offline Offline

Activity: 127
Merit: 100


Coinnoisseur


View Profile
July 31, 2013, 12:26:28 PM
 #284

May I ask when the trading will start?

A potential Investor.

they said during US business hours

Where did they say that?

Probably this thread...
Edit: https://bitcointalk.org/index.php?topic=263445.msg2835395#msg2835395
Franktank
Hero Member
*****
Offline Offline

Activity: 560
Merit: 500



View Profile
July 31, 2013, 12:27:09 PM
 #285

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.
gimme_bottles
Sr. Member
****
Offline Offline

Activity: 316
Merit: 250



View Profile
July 31, 2013, 12:27:43 PM
 #286

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 Smiley

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
hammurabi
Full Member
***
Offline Offline

Activity: 223
Merit: 100



View Profile
July 31, 2013, 12:27:52 PM
 #287

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.

BTC:    1Hpk4rWpP3gACJhXHn8VkeNp4usdQmfuVY
LTC:    LM5p7X9dTsWj14G2VQeJKuntVUc6GsPnDp
dexX7
Legendary
*
Offline Offline

Activity: 1106
Merit: 1024



View Profile WWW
July 31, 2013, 12:33:41 PM
 #288

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... Grin

ThickAsThieves
Hero Member
*****
Offline Offline

Activity: 518
Merit: 500



View Profile
July 31, 2013, 12:36:59 PM
 #289

Hehe, you guys don't even hold shares yet and already you have demands. This is awesome  Cool
joris
Full Member
***
Offline Offline

Activity: 141
Merit: 100


View Profile
July 31, 2013, 12:38:01 PM
 #290

It's 14:23 in Sweden


TheSwede ain't there no more.

;-)
Bitcycle
Sr. Member
****
Offline Offline

Activity: 420
Merit: 250


View Profile
July 31, 2013, 12:38:49 PM
 #291



This has been handled very poorly and is bound to end up as a disaster with many unhappy investors.
Vbs
Hero Member
*****
Offline Offline

Activity: 504
Merit: 500


View Profile
July 31, 2013, 12:41:21 PM
 #292

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. Grin

http://labcoin.com/docs/2.jpg
bobboooiie
Hero Member
*****
Offline Offline

Activity: 656
Merit: 500



View Profile
July 31, 2013, 12:41:51 PM
 #293



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
Smidge
Full Member
***
Offline Offline

Activity: 218
Merit: 100


View Profile
July 31, 2013, 12:42:22 PM
 #294



This has been handled very poorly and is bound to end up as a disaster with many unhappy investors.

This, yes.

BTC: 19dB148YewttZRVwF7WF8ZuT7uqnnjibkC
LTC: LPBi1LPqs1MY1tQKQ4wGG6gjwrcszFek6s
E.Sam
Sr. Member
****
Offline Offline

Activity: 393
Merit: 250



View Profile WWW
July 31, 2013, 12:43:37 PM
 #295



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.
davos
Member
**
Offline Offline

Activity: 106
Merit: 10



View Profile WWW
July 31, 2013, 12:44:16 PM
 #296

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)

TaxReturn
Member
**
Offline Offline

Activity: 67
Merit: 10


View Profile
July 31, 2013, 12:50:04 PM
 #297



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".
vlaoou321
Sr. Member
****
Offline Offline

Activity: 266
Merit: 250


View Profile
July 31, 2013, 12:54:30 PM
 #298

TheSwede75 offline now has more than 8 hours

Reputation https://bitcointalk.org/index.php?topic=198808.new#new
Tip: 1CtNCGTyhVkp6AzRwhTsqjkWgwCqk1vSjA
JWU90
Full Member
***
Offline Offline

Activity: 203
Merit: 100


View Profile
July 31, 2013, 12:54:51 PM
 #299

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
vlaoou321
Sr. Member
****
Offline Offline

Activity: 266
Merit: 250


View Profile
July 31, 2013, 12:57:54 PM
 #300



This has been handled very poorly and is bound to end up as a disaster with many unhappy investors.

This, yes.
+111

Reputation https://bitcointalk.org/index.php?topic=198808.new#new
Tip: 1CtNCGTyhVkp6AzRwhTsqjkWgwCqk1vSjA
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 [15] 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 ... 914 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!