Bitcycle
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August 12, 2013, 06:46:19 PM |
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I think people are going to play the rises on Active Mining and Labcoin then sell. I wouldn't be surprised to see one or both spike and then drop back some.
Maybe they'll go AM long term, but short term there's not much gain to be had.
Remember this is money people put into an IPO. They weren't looking for safe, they were looking for gains.
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ajk
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August 12, 2013, 06:47:06 PM |
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Lol labcoin .0019 thats sexy
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velacreations
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August 12, 2013, 06:51:19 PM |
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I think people are going to play the rises on Active Mining and Labcoin then sell. I wouldn't be surprised to see one or both spike and then drop back some.
Maybe they'll go AM long term, but short term there's not much gain to be had.
Remember this is money people put into an IPO. They weren't looking for safe, they were looking for gains.
Yes, that's true, though I think some people were into this IPO for the long term. I do agree that people will play rises and sell on AcM and Labcoin (mostly Labcoin). Some people are going to lose a lot doing that, too (just the nature of the beast). I do think there are gains to be had short term with AM, but when I say short term, I mean 1-2 weeks, not 1-2 hours.
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burnside
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Lead Blockchain Developer
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August 12, 2013, 07:02:14 PM |
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The buyback is complete.
I would like to note that the trade history will show that everyone paid a transaction fee. That is actually incorrect, there is a display bug where the trade history assumes a transaction fee.
The buyback was at 0.01604 to cover your initial purchase transaction fee, and in the buyback itself the transaction fees were waived on both the buyer and seller side.
(tl;dr, it's a display bug.)
Cheers.
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str4wm4n
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August 12, 2013, 07:28:14 PM |
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I knew they were going to fail from day 1 with a name like BTCGARDEN...BTC are mined..not grown. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif)
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boyohi
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 12, 2013, 07:35:54 PM |
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I knew they were going to fail from day 1 with a name like BTCGARDEN...BTC are mined..not grown. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) Should have seen it coming
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twentyseventy
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August 12, 2013, 08:02:20 PM |
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I knew they were going to fail from day 1 with a name like BTCGARDEN...BTC are mined..not grown. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) I think the 'Garden' name was a very Chinese touch...
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dhenson
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August 12, 2013, 08:11:49 PM |
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The buyback is complete.
I would like to note that the trade history will show that everyone paid a transaction fee. That is actually incorrect, there is a display bug where the trade history assumes a transaction fee.
The buyback was at 0.01604 to cover your initial purchase transaction fee, and in the buyback itself the transaction fees were waived on both the buyer and seller side.
(tl;dr, it's a display bug.)
Cheers.
Thank you Burnside!
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VolanicEruptor
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August 12, 2013, 08:20:23 PM |
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I knew they were going to fail from day 1 with a name like BTCGARDEN...BTC are mined..not grown. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) I get the same feeling when I look at the name "Icedrill". Sounds like a name a 12 year old made it up. We're not drilling in the arctic here, we're just mining bitcoins ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif)
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dhenson
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August 12, 2013, 08:29:08 PM |
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Anyone else find this incredibly ironic? ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FwtUnCkf.png&t=665&c=_Rno_DOspAVR-g)
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iCEBREAKER
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Crypto is the separation of Power and State.
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August 12, 2013, 08:46:55 PM |
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I knew they were going to fail from day 1 with a name like BTCGARDEN...BTC are mined..not grown.
I get the same feeling when I look at the name "Icedrill". Sounds like a name a 12 year old made it up. We're not drilling in the arctic here, we're just mining bitcoins Hurr Durr, yah that is soe troo! And wut is a 'Neuromancer' anyway? Wasn't that the horse that won the Kentucky Derby? Derrrrp! /ignorant of cypherpunk...still presumes to 'know stuff' about Bitcoin ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif)
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██████████ ██████████████████ ██████████████████████ ██████████████████████████ ████████████████████████████ ██████████████████████████████ ████████████████████████████████ ████████████████████████████████ ██████████████████████████████████ ██████████████████████████████████ ██████████████████████████████████ ██████████████████████████████████ ██████████████████████████████████ ████████████████████████████████ ██████████████ ██████████████ ████████████████████████████ ██████████████████████████ ██████████████████████ ██████████████████ ██████████ Monero
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| "The difference between bad and well-developed digital cash will determine whether we have a dictatorship or a real democracy." David Chaum 1996 "Fungibility provides privacy as a side effect." Adam Back 2014
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jdany
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August 12, 2013, 08:47:12 PM |
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That sucks. Terrible timing.
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canth
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August 12, 2013, 08:47:48 PM |
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The buyback is complete.
I would like to note that the trade history will show that everyone paid a transaction fee. That is actually incorrect, there is a display bug where the trade history assumes a transaction fee.
The buyback was at 0.01604 to cover your initial purchase transaction fee, and in the buyback itself the transaction fees were waived on both the buyer and seller side.
(tl;dr, it's a display bug.)
Cheers.
Thanks to Burnside and BTC Garden for setting the failed IPO gold standard. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Granted this wasn't exactly the outcome that we were all wishing for, but it should give some faith to the community that there are trusted players who will see things through even when things go awry.
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canth
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August 12, 2013, 08:49:24 PM |
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Anyone else find this incredibly ironic? ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FwtUnCkf.png&t=665&c=_Rno_DOspAVR-g) It goes to show that even though BTC Garden lost a bunch of funds on this project, they were willing to put investors first above their own interests.
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limbaugh
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August 12, 2013, 08:55:36 PM |
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It goes to show that even though BTC Garden lost a bunch of funds on this project, they were willing to put investors first above their own interests.
This is really a shame as they were most likely the only public company with the ability to take a shot at the hash rate title.
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Stuartuk
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August 12, 2013, 08:56:53 PM |
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Good job with the refund, best of luck in the future to our trustworthy Chinese brothers.
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HeRetiK
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Playgram - The Telegram Casino
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August 12, 2013, 09:18:14 PM |
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Welp, that's one horse less in the race. At least for now. Good job on the smooth resolvance of this issue!
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▄▄███████▄▄███████ ▄███████████████▄▄▄▄▄ ▄████████████████████▀░ ▄█████████████████████▄░ ▄█████████▀▀████████████▄ ██████████████▀▀█████████ █████████████████████████ ██████████████▄▄█████████ ▀█████████▄▄████████████▀ ▀█████████████████████▀░ ▀████████████████████▄░ ▀███████████████▀▀▀▀▀ ▀▀███████▀▀███████ | ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ Playgram.io ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | ▄▄▄░░ ▀▄ █ █ █ █ █ █ █ ▄▀ ▀▀▀░░
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kokojie
Legendary
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Merit: 1003
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August 12, 2013, 09:29:48 PM |
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Anyone else find this incredibly ironic? ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FwtUnCkf.png&t=665&c=_Rno_DOspAVR-g) Not really, they are still going to do the project on their own, they are VERY well funded already. Their IPO's main purpose was really marketing for their upcoming hardware sale.
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btc: 15sFnThw58hiGHYXyUAasgfauifTEB1ZF6
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VolanicEruptor
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August 12, 2013, 09:31:13 PM |
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that's the dumbest thing I've ever heard.. this wasn't a marketing campaign ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif)
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freedomno1
Legendary
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Merit: 1090
Learning the troll avoidance button :)
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August 12, 2013, 09:35:02 PM |
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I thought that those ads were paid for before this but I don't really know lol
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Believing in Bitcoins and it's ability to change the world
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