[HAVELOCK] SCRYPT 4 GH/s hosted scrypt mining project by CRYPTX

[pedrog]

wow I almost missed it... I feel like BTCT days are almost back 23 min

Probably they didn't plan it to go this quick as they still haven't opened batch #2 for trading.

Batch #2 is on.

PETA also seems picking up some momentum.

what momentum, it just looks like people selling out of peta to get into scryptx(it would be nice if havelock showed the direction of the buy/sell)

i see the second batch price but not where you can actually buy it

Well, PETA is the second most traded fund on Havelock...

[Usman056]

lol someone bought the .041 ipo instead of the .0395 ipo..

[stompysteve]

which one of you bought a batch 3 share @ ฿0.0410

 

EDIT
which one of you is buying multiple shares

havelock you should delist until the previous batch is sold

[currencydebt]

And batch one is sold in 23 minutes...

Quite nice how quick 380BTC or roughly $170k is being raised.

Batch #2 will take a bit longer that for sure.

Let's see if cryptx can keep up with his promise to have some units hashing on the 15th this month.

Are you sure we aren't hashing immediately? I might have misread something, but I thought we started hashing the moment we sold the first 10,000 shares, meaning we are hashing today.

[Anonylz]

And batch one is sold in 23 minutes...

Quite nice how quick 380BTC or roughly $170k is being raised.

Batch #2 will take a bit longer that for sure.

Let's see if cryptx can keep up with his promise to have some units hashing on the 15th this month.

Are you sure we aren't hashing immediately? I might have misread something, but I thought we started hashing the moment we sold the first 10,000 shares, meaning we are hashing today.

I second that, but maybe it said deployment will start when 10K shares are sold. I will check the prospectus when I am on my other computer.

[babcoccl]

And batch one is sold in 23 minutes...

Quite nice how quick 380BTC or roughly $170k is being raised.

Batch #2 will take a bit longer that for sure.

Let's see if cryptx can keep up with his promise to have some units hashing on the 15th this month.

Are you sure we aren't hashing immediately? I might have misread something, but I thought we started hashing the moment we sold the first 10,000 shares, meaning we are hashing today.

I second that, but maybe it said deployment will start when 10K shares are sold. I will check the prospectus when I am on my other computer.

I believe they aren't starting to deploy until mid May. The whole 10K shares thing was if they didn't break it, there would be no project deployed.

[mikemikemike]

Round 2's nearly complete. Less than 1000 to go.

[Benny1985]

What's the maximum number of tranches they are doing?

[Korbman]

What's the maximum number of tranches they are doing?

10 ...10,000 units in each one.

[Korbman]

So I may have missed the answers, but I have two questions that tie into each other:

1) Since dividends are paid in Bitcoin, which exchange(s) will be used to convert any mined altcoins into Bitcoin?
2) Given your projections, you'll be mining 5,000+ Litecoins each week (more at the beginning of course). How do you plan on converting that volume of currency to Bitcoin without disrupting the normal 'ebb and flow'?

With PETA, there were really two primary variables; network difficulty and BTC/Fiat price.
With SCRYPT-X, there are now three; altcoin difficulty (or difficulties), BTC/Fiat price, BTC/Altcoin price. It's like buying gold so you can speculate on the price of silver.

1) We can trade them on the ghash.io and BTC-E exchange (or any other exchange that has good liquidity and rates).
2) We will convert alt-coins each day, both exchanges provide enough liquidity to not disrupt the market.

Thanks for the clarification. I suppose only time will tell how altcoin price and volume fluctuations effect dividends.

[EnJoyThis]

Round 2's nearly complete. Less than 1000 to go.

I think after friday's dividend payment of PETA we will see some extra buying in SCRYPT-X.

[stompysteve]

Batch 2 sold out

[cryptoconomist]

37 shares got sold at the wrong price it seems... correct?

[EnJoyThis]

37 shares got sold at the wrong price it seems... correct?

correct, but now batch2 is sold out which would mean they are sold at the right price ;-) only a bit too early lol

[DebitMe]

Any ideas on when it will be open for open market trading?  it seems it opens up for a few minutes after each batch sells out, then they close it.

[cryptoconomist]

37 shares got sold at the wrong price it seems... correct?

correct, but now batch2 is sold out which would mean they are sold at the right price ;-) only a bit too early lol

Lats price used to show 0.0395 not 0.041

its correct indeed now (time adjustment I guess)

[pedrog]

37 shares got sold at the wrong price it seems... correct?

I think trading was open for a brief moment, maybe some kind of mistake.

[spazzcat]

37 shares got sold at the wrong price it seems... correct?

I think trading was open for a brief moment, maybe some kind of mistake.

It was open, I saw shares listed at 1 btc each.

[cryptoconomist]

I think their will be only 3 batch for sell, just a feeling I'm getting... Cryptx will keep 2 batch on the side for now

[pedrog]

I think their will be only 3 batch for sell, just a feeling I'm getting... Cryptx will keep 2 batch on the side for now

4th batch is ready and in line.