this is dumb so the bids over .001 are being taken what is the point of an IPO?
they arent being taken, but they represent a smaller volume than they could if they were @ 0.001
It sounds like they are being taken... someone just said that they are accepting a ratio of it, so please explain how your statement of "they are not being taken" is correct
Lol, they aren't being taken. If you bid 100,000 shares and the ratio ends up being 60%, you will end up buying 60,000 shares for .001 and the remaining btc will still be in your account.