Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)
So I come back and something is happening in 7 mins (from what I can tell?). It'll take me 20 mins to read all the new posts in this thread. Can someone fill me in so I don't miss whatever is happening in 6 mins? 
They are going to take all the orders submitted by 3PM CDT, then divide the shares up based on how many everyone ordered.
People are mad because their deposits are taking too long to go through, and they won't be able to bid in time.
The problem is, if BTC was flowing freely into the system, people would be overbidding by 2x, 3x, 4x how ever much they actually wanted in hopes of getting that much, and people without massive amounts of BTC would be SOL.