Post
Topic
Board Securities
Re: [HAVELOCK] Dealcoin Official Thread
by
klee
on 03/09/2013, 16:29:57 UTC
Wow 516 units and done

Congrats on a successful fully sold out IPO

Looks like it sold out in under 7 minutes.  I'm impressed by the demand.

As am I but it was a fairly valued asset in my opinion for the potential demand of the market
That said I'm happy I got my holdings in those 7 minutes Smiley
Me too! I was preparing 1 week for this, learned my lesson with Labcoin - this 40% thing really hurt me I would have made much more money right now..

I'm a little out of the loop on the Labcoin thing.  What is the whole 40% thing?
They wanted 7K btc but before the IPO was initiated there were already 20K btc in the order book!
As it was FIFO people started raising their bids so BTCT and Labcoin decided to offer everyone the chance to buy by lowering the share on everyone.
Long story short we ended up purchasing 40% of what we had bid.

https://bitcointalk.org/index.php?topic=263445.msg2842172#msg2842172

Plus the wallet @ btct was not functioning for at least 3h so people (me too) who had send additional funds to compensate for this loss could not actually use them (though they were visible somehow).

24h online for this...