Congrats on the successful IPO, I also hope to hear good news.  This looks like a good company with great potential for growth.


Agreed.  Even the current valuation is extremely fair based on the potential growth of the space and other factors. 

I predict 0.02 by the end of the day, so you better cancel your asks

^ Yeah, I would have loved to have been able to invest in LocalBitcoins at a similar stage in their history. I'm holding.

This.

I don't think many investors were in this IPO to hold.

Does "soon" mean within a few minutes, in a few hours, or by the end of the day (depending on time zone)?

I mean, the IPO had a specific time for opening, is there a specific time for the order book to open?

Any idea on when the trading will begin?

True enough, I remember getting my holdings divided pro-rata that was not fun in hindsight as a precaution should have tripled my original purchase so I could get my original position, but it's always nice to see a fully funded IPO

Now cracks open the champagne and the Dealco workers can start today.

Edit In: @ Nisnshtamoto due to the huge demand in Labcoin burnside in coinjunction with labcoin at the time decided that all assets on the orderbook would be split proportionally at the IPO price.
That roughly became 40% of what people originally ordered in shares.

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..

Wow 516 units and done

Congrats on a successful fully sold out IPO

Hi Korbman,

All of our company's information will be available once our license is granted .At least for now as the application process is still in progress, we would like to keep a low profile until everything is in place where we can start to accept customers. We don't want to attract unnecessary additional scrutiny from local regulators. Our approach is that we will deal with Fiat and comply with all required AML/KYC/SAR etc. so we should not be treated any differently from other financial services companies.

Thank you,
Crypto Financial

Well a 12% annual return in dividends can be a lot or vey little, depending on which angle you a re looking at it from. For a mining stock, it is very poor as it is an extremely fast-moving and therefore often short-lived market. On the other hand, this can be seen as a long-time enterprise which doesn't depend at all on mining technologies, difficulty increases, etc.

Normally start-ups in the "real world" don't pay out any dividends at the beginning, focusing this way in growth rather than fast returns. It is now up to each investor to decide for himself if he/she prioritizes fast returns vs. long-term business.

P.S. I do agree that the door should be left open for possible future dividend increases in case the company has made enogh profits. However, this should be submitted to investor voting.

Hello Ninshatamoto, that's a good question. We'd love to help people in remote areas access BTC trading in an efficient manner. We understand that in rural areas, proximity between members can be an issue. Cash trades are not always an option. Not all trades on Dealcoin need to be made face-to-face; buyers and sellers can choose to send money via a wire transfer or any other form of payment. Although Dealcoin does not intervene in the wire transfer of the fiat currency, we intend to offer an BTC escrow service to provide additional security to our members. If you have further ideas on to how we can provide better services to rural areas, we welcome your input.

It seems that most bulls here feel 5BTC is fair value - that this would support a stable dividend.  The question is what % of the total network hash would AM need to maintain to deserve such a pricing again? Currently it at 4% only, well below its traditional 15%.

well, we had that done some time ago.  It seems like getting a 50 TH/s farm up isn't too much of an issue for FC and team, but keeping it at 50TH/s and expanding beyond that is a significant hurdle.

up until about a month or so ago, and expansion has completely stagnated. 

based on what?  I don't see any signs of the mining operation improving, and hardware delivery has been stalled waiting on the new blades.