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I think a legitimate price now is 0.0015-16, so it is overpriced now. The problem is, they are totally confusing, first they announce the 2TH, then they dont provide a proof, and after days they give us an update in which they state, that they have difficulties, testing, tweaking, etc., which results in a questionable situation where we dont really know whether they are really hashing, or they just stated it to calm us down, then they had to face the fact, that they have difficulties, and must delay the start. I vote for the second, as if they need to tweak the boards etc, then those are surely not hashing, and then the whole "we are hashing" announcement was an LC speak meaning '2 weeks™'. This also mens that the company has gained nearly nothing since IPO, therefore the shares are still overvalued @0.0016, and this even leaves out the negative PR from the formula, so 0.0016 is a rational price AFAIK.
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It is interesting, that people are buying in constantly. I dont know, this is not even over yet..
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Again, what part of that suggests that Labcoin are not mining with 2 Th/s? Very simple ways to prove they were hashing were stated, and they did none of them. They claim it isn't "stable"; even more reasons to use a pool and not solo mine. Just because they never bothered using those methods acceptable to the community, that does not mean they lied about hashing at 2 Th/s. Neither does them claiming stability issues or pool mining. What part of that shows Labcoin admitting to have lied about mining with 2 Th/s? Why would it matter? Do you even logic? Because it's a blatant lie. People are claiming that Labcoin have admitted lying about hashing. I'm calling those lying cunts out because I know Labcoin said no such thing. I know that to be pure bullshit. Spread as much FUD as you like, but if you start with the blatant lies, I'll call you on it. Ok, then what is your opinion on the current situation, and what is a stable price in your opinion? |
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The aspect with huge European shareholders is a fact. No FUD at all. And the IPO was at 0.001 so if they sale at 0.002 they still have a100% profit. Don't forget that!
You might want to fix that signature of yours... +1 |
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WHY ARE THEY BUYING @0.0024?! Somebody is going to lose...
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they denied to be NOT hashing.
But without a fully assembled rig it seems very odd how they are mining. maybe they bought some active mining shares to be mining.
It's more subtle than that: They denied NOT EVER having been hashing, They admitted NOT no longer to be hashing, and never doing so at "production" scale, as far as I understand their words. Does not matter, if we think they told X, then they will defend themselves by saying we 'Misunderstood™' them. |
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I'm wondering what the general opinion @ LC can be.
Maybe: "We are undervalued™."
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Again? shit...
They are still hashing or did they denied that?
They never started hashing, that was a lie. |
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I have some @ 0.0019. Want to let me in ?  Advice from the board of shareholders: Sell. This won't stop until 0.001-0.0012 |
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People are buying again. WTF do they think?
It's some clown painting the tape. Look at the size of the bids and asks. I'm not talking about that orderbook, it has like 20k until 0.0016, I'm talking about the 'Realtime' ticker. |
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People are buying again. WTF do they think?
They think "oh cool cheap share" just like guys buying @ 0.002 30 minutes ago. Man, the biggest question now for me is this: What do those people think now, who are not reading this forum? |
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People are buying again. WTF do they think?
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[...]
Until the info comes, who would be buying back, and unless you bought at IPO price and want to take a risk, sell the stock until mining actually starts at LABCOIN (or at least a completed board / prototype has been witnessed by a trusted member of the community).
October™ |
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To the speculators trying to pump prices up: You can revive the price for half a minute up till 0.0018, but how will you revive LC and make them trustworthy?
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Wake up, Europe, and join the dump.
Another topic: Are there ANY long-term holders remaining?
The labcoin team. EDIT: AH NO SORRY; the shares are not locked. Whew, it's a good thing they didn't rush to get that answer out the door eh? I wonder if any sold last night, knowing their news would be ill-met? If they all are as dumb as TheSwede, they could have even bought in, thinking it may rise to 0.004+, and if thats the case, then they lost oe of the biggest amount of BTC now. |
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the 5gh/s -> to 1.8gh/s chip performance without being placed in so much as a test socket are numbers labcoin plucked from thin air
Can you mention ANYTHING they said, which was not just 'plucked from thin air'? |
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Well, let's tl;dr for the Europeans then: Stock price will probably keep hovering the 0.0016s of the IPO for 6 weeks, and then  , unless it turns to be a "real" scam (which I don't believe it to be IMHO, just a fail). .0016.... Lol. That's rich. I think you forgot a zero after the decimal point. Take away the 6 from the end. That should be around it. |
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Wake up, Europe, and join the dump.
Another topic: Are there ANY long-term holders remaining?
The labcoin team. That assuption is sadly the least certain, as shares are not locked still... |
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Wake up, Europe, and join the dump.
Another topic: Are there ANY long-term holders remaining?
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Hopefully I haven't slept yet (EU). But the europeans now:  I'm from Hungary, I woke up an hour ago, and saw the prices. First tought: "Unbe-fuckin-lievable...I'm dreaming, I'm definitely dreaming!!!....OH FUCK NO!!!!"  +1 Exactly. |
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