If tomorrow we get some news saying that hashing begun etcetc. everything works as intended, what do you think is the price ceiling of shares? And the stable price after the spike?
0.004
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Anyway, locking their shares was only one solution, not the only solution. They could easily simply make their portfolios public and then post a link. This is childs play on btct.co and doesn't require any input whatsoever from burnside who is a busy feller. None of this uncertainty is the least bit necessary as there are numerous ways to avoid it, but none of them are being acted upon.
See my post above, do you think that is a possibility?
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The amount of shares they could trade given the volume is trivial compared to simply walking off with all the ipo money.
People worry about the silliest things.
Except doing it this way is really clever. They buy low sell high, they always know when because they can cause the chaos with 1 post. If they have been doing this since day 1 then they would be several thousand percent up in invested coins. Then in a month when the average trading price is low and the company has failed its mission, they do a monthly average share buyback and its over. They payout like 0.002 a share to everyone left and walk away.
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I am actually thinking we won't get any news until the share price drops.
But we want more than news now, we want proof.
.... Now for labcoin to post before the price drops just to make me look like a idiot.
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Am I late for the no news free shares giveaway?
Haha mate you haven't seen anything yet. We will hit 0.002 Edit: and then 0.008 shortly after.
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whoa, wtf happened? I went to bed, and the price was over .0038 and climbing, and I wake up this morning at it's .00345 and dropping.
WHAT DID YOU GUYS DO?
I have a bad feeling that this stock is never going above 0.004
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This was just posted and deleted. Did you take out your Labcoin holdings? I was under the impression you hold a large about of Labcoin and are wanting more. ...the answer is no. I have zero personal shares, but my company has 5k, which is obviously not a large amount. I have no intention of increasing this amount. I want LC to succeed, but I will not under any circumstances join the cheer squad. I've found my best investing results are achieved when emotion is removed from the equation. I know TMI, but I'm tired of fielding this stuff, and the public stuff is NOTHING compared to the PMs which are outright abusive. Fair enough. Thats an impressive portfolio by the way.
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This is all a little confusing for some. This is what is going on:
First, Nakowa, Cici, Towtoad, Celeste are the same person, and yes he won 4000 bitcoin over a week or two. (This is for certain)
Nakowa is not hated because he won 4000 btc, he gave a good show and it was fair play, no worries. Nakowa is hated because of the 1300 bitcoin incident.
1300 bitcoin incident: Nakowa, this time playing as celeste won some more bitcoin. He withdrew and because it was a large amount Dooglus moved the coins straight from the cold wallet to Nakowa. However Dooglus forgot to deduct the 1300 bitcoin in Nakowa's account and one of either two things happened. 1) he decided to gamble again, knowing they were not his coins. He lost them all to the investors 2) someone at the cafe, went on to his laptop when he was smoking and gambled them all away (in celeste style betting of course)
Instead of Dooglus rolling back the database straight away he decided to take the hit out of own coins and the community on just dust got very angry at Nakowa. Then Dooglus couldn't stand the fact that he had just lost $150,000 of his own money for no real reason he then reverted the site investment back and regained the lost coins. This was the right thing to do and everyone supported him (me too, Dooglus I really think you're a good guy :p )
The unfortunate thing for Nakowa is that during the time that Dooglus was covering the loss people hated on Nakowa and till this day this is what a lot of the tension is about.
Moving on.
Nakowa also believes in a gamblers fallacy and believes that there is a hole in the fundamentals of the dice game over on JD. (I think Nakowa wrongly thinks WLWLWLWLWLWL is the most common pattern (I have mapped all the patterns and there is no difference except loses happen slightly more at 49.5% 2x)
For example LL and WW and WL and LW are almost equally as common with the loses showing up more often. I modelled this over more rolls than JD has processed. So Nakowa is wrong in my opinion about the hole. I also remember he said that he would be up if he only deposited 400 btc to prove bankroll had nothing to do with it. He lost the entire amount and had to deposit again, the second time he deposited 600 bitcoin and ended up well over 1000. Luck.
To be honest if Nakowa really knows its a hole he would come back with his whole stack and win the entire bankroll. 50,000 bitcoin is up for grabs on JD and he wouldn't have to bother investing in other dice sites.
Also if the person creating letsdice is really not Nakowa, unless Nakowa knows him in real life I am certain he will steal Nakowas coins. Thats why he made contact.
But its equally likely that the letsdice owner is Nakowa himself.
I think that clears up the Nakowa legacy.
My opinion, It was thrilling watching him play JD, never seen anything like it. Please come back and bet soon!
:p
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A fan notified me recently that they've tested out the site Just-dice.com for hours and have concluded that the site is rigged. It has a built in bot to prevent people from winning.
Gamblers beware of the site Just-dice.com you've been warned.
Server seed generated and hashed, user has the hash. User adds client seed after the fact, and nonce is 1,2,3...... The whole thing runs through HMAC. So if you take the hash, add a client seed and roll, its impossible to rig. This is why I sometimes hate the community here, people like you really try to ruin everything. For anyone reading this, Actor_Tom_Truong is yet another lame technophobe idiot trying to further push this community into the gutter. A "bot" can't do anything because your own rolls are predetermined, even though dooglus could look to see what outcome you may get, there is no way he can change that outcome.
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Its over.
Miss out on iPo??? A bit sour Hehe no actually, one of my best moves was the IPO.
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I'm glad im out!
When was that? The price has recovered since then. Just having a laugh, I'm long on Lab for what's it worth.
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I'm glad im out!
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All 900 shares???
What has begun cannot be undone....
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Oh wow the sell off has begun...
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Hey folks.. Is it possible for an activemining admin to transfer shares between Bitfunder and BCTTC?
If not I believe a pool should be set up to allow investors to do so.. *my 2 cents*
This is answered on nearly every second page of this thread. Ken and Co. is working on success of his company. Why should they care and waste their time with manually transfering hundreds of peoples shares? If you want it transfered, simply sell in one market and buy in the other market... Hey Wonker, I'm sorry I didn't flip through and read 299 pages of the post, Cunt. I think Transfers between exchanges would boost the share price considerably. Dude you bought shares on the cheaper exchange thinking it was a good deal because you don't buy shares for a premium remember. You were warned on Just dice the price difference is there for a reason. Because the volume and movement potential is much greater on BTCT. You should have at least went half half. Half on bitfunder for the dividend earnings and half on BTCT for movement potential. I am not sure Bitfunder will ever equal BTCT. Look at ASICMINER pass through, even with mature dividends its still cheaper on bitfunder because if you want to sell quickly your fudged. Anyway I am tired of too many people buying on bitfunder because of the price difference. That difference exists for a reason.
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With you on the crazy prices. I've been lapping up ActM at these low prices, though I think I've reached my limit now. You never know exactly what will happen....
Just beaware that ActiveMining may drop a lot in September. I can't buy anymore because I have invested as much as I am allowing myself for risky investments (I have some Labcoin too) I could sell and buy Active lower but in my opinion its not worth the risk. It might not get super low so I am just waiting it out. But one thing is certain, before our ASIC is hashing their will be FUD left, right and center in this thread so don't be too disheartened if for a while the investment is down. (I am down at the moment which is very crap) Also there's the chance labcoin and active are scams or vaporware, in which case its an expensive lesson for me.
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.0016 to where we are now. ? No, we were at .0033-.0036 prior to the news of the chips. Everyone said: "We are going to at least .005 upon news that the chips are on schedule". Well, it didn't happen. Then everyone said: "Oh, well, that news isn't good enough, the real news is when we start hashing." Then everyone started saying: "The real movement won't come until the first dividend." Now, you are already hearing people say: "All that stuff is currently factored into the price, it won't take off until the 50 or 200-300TH hit." The goal-post in here moves like no other because people just want the majority of speculators to not sell their shares in the run-up to around .004 and hold until after the big hands get out. So you tell everyone to expect a price point well above what you plan to sell at. They always dip the price down to around .0028-.003 prior to the news and then ride it up to .0039 or so - 30% gain. While everyone else is waiting to sell at more like .0045-.005. Well you may be right, we had someone try dipping the price today and I agree, its going to be pushed lower again. However if there's news of hashing even the "people" know its going to have a much higher peak. Of course it's still safer to sell lower incase selling pressure is too much. A profit is a profit after all.
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In a good way I hope? I have a feeling these companies are going to have some crazy prices once they hash, and btc price is going to go nuts in a few months. The aftermath will destroy a few of these companies though, not sure which its all a gamble at the moment. I think one thing will be certain, bitcoins price itself after the mayhem ahead will be rather high. To be honest I can't wait. :p
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