Waiting for the price to rise/drop come Wednesday. I have nothing but time.
Look. If LC can make me into 10BTC I'm happy to put 1BTC into it just to see it happen. That 1BTC is not doing me any good sitting in a cold wallet. I'm happy with these risks. If someone is not comfortable with the risk they won't invest. I don't know why you care about other people's money so much. I honestly don't care if you make/lose money and I don't understand arguing over the internet, either.
Just a note I have more than just 1BTC in LC and time will tell if this is a good or not.
If you have noticed yet people in the Bitcoin community are dirty scumbags always looking for a way to benefit themselves, hence massive FUD so they can buy cheaper shares. Ignore button is amazing. I will give them some credit because without them there is no way I could of quadrupled my position. If labcoin can hit .015 I'll be set |
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970k out of the 7 million shares currently for sale
Not to bad considering what happened
24 hours volume: 1,314,494 shares 7 day volume: 3,337,559 shares Not many are for sale, because most people already got out. we will see |
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970k out of the 7 million shares currently for sale
Not to bad considering what happened
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I managed to sell everything again last night and am slowly scooping them up around .0029  Uggh, I learned my lesson playing those games with ASICMiner. Sold everything @ 2.9 because I was sure it was going to drop. An hour later friedcat announced hardware sales and I wound up with ~20 BTC less than if I had held. No more day trading for me. I know what I think things should be worth, and if they are significantly cheaper than that I buy and buy and buy. I would like to personally thank Stu, Vela, Zum, and all the others who have put all the work in for me to scoop up more shares below .003. I wasn't going to buy any more, but at this price AFTER hashing has started, how can I resist? Good for you but don't forget you'll have to hold the bag for more than one month before they can provide any evidence of anything. I dont need any BTC right now. As a bonus I have a few KNC GB's that should be delivering soon, so ill have that to play with |
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Hey look here comes the upward spike after the dip that always occurs on this stock, I would like to issue a big thank you to both the FUDsters and the religiously devout labcoin fanatics for making this such a predictable and profitable cycle.
It's to predictable now |
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What's so quiet, where are the trolls?
Busy buying cheap LC shares  I managed to sell a lot again last night and am slowly scooping them up around .0029 I did do a big 30k dump this morn around .0032 thou |
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In the past 12 hours I've dumped 120k
Sorry guys
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Well, people are reacting. If I'm not mistaken, just shy of 100k shares have left the bid side in the past hour or so.
I looked at this earlier today around lunch and it was around 950k Now it's almost 1,050,000 . The sell orders have increased by about 100k to but almost all of it looks to be above .0045 Regardless the order book is strong and if this somehow dips below .003 it won't be under for more than a few minutes. |
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Manipulate the price even more, I'll just buy more
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Annoying: Reading through hundreds of LC thread posts filled with fudders and fluffers nearly killing any chance for legitimate meaningful discussion.
Awesome: Labcoin sending straightforward updates through BTCT.
Priceless: Realizing I can get updates without wasting my time looking at unicorns and ponies.
+1 I've found maybe 10 posts worth reading in the past day |
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Kinda meh. It's not available until Nov/Dec at the earliest and then you might as well hold out for 12x2Th CoinTerra TerraMiner IVs for $168k.
Or wait till nov/dec for the super sales. There is no way someone could be that stupid to purchase a fast hash near that price (I hope) |
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I honestly think we wont break .004 till the first divident is paid.
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this thread has turned into a big mess
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Thanks Guys.
So in my view the 3-4 TH/s will be good to prove that the chips works. But if we really get the 50TH/s in October, we will be in an excellent position, I believe the share price should be around 0.01 if that happens given that we would be controlling about 3% of total network hash rate and generating about 0.0002 BTC/share/month in dividends.
If we really get 200TH/s by December, we should have about 6% of the total hash rate and a share price of 0.002 is not impossible...
Good.
Share price will be higher than 0.01 BTC after the 3-4 TH/s comes online. Just look at how ActM rose to around 0.0065 simply based on confirmation of the eASIC deal and that miners would be ready mid-October. With LC actually mining, there will be a significant rise in the share price. Maybe, but my impression is that at that time there was a lot of BTC looking for investment, and not many investment options. Since then, lots of new companies IPO, including Labcoin. I think that 0.01 is the limit until we get the actual 50TH/s online in October and all the trolls cannot even question if the chips exist, if they are for real, etc. etc. This only happened the 2 days ago and is why ActM's price is still above 0.004. People are basically just waiting for confirmation that LC is legit and on schedule. When that happens, you'll see a lot of people sell their other shares to buy LC hoping to cash in on the inevitable price rise. ACTM's order book is weak. Maybe 1 person might make off decently. |
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As we already stated, chip documentation isn't ready yet for public distribution.
We will start distribution to third parties when hashing power deployed will meet the goals we have set. This is our top priority right now.
We want to mention that we have received interview requests from several well know parties, CNN and Bloomberg being the most prominent and late progress with our 65nm design lead us to believe we will deploy 200-300 TH within 2013.
What percentage of the network would 200-300TH be within the estimated 5-6 PH network difficulty? Where are the mathematicians who can tell us what the projected dividends bye bye .0032
Where do you think the share price will land? .004 - .005 once the 3-4TH is up |
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200TH - we could be looking @ 10-20% of the network.
Nope, 200TH will be 2-4% of the network by late 2013. But this is still really good news! Well done everyone! Do you know how much AM is planning to have online by end of year? |
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