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Author Topic: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)  (Read 1042323 times)
Ytterbium
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September 16, 2013, 09:52:09 PM
 #10101

so, this just goes down as another broken promise, then?

First dividend payment is due  on tuesday 17 September


If they're waiting to find blocks before posting their address, it's possible they may be able to pay dividends tomorrow.

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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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September 16, 2013, 09:53:34 PM
 #10102

Yep, its a risk and guess what, I've taken it.

I'm willing to loose $700 on a hunch.

BUT if it does pull off..  Grin Grin Grin

Its a gamble yes, and its not like I enjoy throwing money but its the 'what if on Wednesday' that's giving me a hard-on.

If not, OHH WELL..  I'll still wait and see.

If you are aware of what you are doing and not dreaming like so many people here, I can only wish you good luck, maybe that was a good bet.

I did allot of reading and yeh, I was about to go blind from it.
Allot of people have high hopes and some not at all.
I think this will work.  Labcoin seems to be trying and I don't see them throwing all this effort when LOTS of BTC can be earn't.
Its only a hunch and please don't think I'm an expert or anything, far from it.  Its only what I've researched and yep, spent many hours reading.

Bitcoin Mining Hardware:   www.mininghardware.co.uk
Bitcycle
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September 17, 2013, 12:24:45 AM
 #10103


So quiet.  Everyone nervous?
twentyseventy
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September 17, 2013, 12:31:27 AM
 #10104


So quiet.  Everyone nervous?

Lots of weak hands sold off; those wanting cheap shares now have what they wanted! No need to blow up the thread with pictures of boats and highlighted  text comparing labcoin to pirateat40.
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September 17, 2013, 12:36:52 AM
 #10105


So quiet.  Everyone nervous?

Lots of weak hands sold off; those wanting cheap shares now have what they wanted! No need to blow up the thread with pictures of boats and highlighted  text comparing labcoin to pirateat40.
Those who sold off weren't "weak hands", they did so based on the fact that Labcoin has at every turn lied and mislead regarding their actions. We have no reason to leave our money in this stock.
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September 17, 2013, 12:42:02 AM
 #10106


Meanwhile, it's Tuesday morning in China...

Hope those boards are mining away today.
BitCsByBit
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September 17, 2013, 12:42:15 AM
 #10107


So quiet.  Everyone nervous?

Lots of weak hands sold off; those wanting cheap shares now have what they wanted! No need to blow up the thread with pictures of boats and highlighted  text comparing labcoin to pirateat40.
Those who sold off weren't "weak hands", they did so based on the fact that Labcoin has at every turn lied and mislead regarding their actions. We have no reason to leave our money in this stock.

Around 18.5% of total shareholder owned shares were traded over the weekend. So definitely a minority with "weak hands".   Grin

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September 17, 2013, 12:52:49 AM
 #10108

You asked for it:
Timer removed. End time: 2013-09-17+16:00:00UTC
velacreations
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September 17, 2013, 12:59:44 AM
 #10109

Not quadruple in two weeks.
And then there's the value of showing you actually believe what you are saying. It's pretty much my only reason to start this bet, and so far, none of the shills took it.

of course they won't. 
Who would actually count on Labcoin doing what they said they would do after their history of moving/missing deadlines and breaking promises? 

here, they're gonna come say "we're betting by owning shares, bla, bla, bla, to da moon!"

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September 17, 2013, 01:02:07 AM
 #10110


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lzr1900
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September 17, 2013, 01:08:01 AM
 #10111



awesome!!
Bitcycle
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September 17, 2013, 01:31:42 AM
 #10112

So 14.5 hours on the countdown til Wed.  in China, but wouldn't the most likely time for a post be during the business day? 

So the next 8 hours or so...
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September 17, 2013, 01:32:44 AM
 #10113

So 14.5 hours on the countdown til Wed.  in China, but wouldn't the most likely time for a post be during the business day? 

So the next 8 hours or so...

Seems people don't want a timer on this one. Too afraid of a missed deadline. *boum*

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twentyseventy
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September 17, 2013, 01:34:07 AM
 #10114

Lets not got ahead of ourselves here. It's likely going to come Wednesday evening, US time (previous announcement was 9pm Central Time).

Don't get fooled by the countdown to 12:0AM China time.  
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September 17, 2013, 01:34:45 AM
 #10115

So 14.5 hours on the countdown til Wed.  in China, but wouldn't the most likely time for a post be during the business day? 

So the next 8 hours or so...

Seems people don't want a timer on this one. Too afraid of a missed deadline. *boum*

I'm as in as I'm going to be, but I'm very much in favor of a strict deadline.  

Time to fish or cut bait.
AngelSky
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September 17, 2013, 01:36:21 AM
 #10116

So 14.5 hours on the countdown til Wed.  in China, but wouldn't the most likely time for a post be during the business day? 

So the next 8 hours or so...

Seems people don't want a timer on this one. Too afraid of a missed deadline. *boum*

I'm as in as I'm going to be, but I'm very much in favor of a strict deadline.  

Time to fish or cut bait.

That's well said.

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September 17, 2013, 01:37:26 AM
 #10117

"Time to fish or cut bait."

I don't think that always means what you think it means....

In many cases it means literally "to work or get out of the way".  

In your (guessing American) usage it means to make a decision or not.

I know it is commonly used in the manner you used it....it's just an interesting and confusing idiom.
Bitcycle
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September 17, 2013, 01:37:35 AM
 #10118

Lets not got ahead of ourselves here. It's likely going to come Wednesday evening, US time (previous announcement was 9pm Central Time).

Don't get fooled by the countdown to 12:0AM China time.  

Nope.

"Before Wednesday" for one thing.

For another, if they meant something other than their local time they should have said it.

They have zero leeway now. They've used it up.

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September 17, 2013, 01:42:34 AM
 #10119

Buying before the address is published is gambling indeed at best.
I still feel my losses from the last announcement / dump.

They call us FUDsters but so far, Labcoin has all been about fear, uncertainty and dump...
JohnyBigs
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September 17, 2013, 01:43:48 AM
 #10120

You've already established you're full of shit. And no, I won't take you up on your stupid bet because I'm not stupid. The only way such a bet would be more profitable to me is if I thought Labcoin was going to fail, which I don't.
Since I'm ending the offer in October, if Labcoin doesn't fail, you would double your wager in two weeks. How is that unprofitable?
Also, why did you only speak up now about the bet, while I called you out on it multiple times? You went silent each time I mentioned it.

Your math is baseless, as they have to have those 500 TH/s somehow. If they are late with their current chips, how are they going to have that on time? And with what money? Being late in mining means being late in reinvestment too.

I'm not even sure what you are trying to prove by your calculations, even the best case looks weak.

If Labcoin is successful, investing now will more than quadruple your money so why would I want to take your bet? It would be far more profitable for me to invest in Labcoin.
Not quadruple in two weeks.
And then there's the value of showing you actually believe what you are saying. It's pretty much my only reason to start this bet, and so far, none of the shills took it.

BET ME YOUR NAME SHILL FUD
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