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Author Topic: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)  (Read 1041239 times)
VolanicEruptor
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September 17, 2013, 12:01:52 PM
 #10161

Do people actually think spamming 3 share sell orders is going to convincingly imitate a mass sell-off?  Is there some shithead out there who thinks this actually works??  

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VolanicEruptor
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September 17, 2013, 12:03:16 PM
 #10162

Seems a lot of people dont think an (positive) update will happen soon. Look at the big wall at 0.003.

In the past, I have put up large sell walls in an attempt to push the bids down a little lower so I could scoop some up, not because I actually wanted the sell orders to be filled..

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September 17, 2013, 12:03:41 PM
 #10163

Seems a lot of people dont think an (positive) update will happen soon. Look at the big wall at 0.003.

Walls move. We won't hear any news until there is uproar in this thread again, no biggie as hey said hold off for 6 weeks lets see if they really can be players.
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September 17, 2013, 12:08:53 PM
 #10164

Seems a lot of people dont think an (positive) update will happen soon. Look at the big wall at 0.003.

In the past, I have put up large sell walls in an attempt to push the bids down a little lower so I could scoop some up, not because I actually wanted the sell orders to be filled..

I mean it is pretty risky if a good news could be announced any time soon if you put a big sell order. It can be filled very fast unless you keep pressing f5 and never leave the computer.

But anyway, be able to sell 66k at 3.0 may be good enough.
VolanicEruptor
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September 17, 2013, 12:21:40 PM
 #10165

Seems a lot of people dont think an (positive) update will happen soon. Look at the big wall at 0.003.

In the past, I have put up large sell walls in an attempt to push the bids down a little lower so I could scoop some up, not because I actually wanted the sell orders to be filled..

I mean it is pretty risky if a good news could be announced any time soon if you put a big sell order. It can be filled very fast unless you keep pressing f5 and never leave the computer.

But anyway, be able to sell 66k at 3.0 may be good enough.

It's not really that risky at all..

TMAN
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September 17, 2013, 12:37:17 PM
 #10166

Wtf is p with the trades, someone is trying hard to get cheap shares
Ytterbium
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September 17, 2013, 12:52:05 PM
 #10167

I looked through the blockchain again.  I found 1JaepCfDnErPTPA96HJr7kfHZXLsN4asmH, didn't have any action until 9/13, and received rewards from unsigned blocks.  10 of them. It also received 99 btc from other addresses as well. So while it would certainly be nice if that was Labcoin's mining address I think it's pretty unlikely, unless they're up to 10-20TH/s instead of 2-4.

The only other potential candidates are 1KywcahPaHBDiMMTyqb1rC8wUiyb9b58pY and 13XXJSCf5iUMtS8HtGAgzwXWeqYWXwQRSh  Except they both have "/P2SH/" in their signature, which there's no reason for labcoin to do.

So, for now it seems like 1NBDEAYH49tZvFMJ95oa4kYrqgecgnc16C is the most plausable candidate.  

If they haven't found a block by now, they are having extremely bad luck, either in terms of hardware or just bad luck in general. Or they took my (and everyone else's) advice and switched to pooled mining.

Oh, from IRC:

Quote
[07:27] == SeenBot [~SeenBot@irc.radiumsoup.com] has joined #labcoin
[07:27] <radiumsoup> !seen
[07:27] <SeenBot> User Labcoin is offline at bitcointalk.org, last seen 47 minutes, 3 seconds ago
[07:27] <SeenBot> User TheSwede75 is offline at bitcointalk.org, last seen 7 hours, 17 minutes, 39 seconds ago
[07:27] <radiumsoup> !hashrate
[07:27] <SeenBot> Labcoin says: "Don't want to cause trouble, hashrate photo will be posted later."

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September 17, 2013, 12:58:20 PM
 #10168

I looked through the blockchain again.  I found 1JaepCfDnErPTPA96HJr7kfHZXLsN4asmH, didn't have any action until 9/13, and received rewards from unsigned blocks.  10 of them. It also received 99 btc from other addresses as well. So while it would certainly be nice if that was Labcoin's mining address I think it's pretty unlikely, unless they're up to 10-20TH/s instead of 2-4.

The only other potential candidates are 1KywcahPaHBDiMMTyqb1rC8wUiyb9b58pY and 13XXJSCf5iUMtS8HtGAgzwXWeqYWXwQRSh  Except they both have "/P2SH/" in their signature, which there's no reason for labcoin to do.

So, for now it seems like 1NBDEAYH49tZvFMJ95oa4kYrqgecgnc16C is the most plausable candidate.  

If they haven't found a block by now, they are having extremely bad luck, either in terms of hardware or just bad luck in general. Or they took my (and everyone else's) advice and switched to pooled mining.

Oh, from IRC:

Quote
[07:27] == SeenBot [~SeenBot@irc.radiumsoup.com] has joined #labcoin
[07:27] <radiumsoup> !seen
[07:27] <SeenBot> User Labcoin is offline at bitcointalk.org, last seen 47 minutes, 3 seconds ago
[07:27] <SeenBot> User TheSwede75 is offline at bitcointalk.org, last seen 7 hours, 17 minutes, 39 seconds ago
[07:27] <radiumsoup> !hashrate
[07:27] <SeenBot> Labcoin says: "Don't want to cause trouble, hashrate photo will be posted later."

But have you checked the locations?

1JaepCfDnErPTPA96HJr7kfHZXLsN4asmH is from Moscow, so more likely to be Metabank with Bitfury chips
1KywcahPaHBDiMMTyqb1rC8wUiyb9b58pY is in Switzerland
13XXJSCf5iUMtS8HtGAgzwXWeqYWXwQRSh is in Canada

and finally, 1NBDEAYH49tZvFMJ95oa4kYrqgecgnc16C is in Chicago....



Know what's happening in cryptoworld: www.coinschedule.com
TsuyokuNaritai
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September 17, 2013, 12:59:34 PM
 #10169

Quote
[07:27] == SeenBot [~SeenBot@irc.radiumsoup.com] has joined #labcoin
[07:27] <radiumsoup> !seen
[07:27] <SeenBot> User Labcoin is offline at bitcointalk.org, last seen 47 minutes, 3 seconds ago
[07:27] <SeenBot> User TheSwede75 is offline at bitcointalk.org, last seen 7 hours, 17 minutes, 39 seconds ago
[07:27] <radiumsoup> !hashrate
[07:27] <SeenBot> Labcoin says: "Don't want to cause trouble, hashrate photo will be posted later."
Please could someone explain this for those unfamiliar with the #labcoin channel. What is SeenBot, and where is it quoting from?

demzie
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September 17, 2013, 01:02:09 PM
 #10170

Seenbot could be any bot like an eggdrop with tcl scripts.

Seems it has a quote and seen function.

You can learn the bot quotes and than later let them say that..
Just fun.. Nothing else..
demzie
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September 17, 2013, 01:03:44 PM
 #10171

And seen function remembers when someone was last seen in the irc channel
Luckybit
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September 17, 2013, 01:07:05 PM
 #10172

I looked through the blockchain again.  I found 1JaepCfDnErPTPA96HJr7kfHZXLsN4asmH, didn't have any action until 9/13, and received rewards from unsigned blocks.  10 of them. It also received 99 btc from other addresses as well. So while it would certainly be nice if that was Labcoin's mining address I think it's pretty unlikely, unless they're up to 10-20TH/s instead of 2-4.

The only other potential candidates are 1KywcahPaHBDiMMTyqb1rC8wUiyb9b58pY and 13XXJSCf5iUMtS8HtGAgzwXWeqYWXwQRSh  Except they both have "/P2SH/" in their signature, which there's no reason for labcoin to do.

So, for now it seems like 1NBDEAYH49tZvFMJ95oa4kYrqgecgnc16C is the most plausable candidate.  

If they haven't found a block by now, they are having extremely bad luck, either in terms of hardware or just bad luck in general. Or they took my (and everyone else's) advice and switched to pooled mining.

Oh, from IRC:

Quote
[07:27] == SeenBot [~SeenBot@irc.radiumsoup.com] has joined #labcoin
[07:27] <radiumsoup> !seen
[07:27] <SeenBot> User Labcoin is offline at bitcointalk.org, last seen 47 minutes, 3 seconds ago
[07:27] <SeenBot> User TheSwede75 is offline at bitcointalk.org, last seen 7 hours, 17 minutes, 39 seconds ago
[07:27] <radiumsoup> !hashrate
[07:27] <SeenBot> Labcoin says: "Don't want to cause trouble, hashrate photo will be posted later."

It's probably a scam. Still if you got in at the IPO you could have got a decent profit. Anyone who got in later, you'll have to sell out at 0.003. Labcoin will not survive as a security if they don't send out dividends or post their address today.

No one knows for sure who Sam Noi is. No one knows for sure if Labcoin is mining. No one knows for sure if the chips work. No one knows anything for sure about Labcoin except Labcoin itself and they aren't talking. There are other IPOs happening, why put all your chips in this? Take your profit and run.

https://en.bitcoin.it/wiki/Pirateat40
E.Sam
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September 17, 2013, 01:10:18 PM
 #10173



At this point, I don't think humour is their best strategy...

EDIT: Ok, the bot is obviously not programmed by LC.

TsuyokuNaritai
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September 17, 2013, 01:20:16 PM
 #10174



At this point, I don't think humour is their best strategy...
Looks like SeenBot is a joke/FUD bot...
Quote
[14:18] <Wednesday> !hashrate
[14:18] <SeenBot> Labcoin says: "Crystal ball broken, ask agan later."
[14:18] <Wednesday> !hashrate
[14:18] <SeenBot> Labcoin says: "Don't want to cause trouble, hashrate photo will be posted later."
[14:18] <kleeck> Not the time that the image of that response was posted to the forum and the resulting spike in share value...
[14:18] <Wednesday> !hashrate
[14:18] <SeenBot> Labcoin says: "6TH... I mean 4TH... no, wait... 2TH?"

Edit:
Quote
[14:19] <Crypto_quo> lol, wonder who programmed the bot. Obviously not LC
[14:20] <yttr> radiumsoup did
[14:21] <yttr> I belive

demzie
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September 17, 2013, 01:21:02 PM
 #10175

Will the trols and fudsters ever stop?
E.Sam
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September 17, 2013, 01:21:35 PM
 #10176



At this point, I don't think humour is their best strategy...
Looks like SeenBot is a joke/FUD bot...
Quote
[14:18] <Wednesday> !hashrate
[14:18] <SeenBot> Labcoin says: "Crystal ball broken, ask agan later."
[14:18] <Wednesday> !hashrate
[14:18] <SeenBot> Labcoin says: "Don't want to cause trouble, hashrate photo will be posted later."
[14:18] <kleeck> Not the time that the image of that response was posted to the forum and the resulting spike in share value...
[14:18] <Wednesday> !hashrate
[14:18] <SeenBot> Labcoin says: "6TH... I mean 4TH... no, wait... 2TH?"

lol, simultaneous EDIT and post

AngelSky
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September 17, 2013, 01:23:21 PM
 #10177

The only sure thing here is that people want to bet on this. Exciting!

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Vigil
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September 17, 2013, 01:28:11 PM
 #10178

I looked through the blockchain again.  I found 1JaepCfDnErPTPA96HJr7kfHZXLsN4asmH, didn't have any action until 9/13, and received rewards from unsigned blocks.  10 of them. It also received 99 btc from other addresses as well. So while it would certainly be nice if that was Labcoin's mining address I think it's pretty unlikely, unless they're up to 10-20TH/s instead of 2-4.

The only other potential candidates are 1KywcahPaHBDiMMTyqb1rC8wUiyb9b58pY and 13XXJSCf5iUMtS8HtGAgzwXWeqYWXwQRSh  Except they both have "/P2SH/" in their signature, which there's no reason for labcoin to do.

So, for now it seems like 1NBDEAYH49tZvFMJ95oa4kYrqgecgnc16C is the most plausable candidate.  

If they haven't found a block by now, they are having extremely bad luck, either in terms of hardware or just bad luck in general. Or they took my (and everyone else's) advice and switched to pooled mining.

Oh, from IRC:

Quote
[07:27] == SeenBot [~SeenBot@irc.radiumsoup.com] has joined #labcoin
[07:27] <radiumsoup> !seen
[07:27] <SeenBot> User Labcoin is offline at bitcointalk.org, last seen 47 minutes, 3 seconds ago
[07:27] <SeenBot> User TheSwede75 is offline at bitcointalk.org, last seen 7 hours, 17 minutes, 39 seconds ago
[07:27] <radiumsoup> !hashrate
[07:27] <SeenBot> Labcoin says: "Don't want to cause trouble, hashrate photo will be posted later."

It's probably a scam. Still if you got in at the IPO you could have got a decent profit. Anyone who got in later, you'll have to sell out at 0.003. Labcoin will not survive as a security if they don't send out dividends or post their address today.

No one knows for sure who Sam Noi is. No one knows for sure if Labcoin is mining. No one knows for sure if the chips work. No one knows anything for sure about Labcoin except Labcoin itself and they aren't talking. There are other IPOs happening, why put all your chips in this? Take your profit and run.

https://en.bitcoin.it/wiki/Pirateat40

If you got in at IPO and caught even half of these huge swings you have at least quadrupled your investment if not multiplied it by 6 or 7.
Ytterbium
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September 17, 2013, 01:29:24 PM
 #10179



At this point, I don't think humour is their best strategy...

EDIT: Ok, the bot is obviously not programmed by LC.

I assumed everyone would get the joke.

jeffhuys
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September 17, 2013, 01:39:40 PM
 #10180

Seriously exciting, yeah. Damn, all those buys...

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