[LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)

[Ytterbium]

Btw people, there are some put options you can buy if you're daring.  I made some money off of them the last time the price tanked

[1714492424]

1714492424

[1714492424]

1714492424

[1714492424]

1714492424

[1714492424]

1714492424

[demzie]

I have to much bets open; i have labcoin shares Dont care about your ego..

a typical and unsurprising response from loudest barker

Well you're the barker here! You ran out of ammo for the chips/boards/are we real/hashing stuff
and now your focussing on the hardware sales.. be a man and admit next week; you were wrong..

[Ytterbium]

Maybe burnside sold his shares and changed the wording of the warning hoping to buy back cheap

Anyway "Flagged for potential violations - wtf does that mean?"  Flagged how?  What violations? Serious ones? Minor ones (like not locking shares) what?

I have not sold any of my shares.  I do not intend to.  I couldn't do it with a clear conscience until things are less controversial.

So in short; its a locked shares issue?

They don't have to be locked.  Use of the public portfolio feature would be sufficient I would think.

Burnside: First of all, I was just joking

Second of all,  I think you should make that more clear in your warning what the specific violation is.  Maybe link to your post. Right now it's too ambiguous.  People might think the stock is about to be delisted or something.

[szmarco]

Maybe burnside sold his shares and changed the wording of the warning hoping to buy back cheap

Anyway "Flagged for potential violations - wtf does that mean?"  Flagged how?  What violations? Serious ones? Minor ones (like not locking shares) what?

I have not sold any of my shares.  I do not intend to.  I couldn't do it with a clear conscience until things are less controversial.

So in short; its a locked shares issue?

They don't have to be locked.  Use of the public portfolio feature would be sufficient I would think.

You mean if they disclose a public portfolio,you will remove the scary warning.
Right?

[ronaldlee0917]

wow, what has happened?

15:25 (S) 3000 @ 0.00222800 LABCOIN
15:23 (S) 1067 @ 0.00205900 LABCOIN
15:23 (S) 2000 @ 0.00206000 LABCOIN
15:23 (S) 1000 @ 0.00206000 LABCOIN
15:23 (S) 691 @ 0.00206000 LABCOIN
15:23 (S) 248 @ 0.00209100 LABCOIN
15:23 (S) 50 @ 0.00209900 LABCOIN
15:23 (S) 1000 @ 0.00213900 LABCOIN
15:23 (S) 243 @ 0.00215000 LABCOIN
15:23 (S) 1 @ 0.00215100 LABCOIN
15:22 (S) 757 @ 0.00215000 LABCOIN
15:22 (S) 600 @ 0.00222200 LABCOIN
15:22 (S) 320 @ 0.00222400 LABCOIN
15:22 (S) 1 @ 0.00222500 LABCOIN
15:18 (B) 392 @ 0.00249800 LABCOIN
15:18 (S) 621 @ 0.00223300 LABCOIN
15:18 (S) 3000 @ 0.00223500 LABCOIN
15:18 (S) 240 @ 0.00224500 LABCOIN
15:18 (S) 655 @ 0.00228900 LABCOIN
15:17 (S) 4673 @ 0.00230000 LABCOIN
15:17 (S) 320 @ 0.00230200 LABCOIN
15:17 (S) 1 @ 0.00235500 LABCOIN

[Ytterbium]

wow, what has happened?

15:25 (S) 3000 @ 0.00222800 LABCOIN
15:23 (S) 1067 @ 0.00205900 LABCOIN
15:23 (S) 2000 @ 0.00206000 LABCOIN
15:23 (S) 1000 @ 0.00206000 LABCOIN
15:23 (S) 691 @ 0.00206000 LABCOIN
15:23 (S) 248 @ 0.00209100 LABCOIN
15:23 (S) 50 @ 0.00209900 LABCOIN
15:23 (S) 1000 @ 0.00213900 LABCOIN
15:23 (S) 243 @ 0.00215000 LABCOIN
15:23 (S) 1 @ 0.00215100 LABCOIN
15:22 (S) 757 @ 0.00215000 LABCOIN
15:22 (S) 600 @ 0.00222200 LABCOIN
15:22 (S) 320 @ 0.00222400 LABCOIN
15:22 (S) 1 @ 0.00222500 LABCOIN
15:18 (B) 392 @ 0.00249800 LABCOIN
15:18 (S) 621 @ 0.00223300 LABCOIN
15:18 (S) 3000 @ 0.00223500 LABCOIN
15:18 (S) 240 @ 0.00224500 LABCOIN
15:18 (S) 655 @ 0.00228900 LABCOIN
15:17 (S) 4673 @ 0.00230000 LABCOIN
15:17 (S) 320 @ 0.00230200 LABCOIN
15:17 (S) 1 @ 0.00235500 LABCOIN

See the new warning.  IMO - not safe to hold this until it's fixed.

[demzie]

wow, what has happened?

15:25 (S) 3000 @ 0.00222800 LABCOIN
15:23 (S) 1067 @ 0.00205900 LABCOIN
15:23 (S) 2000 @ 0.00206000 LABCOIN
15:23 (S) 1000 @ 0.00206000 LABCOIN
15:23 (S) 691 @ 0.00206000 LABCOIN
15:23 (S) 248 @ 0.00209100 LABCOIN
15:23 (S) 50 @ 0.00209900 LABCOIN
15:23 (S) 1000 @ 0.00213900 LABCOIN
15:23 (S) 243 @ 0.00215000 LABCOIN
15:23 (S) 1 @ 0.00215100 LABCOIN
15:22 (S) 757 @ 0.00215000 LABCOIN
15:22 (S) 600 @ 0.00222200 LABCOIN
15:22 (S) 320 @ 0.00222400 LABCOIN
15:22 (S) 1 @ 0.00222500 LABCOIN
15:18 (B) 392 @ 0.00249800 LABCOIN
15:18 (S) 621 @ 0.00223300 LABCOIN
15:18 (S) 3000 @ 0.00223500 LABCOIN
15:18 (S) 240 @ 0.00224500 LABCOIN
15:18 (S) 655 @ 0.00228900 LABCOIN
15:17 (S) 4673 @ 0.00230000 LABCOIN
15:17 (S) 320 @ 0.00230200 LABCOIN
15:17 (S) 1 @ 0.00235500 LABCOIN

Fud and unbelievers get out.. and maybe people who think this will be a spike again..

[FloatesMcgoates]

edit: And yes I did sell a few satoshis in front of the wall because if things go as I expect, then I profit. If things continue to go well for labcoin, then I just buy back into the wall for a loss of transaction fees only. Risk/reward clearly favored selling for a few satoshis in front of wall

There's going to be an awful lot of competition to buy back in.  More shares will have sold in front of the wall than are in the wall.

Good luck.

lol

[KCBitcoin]

wow, what has happened?

15:25 (S) 3000 @ 0.00222800 LABCOIN
15:23 (S) 1067 @ 0.00205900 LABCOIN
15:23 (S) 2000 @ 0.00206000 LABCOIN
15:23 (S) 1000 @ 0.00206000 LABCOIN
15:23 (S) 691 @ 0.00206000 LABCOIN
15:23 (S) 248 @ 0.00209100 LABCOIN
15:23 (S) 50 @ 0.00209900 LABCOIN
15:23 (S) 1000 @ 0.00213900 LABCOIN
15:23 (S) 243 @ 0.00215000 LABCOIN
15:23 (S) 1 @ 0.00215100 LABCOIN
15:22 (S) 757 @ 0.00215000 LABCOIN
15:22 (S) 600 @ 0.00222200 LABCOIN
15:22 (S) 320 @ 0.00222400 LABCOIN
15:22 (S) 1 @ 0.00222500 LABCOIN
15:18 (B) 392 @ 0.00249800 LABCOIN
15:18 (S) 621 @ 0.00223300 LABCOIN
15:18 (S) 3000 @ 0.00223500 LABCOIN
15:18 (S) 240 @ 0.00224500 LABCOIN
15:18 (S) 655 @ 0.00228900 LABCOIN
15:17 (S) 4673 @ 0.00230000 LABCOIN
15:17 (S) 320 @ 0.00230200 LABCOIN
15:17 (S) 1 @ 0.00235500 LABCOIN

See the new warning.  IMO - not safe to hold this until it's fixed.

In your opinion - sell our shares into your bids.

[Bitcycle]

edit: And yes I did sell a few satoshis in front of the wall because if things go as I expect, then I profit. If things continue to go well for labcoin, then I just buy back into the wall for a loss of transaction fees only. Risk/reward clearly favored selling for a few satoshis in front of wall

There's going to be an awful lot of competition to buy back in.  More shares will have sold in front of the wall than are in the wall.

Good luck.

lol

Yeah, well random bad decisions by the exchange operator can't be helped.

[TheSwede75]

I don't think the locked shares thing is a big deal, but that warning needs to be cleared up ASAP.

I am in contact with burnside regarding resolving this ASAP. Since the team has separate accounts with BTCT.CO we are trying to find a smart solution to locking a certain amount (75%) of founder shares across several accounts.

I can only reiterate that the same statement as issued is still true and 75% of founder shares are, and will be held for 12 months from the date of the announcement.

Wise from my mistakes I am not giving a deadline, but I hope and think that we can resolve this "warning" very soon.

[BitCsByBit]

wow, what has happened?

15:25 (S) 3000 @ 0.00222800 LABCOIN
15:23 (S) 1067 @ 0.00205900 LABCOIN
15:23 (S) 2000 @ 0.00206000 LABCOIN
15:23 (S) 1000 @ 0.00206000 LABCOIN
15:23 (S) 691 @ 0.00206000 LABCOIN
15:23 (S) 248 @ 0.00209100 LABCOIN
15:23 (S) 50 @ 0.00209900 LABCOIN
15:23 (S) 1000 @ 0.00213900 LABCOIN
15:23 (S) 243 @ 0.00215000 LABCOIN
15:23 (S) 1 @ 0.00215100 LABCOIN
15:22 (S) 757 @ 0.00215000 LABCOIN
15:22 (S) 600 @ 0.00222200 LABCOIN
15:22 (S) 320 @ 0.00222400 LABCOIN
15:22 (S) 1 @ 0.00222500 LABCOIN
15:18 (B) 392 @ 0.00249800 LABCOIN
15:18 (S) 621 @ 0.00223300 LABCOIN
15:18 (S) 3000 @ 0.00223500 LABCOIN
15:18 (S) 240 @ 0.00224500 LABCOIN
15:18 (S) 655 @ 0.00228900 LABCOIN
15:17 (S) 4673 @ 0.00230000 LABCOIN
15:17 (S) 320 @ 0.00230200 LABCOIN
15:17 (S) 1 @ 0.00235500 LABCOIN

Someone will regret for overacting!!!

[Bitcycle]

I don't think the locked shares thing is a big deal, but that warning needs to be cleared up ASAP.

I am in contact with burnside regarding resolving this ASAP. Since the team has separate accounts with BTCT.CO we are trying to find a smart solution to locking a certain amount (75%) of founder shares across several accounts.

I can only reiterate that the same statement as issued is still true and 75% of founder shares are, and will be held for 12 months from the date of the announcement.

Wise from my mistakes I am not giving a deadline, but I hope and think that we can resolve this "warning" very soon.

Perhaps the warning can be removed while you work in good faith the resolve the issue.

[Ukyo]

The statement the exchange made was 100% factual.  Though it could have been worded differently, the warning needed to be made.  Attempts at communication prior to the issuance of the warning had not been successful.

I have updated the warning.

Thanks for the update and correction on this!

[KCBitcoin]

See how fast they can react!
Great move burnside!

[Ytterbium]

See how fast they can react!
Great move burnside!

Yeah, when the price is crashing

[Bitcycle]

Once again we see that emotion based trading is a bad idea.

[Anotheranonlol]

I have to much bets open; i have labcoin shares Dont care about your ego..

a typical and unsurprising response from loudest barker

Well you're the barker here! You ran out of ammo for the chips/boards/are we real/hashing stuff
and now your focussing on the hardware sales.. be a man and admit next week; you were wrong..

bet will prove in simple fashion who is right

[KCBitcoin]

See how fast they can react!
Great move burnside!

Yeah, when the price is crashing

plus the threat of delisting

[Bitcycle]

Were the issuers notified this action was going to be taken?