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

[velacreations]

wow, I get to add another quote to my list:

Hashing rate will be visible again on the pool in about one hour, we are having again stability issue, working on that. 
Again,we remind everyone that we will bring online about 20 TH within October.

So.  They are moving the 20 TH deadline.  20TH by Nov 1, huh?  What will that be in network percentage, 0.5%?  So, share value of .001?

And with 20TH by Nov 1, you'll see less than 100 TH by Jan 1.

Is it too soon for "I told you so"?

tl;dr - Labcon will not achieve 1% of the network this year, which means their fair share price will not exceed .002

[runam0k]

snip

tl;dr - velacreations' recent trades:

14:07 (B) 3000 @ 0.00115100 LABCOIN
14:07 (B) 3520 @ 0.00115000 LABCOIN
14:07 (B) 320 @ 0.00115000 LABCOIN
14:07 (B) 1480 @ 0.00114500 LABCOIN
14:07 (B) 392 @ 0.00113100 LABCOIN
14:07 (B) 280 @ 0.00113000 LABCOIN

 

[Ytterbium]

tl;dr - Labcon will not achieve 1% of the network this year, which means their fair share price will not exceed .002

Which is twice it's current price. Grab some Cheap Shares^TM while you still can!

[KSGuy]

So what's new today, still no visible hashing?

bummer 

[pedrog]

So what's new today, still no visible hashing?

bummer 

Here:

UPDATE
Hashing rate will be visible again on the pool in about one hour, we are having again stability issue, working on that.  
Regarding the share transfer, we are still waiting for a final reply from Bitfunder.
Again,we remind everyone that we will bring online about 20 TH within October.

[velacreations]

tl;dr - Labcon will not achieve 1% of the network this year, which means their fair share price will not exceed .002

Which is twice it's current price. Grab some Cheap Shares^TM while you still can!

currently fair value is less than .00010

if they can't even get 1TH online by now, they won't hit 1% this year.  That means the fair value IS LESS THAN .002

Their plan is to have 20 TH by Nov 1, and IF they meet that goal, they'll be worth .001 /share.

But, that's a big "IF"

[velacreations]

So what's new today, still no visible hashing?

bummer 

another broken promise and another moved deadline for the 20TH to Nov 1.

[velacreations]

tl;dr - velacreations' recent trades:

14:07 (B) 3000 @ 0.00115100 LABCOIN
14:07 (B) 3520 @ 0.00115000 LABCOIN
14:07 (B) 320 @ 0.00115000 LABCOIN
14:07 (B) 1480 @ 0.00114500 LABCOIN
14:07 (B) 392 @ 0.00113100 LABCOIN
14:07 (B) 280 @ 0.00113000 LABCOIN

 

I don't buy stocks that exceed their fair value.  Their fair value is less than 1/10 of the price people are currently selling for.

[joele]

So what's new today, still no visible hashing?

bummer  

Here:

UPDATE
Hashing rate will be visible again on the pool in about one hour, we are having again stability issue, working on that.  
Regarding the share transfer, we are still waiting for a final reply from Bitfunder.
Again,we remind everyone that we will bring online about 20 TH within October.

Really? I think I'll take my chances, will buy more.

[codegnome]

I would love to see Labcoin's PM inbox. Full of positive words of encouragement.

Have you noticed he is not recommending picking up 'cheap' shares anymore?

[xiaopeifeng]

I would love to see Labcoin's PM inbox. Full of positive words of encouragement.

[moribana]

I would love to see Labcoin's PM inbox. Full of positive words of encouragement.

Have you noticed he is not recommending picking up 'cheap' shares anymore?

That's because shares are not cheap any more.

[velacreations]

That's because shares are not cheap any more.

+1

Even the Labcon team can see the writing on the wall...

[KSGuy]

So what's new today, still no visible hashing?

bummer 

Here:

UPDATE
Hashing rate will be visible again on the pool in about one hour, we are having again stability issue, working on that.  
Regarding the share transfer, we are still waiting for a final reply from Bitfunder.
Again,we remind everyone that we will bring online about 20 TH within October.

Thanks, so I created an account on bitfunder the other day. Has there been word of items on that account that I should match up with my btct account?

[abuelau]

So has 1 hour passed by? Is Labcoin back in BTCGuild?

[codegnome]

So has 1 hour passed by? Is Labcoin back in BTCGuild?

Take a guess. It is apparent that his posts are blatant attempts to spike the price. Nothing more.

[Pompobit]

So has 1 hour passed by? Is Labcoin back in BTCGuild?

Timezone is not specified, so we have to suppose they still have ~11 hours before they miss the deadline

[abuelau]

So has 1 hour passed by? Is Labcoin back in BTCGuild?

Take a guess. It is apparent that his posts are blatant attempts to spike the price. Nothing more.

He could be a bit smarter and say 6 hours instead of 1 though... why does he do this to himself? Maybe he's a masochist?

[cix888]

So has 1 hour passed by? Is Labcoin back in BTCGuild?

Take a guess. It is apparent that his posts are blatant attempts to spike the price. Nothing more.

they "seems" to be hashing with 2TH on BTC Guild

under Labcoin Liars and MoreThanLabcoin

[velacreations]

they are hashing with 2TH on BTC Guild

[citation required]