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Author Topic: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)  (Read 1042410 times)
Keninishna
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September 26, 2013, 06:51:00 PM
 #14681

I tried to dump but I get "Trading is currently frozen on this security." I'm sooooo fucked.
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JohnyBigs
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September 26, 2013, 06:51:41 PM
 #14682

I tried to dump but I get "Trading is currently frozen on this security." I'm sooooo fucked.

WOW, thank god I dumped my 50K shares! Dump while you can!!!
Rannasha
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September 26, 2013, 06:52:22 PM
 #14683

I tried to dump but I get "Trading is currently frozen on this security." I'm sooooo fucked.
Set your public BTC address to reenable trading.
KSGuy
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September 26, 2013, 06:52:27 PM
 #14684

I tried to dump but I get "Trading is currently frozen on this security." I'm sooooo fucked.

Are you sure?
I was able to sell one.

Received Ask Order: 1 @ 0.000832 BTC

Sale 1 @ 0.000832 BTC Complete.
Ytterbium
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September 26, 2013, 06:53:26 PM
 #14685

I tried to dump but I get "Trading is currently frozen on this security." I'm sooooo fucked.

OH NO EVERYONE SELL BEFORE THE LOCK GETS TO THEIR ACCOUNT!!!!!

But if that happens how will we get Cheap SharesTM?

JohnyBigs
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September 26, 2013, 06:55:02 PM
 #14686

I tried to dump but I get "Trading is currently frozen on this security." I'm sooooo fucked.

OH NO EVERYONE SELL BEFORE THE LOCK GETS TO THEIR ACCOUNT!!!!!

But if that happens how will we get Cheap SharesTM?


QUICK BEFORE YOU ARE LOCKED FOREVER AND IT'S WORTHLESS!!

CAPS LOCK, RED COLOR, BIG SIZE, this thing is serious!
ltiv
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September 26, 2013, 06:55:27 PM
 #14687

Liquidate your shares today! https://bitcointalk.org/index.php?topic=300663.0 Cool
drawingthesun
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September 26, 2013, 06:56:22 PM
 #14688

I tried to dump but I get "Trading is currently frozen on this security." I'm sooooo fucked.

OH NO EVERYONE SELL BEFORE THE LOCK GETS TO THEIR ACCOUNT!!!!!

But if that happens how will we get Cheap SharesTM?


QUICK BEFORE YOU ARE LOCKED FOREVER AND IT'S WORTHLESS!!

CAPS LOCK, RED COLOR, BIG SIZE, this thing is serious!

Beware the approaching lock! Its eating accounts one by one! Sell before its too late!
matt4054
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September 26, 2013, 06:57:09 PM
 #14689


0.0004 / share?! WTF?
JohnyBigs
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September 26, 2013, 06:58:04 PM
 #14690


it's going below that before the lock it will hit .000000001
moneymanagment
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September 26, 2013, 07:01:10 PM
 #14691

Is everyone a manipulator today. ahhhh. sell, wait huh

MICROMONEYTOKEN CROWDSALE - 18TH of OCTOBER 2017
▐▬▬▬▬▬▬▬  MicroMoney for People & Big Data for Business  ▬▬▬▬▬▬▬▌
Facebook  |  Twitter  |  LinkedIn  |  Reddit  |  Medium  |  Telegram  |
sveetsnelda
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September 26, 2013, 07:01:52 PM
 #14692

lol.  Possibility of a Paypal claim + lower than current market value?

Where do I sign?!?!?

14u2rp4AqFtN5jkwK944nn741FnfF714m7
matt4054
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September 26, 2013, 07:02:22 PM
 #14693


it's going below that before the lock it will hit .000000001

Are you anti-Labcoin now? Cheesy

Anyway, based on their current hashrate, that is a very decent price, but it's cheap if they reach 10 TH/s but that is *very* unlikely to happen since they have proven times and again that they are at best not on schedule, and IMHO totally off their target.

My best guess for a fair price would be around 0.000060 to 0.000250 so it's a wide scale... but 0.000750 is totally overvalued.

In other words, it's still a good time to sell off your last shares.
ltiv
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September 26, 2013, 07:02:43 PM
 #14694

I guess the quote "Just smile and wave boys" is appropriate in this situation? Smiley
Look, I'm only offering to liquidate a stock that looks like it may or may not fall apart within an hour or two times by the looks of the current market. Surely, offering $0.05 or 0.0004 is a premium deserved (obviously, fees will be paid on my end). Wink
Puppet
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September 26, 2013, 07:03:23 PM
 #14695

Its fact that's why burnside posted the warning

For those that truly worry, best I can tell,  trading these securities is not illegal and the fact they are unregistered securities doesnt mean they are invalid or worthless (Im sure there is a million other reason why they are worthless though). So as a shareholder, afaik you are not violating any law nor giving up any of your rights.

However issuing these unregistered securities and offering them for sale publicly clearly is illegal in most countries, including the US, as is providing "substantial assistance", "knowingly or recklessly". There is no doubt in my mind that Theswede could be held liable under US law. And thats even if Labcoin were legit and were to put 1000TH online tomorrow.

Of course Ytterbium, Ytterbium & Associates says its all perfectly legal. If in doubt, I suggest you make up your own mind. This is some human readable info from the sec on the subject:
http://www.sec.gov/investor/pubs/preipo.htm
(dont think that the SEC will consider an IPO on BTCT as a real IPO)

Here is the act:
http://www.law.cornell.edu/wex/securities_act_of_1933
KSGuy
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September 26, 2013, 07:04:05 PM
 #14696

lol.  Possibility of a Paypal claim + lower than current market value?

Where do I sign?!?!?

That's how I read that thread as well Wink

Hi I'm new.
I'll pay with paypal for your shares
then I'll do a charge back

contact me now!!
Luckybit
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September 26, 2013, 07:07:35 PM
 #14697

lol.  Possibility of a Paypal claim + lower than current market value?

Where do I sign?!?!?

That's how I read that thread as well Wink

Hi I'm new.
I'll pay with paypal for your shares
then I'll do a charge back

contact me now!!


That will get the SEC involved for sure. Are you all trying to get Labcoin shut down?
KSGuy
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September 26, 2013, 07:09:30 PM
 #14698


That will get the SEC involved for sure. Are you all trying to get Labcoin shut down?
I have no idea why you quoted me..  Huh
ltiv
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September 26, 2013, 07:10:30 PM
 #14699

lol.  Possibility of a Paypal claim + lower than current market value?

Where do I sign?!?!?

That's how I read that thread as well Wink

Hi I'm new.
I'll pay with paypal for your shares
then I'll do a charge back

contact me now!!
Well, however you see it. I've dealt with multiple individuals on different forums in the past with paypal, the items sold or bought in question were premium accounts for certain filehosts including but not least; rapidshare, multiupload, hotfile and what not. I've not occurred any problems with them in the past. You're entitled to your own opinion, however an offer is an offer, whether you take it or not is up to you.

Now, I'm not sure what the problem is with offering to liquidate a stock that looks like it's about to collapse in the current market but if you have anything against the offer, sure - that's what you're entitled to. I may be new to this forum, but I'm sure a certain amount of trust will be able to be developed if we (me and my potential seller) keep in contact during the duration of the deal.
JohnyBigs
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September 26, 2013, 07:10:33 PM
 #14700


it's going below that before the lock it will hit .000000001

Are you anti-Labcoin now? Cheesy

Anyway, based on their current hashrate, that is a very decent price, but it's cheap if they reach 10 TH/s but that is *very* unlikely to happen since they have proven times and again that they are at best not on schedule, and IMHO totally off their target.

My best guess for a fair price would be around 0.000060 to 0.000250 so it's a wide scale... but 0.000750 is totally overvalued.

In other words, it's still a good time to sell off your last shares.

Moral of the story overvalued piece of doo doo sell before BTCT closes for good, they cant even get hash rate up, and cant keep a simple deadline, can't wait for them to take a hold of direct shares and set up a new exchange.

It's been days and these morons still haven't decided on an exchange. Sell while you can before you get screwed forever!
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