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Author Topic: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)  (Read 1079977 times)
Luckybit
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September 27, 2013, 12:51:06 AM
 #14861


If you sold to buy back cheaper you might have a steep loss ahead of you.


Buy back now to limit your loss.  At these prices even just 0.0001 difference can be a huge percentage decrease in shares for you.

Nice try.
These shares aren't worth any more than they were a few hours ago. Worthless shares shouldn't be rising in price which means they'll be dumped again in the future.

There is no logical reason for the share value to go up. They aren't hashing faster, they haven't given a statement.

I'm not saying not to buy back in. I'm saying 0.00018 is the next price after the next dump. It's going to be dumped again for sure and this is called a bull trap.

It's not dropping further, the panic has already happened.


What happens when those people camping out with those huge bids around 0.0005 realize they aren't going to get filled and have to buy back in at higher prices?  They'll drive up to twice where we're at right now.

Less than 30,000 20,000 shares for sale at less than 0.001.  

Oof! Someone's gonna lose out.

Enjoy the ride!

Buy back for what?
Just wait, the price will go down.
If you want to buy back in a hurry go ahead. I think its wise to wait until October.
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coinfresh
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September 27, 2013, 12:54:06 AM
 #14862

Damn I made over 100% on it... imagine if you could work your trades and make 100% instead of lose 100%.. that's how you get rich.

talk is cheap, prove it.
BitCsByBit
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September 27, 2013, 01:20:52 AM
 #14863

Somebody just bought 21255 shares!

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ronaldlee0917
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September 27, 2013, 01:23:15 AM
 #14864

Somebody just bought 21255 shares!
Buyback time?

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codegnome
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September 27, 2013, 01:24:10 AM
 #14865

Somebody just bought 21255 shares!
Buyback time?

If you are mentally challenged.

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moneymanagment
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September 27, 2013, 01:24:57 AM
 #14866

I'm taking 1 BTC and .5BTC bets that LC is at .0001 in 24 hours. On your honor and name. I have 10 BTC to spare

I'll take that bet for fun and 0.5 BTC.
Last trade 24h from my post decides. Ok?
Deal.
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September 27, 2013, 01:29:02 AM
 #14867

Somebody just bought 21255 shares!
Buyback time?

If you are mentally challenged.
Actually it's called the bottom rally. It's when all weak hands are done selling and the rally behind. I guarantee it only goes up from here on out
radiumsoup
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September 27, 2013, 01:30:07 AM
 #14868

Somebody just bought 21255 shares!
Buyback time?
If you are mentally challenged.
Actually it's called the bottom rally. It's when all weak hands are done selling and the rally behind. I guarantee it only goes up from here on out
for posterity

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BitCsByBit
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September 27, 2013, 01:37:40 AM
 #14869

Somebody just bought 21255 shares!
Buyback time?

If you are mentally challenged.
Actually it's called the bottom rally. It's when all weak hands are done selling and the rally behind. I guarantee it only goes up from here on out

I disagree.

I believe it will dip again. There is a lot of uncertainty regarding the new exchange and the time frame it will take to get the chips working properly. People fear of the unknown and make emotional decisions.

The issue is that everyone in the Bitcoin land has very short attention span, and everybody wants quick and easy money. Not many people think long term.

Edit: So far, the only people that benefited from Labcoin are the "investors" that don't care about the long term value of the company (short term investors aka flippers).

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JohnyBigs
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September 27, 2013, 01:39:11 AM
 #14870

wow they haven't mined shit their last payment fell too .10BTC in the last couple of hours, Labcoin is dead lol
Bitcycle
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September 27, 2013, 01:39:46 AM
 #14871

Somebody just bought 21255 shares!
Buyback time?

If you are mentally challenged.
Actually it's called the bottom rally. It's when all weak hands are done selling and the rally behind. I guarantee it only goes up from here on out

Buying back in is already considerably more expensive on a percentage basis.

Not a lot of room left to squeeze in under ipo price.
JohnyBigs
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September 27, 2013, 01:40:45 AM
 #14872

Somebody just bought 21255 shares!
Buyback time?

If you are mentally challenged.
Actually it's called the bottom rally. It's when all weak hands are done selling and the rally behind. I guarantee it only goes up from here on out

You are all weak hands, if you a short term trader your a weak hand, waiting to be punished
twentyseventy
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September 27, 2013, 01:50:57 AM
 #14873

Somebody just bought 21255 shares!
Buyback time?

If you are mentally challenged.
Actually it's called the bottom rally. It's when all weak hands are done selling and the rally behind. I guarantee it only goes up from here on out

You are all weak hands, if you a short term trader your a weak hand, waiting to be punished

My short term trading has more than doubled my money since the IPO. A stock like this, where liquidity is tight and the stock swings 30%+ on good or bad news, is a speculator's dream.
kingcrimson
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September 27, 2013, 01:52:25 AM
 #14874

Somebody just bought 21255 shares!
Buyback time?

If you are mentally challenged.
Actually it's called the bottom rally. It's when all weak hands are done selling and the rally behind. I guarantee it only goes up from here on out

You are all weak hands, if you a short term trader your a weak hand, waiting to be punished

My short term trading has more than doubled my money since the IPO. A stock like this, where liquidity is tight and the stock swings 30%+ on good or bad news, is a speculator's dream.

A gambler's* dream
twentyseventy
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September 27, 2013, 01:54:34 AM
Last edit: September 27, 2013, 02:08:41 AM by twentyseventy
 #14875

Somebody just bought 21255 shares!
Buyback time?

If you are mentally challenged.
Actually it's called the bottom rally. It's when all weak hands are done selling and the rally behind. I guarantee it only goes up from here on out

You are all weak hands, if you a short term trader your a weak hand, waiting to be punished

My short term trading has more than doubled my money since the IPO. A stock like this, where liquidity is tight and the stock swings 30%+ on good or bad news, is a speculator's dream.

A gambler's* dream

Yes, this market, and this stock especially, oftentimes blurs the lines between investing/speculating and gambling. Don't tell my wife.
velacreations
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September 27, 2013, 02:10:34 AM
 #14876

looks like Labcoin will wait it out and buy their company back for .00001 a share.  No need to worry about an exchange transfer.

BitCsByBit
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September 27, 2013, 02:16:34 AM
 #14877

looks like Labcoin will wait it out and buy their company back for .00001 a share.  No need to worry about an exchange transfer.

Vela, shouldn't you be worried about ASICMiner?



OFFICIAL ASICMINER UPDATE
 
• We made an order of another brand of power chips which are about two weeks late.
• The size of the Gen2 order will be decided as appropriate, according to the network difficulty when it is time to finalize the order size.



Two Weeks late!!!

Gen2 chips not coming any time soon.

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velacreations
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September 27, 2013, 02:20:43 AM
 #14878

Gen2 chips not coming any time soon.
They are not planned until Nov-Dec, so why would I care?  Meanwhile, they got 500TH coming next month.

Labcon got 500 GH up... for a while
LC is still overvalued (and the market has realized that fact)

dopamine
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September 27, 2013, 02:26:57 AM
 #14879

When it gets to 0.00018

It is still over valued at .00018.

.0001 is a fair value for a company mining at .06% of the network. 


..... of course, they have to actually be mining to be worth that....

The biggest sock pocket , your so confident on making these calls then buy some PUTS

Bitcoinica still has not given me 50% of my claim of 600 BTC
INTERSANGO can go down with bitcoinica for abandoning customers
Alberto Armandi is a SCAMMER
BitCsByBit
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September 27, 2013, 02:29:28 AM
Last edit: September 27, 2013, 02:43:58 AM by BitCsByBit
 #14880

Gen2 chips not coming any time soon.
They are not planned until Nov-Dec, so why would I care?  Meanwhile, they got 500TH coming next month.

Labcon got 500 GH up... for a while
LC is still overvalued (and the market has realized that fact)


Where are they going to house 500TH? How many blades is that?
I'm pretty sure they wont be hashing with most of those, and they will be sold with a lot smaller mark up then before. After all, they are 130nm, and not many people will be that interested to buy unless it is very cheap GH/$.

What percentage of the network is ASICMiner now? 1-2%?

Also, isn't the share price only about 30% of what it was a couple of months back?

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