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

[ThickAsThieves]

Please keep them coming, it's for science!

Survey: As an individual, what do you most like about LabCoin?

[1714296555]

1714296555

[Kiaya]

Just broke the 7m mark.

[vesper39]

It's the next ActM. Choo Chooo

[Blue777]

when profits is made,you take 30% to reinvest,then you take 30% in left profits as dividend.which means all 7 m shareholders take 49% profits.am i right?
thanks

[TsuyokuNaritai]

Just broke the 7m mark.

Not at & above the IPO price, yet. Satoshi bids don't count.

[eve]

pretty surprising respond, a couple of deep pockets : 3652728    0.001000? 985280    0.001005?

5    0.020000
4444    0.001440
4    0.001212
700    0.001190
3450    0.001113
3333    0.001112
5000    0.001110
3000    0.001101
10851    0.001100
1000    0.001090
500    0.001088
2000    0.001020
4000    0.001013
5000    0.001012
200000    0.001011
73670    0.001010
138476    0.001009
388296    0.001008
92953    0.001007
225260    0.001006
985280    0.001005
5000    0.001004
78750    0.001003
185375    0.001002
465342    0.001001
3652728    0.001000
1175    0.0008000
1000    0.0007500
1000    0.0006000
5000    0.0005000
10000    0.0004000
5000    0.0003000
210059    0.0001000
200000    0.00001300
236700    0.00001000

[ChefBorjan]

Thanks for the correction all. I will keep an eye on BTC-TC, and I'll dig through this thread to check when the asks are timed for release.

Would have been nice to have bids frozen before the asks released, but from LabCoins perspective this is going to be great for them. In any case, like others I think this is going to be very interesting... the bubble might hit before the IPO is even out, and the trick is to buy shares once it crashes after opening... hmm.. decisions...

[yxxyun]

pretty surprising respond, a couple of deep pockets : 3652728    0.001000? 985280    0.001005?

5    0.020000
4444    0.001440
4    0.001212
700    0.001190
3450    0.001113
3333    0.001112
5000    0.001110
3000    0.001101
10851    0.001100
1000    0.001090
500    0.001088
2000    0.001020
4000    0.001013
5000    0.001012
200000    0.001011
73670    0.001010
138476    0.001009
388296    0.001008
92953    0.001007
225260    0.001006
985280    0.001005
5000    0.001004
78750    0.001003
185375    0.001002
465342    0.001001
3652728    0.001000
1175    0.0008000
1000    0.0007500
1000    0.0006000
5000    0.0005000
10000    0.0004000
5000    0.0003000
210059    0.0001000
200000    0.00001300
236700    0.00001000

I do not like this.

[vesper39]

This security is causing both ActM and AM to crash as people move their funds from one security to another. I think the smarter move may be to invest in AM/ActM while everyone else does the opposite and fights for IPO shares 

[hf]

Survey: As an individual, what do you most like about LabCoin?

AM has been starting to see a bunch of possible competitors if one of the set succeeds the valuation of the subgroup will need to be re-evaluated what company it will be is not certain however it is important to keep track of them all.

EDIT: What do I most like about Labcoin should reply to that well if they can hash it will bring about interesting changes in the bitcoin market and petahashing will be possible soon.

Congratulation, you just won an Apnea Award™.

[Kiaya]

Just broke the 7m mark.

Not at & above the IPO price, yet. Satoshi bids don't count.

True, I think this just happened a few moments ago.

[Mabsark]

This security is causing both ActM and AM to crash as people move their funds from one security to another. I think the smarter move may be to invest in AM/ActM while everyone else does the opposite and fights for IPO shares 

What exactly is supposed to be smart about investing in an asset with a price destined to decrease rather than assets with the potential for 10x and 100x increases?

ActM is still a good investment, but AM has hit its peak and will drop back into the 3.x range due to competition.

[Mabsark]

Survey: As an individual, what do you most like about LabCoin?

The potential for 10,000% ROI.

What exactly are you confused about?

[sayaz]

Not to discredit the potential of Labcoin, but the community response to this IPO reminds me an awful lot of behaviour in the alt coin forum when a new coin pops up... especially the likes of feathercoin and chinacoin

[dexX7]

What exactly is supposed to be smart about investing in an asset with a price destined to decrease rather than assets with the potential for 10x and 100x increases?

The idea behind this is to be one step ahead. While everyone is buying LABCOIN other shares are cheaper. When LABCOIN is high and people begin to cash out and invest in other shares, you may want to be in the position already holding them.

Not to discredit the potential of Labcoin, but the community response to this IPO reminds me an awful lot of behaviour in the alt coin forum when a new coin pops up... especially the likes of feathercoin and chinacoin

It is not predicatable when the approval votes come in and thus the issuer would have to be 24/7 ready. Well,.. and I think such a high demand wasn't predictable either. Or let me rephrase: this is (imho) the first time, something like this happend in such a degree.

[TsuyokuNaritai]

Not to discredit the potential of Labcoin, but the community response to this IPO reminds me an awful lot of behaviour in the alt coin forum when a new coin pops up... especially the likes of feathercoin and chinacoin

Alt coin behavior is spreading. You should see the ActiveMining price manipulation lately, especially on BitFunder.

[MonkeyMarcel]

What exactly is supposed to be smart about investing in an asset with a price destined to decrease rather than assets with the potential for 10x and 100x increases?

The idea behind this is to be one step ahead. While everyone is buying LABCOIN other shares are cheaper. When LABCOIN is high and people begin to cash out and invest in other shares, you may want to be in the position already holding them.

Bump. I did not manage to sell my ACTM shares in the high time, and now I cannot buy Labcoin. I was thinking: "Don't be greedy, you made 400% in 2 weeks, sell!".

[E.Sam]

Is there a reason why we cannot place any buy order? or am I missing something?

EDIT: I was missing something....

[medicine]

your missing something.  Step-by-step: log in, have funds in your account, enter the correct information including your pin #, press place bid button. 
Are you getting an error message?

[bobboooiie]

Is there a reason why we cannot place any buy order? or am I missing something?

EDIT: I was missing something....

Tried to put 1 bid on share into order book for you and it works, so you are missing something