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Author Topic: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)  (Read 1058520 times)
carpetbagger
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August 25, 2013, 12:43:46 AM
 #3201

Phinnaeus, Ken is from Active Mining. Maybe discuss him on his thread?

Keep clam & hodl on
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Phinnaeus Gage
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August 25, 2013, 12:53:55 AM
 #3202

Phinnaeus, Ken is from Active Mining. Maybe discuss him on his thread?

Apologies, bud. Just realized that I've been posting in the wrong thread.
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August 25, 2013, 01:16:11 AM
 #3203

Amazingly, I've been research Ken for the past hour, not realizing he was on this forum till Google told me. I came across Ken's name while reading about Jeff Ownby and BFL.

I'm just going to ask a simply question, then leave:

Does anybody need to be concerned that Ken is in Missouri and the tapeout coincides with BFL tapeout timeline?

I may be mistaken, since Ken is affiliated with Godaddy:

Not really that concerning, since this is a Labcoin thread.  It would be funny if ActiveMining was supplying BFL's chips, though.

redbeans2012
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August 25, 2013, 01:20:05 AM
 #3204

Amazingly, I've been research Ken for the past hour, not realizing he was on this forum till Google told me. I came across Ken's name while reading about Jeff Ownby and BFL.

I'm just going to ask a simply question, then leave:

Does anybody need to be concerned that Ken is in Missouri and the tapeout coincides with BFL tapeout timeline?

I may be mistaken, since Ken is affiliated with Godaddy:

Not really that concerning, since this is a Labcoin thread.  It would be funny if ActiveMining was supplying BFL's chips, though.

Suddenly all Activemining shareholders would have to support BFL.   Undecided
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August 25, 2013, 02:40:02 AM
 #3205

I have a part-time job at the moment, until I find a real one, but I have realized I can make more money if I just stay home and trade. Like today... I would have sold at around .0034 and immediately placed a buy at .0031 or .0032 and picked up another 150 shares in the process (my BTC gain would have been approx 2 BTC), but I couldn't because I was at work for 6 hours where I only made about $50.
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August 25, 2013, 03:00:00 AM
 #3206

The problem with day trading is that if you stay home from work half the time you will lose btc plus you will be out the $50 in regular earnings.
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August 25, 2013, 03:19:30 AM
 #3207

The sell wall on .003 wasn't pulled at all, it was bought through.

Yup  Grin

I'm pretty sure it was pulled, though I stopped observing inbetween and came back later.

There was a >300 Bitcoin wall on .003 which was confirmed at 16:18:53 UTC by #3185 and reported as pulled at 18:40:31 UTC by #3196. In this timeframe no trade >= .003 is visible in BTC-TC's trade history and in the following 16 minutes before reaching .003001 there were 12286 shares bought at .003 for 36.858 Bitcoin. Even if you sum all trades of the last 24 hours you'll end up with only 120.111 Bitcoin worth of shares. Wink

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August 25, 2013, 03:20:56 AM
 #3208

The problem with day trading is that if you stay home from work half the time you will lose btc plus you will be out the $50 in regular earnings.
You don't lose if you have enough bitcoins. Maybe you lose, but...
Vigil
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August 25, 2013, 03:22:28 AM
 #3209

The sell wall on .003 wasn't pulled at all, it was bought through.

Yup  Grin

I'm pretty sure it was pulled, though I stopped observing inbetween and came back later.

There was a >300 Bitcoin wall on .003 which was confirmed at 16:18:53 UTC by #3185 and reported as pulled at 18:40:31 UTC by #3196. In this timeframe no trade >= .003 is visible in BTC-TC's trade history and in the following 16 minutes before reaching .003001 there were 12286 shares bought at .003 for 36.858 Bitcoin. Even if you sum all trades of the last 24 hours you'll end up with only 120.111 Bitcoin worth of shares. Wink
That huge wall was pulled. I saw it get pulled - it was like 260000 shares or something.
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August 25, 2013, 04:09:07 AM
 #3210

nice 73k buy wall at .0032

going up?
drawingthesun
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August 25, 2013, 04:46:36 AM
 #3211

nice 73k buy wall at .0032

going up?

Haha they might regret that if the news is bad!
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August 25, 2013, 04:51:05 AM
 #3212

nice 73k buy wall at .0032

going up?

Haha they might regret that if the news is bad!

Maybe they already know the news!

VolanicEruptor
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August 25, 2013, 04:54:25 AM
 #3213

nice 73k buy wall at .0032

going up?

Haha they might regret that if the news is bad!

They've already told us what the news is going to be.  We're just waiting for it.

limbaugh
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August 25, 2013, 05:11:41 AM
 #3214

Another Chinese IPO bites the dust. Is there a possibility that LC could face legal issues in the future?
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August 25, 2013, 05:13:55 AM
 #3215

Garden and now Myminer backout because of some legal issue in their country, http://myminer.com/pages/6  
Where is labcoin located?
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August 25, 2013, 05:19:19 AM
 #3216

Garden and now Myminer backout because of some legal issue in their country, http://myminer.com/pages/6  
Where is labcoin located?

Collecting funds from the public is illegal in China? Does this mean no IPO occurs on their stock markets? In fact how can they even have a stock market if the public can't participate?

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August 25, 2013, 05:21:47 AM
 #3217

Garden and now Myminer backout because of some legal issue in their country, http://myminer.com/pages/6 
Where is labcoin located?

Collecting funds from the public is illegal in China? Does this mean no IPO occurs on their stock markets? In fact how can they even have a stock market if the public can't participate?


Maybe they need to be legally registered to sell shares.
damiano
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103 days, 21 hours and 10 minutes.


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August 25, 2013, 05:29:08 AM
 #3218

Garden and now Myminer backout because of some legal issue in their country, http://myminer.com/pages/6  
Where is labcoin located?

Collecting funds from the public is illegal in China? Does this mean no IPO occurs on their stock markets? In fact how can they even have a stock market if the public can't participate?



They are not in mainland China.

drawingthesun
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August 25, 2013, 05:31:10 AM
 #3219

Garden and now Myminer backout because of some legal issue in their country, http://myminer.com/pages/6  
Where is labcoin located?

Collecting funds from the public is illegal in China? Does this mean no IPO occurs on their stock markets? In fact how can they even have a stock market if the public can't participate?



They are not in mainland China.



I'm not asking about Labcoin but real Chinese stock markets in general.
yuansuyi
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August 25, 2013, 05:32:48 AM
 #3220

Another Chinese IPO bites the dust. Is there a possibility that LC could face legal issues in the future?

LABCOIN is registered in HongKong with Chinse/European team, boss is Italian.
After all, I think these canceled IPOs failed not only because of legal risks, their ASS is not very clean.

FYI, Firedcat is also located in China.
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