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Author Topic: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)  (Read 1058520 times)
dhenson
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August 28, 2013, 05:16:12 AM
 #3781

look how long ActM is taking with there new chip test, now think about how it will go for labcoin + the no news

I have no idea about ActM. Did they take forever with no news?

They raised the money for a payment to a company called eAsic a few months back and there hasn't been a word since about what has developed. Any attempts to push the founders to release any information at all are quickly drowned out by religiously devout activemining shareholders screaming that you are spreading "FUD" and that the founders "cant say anything because of NDA". Half of these accounts are probably sock puppets.

+1

My position in ActM is at about 10% of what it once was.  If they just decided to pocket the 10k+ btc and not pay the NRE, the outcome would look a lot like what we are seeing now.
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drawingthesun
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August 28, 2013, 05:20:57 AM
 #3782

Well my latest evaluation is that they have no ASIC's at all.

Labcoin is now a good buy at 0.0008

I recommend getting out if your entry price was above 0.0008

At the moment you are holding stock in a company with no chips, the employees are always travelling and not actually doing any work.

I think this one is over. Sad
Mutated btc
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August 28, 2013, 05:22:30 AM
 #3783

progress whatever condition?  Do you even know what you're talking about?   Cheesy  If there is no progress, then there is no report.  To state there is nothing is better than silence.  Period.


lol, then why people are waiting for news or expecting.

news = current progress, whether chip is done, broke, working, not yet arrived, etc
demzie
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August 28, 2013, 05:23:55 AM
 #3784

hahaha Smiley

Well i just question myself.. what if he post news about chips that have arrived..

Were going to see this bullshit (thread i mean) every two weeks when theres no update? wtf..
carpetbagger
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August 28, 2013, 05:25:39 AM
 #3785

Really amazed if this is a real company!

Keep clam & hodl on
drawingthesun
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August 28, 2013, 05:26:45 AM
 #3786

hahaha Smiley

Well i just question myself.. what if he post news about chips that have arrived..

Were going to see this bullshit (thread i mean) every two weeks when theres no update? wtf..

Well we will see posts like this waiting for news until Labcoin starts hashing. So far they have not turned on a single ASIC.

The news we are waiting on is very important. I am surprised the shares are still quite high considering Swede has no idea where and what the employees are doing, yet alone where the ASIC's are.
BitThink
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August 28, 2013, 05:33:38 AM
 #3787

so for the sellers, the last chat from yuansuyi is positive! hahaha

The head of the company that doesn't know whats going on? very positive.

Hahaha you must be joking right?

If your a biljonaire and have many projects you have people who arrange and organise that for you..

Do you think winklevoss brothers know what happens on a startup project somewhere in china? hahahaha wake up man!


If I am a billionaire, I don't think I need to go to a virtual market to collect less than $1m.
BitThink
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August 28, 2013, 05:44:50 AM
 #3788

I will summarize what I have known from today's posts as following.

1. The CEO seems does not know much or care much about this project. He said he just signed the contract to request "a sample" for Labcoin Project. He is currently following other projects.
2. This project collected 7000 BTC, around $0.7M that time. The market value now is 30000BTC, that is $3.6M now.

So what's the conclusion. Either this is a really large company where 3.6M USD is just a small project the CEO does not bother to care, or the company is just lending the brand to someone. If the former is true, why such a large company bothers to go to BTCT to collect just $0.7M in the first place.

Just my 2 cents.
blastbob
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August 28, 2013, 06:27:49 AM
 #3789

Just woke up and someone filled up my super low bids. What a great way to start the day. Free money Smiley

Psst.. Got Ether?
drawingthesun
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August 28, 2013, 06:30:13 AM
 #3790

Just woke up and someone filled up my super low bids. What a great way to start the day. Free money Smiley

Well its going below 0.001 in 8 hours so maybe sell them again?
eve
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August 28, 2013, 06:30:38 AM
 #3791

Well my latest evaluation is that they have no ASIC's at all.

Labcoin is now a good buy at 0.0008

I recommend getting out if your entry price was above 0.0008

At the moment you are holding stock in a company with no chips, the employees are always travelling and not actually doing any work.

I think this one is over. Sad

maybe is true you never know Wink
demzie
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August 28, 2013, 06:31:32 AM
 #3792

He has even lower bids hahaha
N_S
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August 28, 2013, 06:31:40 AM
 #3793

Just woke up and someone filled up my super low bids. What a great way to start the day. Free money Smiley

Ah yes, those free, valuable shares of Vaporcoin.
redbeans2012
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August 28, 2013, 06:35:02 AM
 #3794

Just woke up and someone filled up my super low bids. What a great way to start the day. Free money Smiley

Wow tell me how I can buy some shares of a company that hasn't really shown any proof that they've done anything.
San1ty
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August 28, 2013, 06:39:40 AM
 #3795

Lol, I love this market! It was pretty obvious yesterday that share price would be dropping.
I hope a lot of you got your buy orders filled at .0021-.0023, there is a great opportunity to take profit (if you haven't done so already @ .003) again as we are far from the bottom if today is another no news day.

Gratz on the profit taking gents!

Found my posts helpful? Consider buying me a beer :-)!:
BTC - 1San1tyUGhfWRNPYBF4b6Vaurq5SjFYWk NXT - 17063113680221230777
onecent
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August 28, 2013, 06:46:30 AM
 #3796

 I am really enjoying whatching these non-sense FUD, nice work! Smiley
redbeans2012
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August 28, 2013, 06:51:16 AM
 #3797

I am really enjoying whatching these non-sense FUD, nice work! Smiley

Can you give some positive proof to counteract?
drawingthesun
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August 28, 2013, 06:55:03 AM
 #3798

I am really enjoying whatching these non-sense FUD, nice work! Smiley

Can you give some positive proof to counteract?

No chips, no employees, only 1 PR guy (Swede) and thats it.

How on earth could he have something to counteract the current situation?

He can't, no one can.

This is hitting 0.001 very soon, its a failed stock, no company even exists.
FloatesMcgoates
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August 28, 2013, 06:58:01 AM
 #3799

round 2
demzie
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August 28, 2013, 06:58:27 AM
 #3800

I am really enjoying whatching these non-sense FUD, nice work! Smiley

Can you give some positive proof to counteract?

No chips, no employees, only 1 PR guy (Swede) and thats it.

How on earth could he have something to counteract the current situation?

He can't, no one can.

This is hitting 0.001 very soon, its a failed stock, no company even exists.

For now its your word againt theswede his word, only fact is the company owner admits the project exists.
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