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Author Topic: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)  (Read 1042428 times)
drawingthesun
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August 31, 2013, 06:38:55 PM
 #4661



We're due for another selloff soon.

 Grin

In your dreams, we are going above 0.004 in a matter of hours.
1508799035
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lammedraak
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August 31, 2013, 06:50:32 PM
 #4662


In your dreams, we are going above 0.004 in a matter of hours.

Around 130k shares to be bought before we hit 0.004

http://bitcoinstats.nl/LABCOIN_script/create_graphs/html/LABCOIN_ORDERS.gif
Bitcycle
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August 31, 2013, 06:54:26 PM
 #4663


People should cash out and sell their btc for fiat before the exchange rate crashes.
Vigil
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August 31, 2013, 06:59:49 PM
 #4664


People should cash out and sell their btc for fiat before the exchange rate crashes.
What if it doesn't crash?
Bitcycle
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August 31, 2013, 07:04:18 PM
 #4665


People should cash out and sell their btc for fiat before the exchange rate crashes.
What if it doesn't crash?

It'll crash, but when and to what level is the question. 

At some point people have to offer their btc for sale.  We haven't reached that point yet.
damiano
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103 days, 21 hours and 10 minutes.


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August 31, 2013, 07:11:57 PM
 #4666


People should cash out and sell their btc for fiat before the exchange rate crashes.
What if it doesn't crash?

It'll crash, but when and to what level is the question. 

At some point people have to offer their btc for sale.  We haven't reached that point yet.

I took 85BTC worth of labcoin shares off the table. 

Coinbase just makes it to easy.

Vigil
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August 31, 2013, 07:25:59 PM
 #4667


People should cash out and sell their btc for fiat before the exchange rate crashes.
What if it doesn't crash?

It'll crash, but when and to what level is the question. 

At some point people have to offer their btc for sale.  We haven't reached that point yet.

I took 85BTC worth of labcoin shares off the table. 

Coinbase just makes it to easy.


too easy to do what?
Vigil
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August 31, 2013, 07:28:12 PM
 #4668


People should cash out and sell their btc for fiat before the exchange rate crashes.
What if it doesn't crash?

It'll crash, but when and to what level is the question. 

At some point people have to offer their btc for sale.  We haven't reached that point yet.
OK, but it might go up further before it crashes. In the meantime you would be stuck waiting for it to crash.
damiano
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August 31, 2013, 07:29:14 PM
 #4669


People should cash out and sell their btc for fiat before the exchange rate crashes.
What if it doesn't crash?

It'll crash, but when and to what level is the question. 

At some point people have to offer their btc for sale.  We haven't reached that point yet.

I took 85BTC worth of labcoin shares off the table. 

Coinbase just makes it to easy.


too easy to do what?

To sell your coins
Vigil
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August 31, 2013, 07:32:23 PM
 #4670


People should cash out and sell their btc for fiat before the exchange rate crashes.
What if it doesn't crash?

It'll crash, but when and to what level is the question. 

At some point people have to offer their btc for sale.  We haven't reached that point yet.

I took 85BTC worth of labcoin shares off the table. 

Coinbase just makes it to easy.


too easy to do what?

To sell your coins
Why would you want to sell your coins now?
damiano
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August 31, 2013, 08:06:14 PM
 #4671


People should cash out and sell their btc for fiat before the exchange rate crashes.
What if it doesn't crash?

It'll crash, but when and to what level is the question. 

At some point people have to offer their btc for sale.  We haven't reached that point yet.

I took 85BTC worth of labcoin shares off the table. 

Coinbase just makes it to easy.


too easy to do what?

To sell your coins
Why would you want to sell your coins now?

Because I originally purchased coins at $65 .
Vigil
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August 31, 2013, 08:19:39 PM
 #4672


People should cash out and sell their btc for fiat before the exchange rate crashes.
What if it doesn't crash?

It'll crash, but when and to what level is the question. 

At some point people have to offer their btc for sale.  We haven't reached that point yet.

I took 85BTC worth of labcoin shares off the table. 

Coinbase just makes it to easy.


too easy to do what?

To sell your coins
Why would you want to sell your coins now?

Because I originally purchased coins at $65 .
Was your goal to accumulate more and more bitcoins or to get cash? All I am saying is that cashing out right now isn't necessarily the best thing to do. There are multiple factors to consider... Bitcoin may continue to increase after you cashout AND Labcoin shares could almost double from current prices. Now if you had some arbitrage opportunity it would definitely make sense but there isn't really and solid opportunities with the Gox situation.
damiano
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August 31, 2013, 08:40:39 PM
 #4673


People should cash out and sell their btc for fiat before the exchange rate crashes.
What if it doesn't crash?

It'll crash, but when and to what level is the question.  

At some point people have to offer their btc for sale.  We haven't reached that point yet.

I took 85BTC worth of labcoin shares off the table.  

Coinbase just makes it to easy.


too easy to do what?

To sell your coins
Why would you want to sell your coins now?

Because I originally purchased coins at $65 .
Was your goal to accumulate more and more bitcoins or to get cash? All I am saying is that cashing out right now isn't necessarily the best thing to do. There are multiple factors to consider... Bitcoin may continue to increase after you cashout AND Labcoin shares could almost double from current prices. Now if you had some arbitrage opportunity it would definitely make sense but there isn't really and solid opportunities with the Gox situation.

There is nothing wrong with taking profits off the table.  I still have plenty of shares.

Yes the price will probably continue to rise, but it also could crash.  I've been a victim of my own greed in the past and I do not want to repeat past mistakes.


Also I can and still will generate coins on my own through mining group buys and all the dividends I collect
Vigil
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August 31, 2013, 09:01:59 PM
 #4674

There isn't going to be a "crash" but it may return to $90-$100, but in that case you only missed out on a %30 gain. Is your investment in Labcoin likely to yield more than a %30 gain in the next month or two? Just trying to understand your move cause I may try to do something similar - I'm just not seeing much of an advantage at this point.
TsuyokuNaritai
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August 31, 2013, 09:16:38 PM
 #4675


In your dreams, we are going above 0.004 in a matter of hours.

Around 130k shares to be bought before we hit 0.004


Where's this from & WTF is going on with that X-axis?

Ytterbium
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August 31, 2013, 09:16:45 PM
 #4676

There isn't going to be a "crash" but it may return to $90-$100, but in that case you only missed out on a %30 gain. Is your investment in Labcoin likely to yield more than a %30 gain in the next month or two? Just trying to understand your move cause I may try to do something similar - I'm just not seeing much of an advantage at this point.

Or they might go to 500 and then land at $250 Grin

This is similar to the situation that occurred late last year - massive quantities of hashpower scheduled to come online soon, people afraid they may be out of the mining game, and thus hording their last coins.  

damiano
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August 31, 2013, 09:57:24 PM
 #4677

There isn't going to be a "crash" but it may return to $90-$100, but in that case you only missed out on a %30 gain. Is your investment in Labcoin likely to yield more than a %30 gain in the next month or two? Just trying to understand your move cause I may try to do something similar - I'm just not seeing much of an advantage at this point.

No one knows, but judging from what I have seen and how things are going I think 30% is possible.

But I do also think as the price of btc increases I think there are some who will take profits off the table.

 
Vigil
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August 31, 2013, 10:09:43 PM
 #4678

There isn't going to be a "crash" but it may return to $90-$100, but in that case you only missed out on a %30 gain. Is your investment in Labcoin likely to yield more than a %30 gain in the next month or two? Just trying to understand your move cause I may try to do something similar - I'm just not seeing much of an advantage at this point.

No one knows, but judging from what I have seen and how things are going I think 30% is possible.

But I do also think as the price of btc increases I think there are some who will take profits off the table.

 
Of course, otherwise the price would go to infinity, which isn't possible. "Time-preference".
pheaonix
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September 01, 2013, 07:51:57 AM
 #4679

https://bitcointalk.org/index.php?topic=285125.0

when you register for this site, it redirects you to goatse

lol.

doesn't exactly inspire labcoin confidence.

good luck

EDIT: this has been resolved.

it was not their fault.

BTC.sx - Leveraged Bitcoin Trading. Simply use Bitcoin to take advantage of a rising or falling Bitcoin price.
drawingthesun
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September 01, 2013, 07:54:03 AM
 #4680

https://bitcointalk.org/index.php?topic=285125.0

when you register for this site, it redirects you to goatse

lol.

doesn't exactly inspire labcoin confidence.

good luck

TheSwede is taking note of a gambling site, its not his site.

https://bitcointalk.org/index.php?topic=228243.0
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