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Author Topic: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)  (Read 1040117 times)
steveioio
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September 02, 2013, 10:15:20 PM
 #4901

When you spot seemingly manipulative behavior, you have to distinguish between (1) white knights, (2) concerned investors, (3) investors of other securities and (4) those who want to buy cheaper and (5) trolls or former investors who are raging for whatever reason.

lol so which one are you clever boy?

You see the problem? That's why I'm basing this on the chart. Nothing fabricated, made up or invented. This baby is going DOWN because when you see a specific price formation on a chart the laws of crowd behavior come into effect. Now sure a lot of guys on here are clueless and wouldn't know a double top if it hit them in the BALLS but there are some big guys who know the score. These guys are sharpening their knives. Their killing knives. Enjoy the next few days. I think in a funny way, you guys deserve it.
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physalis
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September 02, 2013, 10:22:18 PM
 #4902

Exactly, were they this close to hashing there would be a plethora of news about the progress of the project. Not enough time to take 5 minutes to update supporters is BS.

I think it's amazing how entitled everyone here seems about getting news. It's the same in every bitcoin security thread.

They gave an update not too long ago that everything is going as planned and that they plan on starting mining not later than september 10th.
Whether you believe that or not is up to you, but you can't deduct from lack of news-feed that they are not just simply working hard on getting everything running and want to present results when there are results to present.
Lack of news right now says absolutely nothing. If there are no news until september 10th, THEN you can start to be angry about it.

Anyway, I too have a strong feeling that they won't keep that "10th september" deadline, just because empirical evidence suggests that no one in hardware production ever keeps any such deadlines...
They have an untested chip to put on an untested board, and their expectations seem to be that everything will work without any problems, which I find a bit naive.
I'm still absolutely bullish on LC, and I really don't mind if it takes them a little longer, but I can already picture how absolutely batshit insane people will go if there's just the slightest bit of a delay.
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September 02, 2013, 10:26:16 PM
 #4903

When you spot seemingly manipulative behavior, you have to distinguish between (1) white knights, (2) concerned investors, (3) investors of other securities and (4) those who want to buy cheaper and (5) trolls or former investors who are raging for whatever reason.

lol so which one are you clever boy?

You see the problem? That's why I'm basing this on the chart. Nothing fabricated, made up or invented. This baby is going DOWN because when you see a specific price formation on a chart the laws of crowd behavior come into effect. Now sure a lot of guys on here are clueless and wouldn't know a double top if it hit them in the BALLS but there are some big guys who know the score. These guys are sharpening their knives. Their killing knives. Enjoy the next few days. I think in a funny way, you guys deserve it.

You don't need to be a genius to know that whacking someone over the head with a baseball bat is likely to hurt them. Likewise, you don't need any financial experience to know that the price of LC is not going to crash with mining set to begin within the week.

With financial experts like yourself, I'm not surprised the global economy was flushed down the shitter.

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September 02, 2013, 10:28:02 PM
 #4904

I'm still absolutely bullish on LC, and I really don't mind if it takes them a little longer, but I can already picture how absolutely batshit insane people will go if there's just the slightest bit of a delay.
This would be what's colloquially termed a "buying opportunity".
physalis
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September 02, 2013, 10:32:13 PM
 #4905

I'm still absolutely bullish on LC, and I really don't mind if it takes them a little longer, but I can already picture how absolutely batshit insane people will go if there's just the slightest bit of a delay.
This would be what's colloquially termed a "buying opportunity".
Correct. My btc are ready.
Bitcycle
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September 02, 2013, 10:43:33 PM
 #4906



There has been some minor selloff today.  Might move a bid or two lower if it continues.
carface
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September 02, 2013, 10:54:38 PM
 #4907

Is it worth buying shares now? Is there a chance their price could significantly increase?
steveioio
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September 02, 2013, 10:56:34 PM
 #4908



There has been some minor selloff today.  Might move a bid or two lower if it continues.

Around 10% -  lol to 'minor selloff'.

10% sell off is only the beginning. Just what a HOT stock would be doing right now. FOOLS.
steveioio
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September 02, 2013, 10:57:32 PM
 #4909

Is it worth buying shares now? Is there a chance their price could significantly increase?

Yes go for it, these guys want all the money they can get off you. Buy now - if everyone doesn't tell you that I'll eat my hat.
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September 02, 2013, 10:57:47 PM
 #4910



There has been some minor selloff today.  Might move a bid or two lower if it continues.

Around 10% -  lol to 'minor selloff'.

10% sell off is only the beginning. Just what a HOT stock would be doing right now. FOOLS.

cheers.

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  .CRYPTOCURRENCY..
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steveioio
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September 02, 2013, 10:59:45 PM
 #4911


cheers.

Listen to me kid and you will save yourself a world of pain. Short this MF.
radiumsoup
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September 02, 2013, 11:06:28 PM
 #4912

Listen to me kid and you will save yourself a world of pain. Short this MF.
Just how, pray tell?
steveioio
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September 02, 2013, 11:08:22 PM
 #4913

Listen to me kid and you will save yourself a world of pain. Short this MF.
Just how, pray tell?

That's easy, sell now and take your profits or watch this slide to .002 and below and sell then in a panic for a 50%+ loss.

radiumsoup
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September 02, 2013, 11:14:25 PM
 #4914

Listen to me kid and you will save yourself a world of pain. Short this MF.
Just how, pray tell?
That's easy, sell now and take your profits or watch this slide to .002 and below and sell then in a panic for a 50%+ loss.
What you're describing is a simple sale. I'm asking how you would direct someone to follow your instructions to "short this MF"?
Ytterbium
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September 02, 2013, 11:15:03 PM
 #4915


You see the problem? That's why I'm basing this on the chart. Nothing fabricated, made up or invented.

 ... a specific price formation on a chart the laws of crowd behavior come into effect. Now sure a lot of guys on here are clueless and wouldn't know a double top if it hit them in the BALLS

Um, no the chart astrology crap is "made up, fabricated, invented" - it's total nonsense, and it has zero predictive power in the real world. People call it "technical analysis" but there's no analysis and it's totally non-technical.  It's essentially reading chicken bones.

Quote
... but there are some big guys who know the score. These guys are sharpening their knives. Their killing knives. Enjoy the next few days. I think in a funny way, you guys deserve it.

There are no "big guys" in this stock.  Anyone with real money can afford to produce their own chips. The people who have a lot of bitcoin are the people who've been mining. Not idiotic chart astrologers.

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September 02, 2013, 11:17:30 PM
 #4916

You see the problem? That's why I'm basing this on the chart. Nothing fabricated, made up or invented.

I'm looking forward for your anaylsis. What do you see what makes you sure LAB is going down instead of breaking through the resistance?


steveioio
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September 02, 2013, 11:18:23 PM
 #4917


What you're describing is a simple sale. I'm asking how you would direct someone to follow your instructions to "short this MF"?

Are you on drugs?

I didn't say 'short sell' I said 'short' = go short. Dickhead.
Ytterbium
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September 02, 2013, 11:18:27 PM
 #4918

Listen to me kid and you will save yourself a world of pain. Short this MF.
Just how, pray tell?

That's easy, sell now and take your profits or watch this slide to .002 and below and sell then in a panic for a 50%+ loss.

Wait, so you think you're a finance genius and you don't know what the word 'short' means? Seriously?

What do you think that word means?

Someone earlier was talking about a "short squeeze" he thought was happening.  It's kind of amazing.  These people have literally no idea what they're talking about.


What you're describing is a simple sale. I'm asking how you would direct someone to follow your instructions to "short this MF"?

Are you on drugs?

I didn't say 'short sell' I said 'short' = go short. Dickhead.

You said:

Listen to me kid and you will save yourself a world of pain. Short this MF.

Short as a verb means to sell short. You obviously don't know anything.

steveioio
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September 02, 2013, 11:20:59 PM
 #4919

You see the problem? That's why I'm basing this on the chart. Nothing fabricated, made up or invented.

I'm looking forward for your anaylsis. What do you see what makes you sure LAB is going down instead of breaking through the resistance?



Cool, where did you get this candle chart from?
carface
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September 02, 2013, 11:24:25 PM
 #4920

Is it worth buying shares now? Is there a chance their price could significantly increase?

Yes go for it, these guys want all the money they can get off you. Buy now - if everyone doesn't tell you that I'll eat my hat.

So not worth it in your opinion then?
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