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Author Topic: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)  (Read 1058520 times)
steveioio
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September 02, 2013, 11:27:25 PM
 #4921



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

Pedantic arsehole. You know I didn't say 'short sell'. I said short (yes a verb WELL DONE!) as in 'go short' as in SELL. Prick.
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Mabsark
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September 02, 2013, 11:27:57 PM
 #4922

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

It's pretty much a certainty at this point. Expect the share price to hit 0.01 BTC by the end of the week.
radiumsoup
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September 02, 2013, 11:29:16 PM
 #4923

Short as a verb means to sell short.
Thanks - I go off to catch up on a day or two of Fark headlines I've missed, and you fill in with the exact sentiment I would have typed up when I returned to read the response here. Cheesy
steveioio
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September 02, 2013, 11:29:46 PM
 #4924



So not worth it in your opinion then?

My opinion is contrarian here, but it is correct. This stock is about to descend into hell. lol, hell for anyone invested in it.
steveioio
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September 02, 2013, 11:31:56 PM
 #4925

Short as a verb means to sell short.
Thanks - I go off to catch up on a day or two of Fark headlines I've missed, and you fill in with the exact sentiment I would have typed up when I returned to read the response here. Cheesy

 Cheesy

?
Mabsark
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September 02, 2013, 11:32:32 PM
 #4926

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?

That idiot thinks the price is going to crash to below IPO prices 1 week before they start mining with 3/4 TH/s. That's all you need to know about him really.
steveioio
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September 02, 2013, 11:34:34 PM
 #4927

1 week before they start mining with 3/4 TH/s.

Strong statement - care to prove it? lol good luck.

Mabsark
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September 02, 2013, 11:36:10 PM
 #4928

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?

What a surprise, no analysis from the "financial expert".
radiumsoup
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September 02, 2013, 11:36:51 PM
 #4929

Short as a verb means to sell short. You obviously don't know anything.
Pedantic arsehole. You know I didn't say 'short sell'. I said short (yes a verb WELL DONE!) as in 'go short' as in SELL. Prick.
To sell short and to sell an existing long position are not the same thing. It's not pedantics, it's vocabulary.
Mabsark
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September 02, 2013, 11:38:53 PM
 #4930

1 week before they start mining with 3/4 TH/s.

Strong statement - care to prove it? lol good luck.



If you go to BTC-TC, and check the "News" for Labcoin, you'll see the following statement.

Quote
Status update

We have received the first chip batch and we're working full speed on finalizing the controller board design, mining will start no later than 10 September with about 3-4 TH, and to reach the full speed within October. Dividend payments will start on the same week.
We again remind everyone that the team shares won't be sold. We understand the investors concerns and we will be publishing pictures of the installment as soon as we are able to, before mining will start.

steveioio
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September 02, 2013, 11:39:28 PM
 #4931

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?


I asked about the chart and was waiting for some sort of reply, nevermind, ninja trader import.

My analysis - how about multiple rejections and four red engulfing candles you retard!! Are you blind? Holy fuck what a clown.
steveioio
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September 02, 2013, 11:43:31 PM
 #4932


To sell short and to sell an existing long position are not the same thing. It's not pedantics, it's vocabulary.

It's pedantics as you KNOW I am telling people to sell their holdings.

How the fuck do you 'sell a long position'? You either HOLD a long position or you don't. You cannot SELL a long position. ha ha ha you f-ed up at your own little game. Moron.
steveioio
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September 02, 2013, 11:45:07 PM
 #4933


If you go to BTC-TC, and check the "News" for Labcoin, you'll see the following statement.

Quote
Status update

We have received the first chip batch and we're working full speed on finalizing the controller board design, mining will start no later than 10 September with about 3-4 TH, and to reach the full speed within October. Dividend payments will start on the same week.
We again remind everyone that the team shares won't be sold. We understand the investors concerns and we will be publishing pictures of the installment as soon as we are able to, before mining will start.



Lol and this is proof? Ever heard the expression 'don't believe the hype'?
dexX7
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September 02, 2013, 11:45:49 PM
 #4934

Cool, where did you get this candle chart from?

NinjaTrader + BTC-TC API.

1. Charts do visualize what "the market" does and TA "works" to a certain degree. And while patterns can perfectly represent the underlying sentiment, it is not possible to account unpredictable external events due to their unpredictableness. You might assume "there is currently undecidedness and a breakout will follow soon" for example, but this is as far as you can go related to stocks like LAB, because you can't predit the actual outcome of that external event (= do they deliver chips or not).

2. You claim LAB is going down, though you couldn't provide any reasonable explanation to back this claim. Same goes for "the charts tell!".

physalis
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September 02, 2013, 11:46:34 PM
 #4935

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?

You really don't want to listen to that guy. Push the ignore button under his name to save yourself from some major eyerolling injuries.

But you shouldn't listen to anyone here telling you what you should or shouldn't buy.
If you listen to people about where you should throw your money, you'll just lose it.
Make your own decision.
AngelSky
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September 02, 2013, 11:46:58 PM
 #4936

you guys should go sleep

steveioio
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September 02, 2013, 11:47:41 PM
 #4937


2. You claim LAB is going down, though you couldn't provide any reasonable explanation to back this claim. Same goes for "the charts tell!".

Thanks for info. And my post at the top of this page?

I know the limits of ta, there is no news for a week, hence the chart takes precedent.

dexX7
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September 03, 2013, 12:02:31 AM
 #4938


2. You claim LAB is going down, though you couldn't provide any reasonable explanation to back this claim. Same goes for "the charts tell!".

Thanks for info. And my post at the top of this page?

I know the limits of ta, there is no news for a week, hence the chart takes precedent.

Hard to admit now, but I have nothing to add or disagree with this statement. Grin

Well, I guess I should rephrase "you're talking bs" to "your attitude sucks" or something. Tongue

radiumsoup
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September 03, 2013, 12:04:16 AM
 #4939

To sell short and to sell an existing long position are not the same thing. It's not pedantics, it's vocabulary.
It's pedantics as you KNOW I am telling people to sell their holdings.
I only know what you tell people by reading what you type - I cannot know what you intend to tell someone unless you express yourself in an understandable way.
Quote
How the fuck do you 'sell a long position'? You either HOLD a long position or you don't. You cannot SELL a long position. ha ha ha you f-ed up at your own little game. Moron.
A little vocabulary lesson seems to be in order:

To sell a long position is to sell shares of a security you already own.
To sell "short" is to borrow shares (usually from a broker) for the purposes of selling what you have not yet paid for.

I hope that makes it clearer for you. I can link you to the motley fool if you'd like, they have lots of articles for do-it-yourself-at-home investors that might be helpful.
steveioio
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September 03, 2013, 12:08:15 AM
 #4940


Hard to admit now, but I have nothing to add or disagree with this statement. Grin

Well, I guess I should rephrase "you're talking bs" to "your attitude sucks" or something. Tongue

Sorry what statement? Have you any comment on my analysis of your lovely chart? Multiple rejections (over a significant period), range engulfed to the downside? Nevermind, we both know where it's going.
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