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Author Topic: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)  (Read 1058520 times)
wickedgoodtrader
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September 04, 2013, 04:48:43 PM
 #5281

These updates at dips are SUPER suspicious. Does anyone even know who labcoin is and how? Is it the swede under a new name? Is it a troll?

CNN and Bloomberg want interviews? 200-300 TH/s now? Is this real life?

Also about the comment about saying if they were fraudsters they'd be announcing delays. They would be doing the exact opposite so they can unload shares. They would announce the best possible scenario, which is essentially what they did.
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September 04, 2013, 04:50:03 PM
 #5282

These updates at dips are SUPER suspicious. Does anyone even know who labcoin is and how? Is it the swede under a new name? Is it a troll?

CNN and Bloomberg want interviews? 200-300 TH/s now? Is this real life?

Also about the comment about saying if they were fraudsters they'd be announcing delays. They would be doing the exact opposite so they can unload shares. They would announce the best possible scenario, which is essentially what they did.
Activity 6, wow...
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September 04, 2013, 04:51:20 PM
 #5283

These updates at dips are SUPER suspicious. Does anyone even know who labcoin is and how? Is it the swede under a new name? Is it a troll?

CNN and Bloomberg want interviews? 200-300 TH/s now? Is this real life?

Also about the comment about saying if they were fraudsters they'd be announcing delays. They would be doing the exact opposite so they can unload shares. They would announce the best possible scenario, which is essentially what they did.

Time to sell!
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September 04, 2013, 04:51:34 PM
 #5284

These updates at dips are SUPER suspicious. Does anyone even know who labcoin is and how? Is it the swede under a new name? Is it a troll?

CNN and Bloomberg want interviews? 200-300 TH/s now? Is this real life?

Also about the comment about saying if they were fraudsters they'd be announcing delays. They would be doing the exact opposite so they can unload shares. They would announce the best possible scenario, which is essentially what they did.

This is a textbook FUD post.

"Who is this guy anyway? How do we know he's not booking his ticket to the Caymans?"
TMAN
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September 04, 2013, 04:51:41 PM
 #5285

We had good news, the FUDSTERS will keep picking it apart, the believers will buy more shares. just another day in Bitcoin stocks.

#FREETMAN
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September 04, 2013, 04:57:08 PM
 #5286

Can any person who's selling shares please give some insight into their thought process?
wickedgoodtrader
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September 04, 2013, 04:57:19 PM
 #5287



This is a textbook FUD post.

"Who is this guy anyway? How do we know he's not booking his ticket to the Caymans?"
[/quote]

Or you could have just answered the question.
ronaldlee0917
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September 04, 2013, 04:58:35 PM
 #5288

These updates at dips are SUPER suspicious. Does anyone even know who labcoin is and how? Is it the swede under a new name? Is it a troll?

CNN and Bloomberg want interviews? 200-300 TH/s now? Is this real life?

Also about the comment about saying if they were fraudsters they'd be announcing delays. They would be doing the exact opposite so they can unload shares. They would announce the best possible scenario, which is essentially what they did.
Just as how the penny stocks in RL operate.

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TMAN
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September 04, 2013, 05:10:49 PM
 #5289

can we keep it on track, we had great news. plans have changed for the better & hashing will go ahead as planned when planned.

sounds like a winner to me.

#FREETMAN
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September 04, 2013, 05:14:23 PM
 #5290

can we keep it on track, we had great news. plans have changed for the better & hashing will go ahead as planned when planned.

sounds like a winner to me.

Right, which is why I'm trying to wrap my head around why someone is selling shares at the moment.
velacreations
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September 04, 2013, 05:18:42 PM
 #5291

Can any person who's selling shares please give some insight into their thought process?

sell high, buy low.

I didn't sell today, but I bought around .003.  I was surprised to see that order filled, I put it there the other day.

I think we'll see a few more shakeups like this before the hashing date.  The crowd around here is really easy to scare.

San1ty
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September 04, 2013, 05:19:16 PM
 #5292

can we keep it on track, we had great news. plans have changed for the better & hashing will go ahead as planned when planned.

sounds like a winner to me.

Right, which is why I'm trying to wrap my head around why someone is selling shares at the moment.

Because, as I said a million times before: Mining doesn't start any time soon (multiple days), why get in now when you can wait a little longer and get your shares cheaper.

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stereotype
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September 04, 2013, 05:21:10 PM
 #5293

"We want to mention that we have received interview requests from several well know parties, CNN and Bloomberg being the most prominent  and late progress with our 65nm design lead us to believe we will deploy 200-300 TH within 2013."

The press contact stands out as something big, if true and carried-out/broadcast. Im interpreting the (early?) deployment, as a confident positive change of status/progress.

Seems genuine, but needs some meaningful evidence.  
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September 04, 2013, 05:22:00 PM
 #5294

Mining doesn't start any time soon (multiple days)

Hahah, only in bitcoin world does 6 days in the future translate to "no time soon"

I can understand waiting to buy, but I can't understand selling with the thought that the price will drop. Sure, it might, but man what a gamble...
jeffhuys
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September 04, 2013, 05:23:31 PM
 #5295

105 shares. Not much (for you guys), but we'll see where we go!

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September 04, 2013, 05:25:37 PM
 #5296

Deployment is proceeding according to plans and pictures of the devices will be revealed later. Hashing will start on the promised date.

Just to be clear, when is this 'promised date'?

10.09.2013

09.10.2013 for the Americans, we know how confused people get with timezones and what not  Cheesy
Bitcycle
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September 04, 2013, 05:28:01 PM
 #5297

These updates at dips are SUPER suspicious. Does anyone even know who labcoin is and how? Is it the swede under a new name? Is it a troll?

CNN and Bloomberg want interviews? 200-300 TH/s now? Is this real life?

Also about the comment about saying if they were fraudsters they'd be announcing delays. They would be doing the exact opposite so they can unload shares. They would announce the best possible scenario, which is essentially what they did.
Just as how the penny stocks in RL operate.

I'll spell it out step by step.

If they were fraudsters, they're now at the point where they have to start moving deadlines.  They're scheduled to be hashing next week.  If they aren't, then the price is going to plummet.  A fraudster, who would of course know they weren't going to ever hit any deadline ever, would push the deadline out in small increments, keeping people's faith as long as possible, while they kept selling off.

Sticking to a deadline a fraud can't hit gives the scam a hard ending deadline.  Stretching the deadline allows the scam to go on longer.

It's really quite simple if you take two seconds to think instead of reflexively type.

The fact that we aren't seeing any attempt at all to stretch a deadline is a strong indication they plan to actually hit it.  It's the wrong move for a fraud to keep it solid.  

The end.

Ytterbium
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September 04, 2013, 05:31:38 PM
 #5298

These updates at dips are SUPER suspicious. Does anyone even know who labcoin is and how? Is it the swede under a new name? Is it a troll?

CNN and Bloomberg want interviews? 200-300 TH/s now? Is this real life?

Also about the comment about saying if they were fraudsters they'd be announcing delays. They would be doing the exact opposite so they can unload shares. They would announce the best possible scenario, which is essentially what they did.

Labcoin has already been mentioned in Bloomberg.

TMAN
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September 04, 2013, 05:33:22 PM
 #5299

10K bid wall @ 0.003499  - someone believes,

#FREETMAN
ThickAsThieves
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September 04, 2013, 05:36:40 PM
 #5300

These updates at dips are SUPER suspicious. Does anyone even know who labcoin is and how? Is it the swede under a new name? Is it a troll?

CNN and Bloomberg want interviews? 200-300 TH/s now? Is this real life?

Also about the comment about saying if they were fraudsters they'd be announcing delays. They would be doing the exact opposite so they can unload shares. They would announce the best possible scenario, which is essentially what they did.
Just as how the penny stocks in RL operate.

I'll spell it out step by step.

If they were fraudsters, they're now at the point where they have to start moving deadlines.  They're scheduled to be hashing next week.  If they aren't, then the price is going to plummet.  A fraudster, who would of course know they weren't going to ever hit any deadline ever, would push the deadline out in small increments, keeping people's faith as long as possible, while they kept selling off.

Sticking to a deadline a fraud can't hit gives the scam a hard ending deadline.  Stretching the deadline allows the scam to go on longer.

It's really quite simple if you take two seconds to think instead of reflexively type.

The fact that we aren't seeing any attempt at all to stretch a deadline is a strong indication they plan to actually hit it.  It's the wrong move for a fraud to keep it solid.  

The end.



There are ways of "simulating" hashing.
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