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Author Topic: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)  (Read 1041867 times)
Ytterbium
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September 08, 2013, 07:42:58 PM
 #5761

there are many like you waiting for the proof so once it starts hashing expect share prices to double, if going long then paying a premium is not an issue i guess... on the other hand if i had that 70btc now i'd go all in and make at least 10btc in profit once sam brings out some news... enter @0.0033 and exit at 0.004 how difficult can this be?  Grin

Yeah, but you have to keep in mind "Buy on the rumor, sell on the news".  If everyone guys in waiting for them to hash, then who's going to be left to boost the price once they do?

There could be a big group of buyers ready to buy once they start hashing.  Or we could see a 'melt up' like we did with ActM.  Or we might just see not much change like we did when the chip pictures come in.

There's no way to predict what's going to happen given this limited market. I do think the stock will be really profitable in the next few months once they start paying dividends. But that doesn't meant there's enough bitcoin on the exchanges to even get the price high enough to where it's supposed to be.

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Bitcycle
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September 08, 2013, 07:44:03 PM
 #5762

loosing

*losing
I can only watch you misspell it so many times.

I dunno, I find I can laugh at him all day.
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September 08, 2013, 07:46:21 PM
 #5763

It's all so bad here actm is great... Go back to your vapourware thread. We will be hashing in days
Stuartuk
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September 08, 2013, 07:49:03 PM
 #5764

There's no way to predict what's going to happen given this limited market.

And now even the Cheerleaders have their doubts.

So by this cheerleaders own admission, if the news is good price could fall.

Didn't I warn everyone about that 24hrs ago and get laughed out of here?

So what's changed?

velacreations
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September 08, 2013, 07:51:18 PM
 #5765


lol you guys are hilarious.

What you have seen a price plateau that held for an hour before someone saw there was not enough buying pressure to sustain the move and sold to take profit.

For some reason you are all jerking each other off here telling yourselves people are trying to dip price to buy in cheap. Well guys, if your intention is to dip price to get in cheap you do not, I repeat, do not try that at the top of a recent price surge.

I agree that it was a stupid time to do what the guy did. But, if that's the explanation (no manipulation, just stupidity), then that trader acted too quickly and missed out on a lot of profit.

there was considerable demand right before and after his giant sell.  So, you are telling me, rather than setting up sell orders and have them filled (like they had been for a lot of time before this action) it is better to accept a lower price (like 10% less) and fill buy orders?

that's stupid.

Vigil
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September 08, 2013, 08:00:27 PM
 #5766

So many shares are being dumped at just under .0037.
Ytterbium
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September 08, 2013, 08:01:14 PM
 #5767

The facts here are: you are all scared shitless of loosing your shirts, no-one knows WTF LC are up to because they have gone silent, and price is in it's all time high territory = over-valued. Perfect conditions for a perfect storm. Enjoy the ride.

Here's why you should ignore this guy: No numbers, no dates in his "prediction"   - because he's not saying what he thinks the share price will go down too and when, his "theory" can never be falsified - the "big dump" will always be some point off in the future.

Obviously if he had any ability to predict stock prices from charts at all, he could have put in a 0.0065 sell order on ActM and a buy at 0.0038 and doubled his stake without even being at his computer.   Or he would have sold ActM a week ago, waited for the price to go down, then bought, sold, and bought again and quadrupled it.

Instead he's just in here ranting about bout what the "whales" and the "big money" are going to, because he thinks they see the same things he does, but somehow they are actually making money off it while he isn't.  In reality a small player would be able to profit more because they don't have to eat down the ask or bid walls to make a move, or wait hours for them to get filled - if the price doesn't move away from them.

So, he's just spouting nonsense - probably only has the effect of trying to make himself feel better about how much money he's lost on ActM. (I do have him on ignore but clicked show/hide anyway.  Probably shouldn't have but whatever)

Stuartuk
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September 08, 2013, 08:13:26 PM
 #5768

Obviously if he had any ability to predict stock prices from charts at all, he could have put in a 0.0065 sell order on ActM and a buy at 0.0038 and doubled his stake without even being at his computer.  

lol How do you know I didn't? Have you seen my trade log?  Roll Eyes

Why don't you forget about me and my trading for a minute - don't try to take this off-topic.

Did you or did you not just say that price might go down on good news? And did or did I not warn people of that yesterday and get laughed off the thread for it?

What's changed in the past 24 hrs?


Yeah, but you have to keep in mind "Buy on the rumor, sell on the news".  If everyone guys in waiting for them to hash, then who's going to be left to boost the price once they do?

.... we could see a 'melt up' like we did with ActM.  Or we might just see not much change like we did when the chip pictures come in.

....that doesn't meant there's enough bitcoin on the exchanges to even get the price high enough to where it's supposed to be.


Bitcycle
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September 08, 2013, 08:18:37 PM
 #5769

get laughed off the thread for it?

What's changed in the past 24 hrs?



We keep trying to laugh you off the thread, but you can't take a hint.

Still, we are laughing at you.
Stuartuk
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September 08, 2013, 08:20:40 PM
 #5770

So, you are telling me, rather than setting up sell orders and have them filled (like they had been for a lot of time before this action) it is better to accept a lower price (like 10% less) and fill buy orders?
that's stupid.

That is exactly how you liquidate a big position - big sellers need big buyers to sell into and to get filled at a guaranteed price. If you put big sell orders on the books it will repel buyers and they will never get filled. No disrespect but before saying something is stupid, atleast do your research, you will benefit in the long run from changing your attitude to what you think you know is right.
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September 08, 2013, 08:33:38 PM
 #5771

Are dividends going to be paid weekly or monthly?

What are the first payed dividends going to be per share?

How much gets reinvested?

When exactly will hashing commence?

When will the increase in hashing occur and to what level?

Is there such a thing as LC hardware sales?

Thanks in advance.

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Stuartuk
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September 08, 2013, 08:51:24 PM
 #5772

loosing

*losing
I can only watch you misspell it so many times.

Thanks, and for you -


So if they return the money, they can just return it to a different account (i.e. your's).

I didn't have to check too far back in your own posts to find that, first one infact.

YOUR'S??

lolz
velacreations
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September 08, 2013, 08:52:33 PM
 #5773

That is exactly how you liquidate a big position - big sellers need big buyers to sell into and to get filled at a guaranteed price. If you put big sell orders on the books it will repel buyers and they will never get filled.

ridiculous.

smart traders liquidate a big position slowly in this sort of market.  You don't need big buyers, you need the number of shares.  It doesn't matter if that comes from one order or 1,000.

that guy missed out on at least 10% because he did exactly what you are saying to do.  Instead, he could have put up a sell order at 1,000 shares or maybe 1,500 shares and once it fills, put another one up.  Boom.  5 minutes, and his position is liquidated without missing out on profit.

I call something stupid when it is stupid.  The trader sold all at once, instead of setting up multiple sell orders and thus missed out on 10%.  I don't consider that smart.

Stuartuk
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September 08, 2013, 08:55:26 PM
 #5774

I call something stupid when it is stupid.  The trader sold all at once, instead of setting up multiple sell orders and thus missed out on 10%.  I don't consider that smart.

OK. I think you said that already.
jeffhuys
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September 08, 2013, 09:04:34 PM
 #5775

Jeez... Are you guys really making fun of eachother because of spelling? Grow up.

Ontopic: I'm really excited for the next few days, and then months. Let's do this!

velacreations
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September 08, 2013, 09:05:15 PM
 #5776

I call something stupid when it is stupid.  The trader sold all at once, instead of setting up multiple sell orders and thus missed out on 10%.  I don't consider that smart.

OK. I think you said that already.

if I were you, I wouldn't criticize anyone for repeating themselves...

Stuartuk
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September 08, 2013, 09:13:26 PM
 #5777

Did you or did you not just say that price might go down on good news? And did or did I not warn people of that yesterday and get laughed off the thread for it?

What's changed in the past 24 hrs?

Come on Ytterbuim where are you? Why can't you further explain your assessment of the situation. You basically said it's looking dire, you said there is not enough capital in the crypto-currency mining market, not enough buyers to push this over 0.004 - even on good news. Can you explain that a bit more for the worried holders?

Off selling some LC are we? That would be logical if you believe your own assessment of this stock in this market.
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September 08, 2013, 09:18:27 PM
 #5778

Jeez... Are you guys really making fun of eachother because of spelling? Grow up.

Ontopic: I'm really excited for the next few days, and then months. Let's do this!

Yeah, whoop! Let's do it!

This made me laugh and think on Monty Python's Life of Brian.

"I once was blind but now I can se..  ..aaaaaaaaaaaaaaaaaargh!"

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Stuartuk
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September 08, 2013, 09:21:52 PM
 #5779

Yeah, whoop! Let's do it!

This made me laugh and think on Monty Python's Life of Brian.

"I once was blind but now I can se..  ..aaaaaaaaaaaaaaaaaargh!"

Do you want to stop making stupid posts right after I've asked a central question and am waiting for a reply? Thanks.

Edit: sorry, but your timing was bad that's all.
jeffhuys
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September 08, 2013, 09:23:47 PM
 #5780

Jeez... Are you guys really making fun of eachother because of spelling? Grow up.

Ontopic: I'm really excited for the next few days, and then months. Let's do this!

Yeah, whoop! Let's do it!

This made me laugh and think on Monty Python's Life of Brian.

"I once was blind but now I can se..  ..aaaaaaaaaaaaaaaaaargh!"

Hahaha! We need more happy/optimistic people here.  Smiley

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