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Author Topic: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)  (Read 1039738 times)
Twilight_Sparkle
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September 10, 2013, 04:02:23 AM
 #6521

The labcoin story makes absolutely no fucking sense.

The thing about that though, is that it does not make sense from any point of view. If labcoin is a scam, they are terrible scammers. If labcoin is legit, they are terrible in PR and who knows what else. It is looking more and more like they are bad at running a potential company.

I still hold, cause I can still see ways to profit from this. They are not so bad as to be avoided in my opinion, although I have changed my investing strategy these last few weeks, and I do not thing I will hold long term as I had originally planned.

1H8gQ7KEN65pbdtusg28NQ33YWFBPgWAf1
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JohnyBigs
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September 10, 2013, 04:03:52 AM
 #6522

The labcoin story makes absolutely no fucking sense.

The thing about that though, is that it does not make sense from any point of view. If labcoin is a scam, they are terrible scammers. If labcoin is legit, they are terrible in PR and who knows what else. It is looking more and more like they are bad at running a potential company.

I still hold, cause I can still see ways to profit from this. They are not so bad as to be avoided in my opinion, although I have changed my investing strategy these last few weeks, and I do not thing I will hold long term as I had originally planned.

being bad at PR doesn''t mean they are bad at execution, which so far they seem to be executing perfectly fine.
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September 10, 2013, 04:07:12 AM
 #6523

If they were good scammers they wouldn't scam exactly how everyone else scammed in the past, they would do things differently.
Twilight_Sparkle
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September 10, 2013, 04:23:25 AM
 #6524

If labcoin is a scam, they are terrible scammers.
I would have to disagree.
It could also be the perfect scam: create a company actually mining, but its success is irrelevant. What's relevant is the insider trading you will be able to do by always communicating at the right time, just enough but not too much. Even if the company fails they would prove they were legit and just failed at being profitable for their investors.

Alright I'll give you that one. That is certainly possible. I just hope to sell ,when they do, if that is true  Wink

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Vigil
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September 10, 2013, 04:36:42 AM
 #6525

Do we seriously have Bronies on these forums and using Bitcoins?
velacreations
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September 10, 2013, 05:35:44 AM
 #6526

did this thread just grow by 30+ pages in a few hours?

stslimited
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September 10, 2013, 06:02:18 AM
 #6527

so Labcoin has 2 terahash, and expects to deploy 50 terahash by the end of the month and still won't be selling hardware?


ASICMiner has 60 terahash as is.....................................


I don't have enough dots to express my cognitive dissonance

but I haven't been a shareholder for a few weeks because of this inability to form a conclusion given the current information (coupled with the 150% profit I already had)
superduh
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September 10, 2013, 06:19:14 AM
 #6528

...... have they found a block yet?

ok
BitHub
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September 10, 2013, 06:21:33 AM
 #6529

so it was a scam all along, should i sell everything now?
redmetal
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September 10, 2013, 06:23:47 AM
 #6530

so Labcoin has 2 terahash, and expects to deploy 50 terahash by the end of the month and still won't be selling hardware?


ASICMiner has 60 terahash as is.....................................


I don't have enough dots to express my cognitive dissonance

but I haven't been a shareholder for a few weeks because of this inability to form a conclusion given the current information (coupled with the 150% profit I already had)

Your also forgetting one important thing,

ASIC miner has 400,000 shares @ ~2.3BTC, makes a market cap of 920,000BTC
LABCOIN has 10,000,000 @ 0.0036, market cap of 36,000BTC

Notice the difference in the figures here? for Labcoin at current prices they only need to do 1/25 of what ASICminer is doing....

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limbaugh
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September 10, 2013, 06:23:54 AM
 #6531

so it was a scam all along, should i sell everything now?

Yes, sell ASAP.
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September 10, 2013, 06:24:00 AM
 #6532

How's that 7,000,000 wall over on the ice.drill?

[GOOD NEWS EVERYONE]

Thanks to the BTC price rise, that wall is melting:
Thanks for asking!   Cool

Lol there are more shares on offer now than the last time I checked, they have just been spread out lol.

Icedrill I have realised you are too cunning to have any btc tied up in IceDrill, it is dead in the water and though you might invest if another 6MILL shares are bought you won't be in now.

So you are split three ways - LC, ACtM, AM-PT. Correct? lol Atleast the money you lose on LC you will get back from ACtM.

 Huh  Since when is a "wall" also "spread out?"  You sure a Very Special Person, Stuart!   Roll Eyes


lol I didn't even use the word 'wall' - I said 'more shares on offer now' as you can clearly see.

What a pathetic reply. Sorry, but you have lost it over the past few weeks, you used to be quite sharp.

We were discussing the 7million@0.0016 wall put up by ice.drill has been reduced by 750k shares, thanks to the increase in $/BTC.

I know it's hard, but do try and keep up.   Smiley

I'm very happy to be all in Ice.Drill and all out of ACTM, LC, and AM-PT.  

The adults have arrived in the form of HashFast, and their upcoming disclosures are going to blow you and the Chinese scam IPOs away.

Good luck with your clown stocks!   Cool
What's wrong on investing on both?
There is plenty of room for at least 2 companies in asic mining IMO...

BTC: 1K9atu5zgz7izCMAynk5adBJ8Qn2YgS6nT
camu6
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September 10, 2013, 06:28:02 AM
 #6533

so it was a scam all along, should i sell everything now?

Obviously! Especially when the price is this high.. for whatever reasons.
People still having their eyes closed. The idea and the potential of doubling their money quick, made them blind for all the harsh facts pointing to a scam.
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September 10, 2013, 06:30:56 AM
 #6534

so Labcoin has 2 terahash, and expects to deploy 50 terahash by the end of the month and still won't be selling hardware?


ASICMiner has 60 terahash as is.....................................


I don't have enough dots to express my cognitive dissonance

but I haven't been a shareholder for a few weeks because of this inability to form a conclusion given the current information (coupled with the 150% profit I already had)

Your also forgetting one important thing,

ASIC miner has 400,000 shares @ ~2.3BTC, makes a market cap of 920,000BTC
LABCOIN has 10,000,000 @ 0.0036, market cap of 36,000BTC

Notice the difference in the figures here? for Labcoin at current prices they only need to do 1/25 of what ASICminer is doing....

ASICMiner = 25X Labcoin
ASICMiner 60 thash = 2.5 btc/share (24 hr avg)
Labcoin 60 thash = 0.1 btc/share

The network will expand by the time Labcoin achieves these numbers of course, substantially so, but even still we are way undervalued. 
dhenson
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September 10, 2013, 06:38:19 AM
 #6535

so it was a scam all along, should i sell everything now?

Yes, sell ASAP.

Lesson 1) Don't listen to people on this board other than the account named "Labcoin".  I wouldn't even listen to Swede at this point, it's obvious his duty was to manage the IPO and that's really it.

Lesson 2) Make up your own mind and stick to your decisions.  Panic buy/sell is almost always the wrong move.  Decide if your holding short and playing the swings or Long and are in it for at least 3 months to see where this baby goes.

Lesson 3) Don't listen to me, I'm one of the people on this board with an agenda.
limbaugh
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September 10, 2013, 06:41:47 AM
 #6536

so it was a scam all along, should i sell everything now?

Yes, sell ASAP.

Lesson 1) Don't listen people on this board other than the account named "Labcoin".  I wouldn't even listen to Swede at this point, it's obvious his duty was to manage the IPO and that's really it.

Lesson 2) Make up your own mind and stick to your decisions.  Panic buy/sell is almost always the wrong move.  Decide if your holding short and playing the swings or Long and are in it for at least 3 months to see where this baby goes.

Lesson 3) Stop listening to me, I'm one of the people on this board with an agenda.

Why haven't you filled my bids yet? Sell!
redmetal
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September 10, 2013, 06:44:49 AM
 #6537

so Labcoin has 2 terahash, and expects to deploy 50 terahash by the end of the month and still won't be selling hardware?


ASICMiner has 60 terahash as is.....................................


I don't have enough dots to express my cognitive dissonance

but I haven't been a shareholder for a few weeks because of this inability to form a conclusion given the current information (coupled with the 150% profit I already had)

Your also forgetting one important thing,

ASIC miner has 400,000 shares @ ~2.3BTC, makes a market cap of 920,000BTC
LABCOIN has 10,000,000 @ 0.0036, market cap of 36,000BTC

Notice the difference in the figures here? for Labcoin at current prices they only need to do 1/25 of what ASICminer is doing....

ASICMiner = 25X Labcoin
ASICMiner 60 thash = 2.5 btc/share (24 hr avg)
Labcoin 60 thash = 0.1 btc/share

The network will expand by the time Labcoin achieves these numbers of course, substantially so, but even still we are way undervalued. 

I would like to agree with you but at this time Labcoin is extemely speculative

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newguy05
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September 10, 2013, 06:49:59 AM
 #6538

when is first dividend payment coming

                   ▄██▀▀██▄
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mfalme
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September 10, 2013, 06:55:23 AM
 #6539

when is first dividend payment coming

September 17th

dhenson
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September 10, 2013, 06:57:34 AM
 #6540

when is first dividend payment coming

September 17th

Proof?
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