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Rival
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September 11, 2013, 01:53:15 PM |
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For comparison...
ASICMiner's stopped mining. No blocks for 15 hours now, no explanation.
Reaction on AM thread: a few short, fairly calm posts wondering what's happening & some good-natured jokes about Friedcat selling all the blades.
Can you imagine how this thread would have reacted? Bitcointalk would grind to a halt from so much troll FUD, sheep panic & animated GIFs of ponies throwing themselves out of windows.
that is of course because Friedcat has shown in the past that he is credible and have kept his promises. these labcoin clowns.. not so much. Most of the 400,000 AM shares are direct shares and are owned by people most would consider to have "strong hands". Many are in it simply for the dividends, and the exchange traded shares are a rather small percentage. LC is 100% exchange traded and I would suggest that large percentage of them are looking to profit from trading. The investment structures are very different, and the level of trust in AM is rather fanatical due to his track record. I doubt there are many invested in LC at the moment primarily in anticipation of collecting dividends each week. |
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gimme_bottles
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September 11, 2013, 02:03:45 PM |
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Maybe the reason they do solo mining is because they don't have the 2Th/s yet. I am a shareholder and really want things go well
That makes zero sense. Less TH/s there for solo mine? And being shareholder.. Aren't we all ? well it would make sense if you want nobody to know you don't have your 2 TH/s. |
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chenchunyu88
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September 11, 2013, 04:07:21 PM |
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I agree because they didn't show any evidence to prove the existence of the 2TH/s. Maybe the reason they do solo mining is because they don't have the 2Th/s yet. I am a shareholder and really want things go well
That makes zero sense. Less TH/s there for solo mine? And being shareholder.. Aren't we all ? well it would make sense if you want nobody to know you don't have your 2 TH/s. |
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Bitcycle
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September 11, 2013, 04:10:37 PM |
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Already we're seeing the conspiracy theories growing.
Today is going to be much worse than yesterday if they wait too long to update.
This place is the very definition of a fever swamp, and the disease is about to run wild.
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AngelSky
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September 11, 2013, 04:12:11 PM |
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This is getting boring. People waiting for the update all day long and screaming like kids. Please.. can we move on ?
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zumzero
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September 11, 2013, 04:27:40 PM |
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Listen guys, I'm at work so I'll join you all later.... Don't start the party without me, it's gonna be a whole lot of fun!!  |
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creativex
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September 11, 2013, 04:31:48 PM |
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Initiating a panic selling frenzy based on irrational fear will likely be more difficult for manipulators now that burnside has confirmed LC founders are holding at least as large a stake as they said they would. We already know labcoin management flat out stinks at communicating. We already know they've provided very little proof. In the absence of new information I don't really see the impetus to sell, particularly as they've said they'd provide additional information "in a few days", "soonTM", and "in 48hrs". They've also said they'd increase to 4Th by next Monday.
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creativex
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September 11, 2013, 04:34:02 PM |
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This is getting boring. People waiting for the update all day long and screaming like kids. Please.. can we move on ? It seems the opportunistic manipulators don't realize that when they admit to manipulating it decreases their effectiveness at manipulating. Listen guys, I'm at work so I'll join you all later.... Don't start the party without me, it's gonna be a whole lot of fun!! Hashing but no info to post. Labcoin no where to be found. I'm calling BS on this now.
Wow dropping so fast. Labcoin bagholder anyone?
Oh well I took my IPO profits. I really wanted to believe in Labcoin but they make it incredibly difficult. Good luck to the remaining shareholders.
Yep bids are getting pulled and I don't blame them. Most with a decent amount will be stuck soon.
here we go folks, leaving .003 soon. There are still some bids open though.
You might get lucky? The sell off continues.
My bids filled. I think there are some happy campers now.
This is just priceless. Be sure to read the last line. So many sheeple, I can't help myself. |
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Bitcycle
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September 11, 2013, 04:35:44 PM |
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I have gotten a few PM's and just wanted to show up and ensure people that I have not disappeared. I talked to Sam and there will be an update in the next 48 hours.
I am traving but will coordinate with Sam and update the forum, blogs and other news sources as we have info.
TLDR: not dead, info coming. I meant to update earlier but have been somewhat out of Internet due to travel.
Their 48 hours is rapidly coming to an end. Like it or not, they have to deliver on this one, or panic will indeed follow. |
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N_S
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September 11, 2013, 04:36:46 PM |
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Their 48 hours is rapidly coming to an end.
Like it or not, they have to deliver on this one, or panic will indeed follow.
Already we're seeing the conspiracy theories growing.
Today is going to be much worse than yesterday if they wait too long to update.
This place is the very definition of a fever swamp, and the disease is about to run wild.
Oh yes. The manipulation is strong with this one  |
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Bitcycle
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September 11, 2013, 04:38:42 PM |
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Their 48 hours is rapidly coming to an end.
Like it or not, they have to deliver on this one, or panic will indeed follow.
Already we're seeing the conspiracy theories growing.
Today is going to be much worse than yesterday if they wait too long to update.
This place is the very definition of a fever swamp, and the disease is about to run wild.
Oh yes. The manipulation is strong with this one Go back further. I've been a strong supporter of Labcoin and a great mocker of the FUDsters. But the time to deliver on a promise has arrived. They MUST provide a substantial update today or the price will plummet. Doesn't matter what I want. Doesn't matter what you want. That's just the way it is. |
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AngelSky
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September 11, 2013, 04:38:53 PM |
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With 4 TH/s next week, how much dividend is it per 1000 shares/week ?
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hasher87
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September 11, 2013, 04:39:04 PM |
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Panic buy please!!  |
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drawingthesun
Legendary
 Offline
Activity: 1176
Merit: 1015
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September 11, 2013, 04:43:54 PM |
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OMG!!!!?!?! I just got a PM from Labcoin: Because you are a large shareholder you will get this information a few minutes first. At last our pictures:    |
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AngelSky
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September 11, 2013, 04:44:51 PM |
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At least, post some animated gifs  |
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Rannasha
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September 11, 2013, 04:45:15 PM |
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OMG!!!!?!?! I just got a PM from Labcoin: Because you are a large shareholder you will get this information a few minutes first.
At last our pictures:
[...]
Next time, strip the EXIF data from the pictures before posting them if you want to look convincing |
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TMAN
Legendary
Offline
Activity: 1414
Merit: 1808
Exchange Bitcoin quickly-https://blockchain.com.do
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September 11, 2013, 04:45:20 PM |
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The management struggle to communicate with us, I have accepted that as a shareholder. i'm in this for the medium term & maybe longer if the company can mature enough to deal with shareholders. the majority of the quick buck merchants are out now - I dont see the shares hitting below 0.003 again.
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redbeans2012
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September 11, 2013, 04:49:27 PM |
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Maybe the reason they do solo mining is because they don't have the 2Th/s yet. I am a shareholder and really want things go well
I understand that Solo mining at 2 TH is a bad idea, but is it a bad idea if you are constantly adding to the hash rate like labcoin is supposedly doing? |
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drawingthesun
Legendary
Offline
Activity: 1176
Merit: 1015
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September 11, 2013, 04:51:08 PM |
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Maybe the reason they do solo mining is because they don't have the 2Th/s yet. I am a shareholder and really want things go well
I understand that Solo mining at 2 TH is a bad idea, but is it a bad idea if you are constantly adding to the hash rate like labcoin is supposedly doing? Yes its a bad idea. For a 3% penalty they should be pool mining, because every difficulty they miss they are never ever getting back. In fact they should be pool mining all the way up to 20th/s. |
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auto2nr1
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September 11, 2013, 04:55:15 PM |
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Initiating a panic selling frenzy based on irrational fear will likely be more difficult for manipulators now that burnside has confirmed LC founders are holding at least as large a stake as they said they would. We already know labcoin management flat out stinks at communicating. We already know they've provided very little proof. In the absence of new information I don't really see the impetus to sell, particularly as they've said they'd provide additional information "in a few days", "soonTM", and "in 48hrs". They've also said they'd increase to 4Th by next Monday.
Can you provide a link to Burnside's confirmation? Thanks. |
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