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Author Topic: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)  (Read 1042354 times)
velacreations
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September 12, 2013, 05:24:34 PM
 #7741

the whole BTC economy is a gamble. but as long as its not case money the returns will outweigh the risks. this stock would be 3x this value if Sam would be a decent PR rep as per the prospectus on BTCT
you are right, if they could actually meet deadlines and provide evidence of what they claim, the stock would have more value.  The reason it doesn't is because they haven't/can't.

It's not like they haven't had a lot of opportunity to prove themselves...

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velacreations
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September 12, 2013, 05:24:55 PM
 #7742

u mean 0.002

or even .0002

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September 12, 2013, 05:28:22 PM
 #7743

the whole BTC economy is a gamble. but as long as its not case money the returns will outweigh the risks. this stock would be 3x this value if Sam would be a decent PR rep as per the prospectus on BTCT
you are right, if they could actually meet deadlines and provide evidence of what they claim, the stock would have more value.  The reason it doesn't is because they haven't/can't.

It's not like they haven't had a lot of opportunity to prove themselves...

100% but I believe a lot of the issue is cultural - in the far east a handshake is as good as a contract in the west, its the same in the middle east the word is a bond. also we have the language barrier - some of Sams posts are quite clearly misconstrued.

the IQ of this thread is slowly improving - the weaker hands are leaving and discussion seems to be improving. The people that are still here have read the technical thread & done some due diligence.
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September 12, 2013, 05:35:08 PM
 #7744

think it's 50/50 now, 50% chance it's legit and price will go up to 0,015 EOY else you will lose everything so it's worth the risk
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September 12, 2013, 05:35:48 PM
 #7745

Life is a gamble and we are all playing the game called life...

OK whatever.

My 2 cents on the latest - now that the 0.003 barrier (which was solid support) has been broken, this will go to 0.02. Almost guaranteed.

Breaking for a split second and having no volume isnt called breaking support. You need 350, 000 shares to reach .002 good luck with that especially when they post boards on the weekend.
velacreations
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September 12, 2013, 05:37:56 PM
 #7746

100% but I believe a lot of the issue is cultural - in the far east a handshake is as good as a contract in the west, its the same in the middle east the word is a bond. also we have the language barrier - some of Sams posts are quite clearly misconstrued.

that's a convenient excuse, but they have promised things that they haven't delivered, like photos before hashing.

If they don't understand the market they are in (investment requires proof), then they don't have any business taking people's money.

It's obvious they don't have proof of hashing, or they would have provided it by now.  The only thing remains is "why" they don't.  Is it because they are a complete scam, hardware doesn't work, or what?

In any case, the stock is overvalued.

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September 12, 2013, 05:38:25 PM
 #7747

Life is a gamble and we are all playing the game called life...

OK whatever.

My 2 cents on the latest - now that the 0.003 barrier (which was solid support) has been broken, this will go to 0.02. Almost guaranteed.

Breaking for a split second and having no volume isnt called breaking support. You need 350, 000 shares to reach .002 good luck with that especially when they post boards on the weekend.

I think 0.0026 is a stable price now, it will drop to that almost 100% sure.

Good things come to those who wait.
velacreations
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September 12, 2013, 05:39:03 PM
 #7748

You need 350, 000 shares to reach .002 good luck with that especially when they post boards on the weekend.

only 1/2 of the last 24 hour volume.  

Just this morning, we've seen over 200K shares sell.

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September 12, 2013, 05:48:55 PM
 #7749

100% but I believe a lot of the issue is cultural - in the far east a handshake is as good as a contract in the west, its the same in the middle east the word is a bond. also we have the language barrier - some of Sams posts are quite clearly misconstrued.

that's a convenient excuse, but they have promised things that they haven't delivered, like photos before hashing.

If they don't understand the market they are in (investment requires proof), then they don't have any business taking people's money.

It's obvious they don't have proof of hashing, or they would have provided it by now.  The only thing remains is "why" they don't.  Is it because they are a complete scam, hardware doesn't work, or what?

In any case, the stock is overvalued.

I disagree, we have had the words of the swede, who has attempted to shore up the price by providing uninformed news. Sam has admitted that he is crazy busy & to be frank this leads me to believe they have some teething issues, this was expected by some of us. communication is the key here - the world of bitcoin moves so fast & that is a huge issue for short term price change. Either the company needs to come out & admit they are having issues with the tin, or show us some mined blocks, they don't need to give us false information to buy more time or placate us with non news.

I would like to see proof of hashing over the weekend, i'm not bothered about pictures any more & am happy to take Sam's word to a point, but we all want to see something tangible soon - or even the strongest hands will be turned off.
Stuartuk
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September 12, 2013, 05:56:51 PM
 #7750



My 2 cents on the latest - now that the 0.003 barrier (which was solid support) has been broken, this will go to 0.02. Almost guaranteed.

u mean 0.002
[/quote]

Sorry yes, 0.002  - I have the flu my mistake.

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September 12, 2013, 06:49:27 PM
 #7751

What's so quiet, where are the trolls?
klee
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September 12, 2013, 06:50:40 PM
 #7752

What's so quiet, where are the trolls?
Busy buying cheap LC shares  Wink

Bitcycle
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September 12, 2013, 06:51:21 PM
 #7753


"Reaching out" to Sam to find some answers, no doubt.
demzie
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September 12, 2013, 06:52:24 PM
 #7754

trol = cheap share
demzie
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September 12, 2013, 06:53:35 PM
 #7755

0.003 almost back.. not to worry spikes will occour with LC until they reach the ASICMINER hash power.
Bitcycle
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September 12, 2013, 06:54:32 PM
 #7756

0.003 almost back.. not to worry spikes will occour with LC until they reach the ASICMINER hash power.

Assuming they ever hash at all.
damiano
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September 12, 2013, 06:54:39 PM
 #7757

What's so quiet, where are the trolls?
Busy buying cheap LC shares  Wink

I managed to sell a lot again last night and am slowly scooping them up around .0029  Grin

I did do a big 30k dump this morn around .0032 thou
demzie
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September 12, 2013, 06:55:56 PM
 #7758

0.003 almost back.. not to worry spikes will occour with LC until they reach the ASICMINER hash power.

Assuming they ever hash at all.

They bite you? You also turned?
Ytterbium
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September 12, 2013, 06:56:21 PM
 #7759

wtf is happening to your share price guys? Sub .003, not been this low in over a week?

Lol, check out ActM on Bitfunder buddy...  Roll Eyes

Below IPO pt.2... tehe

Almost all the buyers on Bitfunder paid IPO1 price of 0.0005 - we are still 4x above that
Almost all the buyers on btc.co paid IPO2 price .0025 - we are still +20% above that

Can you say the same for LabCoin? No. Sorry but you lose.

Um, can you do math at all?  We are at 190% above IPO price.  I'm still well above my share average, even though I've been buying more shares.

It sucks to lose "on paper" profit, but I'm not anywhere near losing any real money here.

Bitcycle
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September 12, 2013, 06:57:52 PM
 #7760

0.003 almost back.. not to worry spikes will occour with LC until they reach the ASICMINER hash power.

Assuming they ever hash at all.

They bite you? You also turned?

The 'updates'  today were the last straw.

Three different times in one sentence for when they might start stamping blocks. Could be as long as a MONTH.

They're making stuff up as they go, it's pretty clear.
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