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Author Topic: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)  (Read 1042042 times)
Mabsark
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September 14, 2013, 10:35:01 AM
 #9201

No, investing on religious-like beliefs is not sane and I never said it was, or advocated such an investment strategy. I simply made a true and factual statement.
You never said it was, but it doesn't matter if you said it: you're too dumb to understand that's what you are doing.

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Exactly, you are here to mock me and it isn't working. Not only is is not working, but I've shown that what you were saying about me was complete nonsense. That's why you are butthurt.
Oh, you're turning into Labcoin now! Claiming stuff without a shred of proof.
So cute.
And I'm not mocking you, you self-important monkey. I'm mocking every cheerleader here. You're just the stupidest today.

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It's funnier turning your own rantings against you.
That's not how it works.

You said you were here to mock people. Last time I checked, I was a person, therefore, you are here to mock me.

Do you even logic?
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Mabsark
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September 14, 2013, 10:36:48 AM
 #9202

I dont get it..

People who blame/fuck/fud/swear/whatever/dont believe in labcoin and even sold there shares, what are you doing here?
We heard it the first time, and we still don't care.

Are you surprised people argue on the Internet? Really?

You care that little, that you spend all your time arguing about it. Yeah, you sure convinced us that you don't care, honest!
Luckybit
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September 14, 2013, 10:38:00 AM
 #9203

Again, what part of that suggests that Labcoin are not mining with 2 Th/s? What part of that shows Labcoin admitting to have lied about mining with 2 Th/s?

If you think Labcoin is mining with 2Th/s where are the block rewards going?

To an address. An address they have stated will be shared later with us. Does the fact that they refuse to share this address now, prove that Labcoin are not mining with 2 Th/s? Of course it doesn't.

Do people here not understand the difference between facts, rumours, speculation and evidence?

Facts, rumors, speculation and evidence are all things that move the market. You're making predictions about the likelihood of future events, and all of those things come into play.

Plus, if half of the "community" no longer trusts them, then the price is going to be a lot less then it otherwise would be come November when you were planning on selling.

It is interesting, that people are buying in constantly. I dont know, this is not even over yet..

Because, even if the risk has increased, the potential reward is still pretty high. Even if you thought there was a 90% chance of failure, it would make sense to invest a small chunk in hopes that 10% gets you better then a 10x return

I'm just calling people out for spreading blatant lies. Take for example Labcoin saying that they were doing some tweaking. That somehow became "Labcoin admits to lying about hashing with 2 TH/s". That's a blatant lie as Labcoin said no such thing.





If there is no dividend on monday everyone will pull out and it will go below IPO prices.


It might be smart to pull out right now and just wait until they pay a dividend. Why take a risk buying now when you can buy after they pay the dividend on monday with no risk?

Now is the time to sell.
TMAN
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September 14, 2013, 10:38:46 AM
 #9204

It's likely thy haven't mined a block yet...
foxykah
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September 14, 2013, 10:41:24 AM
 #9205

I think a legitimate price now is 0.0015-16, so it is overpriced now. The problem is, they are totally confusing, first they announce the 2TH, then they dont provide a proof, and after days they give us an update in which they state, that they have difficulties, testing, tweaking, etc., which results in a questionable situation where we dont really know whether they are really hashing, or they just stated it to calm us down, then they had to face the fact, that they have difficulties, and must delay the start. I vote for the second, as if they need to tweak the boards etc, then those are surely not hashing, and then the whole "we are hashing" announcement was an LC speak meaning '2 weeks™'. This also mens that the company has gained nearly nothing since IPO, therefore the shares are still overvalued @0.0016, and this even leaves out the negative PR from the formula, so 0.0016 is a rational price AFAIK.

Good things come to those who wait.
foxykah
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September 14, 2013, 10:42:28 AM
 #9206

Did TheSwede talk about divs?

Good things come to those who wait.
Ytterbium
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September 14, 2013, 10:47:44 AM
 #9207

How are they going to pay divs if they haven't found a block?

If they pay divs without being able to prove they mined a block or did some pool mining it will look like they are paying divs out of IPO money.

demzie
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September 14, 2013, 10:48:23 AM
 #9208

hahaha funny how people point people to last post page and than the biggest fudsters themselves can't read..
Yes, they read one sentence and in there mind it evolves into a story..
bobboooiie
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September 14, 2013, 10:49:00 AM
 #9209

Wow 500Ths in december sounds good though, was this plan even before today ?
TMAN
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September 14, 2013, 10:50:27 AM
 #9210

Wow 500Ths in december sounds good though, was this plan even before today ?

Nope was at 2-300 think that is what is keeping the stock at twice ipo
foxykah
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September 14, 2013, 10:50:53 AM
 #9211

How are they going to pay divs if they haven't found a block?

If they pay divs without being able to prove they mined a block or did some pool mining it will look like they are paying divs out of IPO money.

Which will generate a dump bigger than the one, which would occur if they dont pay divs on monday

Good things come to those who wait.
BitThink
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September 14, 2013, 10:51:24 AM
 #9212

Instead of fighting with each other, could we do something more meaningful here? Such as the total column today? How many percent of shares were sold? How many BTCs are left in the bid and how many shares are in the ask?
San1ty
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September 14, 2013, 10:53:53 AM
 #9213

hahaha funny how people point people to last post page and than the biggest fudsters themselves can't read..
Yes, they read one sentence and in there mind it evolves into a story..

I'm worried about you dude, even if the facts stare you in the face you'll choose to ignore them and keep on buying more.
I hope we don't see you crash and burn soon.

Found my posts helpful? Consider buying me a beer :-)!:
BTC - 1San1tyUGhfWRNPYBF4b6Vaurq5SjFYWk NXT - 17063113680221230777
foxykah
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September 14, 2013, 10:56:29 AM
 #9214

Wow 500Ths in december sounds good though, was this plan even before today ?

Nope was at 2-300 think that is what is keeping the stock at twice ipo

'500 TH™' @ the 'End of the Year™'

Good things come to those who wait.
BitThink
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September 14, 2013, 10:58:19 AM
 #9215

Did TheSwede talk about divs?

There's no official annoucement about divs today. When Ytt asked about Divs, TheSwede anwsered that he admit there was some delay and currently the hashing is not stable. So at least to my understanding, there's not likely dividend this Monday. the divs can only be expected two weeks later if they fix the problem as they promised today. But again, this is just my understanding, you can check theSwede's last posts to check by yourself.
LobsterMan
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September 14, 2013, 10:59:35 AM
 #9216

Did TheSwede talk about divs?

There's no official annoucement about divs today. When Ytt asked about Divs, TheSwede anwsered that he admit there was some delay and currently the hashing is not stable. So at least to my understanding, there's not likely dividend this Monday. the divs can only be expected two weeks later if they fix the problem as they promised today. But again, this is just my understanding, you can check theSwede's last posts to check by yourself.

"two weeks"


Sorry, couldn't resist  Grin
tucenaber
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September 14, 2013, 11:00:50 AM
 #9217

If there is no dividend on monday everyone will pull out and it will go below IPO prices.


It might be smart to pull out right now and just wait until they pay a dividend. Why take a risk buying now when you can buy after they pay the dividend on monday with no risk?

Now is the time to sell.

On the contrary. I would be very concerned if they proceed with the plan on paying dividends when they in fact don't earn any income.

That would mean that they are fine with paying out investor funds as dividends and that is not cool.
Luckybit
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September 14, 2013, 11:01:06 AM
 #9218

How are they going to pay divs if they haven't found a block?

If they pay divs without being able to prove they mined a block or did some pool mining it will look like they are paying divs out of IPO money.

Even more reason to sell. The shares should be at IPO price until they show they mined a block and are paying dividends. Let that be that.
foxykah
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September 14, 2013, 11:01:41 AM
 #9219

Did TheSwede talk about divs?

There's no official annoucement about divs today. When Ytt asked about Divs, TheSwede anwsered that he admit there was some delay and currently the hashing is not stable. So at least to my understanding, there's not likely dividend this Monday. the divs can only be expected two weeks later if they fix the problem as they promised today. But again, this is just my understanding, you can check theSwede's last posts to check by yourself.

"two weeks"


Sorry, couldn't resist  Grin

Two weeks™. I feel we wont see anything before November.

Good things come to those who wait.
TMAN
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September 14, 2013, 11:01:46 AM
 #9220

The believers are still here. There are plenty of people still holding. 1.1mil of 7 mm public shares traded. I'm happy to be called a bag holder, lets see who is laughing when they get the sh*t together
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