[LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)

[dRMergatroid]

Wow!
What a ride:
For you guys late to the game, we have just witnessed a Smash Crash, right out of the Goldman Sacks Playbook.
First, quietly buy some shares, enough to influence the stock. Wait for an opportune moment, say when a startup tech company misses a deadline by a few days or gives some ambiguous signals to the market....

Then, trumpet the significance of the event, trounce the reputation, blow everything out of proportion and make semi-rational arguments based on psuedo-logic.
Flood the media, make a new reddit channel or two, and have your army of "evil" sock puppets ready to go...
500 "evil" posts in a few hours should suffice....easy if you have a pocket cyber-army that just can't wait to try out their brand new custom made shiny toys...
Next, sell all your shares at any price. Don't worry you can buy them back cheaper in a few hours!

Now sit back and watch the show... feed the flames every so often just for fun...

After the crash, switch sock puppets to the "good" guys, and post some more...
and buy up the order book at your nice new low price...

whoo hooo, just like the big boys....

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[dexX7]

...

You forgot the part about massive tape painting.

[Luckybit]

So I guess, we are almost there, where we were a few days ago. The recent sell-off might have been a wake-up call for Labcoin. I'm really looking forward for wednesday.

Upcoming days: slow increase due to the anticipation of the news, explosive market reaction when they post them. In whatever direction this will be.

It makes more sense to sell and then buy back in if they prove themselves than to stay in and risk losing money.

Sure, except that the price will be three times as high.

It will crash again when they miscommunicate on Monday.

[Bitcycle]

To that guy who dumped under 0.002 right at the news-

Ha Ha!


 

[Luckybit]

Now is a good time to cash out. This high price is temporary and based on absolutely no new information.

new deadline = new information
we are suppose to see the mining address before Wednesday, which IMO is the ultimate proof.  
I bought back in at .0024 about 5 minutes after that post.  Riding these waves is easy.  Cash out time would be Tuesday right before everybody gets disappointed.

What if they miss this deadline or lie? Then it crashes again. What is the point? Just pull out and wait for the next crash.

[Luckybit]

Now is a good time to cash out. This high price is temporary and based on absolutely no new information.

new deadline = new information
we are suppose to see the mining address before Wednesday, which IMO is the ultimate proof.  
I bought back in at .0024 about 5 minutes after that post.  Riding these waves is easy.  Cash out time would be Tuesday right before everybody gets disappointed.

Not too smart are you? Maybe if you sell right now you'll make a profit.

[Bitcycle]

Now is a good time to cash out. This high price is temporary and based on absolutely no new information.

new deadline = new information
we are suppose to see the mining address before Wednesday, which IMO is the ultimate proof.  
I bought back in at .0024 about 5 minutes after that post.  Riding these waves is easy.  Cash out time would be Tuesday right before everybody gets disappointed.

Not too smart are you? Maybe if you sell right now you'll make a profit.

What did you sell at?  0.0019 I bet.

[VolanicEruptor]

Now is a good time to cash out. This high price is temporary and based on absolutely no new information.

new deadline = new information
we are suppose to see the mining address before Wednesday, which IMO is the ultimate proof.  
I bought back in at .0024 about 5 minutes after that post.  Riding these waves is easy.  Cash out time would be Tuesday right before everybody gets disappointed.

Not too smart are you? Maybe if you sell right now you'll make a profit.

Doesn't matter if I'm smart or not, LOL.  I've been riding this wave constantly and making profit.  Obviously I've made the right choices so far.

[AngelSky]

So, what's up guys ? We got an announcement of an announcement ? Once again ?  

[Bitcycle]

So, what's up guys ? We got an announcement of a announcement ? Once again ?  

I take it to mean they expect to have block(s) to show by Wednesday.

[kingcrimson]

There is zero buy support down to .002, you guys are celebrating over nothing.

[AngelSky]

So, what's up guys ? We got an announcement of a announcement ? Once again ?  

I take it to mean they expect to have block(s) to show by Wednesday.

Yeah, I'm asking myself: why not publish now ? Why wednesday ? Anddddddddd the answer isssssssssssss....

[Luckybit]

Now is a good time to cash out. This high price is temporary and based on absolutely no new information.

new deadline = new information
we are suppose to see the mining address before Wednesday, which IMO is the ultimate proof.  
I bought back in at .0024 about 5 minutes after that post.  Riding these waves is easy.  Cash out time would be Tuesday right before everybody gets disappointed.

Not too smart are you? Maybe if you sell right now you'll make a profit.

Doesn't matter if I'm smart or not, LOL.  I've been riding this wave constantly and making profit.  Obviously I've made the right choices so far.

By smart I mean if you can reduce your risk down to zero then you guarantee a profit. If you cash out right now and recover all your initial investment, thats smart. You can always keep some in there but as long as you recover your initial investment you're risk free.

[Luckybit]

There is zero buy support down to .002, you guys are celebrating over nothing.

It's called a pump and dump. This is starting to look more and more suspicious actually.

[VolanicEruptor]

Now is a good time to cash out. This high price is temporary and based on absolutely no new information.

new deadline = new information
we are suppose to see the mining address before Wednesday, which IMO is the ultimate proof.  
I bought back in at .0024 about 5 minutes after that post.  Riding these waves is easy.  Cash out time would be Tuesday right before everybody gets disappointed.

Not too smart are you? Maybe if you sell right now you'll make a profit.

Doesn't matter if I'm smart or not, LOL.  I've been riding this wave constantly and making profit.  Obviously I've made the right choices so far.

By smart I mean if you can reduce your risk down to zero then you guarantee a profit. If you cash out right now and recover all your initial investment, thats smart. You can always keep some in there but as long as you recover your initial investment you're risk free.

Like I said, people will trade bullish until Wednesday.  I choose to not cash out until Tuesday.  I will keep doing what works, thanks..

[velacreations]

Mining address will be posted publicly before Wednesday. This will allow transparent monitoring of the hashing rate and block generation.

Why should we believe you this time?

The website will be updated this week in order to show our live hashing rate

We're mining in solo mode but live hashrate will be shown on our website next week.

we will deploy the same mechanism ASICMINER uses for signing found blocks and publish them on our website.

We will post board picture and more within the weekend, and as soon as we reach 10 TH of deployed hardware block labeling will be mirrored on the site with other stats like speed, etc.

We promise pictures of some boards mining will be up for this weekend.

We do not have 10 TH of chips out of nowhere, we said that we will setup block labeling as soon as we reach that speed, which could be on the first days of october, so in "about" two weeks, or mid october.

The next update will include a mining address as well.

Next proof to be posted will be mining address, clearly showing the rate of blocks creation.

[AngelSky]

Oh sorry, I still have 1000 shares to sell, I was too fast. No, it's an AMAZING COMPANY. REALLY. WE SHOULD ALL BUY NOW.

[VolanicEruptor]

All those quotes were from a 1 week period.  You can't call them lies yet.   

[ajk]

this thread is full of people with no lives lol, I left my position at a 200% gain from IPO people are buying because of a fake address that supposedly the dividend address for LC when they claimed themselves that they are having trouble hashing,

do most of you have parkinsons? not even 24 hours ago everyone was frantic about how the pics are no good but today since someone bought like 10k shares up to .003 its all good....

What makes you think that itll jump back over previous highs when they said that they will have no news til 6 weeks from now,

its also funny what some people consider "making money" when the order book hardly allows for anything I would consider being that, thanks for the 3x labcoin ill get back in when everyone panics in the coming weeks

[velacreations]

All those quotes were from a 1 week period.  You can't call them lies yet.   

well, they did say "this week" then next week, then the weekend, and then October, so not sure which one we should believe.  They all can't be true.