Vigil
|
|
August 07, 2013, 05:08:04 PM |
|
No, but in the meantime if I hold I cannot take part in any profit potential with these funds. So, I "lost" them. One doesn't need to sell to have a negative position.
When the share price is at a low, the profit potential comes from buying shares, not selling them. In other words, you missed the boat this time. Obviously. But you need to free up your coins to make money rather than having them held hostage for weeks or months waiting for it to go up.
|
|
|
|
funcard2008
Newbie
Offline
Activity: 38
Merit: 0
|
|
August 07, 2013, 05:27:42 PM |
|
I've lost BTC8 so far!
Well, I would if I sold right now.
If BTCT hadn't glitched and I could have gotten in on the IPO, I'd be up BTC150 right now you would not be up as much as 150 cause of the liquidity if you brought in at IPO, to sell 100,000 shares 4+hrs, 0.4/0.3 did not stick for so long. but of course you would not be at such a loss.. i feel your pain though, I'm down BTC90 at mkt with remainder The following days we will focus on Q/A session and on the normal activities pertaining to our project.
The posted information is just the initial information provided by Sam. In the next few days there will be more information posted directly by the Development team. I just talked to Sam and he is setting this up with the developers today.
The coming days Developer from Labcoin as well as Sam himself will answer technical/development questions as well as describe the near future. Expect several posts.
Any update?, since beginning of aug was possible to rent 10TH safe bet, & with all hashpower incoming time is of the essence to make informed decisions NO update! so down down....
|
|
|
|
Mabsark
Legendary
Offline
Activity: 826
Merit: 1004
|
|
August 07, 2013, 05:35:47 PM |
|
No, but in the meantime if I hold I cannot take part in any profit potential with these funds. So, I "lost" them. One doesn't need to sell to have a negative position.
When the share price is at a low, the profit potential comes from buying shares, not selling them. In other words, you missed the boat this time. Obviously. But you need to free up your coins to make money rather than having them held hostage for weeks or months waiting for it to go up. Having them held hostage for a couple of months will almost certainly make 1000% profit from IPO prices.
|
|
|
|
AngelSky
|
|
August 07, 2013, 05:42:04 PM |
|
The market is depressed now and I can understand that. When these companies (labcoin or others) will start to hash, the price will go up quickly. Just buy when you think it's time to buy (now or later).
|
|
|
|
AngelSky
|
|
August 07, 2013, 05:49:38 PM |
|
I'm tempted to buy more shares, but I'm a bit concerned with the lack of updates from the team.
If you want to get in, don't get too much shares. Just enough to be able to forget them for a couple of weeks and come back later to see if something happened
|
|
|
|
TheSwede75 (OP)
|
|
August 07, 2013, 06:28:04 PM |
|
UPDATE:
After just talking to Sam Noi I can now reveal that the Project founder Fabrizio Tatti and one of the chip developers will be available on the forum shortly (later tonight or possibly in the morning) to answer questions reg. Design, status, Gen 1 chips etc.
This should give investors plenty of opportunity to ask questions and also stay up to date with the development.
|
|
|
|
creativex
|
|
August 07, 2013, 06:34:03 PM |
|
Free markets at work. What a beautiful thing.
Thanks for the update.
|
|
|
|
freedomno1
Legendary
Offline
Activity: 1806
Merit: 1090
Learning the troll avoidance button :)
|
|
August 07, 2013, 06:34:31 PM |
|
UPDATE:
After just talking to Sam Noi I can now reveal that the Project founder Fabrizio Tatti and one of the chip developers will be available on the forum shortly (later tonight or possibly in the morning) to answer questions reg. Design, status, Gen 1 chips etc.
This should give investors plenty of opportunity to ask questions and also stay up to date with the development.
Thanks for the update
|
Believing in Bitcoins and it's ability to change the world
|
|
|
blackswan
Member
Offline
Activity: 82
Merit: 10
|
|
August 07, 2013, 06:46:41 PM |
|
I'm tempted to buy more shares, but I'm a bit concerned with the lack of updates from the team.
If you want to get in, don't get too much shares. Just enough to be able to forget them for a couple of weeks and come back later to see if something happened Haha that timing could not have worked any better. Took a bet and bought a bunch of shares, Swede posts an update right after.
|
|
|
|
TheSwede75 (OP)
|
|
August 07, 2013, 06:46:41 PM |
|
UPDATE:
I will leave details of project plan/development up to Fabrizio, Mr Sparmann and Zhenhua (Founder and developers) but the time-frame as communicated by Sam is for Labcoin to start deployment first week of September and reach a delivered hash rate of minimum 50TH by October. This number could possibly go up significantly when we start accepting third party chip orders since 50TH is capacity that can be financed paralell with Gen 2 development using available IPO funds.
Details on Chip resales, Miner production and hash-farm building will be communicated within the next few days.
|
|
|
|
Rulother
Member
Offline
Activity: 68
Merit: 10
|
|
August 07, 2013, 06:46:54 PM |
|
UPDATE:
After just talking to Sam Noi I can now reveal that the Project founder Fabrizio Tatti and one of the chip developers will be available on the forum shortly (later tonight or possibly in the morning) to answer questions reg. Design, status, Gen 1 chips etc.
This should give investors plenty of opportunity to ask questions and also stay up to date with the development.
I still want to hear about the locked up assets.
|
A Member of the LCSH
|
|
|
TheSwede75 (OP)
|
|
August 07, 2013, 06:48:42 PM |
|
UPDATE:
After just talking to Sam Noi I can now reveal that the Project founder Fabrizio Tatti and one of the chip developers will be available on the forum shortly (later tonight or possibly in the morning) to answer questions reg. Design, status, Gen 1 chips etc.
This should give investors plenty of opportunity to ask questions and also stay up to date with the development.
I still want to hear about the locked up assets. There will be updates on this as well. I will be in contact with Burnside. All I can say is that the LABCOIN Founder and Developer core is bound by the news update and is not selling shares. This will be verified by Burnside soon enough.
|
|
|
|
mgio
|
|
August 07, 2013, 07:02:31 PM |
|
I've lost BTC8 so far!
Well, I would if I sold right now.
If BTCT hadn't glitched and I could have gotten in on the IPO, I'd be up BTC150 right now you would not be up as much as 150 cause of the liquidity if you brought in at IPO, to sell 100,000 shares 4+hrs, 0.4/0.3 did not stick for so long. but of course you would not be at such a loss.. i feel your pain though, I'm down BTC90 at mkt with remainder Yeah, I would have put in an ask at 0.0025 at trade open nd there was more than enough volume in the first couple of hours to unload 100,000 shares at 0.025. It might not have ever hit 0.003, but it would have sold. 100,000 shares at 0.0025 would have meant a quick 150 coin profit. Oh well, the good news for Labcoin is that I am actually holding on to my shares right now.
|
|
|
|
damiano
Legendary
Offline
Activity: 1246
Merit: 1000
103 days, 21 hours and 10 minutes.
|
|
August 07, 2013, 07:20:59 PM |
|
I hope there is another dump funds arrived finally
|
|
|
|
Rannasha
|
|
August 07, 2013, 07:21:19 PM |
|
I've lost BTC8 so far!
Well, I would if I sold right now.
If BTCT hadn't glitched and I could have gotten in on the IPO, I'd be up BTC150 right now you would not be up as much as 150 cause of the liquidity if you brought in at IPO, to sell 100,000 shares 4+hrs, 0.4/0.3 did not stick for so long. but of course you would not be at such a loss.. i feel your pain though, I'm down BTC90 at mkt with remainder Oh well, the good news for Labcoin is that I am actually holding on to my shares right now. It doesn't matter for Labcoin where the shares go and at what price at this stage. They got their IPO money after all and that won't change if the shares go to the moon or into the ground. In the long run, for potential future IPOs, a steady growth of the share price will be important, but right now the price is primarily based on speculation and not the performance of the company.
|
|
|
|
solstoce
|
|
August 07, 2013, 07:57:11 PM |
|
Thanks for the updates look forward to the Q&A tonight, glad to see all these short sellers arn't gonna make as much money as they wanted the first week
|
|
|
|
|
mgio
|
|
August 07, 2013, 09:10:54 PM |
|
I've lost BTC8 so far!
Well, I would if I sold right now.
If BTCT hadn't glitched and I could have gotten in on the IPO, I'd be up BTC150 right now you would not be up as much as 150 cause of the liquidity if you brought in at IPO, to sell 100,000 shares 4+hrs, 0.4/0.3 did not stick for so long. but of course you would not be at such a loss.. i feel your pain though, I'm down BTC90 at mkt with remainder Oh well, the good news for Labcoin is that I am actually holding on to my shares right now. It doesn't matter for Labcoin where the shares go and at what price at this stage. They got their IPO money after all and that won't change if the shares go to the moon or into the ground. In the long run, for potential future IPOs, a steady growth of the share price will be important, but right now the price is primarily based on speculation and not the performance of the company. I meant the "labcoin community". But, actually, it does matter for Labcoin. Aren't the owners allowed to sell some portion of their shares? If they do decide to sell, they would want the highest price possible.
|
|
|
|
Ytterbium
|
|
August 07, 2013, 11:48:11 PM |
|
There's a new IPO out for 500Thash starting in November, using HashFast chips: https://bitfunder.com/asset/IceDrill.ASICYou guys think you'll be able to beat that It looks like they're 50m shares, at an IPO price of 0.0014, so a 70k BTC IPO market price, compared to Labcoin's 10m shares, and estimated 36-50Thash. So, estimating $100/btc: IceDrill is $14/Ghash starting in November, not counting increases. Labcoin is $36/Ghash starting in September, a two month lead time, and not counting future increases and chip sales. From what I understand the second, large order of ~100k 130nm chips should take place at some point, and 3 months after that should run they should have (according their specs) 470Thash. If they place the order in September, it would mean about 520Thash online by November/DecemberThat brings Labcoin's $/Gh/s to about $3.50 0-1 months later then IceDrill's. Of course, you have to consider the difference between Labcoin and IceDrill/HashFast's ability to actually execute their plans. ____ Shares are down to .0014. Need some good news to give it a boost.
Their job is to design and produce the chip, not try to manage the share price. It doesn't matter for Labcoin where the shares go and at what price at this stage. They got their IPO money after all and that won't change if the shares go to the moon or into the ground.
In the long run, for potential future IPOs, a steady growth of the share price will be important, but right now the price is primarily based on speculation and not the performance of the company.
I meant the "labcoin community". But, actually, it does matter for Labcoin. Aren't the owners allowed to sell some portion of their shares? If they do decide to sell, they would want the highest price possible. It doesn't matter as far as the production and deployment of their chips is concerned, which is what's going to affect their share price in the long run. Trying to "manage" the share price shouldn't be their priority at this point in time. Actual execution is what's going to matter in the long run. I doubt much news other then "our chips are here and work" is going to have much of an impact on the share price anyway
|
|
|
|
Mabsark
Legendary
Offline
Activity: 826
Merit: 1004
|
|
August 08, 2013, 12:34:30 AM |
|
There's a new IPO out for 500Thash starting in November, using HashFast chips: https://bitfunder.com/asset/IceDrill.ASICYou guys think you'll be able to beat that It looks like they're 50m shares, at an IPO price of 0.0014, so a 70k BTC IPO market price, compared to Labcoin's 10m shares, and estimated 36-50Thash. So, estimating $100/btc: IceDrill is $14/Ghash starting in November, not counting increases. Labcoin is $36/Ghash starting in September, a two month lead time, and not counting future increases and chip sales. From what I understand the second, large order of ~100k 130nm chips should take place at some point, and 3 months after that should run they should have (according their specs) 470Thash. If they place the order in September, it would mean about 520Thash online by November/DecemberThat brings Labcoin's $/Gh/s to about $3.50 0-1 months later then IceDrill's. Of course, you have to consider the difference between Labcoin and IceDrill/HashFast's ability to actually execute their plans. ____ Shares are down to .0014. Need some good news to give it a boost.
Their job is to design and produce the chip, not try to manage the share price. It doesn't matter for Labcoin where the shares go and at what price at this stage. They got their IPO money after all and that won't change if the shares go to the moon or into the ground.
In the long run, for potential future IPOs, a steady growth of the share price will be important, but right now the price is primarily based on speculation and not the performance of the company.
I meant the "labcoin community". But, actually, it does matter for Labcoin. Aren't the owners allowed to sell some portion of their shares? If they do decide to sell, they would want the highest price possible. It doesn't matter as far as the production and deployment of their chips is concerned, which is what's going to affect their share price in the long run. Trying to "manage" the share price shouldn't be their priority at this point in time. Actual execution is what's going to matter in the long run. I doubt much news other then "our chips are here and work" is going to have much of an impact on the share price anyway Labcoin also has a 65nm chip in the works.
|
|
|
|
|