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Author Topic: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)  (Read 1079977 times)
Vigil
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August 28, 2013, 11:59:13 PM
 #4321

No one knows where the real price is. We will see.
Its going to go higher as soon as they shake everyone out of the shares. Keep the stock low and induce panic sells, then eventually bring the price back up.
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August 28, 2013, 11:59:35 PM
 #4322

That is because so many people lost their asses with the panic sell due to TheSwede's comment. They can't get back in to buy. The Labcoin shares were centralized into fewer hands and they can now manipulate the price much easier.

Now they have the shares going back down to sub .0027 - its market manipulation.

It's not necessarily manipulation. The lack of news yesterday was not good at all and the situation exploded with TheSwede's no-news-update, I guess. Later the news did come, but all in all everyone knew what would be published ("chips arrived") and some might have expected more than a few lines of text, followed by this horror comment (actually there is a blogpost about the topic here in chinese).

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August 29, 2013, 12:03:15 AM
 #4323

That is because so many people lost their asses with the panic sell due to TheSwede's comment. They can't get back in to buy. The Labcoin shares were centralized into fewer hands and they can now manipulate the price much easier.

Now they have the shares going back down to sub .0027 - its market manipulation.

It's not necessarily manipulation. The lack of news yesterday was not good at all and the situation exploded with TheSwede's no-news-update, I guess. Later the news did come, but all in all everyone knew what would be published ("chips arrived") and some might have expected more than a few lines of text, followed by this horror comment (actually there is a blogpost about the topic here in chinese).

Without anything substantial I see no reason for rapid growth in the next days based on the sentiment right now.
All anyone was expecting was a confirmation of chips arriving. That is it. Go look through the threads in the days and weeks leading up... Everything everyone was expecting in the announcement came (aside from some pictures - which was an afterthought). The news came and all the fusters come out and say it wasn't good enough. We got confirmation and dates of dividends.
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August 29, 2013, 12:04:55 AM
 #4324

That is because so many people lost their asses with the panic sell due to TheSwede's comment. They can't get back in to buy. The Labcoin shares were centralized into fewer hands and they can now manipulate the price much easier.

Now they have the shares going back down to sub .0027 - its market manipulation.

It's not necessarily manipulation. The lack of news yesterday was not good at all and the situation exploded with TheSwede's no-news-update, I guess. Later the news did come, but all in all everyone knew what would be published ("chips arrived") and some might have expected more than a few lines of text, followed by this horror comment (actually there is a blogpost about the topic here in chinese).

Without anything substantial I see no reason for rapid growth in the next days based on the sentiment right now.
All anyone was expecting was a confirmation of chips arriving. That is it. Go look through the threads in the days and weeks leading up... Everything everyone was expecting in the announcement came (aside from some pictures - which was an afterthought). The news came and all the fusters come out and say it wasn't good enough.

I just find it odd that the news appears right after a sharp share price drop. 
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August 29, 2013, 12:04:59 AM
 #4325

That is because so many people lost their asses with the panic sell due to TheSwede's comment. They can't get back in to buy. The Labcoin shares were centralized into fewer hands and they can now manipulate the price much easier.

Now they have the shares going back down to sub .0027 - its market manipulation.

It's not necessarily manipulation. The lack of news yesterday was not good at all and the situation exploded with TheSwede's no-news-update, I guess. Later the news did come, but all in all everyone knew what would be published ("chips arrived") and some might have expected more than a few lines of text, followed by this horror comment (actually there is a blogpost about the topic here in chinese).

Without anything substantial I see no reason for rapid growth in the next days based on the sentiment right now.

Agree.

Step 1) Wait for news => Buy
Step 2) No news comming, deadline broken => Sell.
Step 3) Sold too much => Buy back in.
Step 4) Still no news => Sell-all
Step 5) News has come => Buy like a fool @ 0.0037
Step 6) Hmmm, is that really a news ? In 1 line, no picture, nothing real to count on ? There is a lot of time before 4TH online.. nothing will happen until then... hmmmmm... => Sell
            /\
            ||
We are here I guess.
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August 29, 2013, 12:10:22 AM
 #4326

That is because so many people lost their asses with the panic sell due to TheSwede's comment. They can't get back in to buy. The Labcoin shares were centralized into fewer hands and they can now manipulate the price much easier.

Now they have the shares going back down to sub .0027 - its market manipulation.

It's not necessarily manipulation. The lack of news yesterday was not good at all and the situation exploded with TheSwede's no-news-update, I guess. Later the news did come, but all in all everyone knew what would be published ("chips arrived") and some might have expected more than a few lines of text, followed by this horror comment (actually there is a blogpost about the topic here in chinese).

Without anything substantial I see no reason for rapid growth in the next days based on the sentiment right now.

Agree.

Step 1) Wait for news => Buy
Step 2) No news comming, deadline broken => Sell.
Step 3) Sold too much => Buy back in.
Step 4) Still no news => Sell-all
Step 5) News has come => Buy like a fool @ 0.0037
Step 6) Hmmm, is that really a news ? In 1 line, no picture, nothing real to count on ? There is a lot of time before 4TH online.. nothing will happen until then... hmmmmm... => Sell

We are here I guess.
That isn't what happened. TheSwede initiated the sell-off with his comment. Had he said nothing, everyone would have expected news on Wednesday. Even you were only expecting confirmation of chips arriving and setting dates on dividents. Go look at your posts. You have completely changed your tune from just yesterday.
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August 29, 2013, 12:13:12 AM
 #4327

That is because so many people lost their asses with the panic sell due to TheSwede's comment. They can't get back in to buy. The Labcoin shares were centralized into fewer hands and they can now manipulate the price much easier.

Now they have the shares going back down to sub .0027 - its market manipulation.

It's not necessarily manipulation. The lack of news yesterday was not good at all and the situation exploded with TheSwede's no-news-update, I guess. Later the news did come, but all in all everyone knew what would be published ("chips arrived") and some might have expected more than a few lines of text, followed by this horror comment (actually there is a blogpost about the topic here in chinese).

Without anything substantial I see no reason for rapid growth in the next days based on the sentiment right now.

Agree.

Step 1) Wait for news => Buy
Step 2) No news comming, deadline broken => Sell.
Step 3) Sold too much => Buy back in.
Step 4) Still no news => Sell-all
Step 5) News has come => Buy like a fool @ 0.0037
Step 6) Hmmm, is that really a news ? In 1 line, no picture, nothing real to count on ? There is a lot of time before 4TH online.. nothing will happen until then... hmmmmm... => Sell

We are here I guess.
That isn't what happened. TheSwede initiated the sell-off with his comment. Had he said nothing, everyone would have expected news on Wednesday. Even you were only expecting confirmation of chips arriving and setting dates on dividents. Go look at your posts. You have completely changed your tune from just yesterday.

You're right about TheSwede that initiated the sell-off thing, that's "Step 2". Yup I changed my tune, I'm sure you know why  Cool
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August 29, 2013, 12:14:32 AM
 #4328

All anyone was expecting was a confirmation of chips arriving. That is it. Go look through the threads in the days and weeks leading up... Everything everyone was expecting in the announcement came (aside from some pictures - which was an afterthought). The news came and all the fusters come out and say it wasn't good enough.

While the news of upcoming news a few days before triggered the price to rise, the actual news weren't news at all, but only a confirmation of what was already expected. On the other hand, the lack of expected news has a potential to have a negative impact. Hope that makes sense. Wink


Edit:

I just find it odd that the news appears right after a sharp share price drop. 

The news from "labcoin" appeared when the price was already at .0027xx again.

damiano
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August 29, 2013, 12:17:53 AM
 #4329

No one knows where the real price is. We will see.
Its going to go higher as soon as they shake everyone out of the shares. Keep the stock low and induce panic sells, then eventually bring the price back up.

I would be shocked if they didn't push the price back up past .0037 in a few hrs or so then slowly drift back to .0030-.0033
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August 29, 2013, 12:20:33 AM
 #4330

step 1>sell all the stocks at 0.0038
step 2>pubulish bad news
step 3>buy at 0.002
step 4>pubulish good news "we receve the chips"
step 5>sell all the stocks at 0.0038
someone can easilly do this.
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August 29, 2013, 12:21:44 AM
 #4331

All anyone was expecting was a confirmation of chips arriving. That is it. Go look through the threads in the days and weeks leading up... Everything everyone was expecting in the announcement came (aside from some pictures - which was an afterthought). The news came and all the fusters come out and say it wasn't good enough.

While the news of upcoming news a few days before triggered the price to rise, the actual news weren't news at all, but only a confirmation of what was already expected. On the other hand, the lack of expected news has a potential to have a negative impact. Hope that makes sense. Wink


Edit:

I just find it odd that the news appears right after a sharp share price drop.  

The news from "labcoin" appeared when the price was already at .0027xx again.
No, it doesn't. The entire point was to confirm that things were going according to plan not to offer entirely new information. If that is the case then the price should have remained stable at least. We didn't need to hear something positive we didn't expect in order to maintain the price. What you are saying is nonsense.

What has happened is that the Labcoin shares are now so centralized that a few people can manipulate the entire stock price at will.

Quote
You're right about TheSwede that initiated the sell-off thing, that's "Step 2". Yup I changed my tune, I'm sure you know why  Cool
You changed your tune because you are trying to rationalize the reason for why the price is lower after affirming that Labcoin is on track. You are sitting here questioning "well maybe this wasn't really a confirmation afterall", etc. Total nonsense, it was all we were expecting. The only legitimate reason for the anomaly in price is manipulation.
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August 29, 2013, 12:22:54 AM
 #4332

step 1: write out a list of steps
step 2: make them sound convincing
step 3: even though they are theories, they are true because people believe them
step 4: shut the door.
step 5: regret writing step 4, because the only point of that step was to rhyme
step 6: look at me I can write out steps too
step 7: this is fun
step 8: kbye

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August 29, 2013, 12:23:15 AM
 #4333

That isn't what happened. TheSwede initiated the sell-off with his comment. Had he said nothing, everyone would have expected news on Wednesday. Even you were only expecting confirmation of chips arriving and setting dates on dividents. Go look at your posts. You have completely changed your tune from just yesterday.

You're right about TheSwede that initiated the sell-off thing, that's "Step 2". Yup I changed my tune, I'm sure you know why  Cool

Blaming theswede for the selloff is really bizarre to me.  Look at how innocuous his post was.

I just wanted to stop by and say that I have not been able to talk to Sam today. I do realize that "next week" is here and as soon as I have anything to report I will. I realize a "nothing to report yet" report is just that, but as soon as I hear anything it will be posted here and on BTCT.CO news section.

This was after there were tons of posts all day asking "where is the update?", "where is theswede" plus several FUD slinging posters.  He elected to at least be communicative to the shareholders and I appreciate that.  If he posted nothing the price would have still dropped because news was expected to come that day.

Plus its misguided to blame him.  What if he were to just say "F this" and resign from PR.  Then what would happen to the share price?

Freedom is a state of mind, and then Bitcoin comes along.....
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August 29, 2013, 12:24:45 AM
 #4334

It reminds me something:

http://www.youtube.com/watch?v=Fp1CttLLR0k&t=13m30s

 Grin

EDIT: WELCOME TO THE CASINO.
Vigil
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August 29, 2013, 12:26:18 AM
 #4335

That isn't what happened. TheSwede initiated the sell-off with his comment. Had he said nothing, everyone would have expected news on Wednesday. Even you were only expecting confirmation of chips arriving and setting dates on dividents. Go look at your posts. You have completely changed your tune from just yesterday.

You're right about TheSwede that initiated the sell-off thing, that's "Step 2". Yup I changed my tune, I'm sure you know why  Cool

Blaming theswede for the selloff is really bizarre to me.  Look at how innocuous his post was.

I just wanted to stop by and say that I have not been able to talk to Sam today. I do realize that "next week" is here and as soon as I have anything to report I will. I realize a "nothing to report yet" report is just that, but as soon as I hear anything it will be posted here and on BTCT.CO news section.

dude, look at the time he made the post and look at the time the sell-off started - he posted at 9:25 PM ET, the sell-off started just after that.
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August 29, 2013, 12:33:28 AM
 #4336

That isn't what happened. TheSwede initiated the sell-off with his comment. Had he said nothing, everyone would have expected news on Wednesday. Even you were only expecting confirmation of chips arriving and setting dates on dividents. Go look at your posts. You have completely changed your tune from just yesterday.

You're right about TheSwede that initiated the sell-off thing, that's "Step 2". Yup I changed my tune, I'm sure you know why  Cool

Blaming theswede for the selloff is really bizarre to me.  Look at how innocuous his post was.

I just wanted to stop by and say that I have not been able to talk to Sam today. I do realize that "next week" is here and as soon as I have anything to report I will. I realize a "nothing to report yet" report is just that, but as soon as I hear anything it will be posted here and on BTCT.CO news section.

dude, look at the time he made the post and look at the time the sell-off started - he posted at 9:25 PM ET, the sell-off started just after that.

The selloff was gonna happen once it became clear that no news was coming.  Yes, theswede sort of confirmed that but the price would have dropped anyway.  It had already started to drop 10 minutes before.  Look it up.  Look at the posts before his.  Like this one:

The sell off has started, who wants to be the bag holder?


Freedom is a state of mind, and then Bitcoin comes along.....
-S4VV4S
Vigil
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August 29, 2013, 12:35:56 AM
 #4337

That isn't what happened. TheSwede initiated the sell-off with his comment. Had he said nothing, everyone would have expected news on Wednesday. Even you were only expecting confirmation of chips arriving and setting dates on dividents. Go look at your posts. You have completely changed your tune from just yesterday.

You're right about TheSwede that initiated the sell-off thing, that's "Step 2". Yup I changed my tune, I'm sure you know why  Cool

Blaming theswede for the selloff is really bizarre to me.  Look at how innocuous his post was.

I just wanted to stop by and say that I have not been able to talk to Sam today. I do realize that "next week" is here and as soon as I have anything to report I will. I realize a "nothing to report yet" report is just that, but as soon as I hear anything it will be posted here and on BTCT.CO news section.

dude, look at the time he made the post and look at the time the sell-off started - he posted at 9:25 PM ET, the sell-off started just after that.

The selloff was gonna happen once it became clear that no news was coming.  Yes, theswede sort of confirmed that but the price would have dropped anyway.  It had already started to drop 10 minutes before.  Look it up.  Look at the posts before his.  Like this one:

The sell off has started, who wants to be the bag holder?

Thats just speculation. The price was fine going into 9:30 PM ET. People were fine waiting till the next day because no definite day was given, just "early next week". Its not like it was Friday and no word.
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August 29, 2013, 12:40:19 AM
 #4338

So seriously, you guys still believe Labcoin, or just all share be stuck?
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August 29, 2013, 12:41:04 AM
 #4339

The selloff was gonna happen once it became clear that no news was coming.  Yes, theswede sort of confirmed that but the price would have dropped anyway.  It had already started to drop 10 minutes before.  Look it up.  Look at the posts before his.  Like this one:

The sell off has started, who wants to be the bag holder?

At the time, that post stuck out to me as expertly placed FUD.
redbeans2012
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August 29, 2013, 12:46:26 AM
 #4340

The selloff was gonna happen once it became clear that no news was coming.  Yes, theswede sort of confirmed that but the price would have dropped anyway.  It had already started to drop 10 minutes before.  Look it up.  Look at the posts before his.  Like this one:

The sell off has started, who wants to be the bag holder?

At the time, that post stuck out to me as expertly placed FUD.

At the time that post was made there was some dumping going on (probably from the poster).. I sold mine right after that expertly timed post.
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