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

[001sonkit]

The only a bit more logical solution is he is a spread-maker... for 2 minutes

[boyohi]

He probably brought some LC at 15 and don't keep up/know anything about LC and just said "Oh look I made money time to cash out".

[TMAN]

So 2 days to wait.. What time zone are we using

[drawingthesun]

What type of rally on the news? 0.003999?

[Vigil]

So 2 days to wait.. What time zone are we using

Don't need to know that. Just wait for the FUD attack and then the major sell-off. FUD should begin sometime tomorrow. Sell-off will happen when there is no news by 10:00-3:00 ET on Sept. 10. News will come after the sell-off.

[TMAN]

What type of rally on the news? 0.003999?

Try doubling that

[Vigil]

What type of rally on the news? 0.003999?

Try doubling that

That is what everyone said last time with the chips from the foundry announcement - didn't happen.

[TMAN]

.0016 to where we are now.?

[Vigil]

.0016 to where we are now.?

No, we were at .0033-.0036 prior to the news of the chips. Everyone said: "We are going to at least .005 upon news that the chips are on schedule". Well, it didn't happen. Then everyone said: "Oh, well, that news isn't good enough, the real news is when we start hashing." Then everyone started saying: "The real movement won't come until the first dividend." Now, you are already hearing people say: "All that stuff is currently factored into the price, it won't take off until the 50 or 200-300TH hit."

The goal-post in here moves like no other because people just want the majority of speculators to not sell their shares in the run-up to around .004 and hold until after the big hands get out. So you tell everyone to expect a price point well above what you plan to sell at. They always dip the price down to around .0028-.003 prior to the news and then ride it up to .0039 or so - 30% gain. While everyone else is waiting to sell at more like .0045-.005.

[TMAN]

You are forgetting that once the company is hashing all the money that was scared of a scam will start coming in. I know others are waiting to invest more, it will only take 2 or 3 decent buys to get the stock really moving.

[drawingthesun]

.0016 to where we are now.?

No, we were at .0033-.0036 prior to the news of the chips. Everyone said: "We are going to at least .005 upon news that the chips are on schedule". Well, it didn't happen. Then everyone said: "Oh, well, that news isn't good enough, the real news is when we start hashing." Then everyone started saying: "The real movement won't come until the first dividend." Now, you are already hearing people say: "All that stuff is currently factored into the price, it won't take off until the 50 or 200-300TH hit."

The goal-post in here moves like no other because people just want the majority of speculators to not sell their shares in the run-up to around .004 and hold until after the big hands get out. So you tell everyone to expect a price point well above what you plan to sell at. They always dip the price down to around .0028-.003 prior to the news and then ride it up to .0039 or so - 30% gain. While everyone else is waiting to sell at more like .0045-.005.

Well you may be right, we had someone try dipping the price today and I agree, its going to be pushed lower again.

However if there's news of hashing even the "people" know its going to have a much higher peak. Of course it's still safer to sell lower incase selling pressure is too much. A profit is a profit after all.

[physalis]

What type of rally on the news? 0.003999?

Try doubling that

That is what everyone said last time with the chips from the foundry announcement - didn't happen.

Because that was hardly proof of anything. Could be a photoshop, could be just *any* chips from somewhere else.
The undeniable proof of seeing them actually hashing is something different.

Everyone said: "We are going to at least .005 upon news that the chips are on schedule".

Nobody said that.

"Oh, well, that news isn't good enough, the real news is when we start hashing."

That is what everybody was saying all along. And we're still waiting on that.

And frankly, I don't care if the price goes above 0.005 right when we see hashing, or if it doesn't. But if it doesn't, the price will be WAY too low, and it will go up over time. It doesn't need to make a sudden jump.

[Vigil]

What type of rally on the news? 0.003999?

Try doubling that

That is what everyone said last time with the chips from the foundry announcement - didn't happen.

Because that was hardly proof of anything. Could be a photoshop, could be just *any* chips from somewhere else.
The undeniable proof of seeing them actually hashing is something different.

Everyone said: "We are going to at least .005 upon news that the chips are on schedule".

Nobody said that.

"Oh, well, that news isn't good enough, the real news is when we start hashing."

That is what everybody was saying all along. And we're still waiting on that.

And frankly, I don't care if the price goes above 0.005 right when we see hashing, or if it doesn't. But if it doesn't, the price will be WAY too low, and it will go up over time. It doesn't need to make a sudden jump.

Some were saying it.

[AngelSky]

You do realize that the seller pushed the price from .0037 to .0033882, huh?

um, no he didn't.  Right after he sold, look at these sell orders that were filled:


That's ~9K shares that were bought above .00369 right after he sold shares at .003382

He was TRYING to push the price that low, but failed.

where is this cap screen from ?

[afrotec]

KryptoTrader.com

[Multi]

everyone forgot about something

amazing company 

[Stuartuk]

That's ~9K shares that were bought above .00369 right after he sold shares at .003382

He was TRYING to push the price that low, but failed.

lol you guys are hilarious.

What you have seen is a price plateau that held for an hour before someone saw there was not enough buying pressure to sustain the move and sold to take profit.

For some reason you are all jerking each other off here telling yourselves people are trying to dip price to buy in cheap. Well guys, if your intention is to dip price to get in cheap you do not, I repeat, do not try that at the top of a recent price surge.

It's obvious almost no-one on here has got a clue. Keep dreaming about price manipulation guys because the next time you see a plateau followed by a sell off it could be the big one that goes down and doesn't stop.

The facts here are: you are all scared shitless of loosing your shirts, no-one knows WTF LC are up to because they have gone silent, and price is in it's all time high territory = over-valued. Perfect conditions for a perfect storm. Enjoy the ride.

[physalis]

loosing

*losing
I can only watch you misspell it so many times.

[Ytterbium]

there are many like you waiting for the proof so once it starts hashing expect share prices to double, if going long then paying a premium is not an issue i guess... on the other hand if i had that 70btc now i'd go all in and make at least 10btc in profit once sam brings out some news... enter @0.0033 and exit at 0.004 how difficult can this be? 

Yeah, but you have to keep in mind "Buy on the rumor, sell on the news".  If everyone guys in waiting for them to hash, then who's going to be left to boost the price once they do?

There could be a big group of buyers ready to buy once they start hashing.  Or we could see a 'melt up' like we did with ActM.  Or we might just see not much change like we did when the chip pictures come in.

There's no way to predict what's going to happen given this limited market. I do think the stock will be really profitable in the next few months once they start paying dividends. But that doesn't meant there's enough bitcoin on the exchanges to even get the price high enough to where it's supposed to be.

[Bitcycle]

loosing

*losing
I can only watch you misspell it so many times.

I dunno, I find I can laugh at him all day.