creativex
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September 09, 2013, 04:00:50 PM |
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Anyway, locking their shares was only one solution, not the only solution. They could easily simply make their portfolios public and then post a link. This is childs play on btct.co and doesn't require any input whatsoever from burnside who is a busy feller. None of this uncertainty is the least bit necessary as there are numerous ways to avoid it, but none of them are being acted upon.
See my post above, do you think that is a possibility? Sure it's a possibility. While nothing would 100% prevent them from profiting by manipulating the news, accounting for 30% of all the outstanding shares would go a long way and also re-assure investors that management still had skin in the game. As it stands I have no idea if anyone in charge of LC holds even a single share. If they do not, then I don't want to hold any shares either.
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AngelSky
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September 09, 2013, 04:02:05 PM |
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Why risk your coins investing with someone that doesn't talk straight?
That's why I'm not investing in APPL or any other usual assets. BTC world is small, managers and CEO are doing stuff with their hands and we do not see keynotes announced 1 years before any important milestone. A post in the forum is what we get. The difference ? How do you x2/x3/x10 (for bASIC-MINING in the good old days) your coins in the traditional market in a few weeks ? This is how it works here. No professional communication, a lot of uncertainty (just see how many trolls screaming "scam" since the beginning), but in exchange: huge rewards for the believers if it works as expected. I don't see why people are complaining about all this, or I suppose they don't really know what they are doing.
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Pompobit
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September 09, 2013, 04:03:59 PM |
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Sorry to be a little offtopic, but what's going on here? One month and a half since this thread started and it already has 300+ pages while ASICMiner one has only 650 pages.
summary: ipo starts ipo sold before unlock shares everyone want shares, rage unleashed #trolling #cheerleading no good news, outdated chips, price goes down #trolling #cheerleading chips photos, everybody go mad, price goes up #trolling #cheerleading promises to start hashing on 10th september: - OMG AMAZING DIVIDENDS, price goes up - OMG, LACK OF INFO, POSSIBLE SCAM, price goes down #trolling, #cheerleading <--you are here
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AngelSky
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September 09, 2013, 04:05:06 PM |
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Sorry to be a little offtopic, but what's going on here? One month and a half since this thread started and it already has 300+ pages while ASICMiner one has only 650 pages.
summary: ipo starts ipo sold before unlock shares everyone want shares, rage unleashed #trolling #cheerleading no good news, outdated chips, price goes down #trolling #cheerleading chips photos, everybody go mad, price goes up #trolling #cheerleading promises to start hashing on 10th september: - OMG AMAZING DIVIDENDS, price goes up - OMG, LACK OF INFO, POSSIBLE SCAM, price goes down #trolling, #cheerleading <--you are here Not far from reality.. and that does not even make me sad
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drawingthesun
Legendary
Offline
Activity: 1176
Merit: 1015
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September 09, 2013, 04:05:13 PM |
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If tomorrow we get some news saying that hashing begun etcetc. everything works as intended, what do you think is the price ceiling of shares? And the stable price after the spike?
0.004
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N_S
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September 09, 2013, 04:06:56 PM |
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If tomorrow we get some news saying that hashing begun etcetc. everything works as intended, what do you think is the price ceiling of shares? And the stable price after the spike?
0.004 Best case scenario and you're calling for a stable price of 0.004?
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creativex
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September 09, 2013, 04:08:01 PM |
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Why risk your coins investing with someone that doesn't talk straight?
That's why I'm not investing in APPL or any other usual assets. BTC world is small, managers and CEO are doing stuff with their hands and we do not see keynotes announced 1 years before any important milestone. A post in the forum is what we get. The difference ? How do you x2/x3/x10 (for bASIC-MINING in the good old days) your coins in the traditional market in a few weeks ? This is how it works here. No professional communication, a lot of uncertainty (just see how many trolls screaming "scam" since the beginning), but in exchange: huge rewards for the believers if it works as expected. I don't see why people are complaining about all this, or I suppose they don't really know what they are doing.I don't know about "people", but I don't see anything wrong with expecting management to act in good faith. If they say they'll do something, then do it. If for some reason you cannot do it, then explain in simple terms why it did not happen. Information black holes promote uncertainty and fuel speculation.
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Bitcycle
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September 09, 2013, 04:11:18 PM |
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Why risk your coins investing with someone that doesn't talk straight?
That's why I'm not investing in APPL or any other usual assets. BTC world is small, managers and CEO are doing stuff with their hands and we do not see keynotes announced 1 years before any important milestone. A post in the forum is what we get. The difference ? How do you x2/x3/x10 (for bASIC-MINING in the good old days) your coins in the traditional market in a few weeks ? This is how it works here. No professional communication, a lot of uncertainty (just see how many trolls screaming "scam" since the beginning), but in exchange: huge rewards for the believers if it works as expected. I don't see why people are complaining about all this, or I suppose they don't really know what they are doing.I don't know about "people", but I don't see anything wrong with expecting management to act in good faith. If they say they'll do something, then do it. If for some reason you cannot do it, then explain in simple terms why it did not happen. Information black holes promote uncertainty and fuel speculation. How many times are you going to say the same thing? Is this what you meant by discussion?
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drawingthesun
Legendary
Offline
Activity: 1176
Merit: 1015
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September 09, 2013, 04:12:31 PM |
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If tomorrow we get some news saying that hashing begun etcetc. everything works as intended, what do you think is the price ceiling of shares? And the stable price after the spike?
0.004 Best case scenario and you're calling for a stable price of 0.004? Well I would like it alot higher of course but I have kind of lost faith. I really think the peak will be 0.0041 and a stable point for a while at 0.004 before settling at 0.0039 once dividends come. Buy based on this information.
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Bitcycle
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September 09, 2013, 04:12:49 PM |
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I think it's hilarious people are selling off today. Is this what you were holding for? To sell the day before their deadline? What sort of thinking goes into a strategy like that?
I mean, thanks for hitting my bids, but seriously,what are you thinking?
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radiumsoup
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September 09, 2013, 04:14:13 PM |
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I think it's hilarious people are selling off today. Is this what you were holding for? To sell the day before their deadline? What sort of thinking goes into a strategy like that?
I mean, thanks for hitting my bids, but seriously,what are you thinking?
The obvious answer is that some people are not convinced they will hit their deadline. It's not a large number; volume is very low.
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PGP fingerprint: 0x85beeabd110803b93d408b502d39b8875b282f86
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creativex
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September 09, 2013, 04:14:26 PM |
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Is this what you meant by discussion? Uh. Yes? Did I win?
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AngelSky
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September 09, 2013, 04:15:31 PM |
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Why risk your coins investing with someone that doesn't talk straight?
That's why I'm not investing in APPL or any other usual assets. BTC world is small, managers and CEO are doing stuff with their hands and we do not see keynotes announced 1 years before any important milestone. A post in the forum is what we get. The difference ? How do you x2/x3/x10 (for bASIC-MINING in the good old days) your coins in the traditional market in a few weeks ? This is how it works here. No professional communication, a lot of uncertainty (just see how many trolls screaming "scam" since the beginning), but in exchange: huge rewards for the believers if it works as expected. I don't see why people are complaining about all this, or I suppose they don't really know what they are doing.I don't know about "people", but I don't see anything wrong with expecting management to act in good faith. If they say they'll do something, then do it. If for some reason you cannot do it, then explain in simple terms why it did not happen. Information black holes promote uncertainty and fuel speculation. And that explains some spikes and all this "volatility". Btw we can apply this reasoning to the BTC in general (Gox: no blackholes ?). I see so many similarities with wallstreet before regulation.
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foxykah
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September 09, 2013, 04:17:11 PM |
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I placed a sell order @ 0.008. Under that I'm not selling. If some weird crazy shit happens, and the prices goes all the way up till/over that, then be it, I will accept my faith Then buyback @ 0.005 maybe. I'm a little bit optimist, but hey, anything can happen.
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Good things come to those who wait.
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creativex
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September 09, 2013, 04:17:38 PM |
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Holy crap don't mention Gox. If management here is 1:100000000000th as inept as Gox's management we're hosed. ...and of course wall street after regulation means that only the regulators and institutional investors can consistently make more than the rate of inflation.
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AngelSky
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September 09, 2013, 04:19:18 PM |
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I placed a sell order @ 0.008. Under that I'm not selling. If some weird crazy shit happens, and the prices goes all the way up till/over that, then be it, I will accept my faith Then buyback @ 0.005 maybe. I'm a little bit optimist, but hey, anything can happen. I placed some @ 2013, do you think we'll hit the target ?
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canth
Legendary
Offline
Activity: 1442
Merit: 1001
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September 09, 2013, 04:22:09 PM |
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I placed a sell order @ 0.008. Under that I'm not selling. If some weird crazy shit happens, and the prices goes all the way up till/over that, then be it, I will accept my faith Then buyback @ 0.005 maybe. I'm a little bit optimist, but hey, anything can happen. I placed some @ 2013, do you think we'll hit the target ? Hrm. I think that you're leaving some profit on the table with that price. 4026 sounds more like it.
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foxykah
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September 09, 2013, 04:23:33 PM |
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I placed a sell order @ 0.008. Under that I'm not selling. If some weird crazy shit happens, and the prices goes all the way up till/over that, then be it, I will accept my faith Then buyback @ 0.005 maybe. I'm a little bit optimist, but hey, anything can happen. I placed some @ 2013, do you think we'll hit the target ? Sadly there is no chance for that price. But mine might be filled, with a little luck
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Good things come to those who wait.
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creativex
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September 09, 2013, 04:24:19 PM |
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The 24hr average is 259% above IPO price. I don't understand where the need to hush dissenters comes from. If LC delivers the price will trend upward, if they do not deliver then it will drop expeditiously. Controlling perception will not change this.
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drawingthesun
Legendary
Offline
Activity: 1176
Merit: 1015
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September 09, 2013, 04:25:37 PM |
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I placed a sell order @ 0.008. Under that I'm not selling. If some weird crazy shit happens, and the prices goes all the way up till/over that, then be it, I will accept my faith Then buyback @ 0.005 maybe. I'm a little bit optimist, but hey, anything can happen. The highest price will probably be 0.01 but the volume above 0.0041 (the real peak) will be small. We are talking about 0.5 bitcoin being moved above 0.0041 So when BTCT shows the peak was above 0.01 don't say I was wrong, look at the volume, no real amount of coin will move past 0.0041 ever for this company. EDIT, the real peak will be 0.009 with large volume, but only after I have picked up more shares.....
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