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

[Pale Phoenix]

The LC vs. ActM show is in full force.

ActM cheerleaders heavy on the FUD - why people seem to think certain operations have a monopoly on profit is unreal...

I thought the pinnacle of this type of thing was the Mac vs. PC arguments that suck thousands of hours of productivity out of the economy, then I met bitcoin. LOL

[zumzero]

Where's Mabsark then.  Come on mate let's hear what you have to say about this shambles...

Probably too busy dumping his shares as he nervously wipes the sweat from his brow.  

I'm right here. I've already stated repeatedly that I won't be selling any of my shares till around November. Why? Because I'm not some retard willing to sell my shares for 0.004 when I expect to get at least 0.03 and more likely 0.05 BTC per share.

Anyone selling now is a brain dead idiot, or simply trying to cause a panic sell in order to get more cheap shares. This should be blatantly obvious, otherwise they would have sold their shares sooner.

The only reason the price dropped is because someone sold a lot of shares. Now the price has risen again and that person attempts at spreading FUD in order to buy more shares have failed. Just another person making an incredibly stupid decision.

Just wait for people in the US to find out and react. Tomorrow, the share price will be above 0.01.

People in the US are wide awake, it is afternoon here.

Yeah Mab, you need to wake up.  America is ahead of you lol!  

8000 shares in the bid to bring this price back to pre-announcement levels.  What poetic justice after all of Mab's self righteous rants over on the ActM thread.  Fucking HA!

[dopamine]

If I was Labcoin, I would let people panic sell... I would be buying more shares from the panic knowing that the price is already priced in once the real update is released...

[AngelSky]

Anyone selling now is a brain dead idiot, or simply trying to cause a panic sell in order to get more cheap shares. This should be blatantly obvious, otherwise they would have sold their shares sooner.

The only reason the price dropped is because someone sold a lot of shares. Now the price has risen again and that person attempts at spreading FUD in order to buy more shares have failed. Just another person making an incredibly stupid decision.

Just wait for people in the US to find out and react. Tomorrow, the share price will be above 0.01.

Everyone should:

1) Bookmark this above post so you can see how wrong it proves to be in the coming days.
2) Remember that this guy has a very large position and will say anything to pump this stock - even when it is a scam as he doesn't care about LC, just his position.
3) Keep selling - you need to get out now before these big holders do because once they start to sell, price will drop like a stone.

When you say to people what to do, you just get ignored. Please go in the corner.

[TMAN]

Lc we need something concrete before you go off line, your shareholders are asking. Not only the fud paddlers. The people who financed you getting here, we want to see proof

[zumzero]

If I was Labcoin, I would let people panic sell... I would be buying more shares from the panic knowing that the price is already priced in once the real update is released...

Which 'real' update will that be then?  The one that is more real than today's unreal one?

[Mutated btc]

put on your seat belts, full drive incoming

[ShroomsKit]

LOL... you guys are a joke... if this is a scam, these are the worst scammers EVER. They should have run the day after the IPO instead of answering your questions here in the forum.... it's like a bankrobber that has $10 Million in his bag and decides to stay to chat with the bank employees and see if he can steal their watches too...

Better. They announced a lower hashrate than initial. I doubt a pure scam would do such. Still like to see some proof of work though.

Not selling.

That could just demonstrate how well they are running this scam -- they drop subtle hints like this to make you think they are legit, but don't provide easily verifiable evidence like mining on a pool to show they are at 2TH/s. The same concept applies to doing the percentage IPO instead of taking the money and running, because then they can later manipulate the market with unlocked shares.

I agree the choice of language and convenient answers are very much red flags to me.  Time to get out with some profit boys.  Please don't get burned.  ActM is a healthy investment alternative in a real company who are very transparent and will provided all the answers you want as the boss and the advisory board are always available on irc to chat.  We don't hold grudges and are ready to welcome Mabsark back into the fold a little sooner than he was planning.  

We think we gave enough evidence that our company and achievements are real to avoid being labeled as a "scam". Our company is sitting on valuable hardware and intellectual property and we're confident we will delivery nice performances to our shareholders.
We will work on improving our communications as we settle on our final premise and have reached stability.

Why do you refuse to show a picture? This is extremely odd behaviour.

[limbaugh]

We think we gave enough evidence that our company and achievements are real

What evidence would that be exactly? I have seen none, and I have been following this thread non-stop.

Exactly, so many ways to prove you are hashing but refuse to do so?

[AngelSky]

Lc we need something concrete before you go off line, your shareholders are asking. Not only the fud paddlers. The people who financed you getting here, we want to see proof

Agree.

[N_S]

Lc we need something concrete before you go off line, your shareholders are asking. Not only the fud paddlers. The people who financed you getting here, we want to see proof

Agree.

+1

[Bitcycle]

They aren't going to post anything today. Deal with it or bail out. Either way.

[Mutated btc]

The team is scattered on various countries, thus we have to coordinate to release anything. I'll see if i can get a screenshot of the hashing rate or something, but more pictures will be posted in the next few days, we will deploy the same mechanism ASICMINER uses for signing found blocks and publish them on our website.

he said already here

[237]

This is hilarious.

You guys actually succeed in FUDing the share price down.

And that over and over again, just for it to rebound. And every time the stupid
sheeps lose money. That's why i love the Bitcoin markets. The dumb ones always
get punished and easy money is to be made.

-237-

[zumzero]

This is hilarious.

You guys actually succeed in FUDing the share price down.

And that over and over again, just for it to rebound. And every time the stupid
sheeps lose money. That's why i love the Bitcoin markets. The dumb ones always
get punished and easy money is to be made.

-237-

0.00355 and declining.  omg this is historic!!

[Stuartuk]

We think we gave enough evidence that our company and achievements are real

What evidence would that be exactly? I have seen none, and I have been following this thread non-stop.

Jesus Christ guys can you just listen to this guy, he was a backer now he recognizes what's going on.

DO NOT lose your shirts here, at the very least put in sell orders 20% above your break-even point. There is no guarantee that a sell order will be filled if price shoots past them so you need to be watching this constantly or be OUT if you leave the room.

This could plunge over a very short time period.

[N_S]

0.00355 and declining.  omg this is historic!!

Jesus christ - someone hand me a FUD shovel!

[creativex]

The team is scattered on various countries, thus we have to coordinate to release anything. I'll see if i can get a screenshot of the hashing rate or something, but more pictures will be posted in the next few days, we will deploy the same mechanism ASICMINER uses for signing found blocks and publish them on our website.

he said already here

Right. If that doesn't happen soon, I'm pulling the plug. Talk only goes so far and this asset has reached the limit.

[AngelSky]

The team is scattered on various countries, thus we have to coordinate to release anything. I'll see if i can get a screenshot of the hashing rate or something, but more pictures will be posted in the next few days, we will deploy the same mechanism ASICMINER uses for signing found blocks and publish them on our website.

he said already here

Right. If that doesn't happen soon, I'm pulling the plug. Talk only goes so far and this asset has reached the limit.

same here.

[camu6]

0.00355 and declining.  omg this is historic!!

Jesus christ - someone hand me a FUD shovel!

At .0029 more people will understand