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

[alphaking]

Wow, this is crazy, when will the dumps stop?

14:52 (S) 2709 @ 0.00301200 LABCOIN
14:52 (S) 3548 @ 0.00301300 LABCOIN
14:52 (S) 300 @ 0.00301400 LABCOIN
14:52 (S) 50 @ 0.00303500 LABCOIN
14:52 (S) 1000 @ 0.00303500 LABCOIN
14:52 (S) 164 @ 0.00330000 ACTIVEMINING
14:50 (S) 2236 @ 0.00301300 LABCOIN
14:50 (S) 3000 @ 0.00303000 LABCOIN
14:50 (S) 30 @ 0.00303000 LABCOIN
14:50 (S) 3000 @ 0.00303100 LABCOIN
14:50 (S) 6984 @ 0.00303200 LABCOIN
14:49 (S) 6516 @ 0.00303200 LABCOIN
14:49 (S) 860 @ 0.00303200 LABCOIN
14:49 (S) 1000 @ 0.00303300 LABCOIN
14:49 (S) 125 @ 0.00303300 LABCOIN
14:49 (S) 200 @ 0.00307000 LABCOIN
14:49 (S) 18 @ 0.00307200 LABCOIN
14:49 (S) 130 @ 0.00307800 LABCOIN
14:49 (S) 2000 @ 0.00308000 LABCOIN
14:49 (S) 200 @ 0.00308000 LABCOIN
14:49 (S) 3000 @ 0.00308300 LABCOIN
14:49 (S) 1 @ 0.00308300 LABCOIN
14:49 (S) 52 @ 0.00308800 LABCOIN
14:49 (S) 1000 @ 0.00308800 LABCOIN
14:49 (S) 200 @ 0.00310000 LABCOIN
14:49 (S) 199 @ 0.00310000 LABCOIN
14:49 (S) 5375 @ 0.00310000 LABCOIN
14:49 (S) 16 @ 0.00310000 LABCOIN
14:48 (S) 1 @ 0.65000000 PETA-MINE
14:47 (S) 1984 @ 0.00310000 LABCOIN
14:47 (S) 320 @ 0.00310000 LABCOIN
14:47 (S) 1000 @ 0.00310100 LABCOIN
14:47 (S) 150 @ 0.00310100 LABCOIN
14:47 (S) 1000 @ 0.00310100 LABCOIN
14:47 (S) 300 @ 0.00310200 LABCOIN
14:47 (S) 46 @ 0.00310900 LABCOIN
14:47 (S) 200 @ 0.00311100 LABCOIN
14:39 (S) 3000 @ 0.00313200 LABCOIN
14:39 (S) 1000 @ 0.00313500 LABCOIN
14:39 (S) 46 @ 0.00313500 LABCOIN
14:39 (S) 500 @ 0.00314000 LABCOIN
14:39 (S) 200 @ 0.00314100 LABCOIN
14:39 (S) 48 @ 0.00315000 LABCOIN
14:39 (S) 802 @ 0.00315100 LABCOIN
14:38 (S) 1 @ 2.24000000 ASICMINER-PT
14:36 (S) 952 @ 0.00315000 LABCOIN
14:36 (S) 44 @ 0.00316100 LABCOIN
14:36 (S) 1004 @ 0.00316200 LABCOIN
14:36 (S) 1000 @ 0.00317000 LABCOIN
14:35 (S) 2783 @ 0.00316200 LABCOIN
14:34 (S) 20000 @ 0.00320000 LABCOIN
14:34 (S) 15 @ 0.00320000 LABCOIN
14:34 (S) 2000 @ 0.00320000 LABCOIN
14:34 (S) 122 @ 0.00320000 LABCOIN
14:34 (S) 300 @ 0.00320100 LABCOIN
14:31 (S) 1000 @ 0.00333400 LABCOIN
14:30 (S) 680 @ 0.00333400 LABCOIN
14:25 (S) 320 @ 0.00333400 LABCOIN
14:15 (B) 5 @ 0.00339900 ACTIVEMINING
14:14 (S) 790 @ 0.00330000 ACTIVEMINING
14:14 (B) 10 @ 0.00267900 DMS.MINING
14:13 (B) 1 @ 0.02136000 TAT.ASICMINER
14:12 (S) 78 @ 0.00320000 LABCOIN
14:12 (S) 2000 @ 0.00320100 LABCOIN
14:12 (S) 800 @ 0.00320100 LABCOIN
14:12 (S) 2000 @ 0.00320200 LABCOIN
14:12 (S) 3800 @ 0.00320500 LABCOIN
14:12 (S) 1000 @ 0.00320800 LABCOIN

pretty close to 0.003

[dhenson]

Wow, this is crazy, when will the dumps stop?

When proof of hashing is posted.

Simple, really.

Step 1) Hold
Step 2) Watch weak hands fall for this AGAIN.
Step 3) Buy cheap shares
Step 4) Yawn and wait for next cycle

[BitCsByBit]

Was going to go to bed, now I see the price tanking.  Sigh

Don't worry! What happens everytime the price tanks? Labcoin comes online!

So very soon Labcoin should be here to tell us how things are going.

The only reason that they would not come online is that this is the planned end of the line. If so 0.003 will be considered a good exit.

Oh come on... if this were a scam how hard would it be to buy some old Avalons and put up 2Th/s on Eligus? Along with some prototype circuitboards for a couple hundred bucks, they could easily boost the share price to the stratosphere before dumping.

With the amount of (hold on news, buy cheap, give news, sell high) cycles they would make more money just using investor funds to buy and sell shares. Hell they can pay that back as a dividend instead of waiting to buy avalons. I am sure some of their money went into the ASIC, but not all!

If they say they're solo mining, they would have to be able to point to some blocks. If they had some old ASICs they'd be able to do that.  It would mean far, far more money for them if they were scamming. So, I don't buy it.

Maybe if the share price drops enough, they'll come online and explain WTF is going on.

It is 2:57 PM in HK right now, hopefully the china team is at work and we can get some explanations.

Somehow I don't think they are monitoring the share price.

[tucenaber]

"Be Fearful When Others Are Greedy and Greedy When Others Are Fearful"

[drawingthesun]

Wow, this is crazy, when will the dumps stop?

When proof of hashing is posted.

Simple, really.

Step 1) Hold
Step 2) Watch weak hands fall for this AGAIN.
Step 3) Buy cheap shares
Step 4) Yawn and wait for next cycle

Except there is a limit to the amount of cycles this can happen before the truth comes out.

Kind of like a martingale where it keeps working until its all over. I rode a few cycles before but I have a feeling the last has been and gone.

[KCBitcoin]

"Be Fearful When Others Are Greedy and Greedy When Others Are Fearful"

^^ nice quote

[drawingthesun]

"Be Fearful When Others Are Greedy and Greedy When Others Are Fearful"

Except Warren Buffett only invests in companies with strong fundamentals. He wouldn't go anywhere near this turd.

[Ytterbium]

someone just bought 2 shares.  

If you look at the market history, other then a handful of shares at 1, 2 5 shares it's been all sells.  168,987 shares sold in the past 5h.

[onecent]

I think LC should construct a better communication channel, if they IPO as a company, they should act like a company, It's easy to hire a real PR who can actually follow the operation effectively and have weekly news press or answer shareholders' questions.  The 250 pages long FUD could have been avoided if they did it.   TheSwede is a nice guy but he just not that qualified as a PR IMHO. 

I think it's necessary to emphasize THIS, it doesn't may any sense of hiring a guy outside the company operation, received updates from Sam and copy/paste on this thread, it could be done by Sam himself within 1 min.  And thanks to TheSwede, cheap shares come again

[BitThink]

Blatant market manipulation! Seriously think TheSwede75 and the whole Labcoin team are involved. Otherwise all these odds cannot be explained.

[drawingthesun]

Blatant market manipulation! Seriously think TheSwede75 and the whole Labcoin team are involved. Otherwise all these odds cannot be explained.

I wonder who is buying now? Only someone who knew that good news was coming out. (hint: Labcoin)

[Bitcycle]

Blatant market manipulation! Seriously think TheSwede75 and the whole Labcoin team are involved. Otherwise all these odds cannot be explained.

I wonder who is buying now? Only someone who knew that good news was coming out. (hint: Labcoin)

If there's a post right after those buys....

[onecent]

Blatant market manipulation! Seriously think TheSwede75 and the whole Labcoin team are involved. Otherwise all these odds cannot be explained.

I wonder who is buying now? Only someone who knew that good news was coming out. (hint: Labcoin)

If there's a post right after those buys....

Let's wait and see....

[dhenson]

Blatant market manipulation! Seriously think TheSwede75 and the whole Labcoin team are involved. Otherwise all these odds cannot be explained.

I wonder who is buying now? Only someone who knew that good news was coming out. (hint: Labcoin)

If there's a post right after those buys....

You can stop now.  All of the FUDster's bids have been filled.

*sigh*

[hasher87]

Blatant market manipulation! Seriously think TheSwede75 and the whole Labcoin team are involved. Otherwise all these odds cannot be explained.

I wonder who is buying now? Only someone who knew that good news was coming out. (hint: Labcoin)

If there's a post right after those buys....

Let's wait and see....

in before another "i've talked to Sam" post

[drawingthesun]

Blatant market manipulation! Seriously think TheSwede75 and the whole Labcoin team are involved. Otherwise all these odds cannot be explained.

I wonder who is buying now? Only someone who knew that good news was coming out. (hint: Labcoin)

If there's a post right after those buys....

You can stop now.  All of the FUDster's bids have been filled.

*sigh*

Quoting you for when this is revealed for what it is.

Question: are they "FUDster's" if they were right?

[salviel]

Because they haven't paid the fucking dividend yet when they get to raise the share price and dump! Jesus christ you guys are fucking retarded. Just because they haven't sold off all their shares at the moment doesn't mean they don't plan on doing so!

I know it's hard for you to actually maintain a coherent thought during this trying time.

How are they going to raise the price if this is a scam and they don't have any proof or are incapable of faking proof?

Most people in this thread are freaking out, and nothing else is going to bring the price out of freefall.

If they aren't planning to sell their shares now, then what are they waiting for? 0.00001?

All I ask is that you try and be a little rational, thanks.

[dhenson]

Blatant market manipulation! Seriously think TheSwede75 and the whole Labcoin team are involved. Otherwise all these odds cannot be explained.

I wonder who is buying now? Only someone who knew that good news was coming out. (hint: Labcoin)

If there's a post right after those buys....

You can stop now.  All of the FUDster's bids have been filled.

*sigh*

Quoting you for when this is revealed for what it is.

Question: are they "FUDster's" if they were right?

I'm fine with that.  A) This is NOT a scam. and B) I've seen this too many times to be fazed.

Keep it up guys, this exactly the kind of shit that will bring SEC regulation down on bitcoin stock exchanges.

We have/had a good thing here, just remember that when btct.co/havelock/bitfunder are all shutdown due to the fact that we've shown we can't behave like responsible (accredited /laugh) investors. 

[tucenaber]

Amen brother!

[drawingthesun]

Keep it up guys, this exactly the kind of shit that will bring SEC regulation down on bitcoin stock exchanges.

Then exchanges will move to other places around the world. I can even imagine a hidden tor service exchange existing at one point.

Also if you don't like the cycles its is certainly the fault of Labcoin. They said they have 2TH/s, so mine at a pool and prove it, they could show images of the mining rig.

So why don't they!?

The volatility of the price is a function of Labcoin being pricks with giving out information. They allow the FUDers to do their thing. This is absolute pure free market, no nanny looking after your poor investments. Labcoin could have stopped all of this by giving some darn proof.

But all we get are some words on a forum almost asking for faith. Well sorry I am not religious.