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

[dhenson]

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.

Give it up already.  I'm sorry you placed your bids too low and they didn't fill.  I guess you'll just have to sit this round out.  Fud only works when your buddies back you up.  Your flying solo at the moment.

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[BitThink]

It's not the investors, not even the day traders, but the issuers and inside traders, need to regulated,

[dhenson]

It's not the investors, but the issuers and inside traiders, need to regulated,

hah, umm... proof?

You may have swallowed too much of the cool-aid.  There is absolutely no proof that any inside trading or foul play by issuers has occurred.  Those are simply talking points used by FUDsters that you seem to have actually believed.

It's ok. You weren't the first person to fall to their tactics.  You will soon realize you were duped into selling and you will scramble to pick your shares back up on the next wave.

[Ytterbium]

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)

Eh, I dunno.  The price is pretty cheap. Like I said the odds of this actually being a huge scam is pretty low, likely it's just some technical difficulties, which they should be more forthcoming about.

[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.

Give it up already.  I'm sorry you placed your bids too low and they didn't fill.  I guess you'll just have to sit this round out.  Fud only works when your buddies back you up.  Your flying solo at the moment.

Wow dude you are a fool. How is demanding some evidence bad? Why not pool mine? Photos are easy to take in the modern era.

I am 50% sure the price will rise again on the "news" (because they will pump it again) and the remainder of my shares will fill and I will be out for good. However I had 0 buy orders this time because I feel the end of the line is approaching and am not willing to risk more Bitcoin on this one.

At one point I was heavily invested and this position is coming to an end.

[BitThink]

It's not the investors, but the issuers and inside traiders, need to regulated,

hah, umm... proof?

You may have swallowed too much of the cool-aid.  There is absolutely no proof that any inside trading or foul play by issuers have occurred.  Those are simply talking points used by FUDsters that you seem to have actually believed.

It's ok. You weren't the first person to fall to their tactics.  You will soon realize you were duped into selling and you will scramble to pick your shares back up on the next wave.

No, I did not fall to their tactics this time. On the contrary, I bought some shares around 0.0031. I just think the company, and especially the PR man,  is responsible for this crazy thing happens again and again. If it happened only once, I think they are just inexperienced. But it happened too many times.

BTW: the word "blatant manipulation" actually is said exactly by yourself in PETA-MINE thread. The difference is that you think the manipulation is just driven by some random traders. But I think without support from the company, they could not succeed so many times.

[Ytterbium]

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.

No, the problem is if it was a scam it would be easy to fake proof.  Just buy 2-4Th/s of bitfuries/old Avalons/whatever with the IPO money, along with some prototype boards to take photos of.  Instant "proof".   The share price would spike and the scammers would take in millions. Hell, they could even start taking pre-orders or claim they had chips "in hand".  They could probably rake in millions more doing that.

But they're not doing any of that, they haven't even sold most of their 30% stake in the company. If these guys are scammers they're leaving millions of dollars on the table.

[dhenson]

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.

Give it up already.  I'm sorry you placed your bids too low and they didn't fill.  I guess you'll just have to sit this round out.  Fud only works when your buddies back you up.  Your flying solo at the moment.

Wow dude you are a fool. How is demanding some evidence bad? Why not pool mine? Photos are easy to take in the modern era.

I am 50% sure the price will rise again on the "news" (because they will pump it again) and the remainder of my shares will fill and I will be out for good. However I had 0 buy orders this time because I feel the end of the line is approaching and am not willing to risk more Bitcoin on this one.

At one point I was heavily invested and this position is coming to an end.

I'm sorry to tell you, but you are going to wish you had the fortitude to see through this FUD and hold your shares.  We are seriously less than 90 days from ~300TH and hardware sales.  The reason why the price is so low is BECAUSE of the risk.  If it wasn't risky, the reward wouldn't be nearly as great.

Whatever, I really don't care if you make money or not.  I'm not selling, either follow me to the end zone, or drop the ball at the 5 yard line... your choice.

[camu6]

It's not the investors, but the issuers and inside traiders, need to regulated,

hah, umm... proof?

You may have swallowed too much of the cool-aid.  There is absolutely no proof that any inside trading or foul play by issuers has occurred.  Those are simply talking points used by FUDsters that you seem to have actually believed.

It's ok. You weren't the first person to fall to their tactics.  You will soon realize you were duped into selling and you will scramble to pick your shares back up on the next wave.

It is so obvious that your blatant ignorance is driven by your own financial interests.

There is no proof of the things the FUDsters say? You are right.

There is no proof of the things Labcoin says? We are right.

[dhenson]

But I think without support from the company, they could not succeed so many times.

In what way is 'the company' supporting the manipulators?  They are simply choosing not to play the game.

[drawingthesun]

I'm sorry to tell you, but you are going to wish you had the fortitude to see through this FUD and hold your shares.  We are seriously less than 90 days from ~300TH and hardware sales.  The reason why the price is so low is BECAUSE of the risk.  If it wasn't risky, the reward wouldn't be nearly as great.

Whatever, I really don't care if you make money or not.  I'm not selling, either follow me to the end zone, or drop the ball at the 5 yard line... your choice.

The shares are over 3x IPO valuation. They are not cheap (only cheap based on some bad math)

Risk implies risk. The risk is too great for me now. The signs point to a badly run company in the best case or a scam in the worst case. Obviously the risk is not so bad for you, I do envy people like you that have money to throw around like that. Unfortunately I don't have the same luxury to be so reckless.

Good luck. I hope you are genuine and not trolling to get more bagholders.

[Ytterbium]

A ton more bids over .003 have been added to the order book.  I doubt it'll go down below that price.

[BitThink]

But I think without support from the company, they could not succeed so many times.

In what way is 'the company' supporting the manipulators?  They are simply choosing not to play the game.

Are you serious?

No responsible company will give promise with exact deadline and then break it without even proper excuse. Without the word as explicit as '48 hours', and then give a ridiculous explanation after 48 hours, do you think the price will crash today? Remember last crash, "early next week", then "I cannot get hold of Sam" after a week.

Do you really think today's crash has nothing to do with TheSwede75?

[dhenson]

Obviously the risk is not so bad for you, I do envy people like you that have money to throw around like that. Unfortunately I don't have the same luxury to be so reckless.

I work a 9 to 5 just like everyone else.  I have been successful in my investments BECAUSE I didn't fall for these blatant manipulation tactics and took my profits when the math said to, not the FUD.

Are you serious?

No responsible company will give promise with exact deadline and then break it without even proper excuse. Without the word as explicit as '48 hours', and then give a ridiculous explanation after 48 hours, do you think the price will crash today? Remember last crash, "early next week", then "I cannot get hold of Sam" after a week.

Do you really think today's crash has nothing to do with TheSwede75?

I think TheSwede75 is a horrible PR representative.  He spends all of his time speculating on gambling securities (oh, and 100TH lolwut?) and completely ignores this thread.  It is my opinion (unsubstantiated) that he was hired to handle the IPO, which by the way he did an amazing job of considering the issues.  Since the IPO he has been a non-entity and anything he says can be ignored.  Any dates or times or estimates he says are completely irrelevant.  

[runam0k]

Still not really seeing a "crash".  The price is still > .003.

[Bitcycle]

Still not really seeing a "crash".  The price is still > .003.

It's not nearly over.

[carpetbagger]

It is so obvious that your blatant ignorance is driven by your own financial interests.

Pretty much everyone is driven by their own financial interests here. This is the securities section of a virtual currency forum. Why are you here?

[BitThink]

Still not really seeing a "crash".  The price is still > .003.

I think you will see it if there's no update in the next 24 hours. Now many investors are expecting 'labcoin' to login and say something to stabilize the share price as he did a couple of times before. If he does not, then more investors will panic and then we will see a real crash.

I wish it did not happen. I personally lose more than 10 BTC in last crash by selling all and buying back some at higher price (I admit that's partly the reason I don't like TheSwede, who triggered the last crash, although I know my own fault should be blamed more). I don't want it happens again on other guys here. To be honest, nothing has really happened if we ignore what theSwede75 said.

[Ytterbium]

There's a pool you can vote in:

[VOTE]Should The Labcoin fire The Swede75?

Currently 65.9% to 23.5%.

[BitCsByBit]

I can't wait for Labcoin to achieve the stage where AsicMiner is right now.

They haven't found a block in 16 hours and it is still calm in their thread. Someone just dumped 78 shares, but no one is screaming.