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zumzero
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September 12, 2013, 04:34:38 PM |
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Lots of activity on btct but it's mostly jostling - the price is still ~.003.
As rubbish as LC is in terms of providing updates and info, much of the activity in this thread looks like people trying to stoke a crash... to cash in on cheap shares.
Full disclosure: holding shares bought at IPO.
A very rare and calm perspective given the current situation. I admire people like this and wish we could all have suitable backup plans for when the SHTF and lose the lot due to the revalation that one is invested in a con. Unfortuately not everyone has plenty of cash to invest in other companies and are all-in on LC. For these people the above post is a potentially devastatingly worded piece of indirect advice. |
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crumbs
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September 12, 2013, 04:34:43 PM |
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I guarantee a bounce back.
Is that a money-back guarantee? If it isn't it's worthless to anyone. Worry not Stuartuk, ActM is heading in the same direction. Neck and neck. Heady times! |
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TMAN
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Exchange Bitcoin quickly-https://blockchain.com.do
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September 12, 2013, 04:36:26 PM |
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Not talking ipo to auction is proof this isn't a scam. I'm getting more btc onto the site. Might get a few thousand shares for cheap this evening
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Stuartuk
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September 12, 2013, 04:36:35 PM |
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I guarantee a bounce back.
Is that a money-back guarantee? If it isn't it's worthless to anyone. Worry not Stuartuk, ActM is heading in the same direction. Neck and neck. Heady times! Worry not crumby, ACtM is a proven genuine company. LabCon is not. Big difference. |
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velacreations
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September 12, 2013, 04:37:34 PM |
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Worry not Stuartuk, ActM is heading in the same direction. Neck and neck. Heady times!
yeah, so all of this btc leaving these securities. Where is it going? Are people cashing out or waiting for an opportunity? I don't see many buys on anything, yet. |
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Stuartuk
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September 12, 2013, 04:37:59 PM |
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Bids now at 0.0028 and falling.
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velacreations
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September 12, 2013, 04:38:07 PM |
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Not talking ipo to auction is proof this isn't a scam.
or a great hook... the only proof that it is not a scam would be stamped blocks and locked shares |
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zumzero
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September 12, 2013, 04:40:54 PM |
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I mean, do you guys knows what happens to this market the moment the scam is outed?
Do any of you have even the slightest idea of how it will unfold?
Trust me, I've been there and it's a bloodbath.
1% of people who are lucky enough to react quickly once the words is out will, at best, be able to walk away with 5% of the value of their stock prior to the announcement.
So if the share value is 0.003, then one in every hundred people will have saved 0.00015 for every share they own. That means for every 10,000 shares owned, you will have 1.5 bitcoins to show for it.
This is best case scenario for those lucky few.
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afrotec
Full Member
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Activity: 127
Merit: 100
Coinnoisseur
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September 12, 2013, 04:41:05 PM |
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Bids now at 0.0028 and falling.
You must be talking about ActiveMining |
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JohnyBigs
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September 12, 2013, 04:42:15 PM |
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Labcoin has become the biggest FUDster.
We're gonna stamp blocks in two weeks! No, Early October! No, Mid October.
He said three different times- in one sentence
2 weeks from now is early october I guess the concept of time is foreign to you. |
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TMAN
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Exchange Bitcoin quickly-https://blockchain.com.do
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September 12, 2013, 04:42:36 PM |
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Hook for what? Not trading 85% of the shares? Keep up the fud I'm buying more.
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Stuartuk
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September 12, 2013, 04:43:32 PM |
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I don't know if people realise their sell orders will not be filled. They put sell orders in place thinking that will protect atleast their investment - but in a crash with no buyers price will shoot straight past your sells and they will be cancelled and you will still be holding the stock.
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velacreations
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September 12, 2013, 04:44:00 PM |
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I mean, do you guys knows what happens to this market the moment the scam is outed?
Do any of you have even the slightest idea of how it will unfold?
Trust me, I've been there and it's a bloodbath.
1% of people who are lucky enough to react quickly once the words is out will, at best, be able to walk away with 5% of the value of their stock prior to the announcement.
So if the share value is 0.003, then one in every hundred people will have saved 0.00015 for every share they own. That means for every 10,000 shares owned, you will have 1.5 bitcoins to show for it.
This is best case scenario for those lucky few.
don't worry, there's this guy:  |
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velacreations
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September 12, 2013, 04:44:43 PM |
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Hook for what? Not trading 85% of the shares? Keep up the fud I'm buying more.
hey, they got the IPO funds, bud. |
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N_S
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September 12, 2013, 04:45:01 PM |
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Keep up the fud I'm buying more.
Some people are beyond help  |
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velacreations
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September 12, 2013, 04:46:47 PM |
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Not trading 85% of the shares?
and nothing keeps them from trading that 85%, either (broken promise) |
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superduh
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September 12, 2013, 04:48:53 PM |
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no POINT in solo mining until 50TH is online. that should just be scarped and they should join btcguild or another pool.
they should also provide pictures etc as promised
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ok
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newguy05
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September 12, 2013, 04:50:18 PM |
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i havent really been following this thread just too much spam, but can someone just summarize what's the issue in concise fashion? below is what i understand what labcoin is doing:
1) 2 TH mining
2) first dividend (from the 2 TH profit) next week (tuesday?)
3) 4 TH by 9/16
4) dividend every 2 weeks based on 4 TH etc..
i thought the news updates were pretty straight forward on btct.co, and they are hitting the dates. What are the issues? 1) all a lie? 2) dividend too low? 3) or??
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TMAN
Legendary
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Activity: 1414
Merit: 1808
Exchange Bitcoin quickly-https://blockchain.com.do
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September 12, 2013, 04:50:37 PM |
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Keep up the fud I'm buying more.
Some people are beyond help Quoting for prosperity. Lets get some dares on the line, I can't bet coins as I am now all In. But suitably embarrassing dares I will put on the line. If you are right I will have active mining written on my back and I will be filmed walking through my town centre shirtless. Are you willing to back up your position with the same. Ie in 4 weeks labcoin will be hashing with 8 th plus. ( I am a 35 year old father of 4. This would embarrass the hell out of me) |
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boyohi
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September 12, 2013, 04:55:14 PM |
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We're sorry for delaying but we're struggling with deployment operations and time is money, we have to set priorities according to our goals.
It is in our interest to keep the shares price rising but we're very confident that within a short time, shares will be valued what they are really worth. We will post board picture and more within the weekend, and as soon as we reach 10 TH of deployed hardware block labeling will be mirrored on the site with other stats like speed, etc.
Thanks for the update, we understand that a daily update isn't feasible. But is there any way to get a better flow of information to your investors?
We will soon work on improving our communication with investors, the huge difficulty increase forced us to prioritize other tasks. When will the 10T be reached? Next month???
We estimate in about 2 weeks. we're very confident that within a short time, shares will be valued what they are really worth
This is one thing we can both agree on This is exactly what a naive investor needs to hear to ride on the scam train. Well played Labcoin  This is an absolutely legit operation and many of those calling us a 'scam' will have to eat their words. That began the next 10 pages or so |
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