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AngelSky
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September 14, 2013, 04:22:55 AM |
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Labcoin was a decent opportunity when it was going live in September. Now they are saying 10/30, they will be directly competing in the 28nm wars, with ancient technology.
That's the point. |
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Luckybit
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September 14, 2013, 04:25:04 AM |
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I still hold all my shares and I have never pumped it faggot. I don't need to pump anything the price was always in the .003's range, could have sold easily plenty of times. Now please explain to us again why you are still here with absolutely no "interest"
just here to keep anyone from buying your shares, kid. That's a lie, what about when I wasn't here? Yeaaah that's right anyway I'm off now, don't worry guys Vela will be on here all night to FUD it up to buy your shares You bought @ what price ? remember me ?  If you didn't buy at IPO prices you'll be losing money soon. The shares may recover if they pay the dividends they promise but if they do not, that might be the end of the Labcoin experiment. |
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AngelSky
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September 14, 2013, 04:26:11 AM |
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I still hold all my shares and I have never pumped it faggot. I don't need to pump anything the price was always in the .003's range, could have sold easily plenty of times. Now please explain to us again why you are still here with absolutely no "interest"
just here to keep anyone from buying your shares, kid. That's a lie, what about when I wasn't here? Yeaaah that's right anyway I'm off now, don't worry guys Vela will be on here all night to FUD it up to buy your shares You bought @ what price ? remember me ? If you didn't buy at IPO prices you'll be losing money soon. The shares may recover if they pay the dividends they promise but if they do not, that might be the end of the Labcoin experiment. Even if they pay dividends they won't have the trust of their shareholders. Share is not going to recover this time. |
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Bitcycle
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September 14, 2013, 04:26:49 AM |
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The sad thing is I don't like any of the other stocks right now. AM, maybe, but they aren't being forthcoming about their problems either.
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limbaugh
Legendary
 Offline
Activity: 1311
Merit: 1000
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September 14, 2013, 04:27:21 AM |
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If you didn't buy at IPO prices you'll be losing money soon. The shares may recover if they pay the dividends they promise but if they do not, that might be the end of the Labcoin experiment.
They are not going to pay dividends. Don't they shoot people in China for Ponzi schemes? |
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Luckybit
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September 14, 2013, 04:27:30 AM |
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Possible it will drop below IPO. It's certainly riskier now than it was then.
As much as I think their PR (and non-progress) is catastrophic, I don't think it will drop below the IPO, and I would even buy back below 0.0016. But they will have to start over and they should try to correct the PR nightmare by publishing verifiable facts about the situation ASAP. Even 0.0022 is overvalued IMO with regards to the situation (0 hash/sec) It should fall back to IPO prices because there is no proof that the chips even work. I don't think Labcoin is a scam, I just think they are having more deployment difficulties than they expected and probably should have announced delays and problems rather than make promises that they might end up breaking. If they break a promise to investors then a lot of investors will get out and wont be going back. |
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AngelSky
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September 14, 2013, 04:28:22 AM |
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The sad thing is I don't like any of the other stocks right now. AM, maybe, but they aren't being forthcoming about their problems either.
AM: down. BTCGARDEN: out. ActiveM: down. bASIC-MINING: down. COGNITIVE: down. and now, the last one: LABCOIN: down. |
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velacreations
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September 14, 2013, 04:28:30 AM |
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They are not going to pay dividends. Don't they shoot people in China for Ponzi schemes?
+1 |
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limbaugh
Legendary
Offline
Activity: 1311
Merit: 1000
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September 14, 2013, 04:29:35 AM |
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The sad thing is I don't like any of the other stocks right now. AM, maybe, but they aren't being forthcoming about their problems either.
AM: down. BTCGARDEN: out. ActiveM: down. bASIC-MINING: down. COGNITIVE: down. and now, the last one: LABCOIN: down. DEAD |
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Luckybit
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September 14, 2013, 04:29:43 AM |
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If you didn't buy at IPO prices you'll be losing money soon. The shares may recover if they pay the dividends they promise but if they do not, that might be the end of the Labcoin experiment.
They are not going to pay dividends. Don't they shoot people in China for Ponzi schemes? If they don't pay dividends like they promised then we could see IPO prices or even below IPO prices. The only people who will believe in them will be Labcoin's team and a few people with very small amounts of shares. Basically it's still worth a gamble with a few thousand shares at IPO price but not worth it if you're buying tens of thousands of shares at the current price. You're not going to bet $5000-10,000 on Labcoin. $500 maybe is something people will be willing to lose. |
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AngelSky
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September 14, 2013, 04:30:58 AM |
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Ah and BTW, are the shares locked ? Oh no, we forgot to talk about this issue.  |
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N_S
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September 14, 2013, 04:31:07 AM |
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AM: down.
BTCGARDEN: out.
ActiveM: down.
bASIC-MINING: down.
COGNITIVE: down.
and now, the last one: LABCOIN: down.
I've been known to cheerlead for ActM a little bit. Hey Ken, amazing company you got there! Got room for one more? |
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Bitcycle
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September 14, 2013, 04:32:00 AM |
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If you didn't buy at IPO prices you'll be losing money soon. The shares may recover if they pay the dividends they promise but if they do not, that might be the end of the Labcoin experiment.
They are not going to pay dividends. Don't they shoot people in China for Ponzi schemes? If they don't pay dividends like they promised then we could see IPO prices or even below IPO prices. The only people who will believe in them will be Labcoin's team and a few people with very small amounts of shares. Basically it's still worth a gamble with a few thousand shares at IPO price but not worth it if you're buying tens of thousands of shares at the current price. You're not going to bet $5000-10,000 on Labcoin. $500 maybe is something people will be willing to lose. Even the company itself says there's no hope of recovery for 6 weeks. |
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velacreations
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September 14, 2013, 04:32:19 AM |
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If they don't pay dividends like they promised then we could see IPO prices or even below IPO prices.
If they do pay, it'll just be some of the IPO money, anyway. There's no revenue, so it's pointless, really. |
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Luckybit
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September 14, 2013, 04:32:40 AM |
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I bet whatever Labcoin's situation is, I could have presented it 1000 times better.
They should get some decent advice.
Never ever ever break a promise to investors. And never ever ever lie to investors. This is basic economic communication 101. If they break either of these commandments they will permanently damage the faith of investors and the only reason their shares are about IPO price quite frankly is because of faith. People have faith in Sam Noi. They have faith in everything he says, and on his promises. |
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velacreations
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September 14, 2013, 04:33:41 AM |
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Ah and BTW, are the shares locked ? Oh no, we forgot to talk about this issue. yeah, they weren't going to bring that one up as they started dumping shares... |
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Luckybit
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September 14, 2013, 04:34:02 AM |
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If you didn't buy at IPO prices you'll be losing money soon. The shares may recover if they pay the dividends they promise but if they do not, that might be the end of the Labcoin experiment.
They are not going to pay dividends. Don't they shoot people in China for Ponzi schemes? If they don't pay dividends like they promised then we could see IPO prices or even below IPO prices. The only people who will believe in them will be Labcoin's team and a few people with very small amounts of shares. Basically it's still worth a gamble with a few thousand shares at IPO price but not worth it if you're buying tens of thousands of shares at the current price. You're not going to bet $5000-10,000 on Labcoin. $500 maybe is something people will be willing to lose. Even the company itself says there's no hope of recovery for 6 weeks. Recovery from what? They aren't even admitting anything. They claim to be hashing. |
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KCBitcoin
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September 14, 2013, 04:36:27 AM |
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The website will be updated this week in order to show our live hashing rate is this still gonna happen? |
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limbaugh
Legendary
Offline
Activity: 1311
Merit: 1000
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September 14, 2013, 04:37:44 AM |
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Why does TheSwede continue to associate with Labcoin? He must have known this last update was going to kill off the price before he posted it.
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Bitcycle
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September 14, 2013, 04:39:04 AM |
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