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Author Topic: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)  (Read 1079883 times)
velacreations
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September 14, 2013, 05:28:35 AM
 #8861

whoa, .0015, man, Europe is tanking this thing for real!

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ronaldlee0917
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September 14, 2013, 05:28:55 AM
 #8862

lol, back to IPO price?

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September 14, 2013, 05:29:35 AM
 #8863

lol, back to IPO price?

Below, IPO folks are going to bail with the quickness
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September 14, 2013, 05:29:54 AM
 #8864

SUB-IPO = no more trust = SCAM.

If we go under IPO this is over. I wonder who the bagholders are going to be, all these people set 0.0015 as a buy thinking that will be awesome when it gets filled.

Hint, your buys got filled for a reason.
I was able to remove my .002 buy just in time - it almost struck.

I was wondering if I should buy some, but at this point I don't want something that no one wants.
Bitcycle
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September 14, 2013, 05:30:48 AM
 #8865


If you bought on that 0.003 bounce, half your money is gone.
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September 14, 2013, 05:31:21 AM
 #8866

whoa, .0015, man, Europe is tanking this thing for real!

Don't worry, it will recover to 0.002. It's worth 0.002, IPO would be if people think its a complete scam and I don't think that is what most people think. I think this is a panic selloff.
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September 14, 2013, 05:31:30 AM
 #8867

SUB-IPO = no more trust = SCAM.

If we go under IPO this is over. I wonder who the bagholders are going to be, all these people set 0.0015 as a buy thinking that will be awesome when it gets filled.

Hint, your buys got filled for a reason.
I was able to remove my .002 buy just in time - it almost struck.

I was wondering if I should buy some, but at this point I don't want something that no one wants.
I already lost 3.5 BTC today on some stupid moves - not risking any more. No way to know where this ends.
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September 14, 2013, 05:31:59 AM
 #8868

** FRIENDLY REMINDER **

****WARNING to all Labcoin Shareholders****

People there are no traces going to the chips on these circuit boards. There are no decoupling capacitors near the chips and there does not appear to be a ground plane on the board. Ask any of the DIY asic developers here on the forum and they will confirm that these things are absolutely necessary to create a working miner.

I was a big believer in Labcoin but i am completely out now. This is a disappointing end to what could have been a promising venture.

I welcome a realistic explanation from Labcoin but at this point I am seriously warning anyone to invest at their own risk.


Again, this is very serious, and I think the #1 worry for those who dare to hold! I think posting this pic was worse than posting nothing after all, because after reading a bit it looks seriously screwed indeed :-/
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September 14, 2013, 05:32:19 AM
 #8869

whoa, .0015, man, Europe is tanking this thing for real!

Don't worry, it will recover to 0.002. It's worth 0.002, IPO would be if people think its a complete scam and I don't think that is what most people think. I think this is a panic selloff.

Complete scam = 0
Labcoin lied about hashing = IPO
somestranger
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September 14, 2013, 05:32:24 AM
 #8870

whoa, .0015, man, Europe is tanking this thing for real!

Don't worry, it will recover to 0.002. It's worth 0.002, IPO would be if people think its a complete scam and I don't think that is what most people think. I think this is a panic selloff.
It is a complete scam. The PCBs don't even have circuitry or traces to run the chips!! They lied about hashing because they aren't, and the chips are probably fake.
mgio
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September 14, 2013, 05:32:44 AM
 #8871

That's it. I'm out.

Fortunately I only lost about 5 BTC on my 57 BTC investment.


Even if Labcoin is for real, they royally messed up and anyone with half a brain will be getting out now.

5 BTC is not too much. Hope you can do better with your 57 BTC left somewhere else  Grin

It's only sad because that 57 was worth 80 just earlier today. Oh well, no big loss. I won't even care if Labcoin isn't a scam and they actually deliver what was promised. I'll always know I made the smart the decision. Right now buying Labcoin is no longer investing, it's just pure gambling.
velacreations
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September 14, 2013, 05:33:24 AM
 #8872

This order got pulled!



SHIT JUST GOT REAL!

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September 14, 2013, 05:34:19 AM
 #8873

whoa, .0015, man, Europe is tanking this thing for real!

Don't worry, it will recover to 0.002. It's worth 0.002, IPO would be if people think its a complete scam and I don't think that is what most people think. I think this is a panic selloff.
It is a complete scam. The PCBs don't even have circuitry or traces to run the chips!! They lied about hashing because they aren't, and the chips are probably fake.

That doesn't make it a scam. They could have fucked up or made a mistake. Most of these companies make similar mistakes but don't go on to make promises about paying dividends.
Bitcycle
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September 14, 2013, 05:35:01 AM
 #8874


It's only 07:30 in Berlin too.  Early days yet.
somestranger
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September 14, 2013, 05:35:06 AM
 #8875

This order got pulled!



SHIT JUST GOT REAL!
There was also a 15,000 share put option with net proceeds of .0011/share that got pulled. Confidence has disintegrated.
AngelSky
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September 14, 2013, 05:35:18 AM
 #8876

This order got pulled!



SHIT JUST GOT REAL!

Even this guy won't be happy  Grin
drawingthesun
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September 14, 2013, 05:35:58 AM
 #8877

Remember its tanking because of the lie, the FUD isn't really FUD if its true and warranted.

They said they had a 2TH/s system and this week the MOST they can show for it is some PCB's with defects and a tray of chips.
AngelSky
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September 14, 2013, 05:36:14 AM
 #8878

PLEASE WELCOME OUR EUROPEAN SHAREHOLDERS (I hope for them they bought @ IPO) THAT ARE WAKING UP.
Bitcycle
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September 14, 2013, 05:36:50 AM
 #8879


LOL @ that buyer.
drawingthesun
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September 14, 2013, 05:36:53 AM
 #8880

That doesn't make it a scam. They could have fucked up or made a mistake. Most of these companies make similar mistakes but don't go on to make promises about paying dividends.

Don't forget they lied about hashing. If the PCB doesn't work how can they hash?
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