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

[Vigil]

Another avalanche tonight? Was there news?

Why would there be news, nothing new has been shown since the IPO.

[velacreations]

Lets not got ahead of ourselves here. It's likely going to come Wednesday evening, US time (previous announcement was 9pm Central Time).

Don't get fooled by the countdown to 12:0AM China time.  

I believe 8 pm Central time is about 9 am the next day in China, so beginning of the work day. 9pm is certainly not within work hours (in the US).  

If we don't hear anything by the end of the work day on Weds in China, then I think this thing will tank, regardless.

[JohnyBigs]

BET ME YOUR NAME SHILL FUD

You're still not wagering anything of value.
Your excuse does not stand, you can buy Bitcoins easily, you still have two weeks.

Looks like your scared, if your so sure why wouldn't you bet? Nah actually buying bitcoins is quite complicated dumbass, don't plan on giving my bank information to GOX or any exchange, and am not going to waste 2 hours to go through different payment methods to get some BitCoin. All my bitcoin has been mined, and all invested in LabCoin and very little in IceDrill.

You still have two weeks to wager me your name, but you won't cause your a shill pussy FUD

[Ytterbium]

It would have been interesting if they'd given their mining address before mining any blocks. Then people would be sitting around, waiting for them to find a block, and likely seeing the stock spike as soon as they did.

[BitThink]

It would have been interesting if they'd given their mining address before mining any blocks. Then people would be sitting around, waiting for them to find a block, and likely seeing the stock spike as soon as they did.

That wait could be quite long considering they are solo mining.

[JohnyBigs]

Nah actually buying bitcoins is quite complicated dumbass

It's not.

All my bitcoin has been mined, and all invested in LabCoin and very little in IceDrill.

I even said you could bet 0.1. Can't even mine that?

You still have two weeks to wager me your name, but you won't cause your a shill pussy FUD

Again, you're not providing anything of value. Your yellow-ignore account has absolutely no value, and you will just create yet another account. Why should I value it?

Keep in mind I have no doubt you're lying - but at least try to make your lies believable.

I don't mine anymore hence buying securities. Yes my yellow ignored account good one. It became yellow and ignored from the FUDS on here lol. You don't need to value my account just like I don't give a shit about your worthless account.

What matters is I can feel good about the fact that you will never get to post with that account ever again.

This name is also my nickname that I use everywhere, so it's the same value as yours, you've used that name for 10 years I've used the same name. Therefore equal value.

If your so sure that LabCoin is a scam bet your name, your not going to lose anything since they are a scam, but you won't because your just a SHILL.

I'm willing to bet my name your not cause your a FUD.

[jnada]

I would like to point out that I am not calling anyone FUDsters, I am also not saying that labcoin has not had 2th hashing. My statement is just based on the info I have and that is that more tweaking and calibrating is needed before Labcoin feels comfortable with stating a stable hash rate.

simply you are FUD

[BitThink]

Labcoin made the announcement of announcement in a time it was not expected and not necessary at all, when the price was already stabilized around 0.0018. Therefore, if he was not sure that he could keep his promise, he could just keep quite that time. Therefore, I don't think there's any reason for him to pull back the news this time (unless they really want to take the advantage of pump and dump).

[Vigil]

Labcoin made the announcement of announcement in a time it was not expected and not necessary at all, when the price was already stabilized around 0.0018. Therefore, if he was not sure that he could keep his promise, he could just keep quite that time. Therefore, I don't think there's any reason for him to pull back the news this time (unless they really want to take the advantage of pump and dump).

One reason could be that they are not hashing anything.

[BitThink]

Labcoin made the announcement of announcement in a time it was not expected and not necessary at all, when the price was already stabilized around 0.0018. Therefore, if he was not sure that he could keep his promise, he could just keep quite that time. Therefore, I don't think there's any reason for him to pull back the news this time (unless they really want to take the advantage of pump and dump).

One reason could be that they are not hashing anything.

If they are not hashing, why labcoin made that announcement? I already said that announcement is not necessary and it's unexpected. Why did he give us a rope to hang himself if there's no hashing? It does not make sence. 

[Vigil]

Labcoin made the announcement of announcement in a time it was not expected and not necessary at all, when the price was already stabilized around 0.0018. Therefore, if he was not sure that he could keep his promise, he could just keep quite that time. Therefore, I don't think there's any reason for him to pull back the news this time (unless they really want to take the advantage of pump and dump).

One reason could be that they are not hashing anything.

If they are not hashing, why labcoin made that announcement? I already said that announcement is not necessary and it's unexpected. Why did he give us a rope to hang himself if there's no hashing? It does not make sence.  

Because that is what Labcoin has always done. Labcoin has handed the rope over for weeks and no one has the common sense to hang them with it. They make announcements that there will be an announcement on some date and then they just stall and/or offer some lie. Sometimes the price plummets because they don't provide the info when they say they will or because they delay and promise info at some future time; or they throw a random vague bone for which the price jumps and comes back down. Then they do it all over again. Where have you been?

[BitThink]

Labcoin made the announcement of announcement in a time it was not expected and not necessary at all, when the price was already stabilized around 0.0018. Therefore, if he was not sure that he could keep his promise, he could just keep quite that time. Therefore, I don't think there's any reason for him to pull back the news this time (unless they really want to take the advantage of pump and dump).

One reason could be that they are not hashing anything.

If they are not hashing, why labcoin made that announcement? I already said that announcement is not necessary and it's unexpected. Why did he give us a rope to hang himself if there's no hashing? It does not make sence.  

Because that is what Labcoin has always done. Labcoin has handed the rope over for weeks and no one has the common sense to hang them with it. They make announcements that there will be an announcement on some date and then they just stall and/or offer some lie. Sometimes the price plummets because they don't provide the info when they say they will or because they delay and promise info at some future time; or they throw a random vague bone for which the price jumps and comes back down. Then they do it all over again. Where have you been?

I've said if they do it again, then no doubt they are manipulating the market so someone will benefit from it. Then the best strategy is just put orders in both sides and bet on they will not stop this game soon. No one will kill a hen laying eggs.

[limbaugh]

I've said if they do it again, then no doubt they are manipulating the market so someone will benefit from it. Then the best strategy is just put orders in both sides and bet on they will not stop this game soon. No one will kill a hen laying eggs.

If they do it again I don't believe the price will ever recover above 002.

If Labcoin sincerely believes they will hit 500TH by year end, he could care less what you think. And the share price will reflect this. No matter how hard you wish it wasn't so.

[Bitcycle]

I have a new theory-

 Maybe the chips and boards worked fine in isolation, but they're having trouble with actual deployment.  Maybe whatever datacenter they're using is full of idiots or has power issues or something.

If that's the case, maybe they really will announce they have 4TH operational this week, as promised.  But we might get a mining address that's empty at first. So a mixed bag.


Just another random guess in the absence of actual information.

[foxykah]

BET ME YOUR NAME SHILL FUD

I bet my name that they WILL deliver, and WILL show us a mining address before Wednesday.

[KCBitcoin]

its already tuesday 2pm in china
lets see if we will see any div coming within 10 hours.

[Bitcycle]

You asked for it:
Timer removed. End time: 2013-09-17+16:00:00UTC

[KCBitcoin]

You asked for it:

i bet they've already forgotten about it.

[jeffhuys]

You asked for it:

i bet they've already forgotten about it.

That's probably why it's quoted again. It gets buried rather fast in a thread as huge as this.

[Ytterbium]

That countdown clock is completely ridiculous. They have until 10:59 AM UTC on Thursday to post. That's just some completely arbitrary point in time when most of the world will still be on Tuesday.




But really we can't be sure.  Also for whatever reason, that clock thing gets messed up if it's loaded multiple times per page.