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Author Topic: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)  (Read 1079977 times)
TsuyokuNaritai
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September 17, 2013, 01:52:19 PM
 #10181

That 66k wall at 0.003 to push the price down into the bids - it would be so funny if good news is posted and they don't pull it in time. Grin

There must be at least one whale with their finger on the trigger...

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E.Sam
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September 17, 2013, 01:53:22 PM
 #10182



At this point, I don't think humour is their best strategy...

EDIT: Ok, the bot is obviously not programmed by LC.

I assumed everyone would get the joke.

I would like to think that I would normally get it. But at this point of the thread, not sure how to differ a joke from a FUD anymore...
NineLives
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September 17, 2013, 01:54:40 PM
 #10183


Bitcoin Mining Hardware:   www.mininghardware.co.uk
bjack0815
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September 17, 2013, 01:56:37 PM
 #10184

Labcoin: What is the reason for the drop from the original estimate of 6Th/s to 3-4Th/s to now 2Th/s for this initial batch? Is there a problem with heat?

Not really a drop to 2 TH, this is roughly the speed we're mining at now, it will reach 4 TH next monday. The drop  was from 6 to 4 TH and was caused by some underperforming part of the batch.

when do we expect a dividend? somewhere this week?

So 2 weeks till we start seeing divs?

First dividend payment is due  on tuesday 17 September

Did anyone receice his dividends yet?

Work hard, play hard.
TsuyokuNaritai
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September 17, 2013, 01:58:39 PM
 #10185

Did anyone receice his dividends yet?
It would show up on the history tab, here: https://btct.co/security/LABCOIN

velacreations
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September 17, 2013, 02:27:37 PM
 #10186

First dividend payment is due  on tuesday 17 September

we'll just add this to the growing list of broken promises and missed deadlines.

but wait, Labcon will come on in a few hours and say "Dividends have been postponed due to tweaking.  We will send them when we have time, in two weeks, mid october, christmas, valentine's day, next update, tomorrow, or soon.  Buy cheap shares."

Zakryze
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September 17, 2013, 02:35:08 PM
 #10187

where has fanboy mabsark gone to?

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PRIMEDICE
The Premier Bitcoin Gambling Experience @PrimeDice
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TsuyokuNaritai
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September 17, 2013, 02:35:24 PM
 #10188

Labcoin just came online...

Luckybit
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September 17, 2013, 02:37:06 PM
 #10189

First dividend payment is due  on tuesday 17 September

we'll just add this to the growing list of broken promises and missed deadlines.

but wait, Labcon will come on in a few hours and say "Dividends have been postponed due to tweaking.  We will send them when we have time, in two weeks, mid october, christmas, valentine's day, next update, tomorrow, or soon.  Buy cheap shares."

What do they gain at this point telling anyone to buy shares? They got all the money they need. They don't get any extra money telling anyone to buy shares.

Isn't it suspect that they wouldn't allow their 30% shares to be locked? Is there any way to confirm that they aren't planning to pump and dump?

There's a lot of risk in this stock, apply Bayes' theorem.
velacreations
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September 17, 2013, 02:38:03 PM
 #10190

where has fanboy mabsark gone to?

he hides every time they miss a deadline or break a promise.

runam0k
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September 17, 2013, 02:39:32 PM
 #10191

Labcoin just came online...
Cue drum roll
Luckybit
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September 17, 2013, 02:39:37 PM
 #10192

Labcoin just came online...
Labcoin: What is the reason for the drop from the original estimate of 6Th/s to 3-4Th/s to now 2Th/s for this initial batch? Is there a problem with heat?

Not really a drop to 2 TH, this is roughly the speed we're mining at now, it will reach 4 TH next monday. The drop  was from 6 to 4 TH and was caused by some underperforming part of the batch.

when do we expect a dividend? somewhere this week?

So 2 weeks till we start seeing divs?

First dividend payment is due  on tuesday 17 September
velacreations
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September 17, 2013, 02:40:09 PM
 #10193

Isn't it suspect that they wouldn't allow their 30% shares to be locked? Is there any way to confirm that they aren't planning to pump and dump?

It is suspect, and it's suspect that they never address the issue, even though it is a MAJOR broken promise/lie.

That being said, burnside confirmed last week that they hadn't dumped, yet.  He also confirmed that they never requested the shares to be locked.

physalis
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September 17, 2013, 02:54:14 PM
 #10194

That being said, burnside confirmed last week that they hadn't dumped, yet.  He also confirmed that they never requested the shares to be locked.

Burnside confirmed that 85% of their shares were still there.
That means 15% are gone - that's 450k shares.
Lets say they were sold at ~0.0035, that's 1575 BTC.

Please don't use what burnside confirmed as if it was a good thing.
TMAN
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September 17, 2013, 02:54:58 PM
 #10195

LC's main objective isn't to appease us, it's to get kit on line. Sit back relax and watch the waves...

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TMAN
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September 17, 2013, 02:56:01 PM
 #10196

That being said, burnside confirmed last week that they hadn't dumped, yet.  He also confirmed that they never requested the shares to be locked.

Burnside confirmed that 85% of their shares were still there.
That means 15% are gone - that's 450k shares.
Lets say they were sold at ~0.0035, that's 1575 BTC.

Please don't use what burnside confirmed as if it was a good thing.

He said 85% are in the same account, we don't know if any were sold or if they are sitting in different accounts. Swede has said he isn't aware of anyone selling at all

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TsuyokuNaritai
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September 17, 2013, 02:56:51 PM
 #10197

That being said, burnside confirmed last week that they hadn't dumped, yet.  He also confirmed that they never requested the shares to be locked.

Burnside confirmed that 85% of their shares were still there.
That means 15% are gone - that's 450k shares.
Lets say they were sold at ~0.0035, that's 1575 BTC.

Please don't use what burnside confirmed as if it was a good thing.
Burnside didn't say they'd been sold, he said they weren't held in the account he associated with Labcoin.

MaxSan
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September 17, 2013, 02:57:15 PM
 #10198

That being said, burnside confirmed last week that they hadn't dumped, yet.  He also confirmed that they never requested the shares to be locked.

Burnside confirmed that 85% of their shares were still there.
That means 15% are gone - that's 450k shares.
Lets say they were sold at ~0.0035, that's 1575 BTC.

Please don't use what burnside confirmed as if it was a good thing.

This is also wrong. He said he didnt know which account held the rest of the shares.
physalis
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September 17, 2013, 02:58:49 PM
 #10199

That being said, burnside confirmed last week that they hadn't dumped, yet.  He also confirmed that they never requested the shares to be locked.

Burnside confirmed that 85% of their shares were still there.
That means 15% are gone - that's 450k shares.
Lets say they were sold at ~0.0035, that's 1575 BTC.

Please don't use what burnside confirmed as if it was a good thing.
Burnside didn't say they'd been sold, he said they weren't held in the account he associated with Labcoin.

Yes, they are gone, like I said. We don't know what happened with them, so we have to assume they have been sold.
Painting it like burnside said or implied in any way that they haven't been sold is wrong.
NineLives
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September 17, 2013, 03:00:04 PM
 #10200

LC's main objective isn't to appease us, it's to get kit on line. Sit back relax and watch the waves...


Bitcoin Mining Hardware:   www.mininghardware.co.uk
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