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

[Luckybit]

Anyone know if labcoin sold their own shares?

Unlikely. If they sold their shares the price would crash way down. Also their shares are at IPO level so they really can't sell them at a profit. That is why its stupid to sell below IPO level and why I think buying at 0.0005 is smart. it's going to go up to IPO level if Labcoin wants to sell their shares. Remember they have to use their shares to pay themselves.

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[ltiv]

Well, however you see it. I've dealt with multiple individuals on different forums in the past with paypal, the items sold or bought in question were premium accounts for certain filehosts including but not least; rapidshare, multiupload, hotfile and what not. I've not occurred any problems with them in the past. You're entitled to your own opinion, however an offer is an offer, whether you take it or not is up to you.

Now, I'm not sure what the problem is with offering to liquidate a stock that looks like it's about to collapse in the current market but if you have anything against the offer, sure - that's what you're entitled to. I may be new to this forum, but I'm sure a certain amount of trust will be able to be developed if we (me and my potential seller) keep in contact during the duration of the deal.

There's no reason for anyone to charge less then the current bid price for shares. Yeah, the price could be lower in an hour, but they can sell now for more then what you're paying, and get bitcoin.  So why would anyone do it?

The only reason I could come up with this late would be they're tired of losing BTC and they want out of the whole market business. Investing in a company and losing soo much would make any new investor or (potentially) an old investor tired and doubtful of future investments thus they'll want to liquidate the current stock which they're losing soo much on and stop investing in BTC centered companies. Obviously, this is open for debate but from my point of view, this is how I see it.

Why I charge less is because I've spent soo much this week so I'm sticking to my budget of wasting a certain amount of money before my next pay arrives. As with anything, there's no reason to go for an offer because it looks sweet compared to potentially losing everything however if a person wants to accept my offer, then so be it - given that my offer is still open when I wake up.

[twentyseventy]

are you guys seeing this? 

This thread is funny today, people will be butthurt.

OMG ahead of schedule!

[kleeck]

Anyone know if labcoin sold their own shares?

Yes.


Someone knows.

[Luckybit]

Labcoin is a good troll stock. It's good for day trading too, all this volatility is easy money, but it needs liquidity. It has to get on Bitfunder.

Sorry but the order book is 6 BTC away from 0.0006, which is kind of a miracle given the imminent freeze of all assets, and *any* BID over 0.00045-50 is more like an emergency exit for those who don't want to gamble with very, very disputable profit chances.

A decent price for 750 GH/s with the current situation would be more around 0.0002 as I said, so 0.0006 is still a very good price to quit... I'm all out already as I've mentioned weeks before, and while I don't "hate" the stock, the only consistent think I've seen is announcements that are never in reality.

My loss only encourages me to warn all the remaining holders to stop delusions and save what can still be saved. And no, I won't buy them out, rest assured.

Lets say they get out now and in October the hash rate increases. Now you got out and lost money for nothing? Or let's say they get out now and then later today or tomorrow Labcoin comes here and makes a post and the hashrate is in the top 10, then what?

I understand people are in a panic because of the hash rate and uncertainty but that can change at any moment. Selling means you miss out on being able to sell later at a higher price. The only way to sell now is if you can't wait until Oct.

[KarmaShark]

Anyone know if labcoin sold their own shares?

Doubtful yet it cannot be ruled out after seeing their character.



Half expecting the Swede to come and and wrap everything up with: "Sam would like me to remind you that you can all go eat cake"

[somestranger]

The main reason the price is so low is they said they'd be back on the list in an hour and hours later they aren't hashing at all.

Looks to be hashing now. #19. Not too shabby.

Nice try. That is photoshop.

I swear it isn't photoshop.

It is far easier to right click, inspect element, and edit the HTML then take a screenshot. People are so gullible.

[Puppet]

Again, it doesn't matter what the SEC thinks, since they don't have any authority outside of the United States.

Theswede is supposedly a US resident selling or publicly promoting the sale of unregistered securities to other US citizens. Yeah, thats well within the SEC's authority.  Even a Swede or Chinese would have to comply with US laws when doing business in the US. That the securities relate to nigerian oil or hashing power in asia is of no consequence, the law doesnt care what the securities are about.

[cix888]

on BTCguild you can see that the old Labcoin is now call Labcoin Liars since they are number 21 on the "MOST SHARES (ALL TIME)"

and before their was a team called MoreThanLabcoin

let see what tmw brings they still have stability issues

Thats all we can say for now

[TMAN]

1 more dump and my orders will be filled, covering from my f*ckup the other morning, do it fud fud fud

[matt4054]

1 more dump and my orders will be filled, covering from my f*ckup the other morning, do it fud fud fud

No doubt they're doing all they can to fulfil your orders

[TMAN]

1 more dump and my orders will be filled, covering from my f*ckup the other morning, do it fud fud fud

No doubt they're doing all they can to fulfil your orders

Don't get all the hate, sure they haven't given us more hash yet... Sure they have lied to us. But it's all a gamble baby

[Squirrel Dearing]

are you guys seeing this? 

This thread is funny today, people will be butthurt.

+1

[TMAN]

7 hours later - we finally get a payment

[KSGuy]

okay my turn 

[codegnome]

okay my turn 

Heck yea! I knew they could do it!

[pedrog]

are you guys seeing this? 

This thread is funny today, people will be butthurt.

+1

Haha, I had to check BTCGuild website.

Nice one.  

[SebastianJu]

What is the reason for the new drop in shareprice?

Is there an explaination how to move shares to another exchange now?

[KSGuy]

What is the reason for the new drop in shareprice?

Is there an explaination how to move shares to another exchange now?

fear

[SoylentCreek]

What is the reason for the new drop in shareprice?

Is there an explaination how to move shares to another exchange now?

fear

You misspelled scam.